Yanjun Wang Sells 1,500 Shares of SEA (NYSE:SE) Stock

Sea Limited Sponsored ADR (NYSE:SEGet Free Report) insider Yanjun Wang sold 1,500 shares of the firm’s stock in a transaction on Wednesday, September 2nd. The shares were sold at an average price of $112.48, for a total transaction of $168,720.00. Following the transaction, the insider owned 14,100 shares in the company, valued at $1,585,968. This represents a 9.62% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

Yanjun Wang also recently made the following trade(s):

  • On Monday, August 31st, Yanjun Wang sold 1,500 shares of SEA stock. The shares were sold at an average price of $114.07, for a total value of $171,105.00.
  • On Friday, August 28th, Yanjun Wang sold 1,500 shares of SEA stock. The shares were sold at an average price of $119.58, for a total value of $179,370.00.
  • On Wednesday, August 26th, Yanjun Wang sold 1,500 shares of SEA stock. The shares were sold at an average price of $119.81, for a total transaction of $179,715.00.
  • On Monday, August 24th, Yanjun Wang sold 1,500 shares of SEA stock. The shares were sold at an average price of $115.93, for a total value of $173,895.00.
  • On Friday, August 21st, Yanjun Wang sold 1,500 shares of SEA stock. The shares were sold at an average price of $117.74, for a total value of $176,610.00.
  • On Wednesday, August 19th, Yanjun Wang sold 1,500 shares of SEA stock. The stock was sold at an average price of $117.90, for a total transaction of $176,850.00.
  • On Monday, August 17th, Yanjun Wang sold 1,500 shares of SEA stock. The shares were sold at an average price of $119.88, for a total transaction of $179,820.00.
  • On Friday, August 14th, Yanjun Wang sold 1,500 shares of SEA stock. The stock was sold at an average price of $122.24, for a total transaction of $183,360.00.
  • On Wednesday, August 12th, Yanjun Wang sold 1,500 shares of SEA stock. The stock was sold at an average price of $128.66, for a total transaction of $192,990.00.
  • On Monday, August 10th, Yanjun Wang sold 1,500 shares of SEA stock. The shares were sold at an average price of $114.58, for a total value of $171,870.00.

SEA Stock Performance

Shares of NYSE SE opened at $112.09 on Friday. The business has a fifty day simple moving average of $111.11 and a 200 day simple moving average of $97.15. The company has a current ratio of 1.49, a quick ratio of 1.48 and a debt-to-equity ratio of 0.07. The firm has a market capitalization of $68.49 billion, a price-to-earnings ratio of 43.28, a PEG ratio of 1.12 and a beta of 1.51. Sea Limited Sponsored ADR has a one year low of $77.05 and a one year high of $199.30.

SEA (NYSE:SEGet Free Report) last announced its quarterly earnings results on Tuesday, August 11th. The Internet company based in Singapore reported $0.70 EPS for the quarter, missing analysts’ consensus estimates of $0.86 by ($0.16). The business had revenue of $7.79 billion for the quarter, compared to the consensus estimate of $7.12 billion. SEA had a return on equity of 13.54% and a net margin of 5.98%.The firm’s revenue for the quarter was up 48.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.65 EPS. Sell-side analysts expect that Sea Limited Sponsored ADR will post 2.91 EPS for the current year.

Institutional Investors Weigh In On SEA

A number of hedge funds have recently modified their holdings of the business. Woodline Partners LP acquired a new stake in SEA in the 1st quarter valued at approximately $4,028,000. BI Asset Management Fondsmaeglerselskab A S boosted its position in SEA by 248.7% during the 2nd quarter. BI Asset Management Fondsmaeglerselskab A S now owns 39,192 shares of the Internet company based in Singapore’s stock worth $6,268,000 after acquiring an additional 27,953 shares during the last quarter. Captrust Financial Advisors boosted its position in SEA by 4.2% during the 2nd quarter. Captrust Financial Advisors now owns 27,188 shares of the Internet company based in Singapore’s stock worth $4,348,000 after acquiring an additional 1,084 shares during the last quarter. State of Tennessee Department of Treasury grew its stake in shares of SEA by 5.4% during the 2nd quarter. State of Tennessee Department of Treasury now owns 543,203 shares of the Internet company based in Singapore’s stock worth $86,880,000 after acquiring an additional 27,964 shares in the last quarter. Finally, Morse Asset Management Inc grew its stake in shares of SEA by 21.1% during the 2nd quarter. Morse Asset Management Inc now owns 12,168 shares of the Internet company based in Singapore’s stock worth $1,946,000 after acquiring an additional 2,121 shares in the last quarter. Institutional investors and hedge funds own 59.53% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently commented on SE. Jefferies Financial Group reissued a “buy” rating on shares of SEA in a research note on Tuesday, May 12th. Benchmark upped their price target on SEA from $140.00 to $175.00 and gave the company a “buy” rating in a research note on Wednesday, August 12th. Barclays boosted their price target on shares of SEA from $122.00 to $156.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 12th. JPMorgan Chase & Co. dropped their target price on shares of SEA from $168.00 to $163.00 and set an “overweight” rating for the company in a research report on Thursday, May 14th. Finally, Morgan Stanley restated an “overweight” rating and issued a $153.00 price target on shares of SEA in a research report on Thursday, August 13th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $149.11.

View Our Latest Stock Analysis on SE

About SEA

(Get Free Report)

Sea Limited (NYSE: SE) is a Singapore-based consumer internet company that operates a trio of interconnected businesses across digital entertainment, e-commerce and digital financial services. Founded in 2009 as Garena and later rebranded as Sea, the company is headquartered in Singapore and listed on the New York Stock Exchange. Sea positions itself as a technology platform focused on enabling online consumers, merchants and developers primarily across Southeast Asia and adjacent markets.

Sea’s digital entertainment arm, Garena, is a game developer and publisher that also organizes esports initiatives and operates online gaming platforms.

Further Reading

Insider Buying and Selling by Quarter for SEA (NYSE:SE)

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