Yanjun Wang Sells 1,200 Shares of SEA (NYSE:SE) Stock

Sea Limited Sponsored ADR (NYSE:SEGet Free Report) insider Yanjun Wang sold 1,200 shares of the business’s stock in a transaction dated Thursday, September 17th. The stock was sold at an average price of $101.55, for a total value of $121,860.00. Following the completion of the sale, the insider owned 780 shares in the company, valued at $79,209. This represents a 60.61% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.

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

  • On Tuesday, September 15th, Yanjun Wang sold 1,200 shares of SEA stock. The shares were sold at an average price of $103.84, for a total value of $124,608.00.
  • On Monday, September 14th, Yanjun Wang sold 1,500 shares of SEA stock. The stock was sold at an average price of $108.32, for a total value of $162,480.00.
  • On Thursday, September 10th, Yanjun Wang sold 1,200 shares of SEA stock. The stock was sold at an average price of $107.99, for a total value of $129,588.00.
  • On Wednesday, September 9th, Yanjun Wang sold 1,320 shares of SEA stock. The stock was sold at an average price of $108.88, for a total value of $143,721.60.
  • On Tuesday, September 8th, Yanjun Wang sold 1,500 shares of SEA stock. The shares were sold at an average price of $112.75, for a total value of $169,125.00.
  • On Friday, September 4th, Yanjun Wang sold 1,500 shares of SEA stock. The shares were sold at an average price of $113.29, for a total transaction of $169,935.00.
  • On Wednesday, September 2nd, Yanjun Wang sold 1,500 shares of SEA stock. The stock was sold at an average price of $112.48, for a total transaction of $168,720.00.
  • On Monday, August 31st, Yanjun Wang sold 1,500 shares of SEA stock. The stock was sold at an average price of $114.07, for a total transaction 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 transaction 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.

SEA Price Performance

SE stock opened at $103.71 on Wednesday. Sea Limited Sponsored ADR has a 52 week low of $77.05 and a 52 week high of $193.48. The firm has a market capitalization of $63.37 billion, a P/E ratio of 40.04, a price-to-earnings-growth ratio of 1.03 and a beta of 1.51. The company has a fifty day simple moving average of $111.51 and a two-hundred day simple moving average of $97.07. The company has a quick ratio of 1.48, a current ratio of 1.49 and a debt-to-equity ratio of 0.07.

SEA (NYSE:SEGet Free Report) last posted its earnings results on Tuesday, August 11th. The Internet company based in Singapore reported $0.70 earnings per share for the quarter, missing analysts’ consensus estimates of $0.86 by ($0.16). The business had revenue of $7.79 billion during 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 business’s quarterly revenue was up 48.3% on a year-over-year basis. During the same quarter last year, the firm earned $0.65 earnings per share. Analysts anticipate that Sea Limited Sponsored ADR will post 2.91 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several brokerages have weighed in on SE. TD Cowen reissued a “hold” rating on shares of SEA in a research note on Monday, August 17th. Arete Research set a $152.00 target price on SEA and gave the stock a “buy” rating in a report on Monday, September 7th. Morgan Stanley reiterated an “overweight” rating and issued a $153.00 target price on shares of SEA in a report on Thursday, August 13th. Sanford C. Bernstein reissued an “outperform” rating on shares of SEA in a research report on Monday, July 20th. Finally, Benchmark increased their price target on SEA from $140.00 to $175.00 and gave the company a “buy” rating in a report on Wednesday, August 12th. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $149.40.

Get Our Latest Stock Analysis on SE

Institutional Investors Weigh In On SEA

Hedge funds and other institutional investors have recently modified their holdings of the business. Carrhae Capital LLP bought a new stake in shares of SEA during the 2nd quarter worth approximately $140,501,000. SG Americas Securities LLC increased its stake in SEA by 5.7% in the first quarter. SG Americas Securities LLC now owns 1,642,304 shares of the Internet company based in Singapore’s stock worth $135,999,000 after purchasing an additional 88,431 shares during the period. Charles Lim Capital Ltd increased its stake in SEA by 172.7% in the fourth quarter. Charles Lim Capital Ltd now owns 750,000 shares of the Internet company based in Singapore’s stock worth $95,678,000 after purchasing an additional 475,000 shares during the period. Baird Financial Group Inc. lifted its position in shares of SEA by 6.2% during the second quarter. Baird Financial Group Inc. now owns 879,107 shares of the Internet company based in Singapore’s stock worth $84,245,000 after purchasing an additional 50,965 shares during the last quarter. Finally, Carmignac Gestion lifted its position in shares of SEA by 2.2% during the second quarter. Carmignac Gestion now owns 651,818 shares of the Internet company based in Singapore’s stock worth $62,349,000 after purchasing an additional 14,242 shares during the last quarter. 59.53% of the stock is currently owned by hedge funds and other institutional investors.

About SEA

(Get Free Report)

Sea Limited (NYSE: SE) is a Singapore-based global consumer internet company that develops and operates digital services across entertainment, e-commerce and financial technology. Founded in 2009 as Garena, the company adopted the Sea name in 2017 as it expanded beyond online gaming.

Garena, Sea’s digital entertainment business, publishes and develops online games, including the widely distributed mobile battle royale title Free Fire. Garena also provides an online platform for game-related content and community activities.

Shopee operates an e-commerce marketplace that connects consumers, sellers and brands.

Featured Stories

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

Receive News & Ratings for SEA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SEA and related companies with MarketBeat.com's FREE daily email newsletter.