Sea Limited Sponsored ADR (NYSE:SE – Get Free Report) insider Yanjun Wang sold 1,000 shares of the stock in a transaction dated Wednesday, October 14th. The stock was sold at an average price of $95.49, for a total value of $95,490.00. Following the sale, the insider directly owned 79,780 shares in the company, valued at $7,618,192.20. This represents a 1.24% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.
Yanjun Wang also recently made the following trade(s):
- On Monday, October 12th, Yanjun Wang sold 1,000 shares of SEA stock. The shares were sold at an average price of $95.87, for a total value of $95,870.00.
- On Friday, October 9th, Yanjun Wang sold 1,000 shares of SEA stock. The shares were sold at an average price of $95.37, for a total value of $95,370.00.
- On Wednesday, October 7th, Yanjun Wang sold 1,000 shares of SEA stock. The stock was sold at an average price of $94.91, for a total value of $94,910.00.
- On Monday, October 5th, Yanjun Wang sold 1,000 shares of SEA stock. The stock was sold at an average price of $97.27, for a total value of $97,270.00.
- On Friday, October 2nd, Yanjun Wang sold 1,000 shares of SEA stock. The stock was sold at an average price of $95.15, for a total value of $95,150.00.
- On Wednesday, September 30th, Yanjun Wang sold 1,000 shares of SEA stock. The stock was sold at an average price of $97.67, for a total value of $97,670.00.
- On Monday, September 28th, Yanjun Wang sold 1,000 shares of SEA stock. The shares were sold at an average price of $98.65, for a total value of $98,650.00.
- On Friday, September 25th, Yanjun Wang sold 1,200 shares of SEA stock. The shares were sold at an average price of $100.04, for a total value of $120,048.00.
- On Wednesday, September 23rd, Yanjun Wang sold 1,200 shares of SEA stock. The shares were sold at an average price of $102.76, for a total value of $123,312.00.
- On Monday, September 21st, Yanjun Wang sold 1,200 shares of SEA stock. The shares were sold at an average price of $102.00, for a total value of $122,400.00.
SEA Trading Down 0.6%
SEA stock opened at $95.40 on Thursday. The company has a current ratio of 1.49, a quick ratio of 1.48 and a debt-to-equity ratio of 0.07. Sea Limited Sponsored ADR has a 12 month low of $77.05 and a 12 month high of $184.96. The stock’s 50 day simple moving average is $108.37 and its two-hundred day simple moving average is $98.38. The firm has a market cap of $58.29 billion, a PE ratio of 36.83, a P/E/G ratio of 0.98 and a beta of 1.54.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Capstone Capital Management Ltd purchased a new stake in SEA in the 1st quarter worth $1,612,000. Whetstone Capital Advisors LLC purchased a new position in SEA during the second quarter valued at $8,191,000. Corient Private Wealth LP lifted its holdings in SEA by 61.4% during the second quarter. Corient Private Wealth LP now owns 26,534 shares of the Internet company based in Singapore’s stock valued at $2,543,000 after purchasing an additional 10,099 shares in the last quarter. Handelsbanken Fonder AB lifted its holdings in SEA by 18.8% during the second quarter. Handelsbanken Fonder AB now owns 167,648 shares of the Internet company based in Singapore’s stock valued at $16,066,000 after purchasing an additional 26,498 shares in the last quarter. Finally, Equitable Trust Co. lifted its holdings in SEA by 30.9% during the first quarter. Equitable Trust Co. now owns 187,558 shares of the Internet company based in Singapore’s stock valued at $15,532,000 after purchasing an additional 44,252 shares in the last quarter. Hedge funds and other institutional investors own 59.53% of the company’s stock.
Analyst Upgrades and Downgrades
Several analysts recently commented on the stock. Arete Research set a $152.00 price target on shares of SEA and gave the company a “buy” rating in a research report on Monday, September 7th. Morgan Stanley reiterated an “overweight” rating and issued a $153.00 price objective on shares of SEA in a research report on Thursday, August 13th. Zacks Research upgraded shares of SEA from a “strong sell” rating to a “hold” rating in a research report on Monday. Sanford C. Bernstein reissued an “outperform” rating on shares of SEA in a research note on Monday, July 20th. Finally, Weiss Ratings raised shares of SEA from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, August 12th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, SEA currently has an average rating of “Moderate Buy” and a consensus price target of $149.40.
Get Our Latest Research Report on SE
SEA Company Profile
Sea Limited is a Singapore-based technology company that operates digital consumer businesses across Southeast Asia, Taiwan and selected markets in Latin America and other regions. Founded in 2009, the company was formerly known as Garena Interactive Holding Limited and changed its name to Sea Limited in 2017 before completing its initial public offering on the New York Stock Exchange that year.
Sea’s principal businesses include Garena, a digital entertainment platform that publishes and develops online games and provides related digital content and services.
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