Sea Limited Sponsored ADR (NYSE:SE – Get Free Report) insider Yanjun Wang sold 1,000 shares of the stock in a transaction on Friday, October 9th. The stock was sold at an average price of $95.37, for a total value of $95,370.00. Following the sale, the insider owned 82,780 shares of the company’s stock, valued at approximately $7,894,728.60. This represents a 1.19% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link.
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 Wednesday, October 7th, Yanjun Wang sold 1,000 shares of SEA stock. The shares were 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 stock was 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 stock was 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.
- On Thursday, September 17th, Yanjun Wang sold 1,200 shares of SEA stock. The shares were sold at an average price of $101.55, for a total value of $121,860.00.
SEA Trading Down 0.6%
Shares of NYSE SE opened at $95.40 on Thursday. The business has a 50 day simple moving average of $108.37 and a 200 day simple moving average of $98.38. Sea Limited Sponsored ADR has a 52 week low of $77.05 and a 52 week high of $184.96. The stock has a market cap of $58.29 billion, a price-to-earnings ratio of 36.83, a PEG ratio of 0.98 and a beta of 1.54. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.48 and a current ratio of 1.49.
Institutional Trading of SEA
Large investors have recently made changes to their positions in the stock. Capstone Capital Management Ltd acquired a new position in shares of SEA during the 1st quarter valued at about $1,612,000. Whetstone Capital Advisors LLC bought a new position in shares of SEA in the 2nd quarter valued at approximately $8,191,000. Corient Private Wealth LP raised its stake in shares of SEA by 61.4% in the 2nd 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 acquiring an additional 10,099 shares in the last quarter. Handelsbanken Fonder AB lifted its holdings in SEA by 18.8% in the 2nd quarter. Handelsbanken Fonder AB now owns 167,648 shares of the Internet company based in Singapore’s stock worth $16,066,000 after purchasing an additional 26,498 shares during the last quarter. Finally, Equitable Trust Co. lifted its holdings in SEA by 30.9% in the 1st quarter. Equitable Trust Co. now owns 187,558 shares of the Internet company based in Singapore’s stock worth $15,532,000 after purchasing an additional 44,252 shares during the last quarter. Institutional investors own 59.53% of the company’s stock.
Wall Street Analysts Forecast Growth
Several brokerages have recently commented on SE. Royal Bank Of Canada upgraded shares of SEA from a “sector perform” rating to a “buy” rating in a research note on Tuesday, September 8th. Benchmark raised their price target on shares of SEA from $140.00 to $175.00 and gave the company a “buy” rating in a report on Wednesday, August 12th. TD Cowen restated a “hold” rating on shares of SEA in a report on Monday, August 17th. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of SEA in a research note on Monday, July 20th. Finally, Zacks Research raised shares of SEA from a “strong sell” rating to a “hold” rating in a research note on Monday. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, SEA presently has a consensus rating of “Moderate Buy” and an average target price of $149.40.
Read Our Latest Analysis 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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