Sea Limited Sponsored ADR (NYSE:SE – Get Free Report) insider Yanjun Wang sold 800 shares of SEA stock in a transaction that occurred on Tuesday, October 20th. The shares were sold at an average price of $81.61, for a total value of $65,288.00. Following the sale, the insider directly owned 75,180 shares in the company, valued at approximately $6,135,439.80. The trade was a 1.05% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.
Yanjun Wang also recently made the following trade(s):
- On Thursday, October 22nd, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $76.33, for a total value of $61,064.00.
- On Monday, October 19th, Yanjun Wang sold 1,000 shares of SEA stock. The stock was sold at an average price of $90.37, for a total value of $90,370.00.
- On Friday, October 16th, Yanjun Wang sold 1,000 shares of SEA stock. The stock was sold at an average price of $95.43, for a total value of $95,430.00.
- On Wednesday, October 14th, Yanjun Wang sold 1,000 shares of SEA stock. The shares were sold at an average price of $95.49, for a total value of $95,490.00.
- 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 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.
SEA Stock Performance
Shares of SEA stock opened at $74.47 on Friday. Sea Limited Sponsored ADR has a 12 month low of $74.12 and a 12 month high of $164.03. The firm has a market capitalization of $45.50 billion, a P/E ratio of 28.75, a P/E/G ratio of 0.77 and a beta of 1.54. 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 business has a fifty day simple moving average of $103.26 and a two-hundred day simple moving average of $98.41.
SEA (NYSE:SE – Get Free Report) last issued its quarterly earnings results on Tuesday, August 11th. The Internet company based in Singapore reported $0.70 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.86 by ($0.16). SEA had a return on equity of 13.54% and a net margin of 5.98%. The business had revenue of $7.79 billion during the quarter, compared to the consensus estimate of $7.12 billion. During the same quarter in the previous year, the business earned $0.65 earnings per share. The firm’s revenue was up 48.3% compared to the same quarter last year. On average, equities analysts forecast that Sea Limited Sponsored ADR will post 2.91 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
Several large investors have recently bought and sold shares of SE. Carrhae Capital LLP purchased a new stake in shares of SEA during the second quarter valued at $140,501,000. Baird Financial Group Inc. increased its holdings in SEA by 6.2% in the 2nd quarter. Baird Financial Group Inc. now owns 879,107 shares of the Internet company based in Singapore’s stock worth $84,245,000 after buying an additional 50,965 shares in the last quarter. Carmignac Gestion increased its holdings in SEA by 2.2% in the 2nd quarter. Carmignac Gestion now owns 651,818 shares of the Internet company based in Singapore’s stock worth $62,349,000 after buying an additional 14,242 shares in the last quarter. National Pension Service raised its position in SEA by 10.0% in the 2nd quarter. National Pension Service now owns 605,437 shares of the Internet company based in Singapore’s stock worth $58,019,000 after buying an additional 54,819 shares during the last quarter. Finally, Assenagon Asset Management S.A. raised its position in SEA by 80.6% in the 3rd quarter. Assenagon Asset Management S.A. now owns 563,692 shares of the Internet company based in Singapore’s stock worth $54,881,000 after buying an additional 251,517 shares during the last quarter. 59.53% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
SE has been the subject of a number of analyst reports. Morgan Stanley reaffirmed an “overweight” rating and set a $153.00 target price on shares of SEA in a research note on Thursday, August 13th. Barclays boosted their price target on SEA from $122.00 to $156.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 12th. Zacks Research upgraded SEA from a “strong sell” rating to a “hold” rating in a research note on Monday, October 12th. Arete Research set a $152.00 price target on SEA and gave the stock a “buy” rating in a research note on Monday, September 7th. Finally, TD Cowen reaffirmed a “hold” rating on shares of SEA in a research report on Monday, August 17th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, SEA currently has a consensus rating of “Moderate Buy” and a consensus price target of $149.40.
Get Our Latest Analysis on SEA
About SEA
Sea Limited is a Singapore-based global technology company founded in 2009. Formerly known as Garena, the company operates digital businesses serving consumers and merchants primarily in Southeast Asia, Taiwan and selected markets in Latin America and other regions.
Through Shopee, Sea’s e-commerce platform, the company provides online marketplaces that connect buyers and sellers and offer supporting services such as payments, logistics and merchant tools. Garena, its digital entertainment business, develops and publishes online games and distributes third-party titles, while also operating digital entertainment platforms and services.
SeaMoney is the company’s digital financial services division.
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