Sea Limited Sponsored ADR (NYSE:SE – Get Free Report) insider Yanjun Wang sold 800 shares of SEA stock in a transaction that occurred on Monday, November 2nd. The stock was sold at an average price of $76.79, for a total transaction of $61,432.00. Following the completion of the transaction, the insider owned 68,780 shares in the company, valued at approximately $5,281,616.20. This trade represents a 1.15% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.
Yanjun Wang also recently made the following trade(s):
- On Friday, October 30th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $74.58, for a total transaction of $59,664.00.
- On Wednesday, October 28th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $74.69, for a total transaction of $59,752.00.
- On Monday, October 26th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $73.77, for a total value of $59,016.00.
- 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 transaction of $61,064.00.
- On Tuesday, October 20th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $81.61, for a total value of $65,288.00.
- On Monday, October 19th, Yanjun Wang sold 1,000 shares of SEA stock. The shares were 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 shares were sold at an average price of $95.43, for a total transaction 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 transaction of $95,490.00.
- On Monday, October 12th, Yanjun Wang sold 1,000 shares of SEA stock. The stock was 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.
SEA Trading Up 1.4%
Shares of SEA stock opened at $76.57 on Wednesday. The firm has a market capitalization of $46.79 billion, a PE ratio of 29.56, a price-to-earnings-growth ratio of 0.78 and a beta of 1.58. The company’s fifty day moving average price is $97.44 and its two-hundred day moving average price is $98.50. Sea Limited Sponsored ADR has a 52-week low of $71.53 and a 52-week high of $159.80. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.49 and a quick ratio of 1.48.
SEA (NYSE:SE – Get 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). SEA had a return on equity of 13.54% and a net margin of 5.98%. The business had revenue of $7.79 billion for the quarter, compared to the consensus estimate of $7.12 billion. During the same quarter in the prior year, the business earned $0.65 EPS. The firm’s revenue for the quarter was up 48.3% on a year-over-year basis. On average, analysts expect that Sea Limited Sponsored ADR will post 2.88 EPS for the current year.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently modified their holdings of the company. Carrhae Capital LLP acquired a new stake in SEA in the 2nd quarter valued at approximately $140,501,000. Sumitomo Mitsui Trust Group Inc. grew its stake in shares of SEA by 4.4% during the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,241,023 shares of the Internet company based in Singapore’s stock worth $120,826,000 after acquiring an additional 52,660 shares in the last quarter. Baird Financial Group Inc. grew its position in SEA by 6.2% in the second quarter. Baird Financial Group Inc. now owns 879,107 shares of the Internet company based in Singapore’s stock valued at $84,245,000 after purchasing an additional 50,965 shares in the last quarter. Carmignac Gestion grew its position in SEA by 2.2% in the second quarter. Carmignac Gestion now owns 651,818 shares of the Internet company based in Singapore’s stock valued at $62,349,000 after purchasing an additional 14,242 shares in the last quarter. Finally, National Pension Service grew its position in SEA by 10.0% in the second quarter. National Pension Service now owns 605,437 shares of the Internet company based in Singapore’s stock valued at $58,019,000 after purchasing an additional 54,819 shares in the last quarter. 59.53% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
A number of equities analysts have commented on SE shares. Weiss Ratings raised SEA from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, August 12th. Royal Bank Of Canada upgraded shares of SEA from a “sector perform” rating to a “buy” rating in a research report on Tuesday, September 8th. Wall Street Zen downgraded shares of SEA from a “buy” rating to a “hold” rating in a research report on Sunday. Benchmark lifted their target price on SEA from $140.00 to $175.00 and gave the stock a “buy” rating in a report on Wednesday, August 12th. Finally, New Street Research cut SEA from a “buy” rating to a “neutral” rating and set a $70.00 target price for the company. in a research note on Monday, October 26th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $137.73.
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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