Sea Limited Sponsored ADR (NYSE:SE – Get Free Report) insider Yanjun Wang sold 800 shares of the company’s stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $83.74, for a total value of $66,992.00. Following the completion of the transaction, the insider owned 18,000 shares in the company, valued at approximately $1,507,320. The trade was a 4.26% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.
Yanjun Wang also recently made the following trade(s):
- On Friday, May 8th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $86.79, for a total value of $69,432.00.
- On Wednesday, May 6th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $88.38, for a total value of $70,704.00.
- On Monday, May 4th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $85.75, for a total value of $68,600.00.
- On Friday, May 1st, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $86.13, for a total value of $68,904.00.
- On Wednesday, April 29th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $83.31, for a total value of $66,648.00.
- On Monday, April 27th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $85.92, for a total value of $68,736.00.
- On Friday, April 24th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $84.58, for a total value of $67,664.00.
- On Wednesday, April 22nd, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $86.01, for a total value of $68,808.00.
- On Monday, April 20th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $89.57, for a total value of $71,656.00.
- On Friday, April 17th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $92.07, for a total value of $73,656.00.
SEA Trading Down 1.9%
NYSE:SE opened at $85.07 on Tuesday. The company has a market cap of $51.98 billion, a P/E ratio of 33.76, a P/E/G ratio of 0.89 and a beta of 1.57. The stock’s fifty day moving average price is $86.21 and its two-hundred day moving average price is $114.63. Sea Limited Sponsored ADR has a 1 year low of $77.05 and a 1 year high of $199.30. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.58 and a quick ratio of 1.57.
Wall Street Analyst Weigh In
SE has been the topic of several recent research reports. Barclays dropped their target price on SEA from $226.00 to $120.00 and set an “overweight” rating on the stock in a research report on Thursday, March 5th. Bank of America reaffirmed a “buy” rating and issued a $125.00 price target on shares of SEA in a report on Monday, March 9th. Jefferies Financial Group reaffirmed a “buy” rating and issued a $150.00 price target on shares of SEA in a report on Tuesday, March 3rd. JPMorgan Chase & Co. decreased their price target on shares of SEA from $170.00 to $168.00 and set an “overweight” rating on the stock in a report on Monday, April 20th. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of SEA in a report on Friday, March 27th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, SEA currently has an average rating of “Moderate Buy” and a consensus target price of $161.66.
Get Our Latest Stock Report on SE
Institutional Inflows and Outflows
Several institutional investors have recently made changes to their positions in SE. Rothschild Investment LLC increased its holdings in shares of SEA by 114.0% in the third quarter. Rothschild Investment LLC now owns 199 shares of the Internet company based in Singapore’s stock worth $36,000 after purchasing an additional 106 shares during the period. Zions Bancorporation National Association UT increased its holdings in shares of SEA by 539.6% in the fourth quarter. Zions Bancorporation National Association UT now owns 307 shares of the Internet company based in Singapore’s stock worth $39,000 after purchasing an additional 259 shares during the period. Holos Integrated Wealth LLC bought a new position in shares of SEA in the fourth quarter worth $44,000. Cornerstone Planning Group LLC increased its stake in SEA by 26.5% in the first quarter. Cornerstone Planning Group LLC now owns 831 shares of the Internet company based in Singapore’s stock valued at $70,000 after acquiring an additional 174 shares during the last quarter. Finally, Cullen Frost Bankers Inc. increased its stake in SEA by 41.9% in the third quarter. Cullen Frost Bankers Inc. now owns 559 shares of the Internet company based in Singapore’s stock valued at $100,000 after acquiring an additional 165 shares during the last quarter. Institutional investors own 59.53% of the company’s stock.
About SEA
Sea Limited (NYSE: SE) is a Singapore-based consumer internet company that operates a trio of interconnected businesses across digital entertainment, e-commerce and digital financial services. Founded in 2009 as Garena and later rebranded as Sea, the company is headquartered in Singapore and listed on the New York Stock Exchange. Sea positions itself as a technology platform focused on enabling online consumers, merchants and developers primarily across Southeast Asia and adjacent markets.
Sea’s digital entertainment arm, Garena, is a game developer and publisher that also organizes esports initiatives and operates online gaming platforms.
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