Sea Limited Sponsored ADR (NYSE:SE – Get Free Report) insider Yanjun Wang sold 800 shares of the company’s stock in a transaction on Monday, June 1st. The shares were sold at an average price of $96.11, for a total transaction of $76,888.00. Following the completion of the transaction, the insider owned 6,000 shares of the company’s stock, valued at $576,660. This trade represents a 11.76% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link.
Yanjun Wang also recently made the following trade(s):
- On Wednesday, June 3rd, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $90.53, for a total transaction of $72,424.00.
- On Thursday, May 28th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $91.98, for a total transaction of $73,584.00.
- On Tuesday, May 26th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $89.45, for a total transaction of $71,560.00.
- On Friday, May 22nd, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $87.87, for a total transaction of $70,296.00.
- On Wednesday, May 20th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $86.34, for a total transaction of $69,072.00.
- On Monday, May 18th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $88.06, for a total transaction of $70,448.00.
- On Friday, May 15th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $88.58, for a total transaction of $70,864.00.
- On Wednesday, May 13th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $94.63, for a total transaction of $75,704.00.
- On Monday, May 11th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $83.74, for a total transaction of $66,992.00.
- 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 transaction of $69,432.00.
SEA Price Performance
Shares of SE stock opened at $92.04 on Friday. The firm has a market cap of $56.24 billion, a P/E ratio of 36.24, a P/E/G ratio of 0.93 and a beta of 1.57. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.58 and a quick ratio of 1.56. Sea Limited Sponsored ADR has a 1-year low of $77.05 and a 1-year high of $199.30. The firm has a fifty day moving average of $86.89 and a two-hundred day moving average of $106.69.
Analyst Ratings Changes
A number of research analysts have recently issued reports on SE shares. JPMorgan Chase & Co. reduced their price target on shares of SEA from $168.00 to $163.00 and set an “overweight” rating on the stock in a research report on Thursday, May 14th. Zacks Research upgraded shares of SEA from a “strong sell” rating to a “hold” rating in a research report on Monday. Weiss Ratings restated a “hold (c-)” rating on shares of SEA in a research report on Friday, March 27th. TD Cowen raised their price target on shares of SEA from $100.00 to $108.00 and gave the stock a “hold” rating in a research report on Wednesday, May 13th. Finally, Sanford C. Bernstein reduced their price target on shares of SEA from $170.00 to $150.00 and set an “outperform” rating on the stock in a research report on Wednesday, March 4th. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, SEA has a consensus rating of “Moderate Buy” and a consensus price target of $155.54.
Read Our Latest Stock Analysis on SEA
Institutional Trading of SEA
Hedge funds have recently bought and sold shares of the company. Andra AP fonden lifted its position in SEA by 7.0% in the 3rd quarter. Andra AP fonden now owns 144,300 shares of the Internet company based in Singapore’s stock valued at $25,791,000 after purchasing an additional 9,400 shares during the last quarter. Fred Alger Management LLC lifted its position in SEA by 22.1% in the 3rd quarter. Fred Alger Management LLC now owns 2,886,441 shares of the Internet company based in Singapore’s stock valued at $515,894,000 after purchasing an additional 521,782 shares during the last quarter. OVERSEA CHINESE BANKING Corp Ltd lifted its position in SEA by 24.4% in the 4th quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 1,791,660 shares of the Internet company based in Singapore’s stock valued at $228,549,000 after purchasing an additional 350,840 shares during the last quarter. Rathbones Group PLC lifted its position in SEA by 78.6% in the 4th quarter. Rathbones Group PLC now owns 22,015 shares of the Internet company based in Singapore’s stock valued at $2,808,000 after purchasing an additional 9,688 shares during the last quarter. Finally, PFA Pension Forsikringsaktieselskab bought a new stake in SEA in the 4th quarter valued at about $26,282,000. 59.53% of the stock is currently owned by institutional investors.
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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