Sea Limited Sponsored ADR (NYSE:SE – Get Free Report) insider Yanjun Wang sold 1,500 shares of the business’s stock in a transaction dated Friday, August 21st. The shares were sold at an average price of $117.74, for a total value of $176,610.00. Following the sale, the insider directly owned 26,100 shares of the company’s stock, valued at approximately $3,073,014. This trade represents a 5.43% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.
Yanjun Wang also recently made the following trade(s):
- On Monday, August 24th, Yanjun Wang sold 1,500 shares of SEA stock. The shares were sold at an average price of $115.93, for a total transaction of $173,895.00.
- On Wednesday, August 19th, Yanjun Wang sold 1,500 shares of SEA stock. The stock was sold at an average price of $117.90, for a total transaction of $176,850.00.
- On Monday, August 17th, Yanjun Wang sold 1,500 shares of SEA stock. The shares were sold at an average price of $119.88, for a total transaction of $179,820.00.
- On Friday, August 14th, Yanjun Wang sold 1,500 shares of SEA stock. The stock was sold at an average price of $122.24, for a total value of $183,360.00.
- On Wednesday, August 12th, Yanjun Wang sold 1,500 shares of SEA stock. The stock was sold at an average price of $128.66, for a total value of $192,990.00.
- On Monday, August 10th, Yanjun Wang sold 1,500 shares of SEA stock. The stock was sold at an average price of $114.58, for a total value of $171,870.00.
- On Friday, August 7th, Yanjun Wang sold 1,500 shares of SEA stock. The stock was sold at an average price of $113.00, for a total transaction of $169,500.00.
- On Wednesday, August 5th, Yanjun Wang sold 1,500 shares of SEA stock. The stock was sold at an average price of $113.27, for a total transaction of $169,905.00.
- On Monday, August 3rd, Yanjun Wang sold 1,500 shares of SEA stock. The stock was sold at an average price of $109.81, for a total transaction of $164,715.00.
- On Thursday, July 30th, Yanjun Wang sold 1,200 shares of SEA stock. The shares were sold at an average price of $105.39, for a total transaction of $126,468.00.
SEA Stock Down 1.5%
SE opened at $115.71 on Tuesday. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.48 and a current ratio of 1.49. The business has a 50 day moving average price of $106.52 and a 200 day moving average price of $96.65. The firm has a market cap of $70.70 billion, a P/E ratio of 44.68, a price-to-earnings-growth ratio of 1.18 and a beta of 1.54. Sea Limited Sponsored ADR has a twelve month low of $77.05 and a twelve month high of $199.30.
Wall Street Analysts Forecast Growth
Several research firms have weighed in on SE. Jefferies Financial Group reiterated a “buy” rating on shares of SEA in a report on Tuesday, May 12th. Sanford C. Bernstein reissued an “outperform” rating on shares of SEA in a report on Monday, July 20th. TD Cowen reissued a “hold” rating on shares of SEA in a report on Monday, August 17th. Benchmark increased 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, JPMorgan Chase & Co. cut their price target on SEA from $168.00 to $163.00 and set an “overweight” rating on the stock in a report on Thursday, May 14th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, SEA presently has an average rating of “Moderate Buy” and an average target price of $151.90.
Check Out Our Latest Stock Report on SEA
Hedge Funds Weigh In On SEA
Several institutional investors and hedge funds have recently modified their holdings of SE. Zions Bancorporation National Association UT lifted its holdings in 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 valued at $39,000 after acquiring an additional 259 shares during the period. Cornerstone Planning Group LLC boosted its position in shares of SEA by 26.5% during the first quarter. Cornerstone Planning Group LLC now owns 831 shares of the Internet company based in Singapore’s stock worth $70,000 after acquiring an additional 174 shares during the last quarter. Independence Bank of Kentucky grew its position in shares of SEA by 611.1% during the second quarter. Independence Bank of Kentucky now owns 1,280 shares of the Internet company based in Singapore’s stock valued at $123,000 after purchasing an additional 1,100 shares in the last quarter. Cullen Frost Bankers Inc. raised its holdings in shares of SEA by 102.5% during the 4th quarter. Cullen Frost Bankers Inc. now owns 1,132 shares of the Internet company based in Singapore’s stock worth $144,000 after acquiring an additional 573 shares in the last quarter. Finally, Osbon Capital Management LLC purchased a new position in SEA in the fourth quarter worth about $175,000. 59.53% of the stock is currently owned by institutional investors.
SEA Company Profile
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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