Sea Limited Sponsored ADR (NYSE:SE – Get Free Report) insider Yanjun Wang sold 1,200 shares of the company’s stock in a transaction that occurred on Monday, September 21st. The stock was sold at an average price of $102.00, for a total transaction of $122,400.00. Following the transaction, the insider directly owned 97,580 shares of the company’s stock, valued at $9,953,160. This trade represents a 1.21% decrease in their position. The sale 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 Thursday, September 17th, Yanjun Wang sold 1,200 shares of SEA stock. The shares were sold at an average price of $101.55, for a total transaction of $121,860.00.
- On Tuesday, September 15th, Yanjun Wang sold 1,200 shares of SEA stock. The stock was sold at an average price of $103.84, for a total value of $124,608.00.
- On Monday, September 14th, Yanjun Wang sold 1,500 shares of SEA stock. The stock was sold at an average price of $108.32, for a total value of $162,480.00.
- On Thursday, September 10th, Yanjun Wang sold 1,200 shares of SEA stock. The shares were sold at an average price of $107.99, for a total value of $129,588.00.
- On Wednesday, September 9th, Yanjun Wang sold 1,320 shares of SEA stock. The shares were sold at an average price of $108.88, for a total transaction of $143,721.60.
- On Tuesday, September 8th, Yanjun Wang sold 1,500 shares of SEA stock. The stock was sold at an average price of $112.75, for a total transaction of $169,125.00.
- On Friday, September 4th, Yanjun Wang sold 1,500 shares of SEA stock. The shares were sold at an average price of $113.29, for a total transaction of $169,935.00.
- On Wednesday, September 2nd, Yanjun Wang sold 1,500 shares of SEA stock. The stock was sold at an average price of $112.48, for a total transaction of $168,720.00.
- On Monday, August 31st, Yanjun Wang sold 1,500 shares of SEA stock. The shares were sold at an average price of $114.07, for a total value of $171,105.00.
- On Friday, August 28th, Yanjun Wang sold 1,500 shares of SEA stock. The stock was sold at an average price of $119.58, for a total value of $179,370.00.
SEA Price Performance
SE stock opened at $103.71 on Wednesday. The firm has a market cap of $63.37 billion, a P/E ratio of 40.04, a price-to-earnings-growth ratio of 1.03 and a beta of 1.51. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.48 and a current ratio of 1.49. Sea Limited Sponsored ADR has a 1 year low of $77.05 and a 1 year high of $193.48. The stock has a 50-day simple moving average of $111.51 and a 200-day simple moving average of $97.07.
Analysts Set New Price Targets
Several brokerages have recently weighed in on SE. Weiss Ratings upgraded SEA from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, August 12th. Barclays increased their price target on SEA from $122.00 to $156.00 and gave the company an “overweight” rating in a report on Wednesday, August 12th. Royal Bank Of Canada upgraded SEA from a “sector perform” rating to a “buy” rating in a report on Tuesday, September 8th. TD Cowen reiterated a “hold” rating on shares of SEA in a research note on Monday, August 17th. Finally, Sanford C. Bernstein reissued an “outperform” rating on shares of SEA in a research report on Monday, July 20th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $149.40.
Get Our Latest Research Report on SE
Institutional Investors Weigh In On SEA
A number of institutional investors have recently modified their holdings of SE. SG Americas Securities LLC grew its holdings in shares of SEA by 5.7% during the first quarter. SG Americas Securities LLC now owns 1,642,304 shares of the Internet company based in Singapore’s stock valued at $135,999,000 after purchasing an additional 88,431 shares during the last quarter. Carrhae Capital LLP bought a new stake in shares of SEA in the 2nd quarter worth approximately $140,501,000. Baird Financial Group Inc. lifted its holdings in shares of 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 purchasing an additional 50,965 shares during the last quarter. Charles Lim Capital Ltd boosted its position in SEA by 172.7% during the 4th quarter. Charles Lim Capital Ltd now owns 750,000 shares of the Internet company based in Singapore’s stock valued at $95,678,000 after purchasing an additional 475,000 shares during the period. Finally, Carmignac Gestion boosted its position in SEA by 2.2% during the 2nd 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 during the period. Institutional investors own 59.53% of the company’s stock.
SEA Company Profile
Sea Limited (NYSE: SE) is a Singapore-based global consumer internet company that develops and operates digital services across entertainment, e-commerce and financial technology. Founded in 2009 as Garena, the company adopted the Sea name in 2017 as it expanded beyond online gaming.
Garena, Sea’s digital entertainment business, publishes and develops online games, including the widely distributed mobile battle royale title Free Fire. Garena also provides an online platform for game-related content and community activities.
Shopee operates an e-commerce marketplace that connects consumers, sellers and brands.
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