Sea Limited Sponsored ADR (NYSE:SE – Get Free Report) insider Yanjun Wang sold 1,000 shares of the firm’s stock in a transaction on Monday, October 5th. The shares were sold at an average price of $97.27, for a total value of $97,270.00. Following the completion of the transaction, the insider owned 86,780 shares of the company’s stock, valued at approximately $8,441,090.60. This represents a 1.14% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.
Yanjun Wang also recently made the following trade(s):
- On Friday, October 2nd, Yanjun Wang sold 1,000 shares of SEA stock. The stock was sold at an average price of $95.15, for a total value of $95,150.00.
- On Wednesday, September 30th, Yanjun Wang sold 1,000 shares of SEA stock. The stock was sold at an average price of $97.67, for a total transaction of $97,670.00.
- On Monday, September 28th, Yanjun Wang sold 1,000 shares of SEA stock. The shares were sold at an average price of $98.65, for a total value of $98,650.00.
- On Friday, September 25th, Yanjun Wang sold 1,200 shares of SEA stock. The stock was sold at an average price of $100.04, for a total value of $120,048.00.
- On Wednesday, September 23rd, Yanjun Wang sold 1,200 shares of SEA stock. The stock was sold at an average price of $102.76, for a total value of $123,312.00.
- On Monday, September 21st, Yanjun Wang sold 1,200 shares of SEA stock. The shares were sold at an average price of $102.00, for a total value of $122,400.00.
- 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 value 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 transaction of $129,588.00.
SEA Price Performance
NYSE:SE opened at $92.83 on Friday. The firm has a market cap of $56.72 billion, a price-to-earnings ratio of 35.84, a price-to-earnings-growth ratio of 0.96 and a beta of 1.54. The company has a current ratio of 1.49, a quick ratio of 1.48 and a debt-to-equity ratio of 0.07. The company’s 50-day moving average is $109.60 and its two-hundred day moving average is $97.94. Sea Limited Sponsored ADR has a 12-month low of $77.05 and a 12-month high of $191.39.
Analyst Upgrades and Downgrades
Several research analysts recently weighed in on the company. Barclays increased their target price on SEA from $122.00 to $156.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 12th. Sanford C. Bernstein restated an “outperform” rating on shares of SEA in a research note on Monday, July 20th. Weiss Ratings upgraded SEA from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, August 12th. Arete Research set a $152.00 price objective on SEA and gave the company a “buy” rating in a research note on Monday, September 7th. Finally, Royal Bank Of Canada upgraded SEA from a “sector perform” rating to a “buy” rating in a report on Tuesday, September 8th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $149.40.
Read Our Latest Analysis on SEA
Institutional Inflows and Outflows
Hedge funds have recently added to or reduced their stakes in the stock. Grove Bank & Trust lifted its stake in shares of SEA by 53.9% during the third quarter. Grove Bank & Trust now owns 614 shares of the Internet company based in Singapore’s stock worth $60,000 after purchasing an additional 215 shares in the last quarter. Cornerstone Planning Group LLC raised its stake 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 valued at $70,000 after purchasing an additional 174 shares during the period. Independence Bank of Kentucky lifted 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 worth $123,000 after purchasing an additional 1,100 shares in the last quarter. Osbon Capital Management LLC purchased a new position in shares of SEA in the fourth quarter valued at $175,000. Finally, HB Wealth Management LLC purchased a new position in shares of SEA in the second quarter valued at $203,000. 59.53% of the stock is owned by hedge funds and other institutional investors.
About SEA
Sea Limited is a Singapore-based technology company that operates digital consumer businesses across Southeast Asia, Taiwan and selected markets in Latin America and other regions. Founded in 2009, the company was formerly known as Garena Interactive Holding Limited and changed its name to Sea Limited in 2017 before completing its initial public offering on the New York Stock Exchange that year.
Sea’s principal businesses include Garena, a digital entertainment platform that publishes and develops online games and provides related digital content and services.
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