Sea Limited Sponsored ADR (NYSE:SE – Get Free Report) insider Yanjun Wang sold 800 shares of the firm’s stock in a transaction on Monday, October 26th. The shares were sold at an average price of $73.77, for a total transaction of $59,016.00. Following the sale, the insider owned 72,780 shares in the company, valued at approximately $5,368,980.60. This represents a 1.09% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.
Yanjun Wang also recently made the following trade(s):
- On Thursday, October 22nd, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $76.33, for a total value of $61,064.00.
- On Tuesday, October 20th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $81.61, for a total value of $65,288.00.
- On Monday, October 19th, Yanjun Wang sold 1,000 shares of SEA stock. The shares were sold at an average price of $90.37, for a total transaction of $90,370.00.
- On Friday, October 16th, Yanjun Wang sold 1,000 shares of SEA stock. The shares were sold at an average price of $95.43, for a total transaction of $95,430.00.
- On Wednesday, October 14th, Yanjun Wang sold 1,000 shares of SEA stock. The stock was sold at an average price of $95.49, for a total value of $95,490.00.
- On Monday, October 12th, Yanjun Wang sold 1,000 shares of SEA stock. The stock was sold at an average price of $95.87, for a total value of $95,870.00.
- On Friday, October 9th, Yanjun Wang sold 1,000 shares of SEA stock. The stock was sold at an average price of $95.37, for a total transaction of $95,370.00.
- On Wednesday, October 7th, Yanjun Wang sold 1,000 shares of SEA stock. The shares were sold at an average price of $94.91, for a total transaction of $94,910.00.
- On Monday, October 5th, Yanjun Wang sold 1,000 shares of SEA stock. The shares were sold at an average price of $97.27, for a total value of $97,270.00.
- On Friday, October 2nd, Yanjun Wang sold 1,000 shares of SEA stock. The shares were sold at an average price of $95.15, for a total value of $95,150.00.
SEA Price Performance
Shares of SE opened at $74.81 on Wednesday. The firm has a 50-day moving average price of $101.61 and a 200 day moving average price of $99.88. Sea Limited Sponsored ADR has a 12-month low of $71.53 and a 12-month high of $164.03.
SEA (NYSE:SE – Get Free Report) last announced its quarterly earnings results on Tuesday, August 11th. The Internet company based in Singapore reported $0.70 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.86 by ($0.16). The firm had revenue of $7.79 billion for the quarter, compared to analyst estimates of $7.12 billion. SEA’s revenue was up 48.3% on a year-over-year basis. During the same period in the prior year, the company earned $0.65 EPS. On average, sell-side analysts anticipate that Sea Limited Sponsored ADR will post 2.91 earnings per share for the current year.
Institutional Trading of SEA
Institutional investors have recently added to or reduced their stakes in the stock. Pinnacle Wealth Planning Services Inc. boosted its stake in shares of SEA by 26.9% during the 3rd quarter. Pinnacle Wealth Planning Services Inc. now owns 8,561 shares of the Internet company based in Singapore’s stock worth $833,000 after acquiring an additional 1,817 shares in the last quarter. Park Avenue Securities LLC raised its stake in SEA by 4.0% in the 3rd quarter. Park Avenue Securities LLC now owns 17,529 shares of the Internet company based in Singapore’s stock valued at $1,707,000 after purchasing an additional 672 shares during the last quarter. Davidson Kahn Capital Management LLC raised its position in shares of SEA by 21.1% in the third quarter. Davidson Kahn Capital Management LLC now owns 3,713 shares of the Internet company based in Singapore’s stock valued at $361,000 after buying an additional 646 shares during the last quarter. Signaturefd LLC lifted its stake in shares of SEA by 10.3% during the 3rd quarter. Signaturefd LLC now owns 10,279 shares of the Internet company based in Singapore’s stock worth $1,001,000 after purchasing an additional 956 shares during the period. Finally, Gibbs Wealth Management boosted its stake in SEA by 5.4% in the 3rd quarter. Gibbs Wealth Management now owns 3,817 shares of the Internet company based in Singapore’s stock worth $372,000 after buying an additional 194 shares during the last quarter. Hedge funds and other institutional investors own 59.53% of the company’s stock.
Analyst Upgrades and Downgrades
A number of equities research analysts have recently weighed in on SE shares. Benchmark lifted their price objective on SEA from $140.00 to $175.00 and gave the company a “buy” rating in a research note on Wednesday, August 12th. Barclays raised their price objective on shares of SEA from $122.00 to $156.00 and gave the company an “overweight” rating in a report on Wednesday, August 12th. Arete Research set a $152.00 target price on SEA and gave the stock a “buy” rating in a research note on Monday, September 7th. Weiss Ratings upgraded shares of SEA from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, August 12th. Finally, TD Cowen restated a “hold” rating on shares of SEA in a research report on Monday, August 17th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $142.18.
View Our Latest Research Report on SEA
About SEA
Sea Limited is a Singapore-based global technology company founded in 2009. Formerly known as Garena, the company operates digital businesses serving consumers and merchants primarily in Southeast Asia, Taiwan and selected markets in Latin America and other regions.
Through Shopee, Sea’s e-commerce platform, the company provides online marketplaces that connect buyers and sellers and offer supporting services such as payments, logistics and merchant tools. Garena, its digital entertainment business, develops and publishes online games and distributes third-party titles, while also operating digital entertainment platforms and services.
SeaMoney is the company’s digital financial services division.
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