Sea Limited Sponsored ADR (NYSE:SE – Get Free Report) insider Yanjun Wang sold 800 shares of the stock in a transaction that occurred on Wednesday, November 4th. The shares were sold at an average price of $80.82, for a total value of $64,656.00. Following the transaction, the insider owned 67,180 shares of the company’s stock, valued at $5,429,487.60. This represents a 1.18% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link.
Yanjun Wang also recently made the following trade(s):
- On Monday, November 2nd, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $76.79, for a total transaction of $61,432.00.
- On Friday, October 30th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $74.58, for a total transaction of $59,664.00.
- On Wednesday, October 28th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $74.69, for a total transaction of $59,752.00.
- On Monday, October 26th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $73.77, for a total transaction of $59,016.00.
- 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 transaction 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 transaction 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 stock was 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 transaction 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 transaction of $95,870.00.
SEA Stock Performance
SEA stock opened at $75.43 on Friday. The company’s 50-day moving average price is $94.84 and its 200-day moving average price is $97.82. The company has a quick ratio of 1.48, a current ratio of 1.49 and a debt-to-equity ratio of 0.07. The company has a market cap of $46.09 billion, a PE ratio of 29.12, a price-to-earnings-growth ratio of 0.78 and a beta of 1.58. Sea Limited Sponsored ADR has a twelve month low of $71.53 and a twelve month high of $159.09.
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 EPS for the quarter, missing analysts’ consensus estimates of $0.86 by ($0.16). The business had revenue of $7.79 billion during the quarter, compared to the consensus estimate of $7.12 billion. SEA had a net margin of 5.98% and a return on equity of 13.54%. The firm’s revenue was up 48.3% on a year-over-year basis. During the same period in the previous year, the business posted $0.65 EPS. On average, equities research analysts forecast that Sea Limited Sponsored ADR will post 2.88 EPS for the current fiscal year.
Analysts Set New Price Targets
Several equities research analysts have recently issued reports on the company. Wall Street Zen lowered SEA from a “buy” rating to a “hold” rating in a research note on Sunday, November 1st. Arete Research upgraded SEA from a “neutral” rating to a “buy” rating and set a $152.00 target price for the company in a report on Monday, September 7th. Weiss Ratings raised SEA from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, August 12th. JPMorgan Chase & Co. decreased their price target on SEA from $173.00 to $149.00 and set an “overweight” rating on the stock in a report on Wednesday, October 28th. Finally, Benchmark raised their price target on SEA from $140.00 to $175.00 and gave the stock a “buy” rating in a research report on Wednesday, August 12th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $137.73.
Check Out Our Latest Analysis on SE
Hedge Funds Weigh In On SEA
Several hedge funds have recently added to or reduced their stakes in SE. Provenance Wealth Advisors LLC raised its position in SEA by 1,511.1% in the 3rd quarter. Provenance Wealth Advisors LLC now owns 290 shares of the Internet company based in Singapore’s stock worth $28,000 after purchasing an additional 272 shares during the period. Grove Bank & Trust boosted its position 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 valued at $60,000 after buying an additional 215 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 valued at $70,000 after buying an additional 174 shares during the period. Allworth Financial LP boosted its position in shares of SEA by 28.5% during the third quarter. Allworth Financial LP now owns 1,168 shares of the Internet company based in Singapore’s stock valued at $112,000 after buying an additional 259 shares during the period. Finally, Independence Bank of Kentucky grew its stake 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 buying an additional 1,100 shares during the last quarter. 59.53% of the stock is currently owned by institutional investors.
About SEA
Sea Limited is a Singapore-based technology company operating digital entertainment, e-commerce and digital financial services businesses. Founded in 2009 as Garena, the company adopted the name Sea Limited in 2017.
Its digital entertainment business, Garena, publishes and develops online games and also provides a platform for users to access games and connect with other players. Shopee, Sea’s e-commerce platform, serves consumers and merchants in Southeast Asia and other markets, including Taiwan and parts of Latin America.
Sea also provides digital financial services through Monee, formerly known as SeaMoney.
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