SEA (NYSE:SE) Insider Yanjun Wang Sells 1,200 Shares

Sea Limited Sponsored ADR (NYSE:SE) insider Yanjun Wang sold 1,200 shares of the company’s stock in a transaction that occurred on Monday, July 6th. The shares were sold at an average price of $104.67, for a total value of $125,604.00. Following the completion of the sale, the insider owned 43,600 shares of the company’s stock, valued at $4,563,612. This trade represents a 2.68% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Yanjun Wang also recently made the following trade(s):

• On Wednesday, July 1st, Yanjun Wang sold 1,200 shares of SEA stock. The stock was sold at an average price of $100.60, for a total value of $120,720.00.
• On Monday, June 29th, Yanjun Wang sold 1,000 shares of SEA stock. The stock was sold at an average price of $92.59, for a total value of $92,590.00.
• On Thursday, June 25th, Yanjun Wang sold 1,000 shares of SEA stock. The stock was sold at an average price of $90.22, for a total value of $90,220.00.
• On Wednesday, June 10th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $82.36, for a total value of $65,888.00.
• On Monday, June 8th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $84.39, for a total value of $67,512.00.
• On Friday, June 5th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $87.20, for a total value of $69,760.00.
• On Wednesday, June 3rd, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $90.53, for a total value of $72,424.00.
• On Monday, June 1st, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $96.11, for a total transaction of $76,888.00.
• On Thursday, May 28th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $91.98, for a total transaction of $73,584.00.
• On Tuesday, May 26th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $89.45, for a total transaction of $71,560.00.

SEA Price Performance

SEA stock opened at $105.81 on Thursday. Sea Limited Sponsored ADR has a 12-month low of $77.05 and a 12-month high of $199.30. The stock has a market cap of $64.65 billion, a P/E ratio of 41.66, a PEG ratio of 1.00 and a beta of 1.55. The company has a 50-day moving average price of $90.71 and a 200 day moving average price of $99.96. The company has a current ratio of 1.58, a quick ratio of 1.56 and a debt-to-equity ratio of 0.05.

SEA (NYSE:SE) last issued its earnings results on Tuesday, May 12th. The Internet company based in Singapore reported $0.67 EPS for the quarter, missing analysts’ consensus estimates of $0.75 by ($0.08). SEA had a return on equity of 14.12% and a net margin of 6.41%.The firm had revenue of $7.10 billion for the quarter, compared to analysts’ expectations of $6.46 billion. During the same period last year, the firm earned $0.65 earnings per share. SEA’s revenue for the quarter was up 46.6% on a year-over-year basis. Sell-side analysts anticipate that Sea Limited Sponsored ADR will post 3.23 earnings per share for the current year.

Hedge Funds Weigh In On SEA

Hedge funds have recently made changes to their positions in the stock. Zions Bancorporation National Association UT raised its position 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 purchasing an additional 259 shares during the period. Holos Integrated Wealth LLC acquired a new position in SEA during the fourth quarter worth $44,000. Cornerstone Planning Group LLC boosted its position in shares of SEA by 461.5% during the fourth quarter. Cornerstone Planning Group LLC now owns 657 shares of the Internet company based in Singapore’s stock worth $83,000 after buying an additional 540 shares during the period. Oarsman Capital Inc. purchased a new position in shares of SEA during the third quarter worth $201,000. Finally, Cullen Frost Bankers Inc. grew its stake in shares of SEA by 102.5% in the fourth quarter. Cullen Frost Bankers Inc. now owns 1,132 shares of the Internet company based in Singapore’s stock valued at $144,000 after buying an additional 573 shares in the last quarter. Hedge funds and other institutional investors own 59.53% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently commented on SE. JPMorgan Chase & Co. decreased their price objective on SEA from $168.00 to $163.00 and set an “overweight” rating on the stock in a report on Thursday, May 14th. Jefferies Financial Group reissued a “buy” rating on shares of SEA in a research note on Tuesday, May 12th. Barclays lifted their target price on SEA from $120.00 to $122.00 and gave the company an “overweight” rating in a research report on Thursday, May 14th. TD Cowen upped their price target on SEA from $100.00 to $108.00 and gave the company a “hold” rating in a research note on Wednesday, May 13th. Finally, Zacks Research upgraded SEA from a “strong sell” rating to a “hold” rating in a report on Monday, June 1st. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $155.54.

About SEA

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.