SEA (NYSE:SE) Insider Sells $95,430.00 in Stock

Sea Limited Sponsored ADR (NYSE:SE – Get Free Report) insider Yanjun Wang sold 1,000 shares of SEA stock in a transaction dated Friday, October 16th. The stock was sold at an average price of $95.43, for a total transaction of $95,430.00. Following the completion of the transaction, the insider directly owned 77,780 shares of the company’s stock, valued at $7,422,545.40. This trade represents a 1.27% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

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

  • 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 value of $90,370.00.
  • On Wednesday, October 14th, Yanjun Wang sold 1,000 shares of SEA stock. The shares were 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 value of $95,370.00.
  • On Wednesday, October 7th, Yanjun Wang sold 1,000 shares of SEA stock. The stock was sold at an average price of $94.91, for a total value of $94,910.00.
  • On Monday, October 5th, Yanjun Wang sold 1,000 shares of SEA stock. The stock was 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.
  • 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 value of $97,670.00.
  • On Monday, September 28th, Yanjun Wang sold 1,000 shares of SEA stock. The stock was sold at an average price of $98.65, for a total value of $98,650.00.

SEA Stock Down 3.2%

SE opened at $77.89 on Thursday. 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 firm has a 50 day moving average price of $105.15 and a 200-day moving average price of $98.63. Sea Limited Sponsored ADR has a twelve month low of $75.99 and a twelve month high of $164.03. The stock has a market capitalization of $47.59 billion, a price-to-earnings ratio of 30.07, a PEG ratio of 0.82 and a beta of 1.54.

SEA (NYSE:SE – Get Free Report) last issued its quarterly earnings data on Tuesday, August 11th. The Internet company based in Singapore reported $0.70 earnings per share for the quarter, missing analysts’ consensus estimates of $0.86 by ($0.16). SEA had a net margin of 5.98% and a return on equity of 13.54%. The company had revenue of $7.79 billion for the quarter, compared to the consensus estimate of $7.12 billion. During the same quarter last year, the company earned $0.65 EPS. The firm’s revenue for the quarter was up 48.3% on a year-over-year basis. Equities research analysts forecast that Sea Limited Sponsored ADR will post 2.91 earnings per share for the current year.

Institutional Trading of SEA

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Eagle Rock Investment Company LLC purchased a new position in shares of SEA during the 3rd quarter valued at about $210,000. Crossmark Global Holdings Inc. grew its stake in shares of SEA by 19.8% during the 3rd quarter. Crossmark Global Holdings Inc. now owns 20,129 shares of the Internet company based in Singapore’s stock valued at $1,960,000 after acquiring an additional 3,329 shares during the period. Bank Pictet & Cie Europe AG grew its stake in shares of SEA by 21.5% during the 3rd quarter. Bank Pictet & Cie Europe AG now owns 116,811 shares of the Internet company based in Singapore’s stock valued at $11,406,000 after acquiring an additional 20,680 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd grew its stake in shares of SEA by 1.6% during the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 43,439 shares of the Internet company based in Singapore’s stock valued at $4,229,000 after acquiring an additional 700 shares during the period. Finally, Abel Hall LLC purchased a new stake in SEA in the 3rd quarter worth approximately $217,000. Hedge funds and other institutional investors own 59.53% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on SE. Benchmark raised their price target on SEA from $140.00 to $175.00 and gave the stock a “buy” rating in a research note on Wednesday, August 12th. Morgan Stanley reiterated an “overweight” rating and set a $153.00 price objective on shares of SEA in a research report on Thursday, August 13th. Zacks Research raised SEA from a “strong sell” rating to a “hold” rating in a research report on Monday, October 12th. Sanford C. Bernstein restated an “outperform” rating on shares of SEA in a research note on Monday, July 20th. Finally, TD Cowen restated a “hold” rating on shares of SEA in a research note on Monday, August 17th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $149.40.

Read Our Latest Research Report on SEA

More SEA News

Here are the key news stories impacting SEA this week:

  • Positive Sentiment: Sea is preparing to launch Sea Cloud, an AI-focused enterprise platform built on the infrastructure supporting Shopee, Garena and Monee. The initiative could create a new growth opportunity by commercializing the company’s technology capabilities. Sea Stock Trades Down, Here Is Why
  • Positive Sentiment: Sea is considering an initial public offering or potential spin-off of its digital financial-services division, Monee. A separate listing could highlight the unit’s value, provide funding for expansion and give investors greater transparency into the business. Sea CEO Says Monee Could Go Public
  • Neutral Sentiment: Investor attention toward Sea has increased, with Zacks highlighting the stock as a trending name. However, the report does not identify a definitive new earnings or valuation catalyst. Is Trending Stock Sea a Buy Now?
  • Neutral Sentiment: Unusually active options trading included purchases of 11,763 call contracts, above typical daily volume. This may indicate speculative bullish interest, but it does not necessarily translate into sustained buying of the shares.
  • Negative Sentiment: The proposed Sea Cloud launch and possible Monee IPO appear to have raised concerns about management focus, added investment requirements and execution risk. Investors may also be uncertain about the timing and valuation of any Monee transaction. Sea Stock Trades Down, Here Is Why
  • Negative Sentiment: Insider selling added pressure: CFO Tianyu Hou sold 10,000 shares for approximately $890,300, reducing his holdings by 22.2%. Director Yanjun Wang also sold a combined 1,800 shares in two transactions. While these sales may be planned, repeated insider selling can weaken investor confidence. SEC Insider Filing

SEA Company Profile

(Get Free Report)

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.

See Also

Insider Buying and Selling by Quarter for SEA (NYSE:SE)

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