SEA (NYSE:SE) Insider Yanjun Wang Sells 1,500 Shares

Sea Limited Sponsored ADR (NYSE:SE) insider Yanjun Wang sold 1,500 shares of the company’s stock in a transaction on Wednesday, August 26th. The stock was sold at an average price of $119.81, for a total transaction of $179,715.00. Following the completion of the transaction, the insider directly owned 21,600 shares in the company, valued at $2,587,896. This trade represents a 6.49% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

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

• On Monday, August 24th, Yanjun Wang sold 1,500 shares of SEA stock. The stock was sold at an average price of $115.93, for a total value of $173,895.00.
• On Friday, August 21st, Yanjun Wang sold 1,500 shares of SEA stock. The shares were sold at an average price of $117.74, for a total value of $176,610.00.
• On Wednesday, August 19th, Yanjun Wang sold 1,500 shares of SEA stock. The stock was sold at an average price of $117.90, for a total value of $176,850.00.
• On Monday, August 17th, Yanjun Wang sold 1,500 shares of SEA stock. The stock was sold at an average price of $119.88, for a total value of $179,820.00.
• On Friday, August 14th, Yanjun Wang sold 1,500 shares of SEA stock. The stock was sold at an average price of $122.24, for a total value of $183,360.00.
• On Wednesday, August 12th, Yanjun Wang sold 1,500 shares of SEA stock. The shares were sold at an average price of $128.66, for a total value of $192,990.00.
• On Monday, August 10th, Yanjun Wang sold 1,500 shares of SEA stock. The shares were sold at an average price of $114.58, for a total value of $171,870.00.
• On Friday, August 7th, Yanjun Wang sold 1,500 shares of SEA stock. The stock was sold at an average price of $113.00, for a total value of $169,500.00.
• On Wednesday, August 5th, Yanjun Wang sold 1,500 shares of SEA stock. The shares were sold at an average price of $113.27, for a total transaction of $169,905.00.
• On Monday, August 3rd, Yanjun Wang sold 1,500 shares of SEA stock. The shares were sold at an average price of $109.81, for a total transaction of $164,715.00.

SEA Price Performance

NYSE SE opened at $119.19 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 stock has a market capitalization of $72.83 billion, a PE ratio of 46.02, a price-to-earnings-growth ratio of 1.23 and a beta of 1.54. Sea Limited Sponsored ADR has a 12-month low of $77.05 and a 12-month high of $199.30. The company has a 50 day moving average price of $107.81 and a two-hundred day moving average price of $96.85.

SEA (NYSE:SE) last announced its quarterly earnings results on Tuesday, August 11th. The Internet company based in Singapore reported $0.70 EPS for the quarter, missing the consensus estimate of $0.86 by ($0.16). The business had revenue of $7.79 billion for the quarter, compared to analyst estimates of $7.12 billion. SEA had a return on equity of 13.54% and a net margin of 5.98%.The business’s revenue for the quarter was up 48.3% compared to the same quarter last year. During the same quarter last year, the company earned $0.65 EPS. As a group, equities analysts predict that Sea Limited Sponsored ADR will post 2.91 earnings per share for the current fiscal year.

Hedge Funds Weigh In On SEA

Several large investors have recently made changes to their positions in the business. Zions Bancorporation National Association UT lifted its position in shares of SEA by 539.6% during the 4th quarter. Zions Bancorporation National Association UT now owns 307 shares of the Internet company based in Singapore’s stock worth $39,000 after purchasing an additional 259 shares during the last quarter. Cornerstone Planning Group LLC grew its holdings in SEA by 461.5% in the 4th quarter. Cornerstone Planning Group LLC now owns 657 shares of the Internet company based in Singapore’s stock valued at $83,000 after buying an additional 540 shares during the last quarter. Cullen Frost Bankers Inc. grew its holdings in SEA by 102.5% in the 4th 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 during the last quarter. Independence Bank of Kentucky increased its position in SEA by 611.1% in the 2nd quarter. Independence Bank of Kentucky now owns 1,280 shares of the Internet company based in Singapore’s stock worth $123,000 after buying an additional 1,100 shares during the period. Finally, Osbon Capital Management LLC bought a new position in SEA in the 4th quarter worth approximately $175,000. Institutional investors and hedge funds own 59.53% of the company’s stock.

Analyst Ratings Changes

SE has been the subject of several recent analyst reports. Morgan Stanley reiterated an “overweight” rating and set a $153.00 price target on shares of SEA in a research note on Thursday, August 13th. Jefferies Financial Group reissued a “buy” rating on shares of SEA in a research note on Tuesday, May 12th. Zacks Research lowered SEA from a “hold” rating to a “strong sell” rating in a report on Tuesday, August 11th. Weiss Ratings upgraded SEA from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, August 12th. Finally, JPMorgan Chase & Co. dropped their price target on shares of SEA from $168.00 to $163.00 and set an “overweight” rating on the stock in a research report on Thursday, May 14th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $151.90.

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.