Yanjun Wang Sells 1,000 Shares of SEA (NYSE:SE) Stock

Sea Limited Sponsored ADR (NYSE:SE) insider Yanjun Wang sold 1,000 shares of the business’s stock in a transaction on Thursday, June 25th. The shares were sold at an average price of $90.22, for a total transaction of $90,220.00. Following the completion of the sale, the insider directly owned 50,200 shares in the company, valued at $4,529,044. This represents a 1.95% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

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

• On Wednesday, June 10th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $82.36, for a total transaction 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 shares were 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 shares were 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 stock was sold at an average price of $96.11, for a total value of $76,888.00.
• On Thursday, May 28th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $91.98, for a total value of $73,584.00.
• On Tuesday, May 26th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $89.45, for a total value of $71,560.00.
• On Friday, May 22nd, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $87.87, for a total value of $70,296.00.
• On Wednesday, May 20th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $86.34, for a total value of $69,072.00.
• On Monday, May 18th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $88.06, for a total value of $70,448.00.

SEA Trading Up 3.0%

NYSE:SE opened at $95.72 on Wednesday. The company has a market cap of $58.49 billion, a P/E ratio of 37.69, a price-to-earnings-growth ratio of 0.97 and a beta of 1.57. Sea Limited Sponsored ADR has a twelve month low of $77.05 and a twelve month high of $199.30. The business has a 50 day moving average price of $88.58 and a two-hundred day moving average price of $100.77. The company has a quick ratio of 1.56, a current ratio of 1.58 and a debt-to-equity ratio of 0.05.

SEA (NYSE:SE) last posted its quarterly earnings data on Tuesday, May 12th. The Internet company based in Singapore reported $0.67 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.75 by ($0.08). The business had revenue of $7.10 billion during the quarter, compared to analyst estimates of $6.46 billion. SEA had a net margin of 6.41% and a return on equity of 14.12%. SEA’s revenue for the quarter was up 46.6% on a year-over-year basis. During the same quarter last year, the business earned $0.65 earnings per share. As a group, analysts expect that Sea Limited Sponsored ADR will post 3.33 EPS for the current fiscal year.

Institutional Trading of SEA

Large investors have recently added to or reduced their stakes in the company. Zions Bancorporation National Association UT grew its position in shares of SEA by 539.6% in the 4th quarter. Zions Bancorporation National Association UT now owns 307 shares of the Internet company based in Singapore’s stock valued at $39,000 after acquiring an additional 259 shares during the period. Holos Integrated Wealth LLC acquired a new position in shares of SEA during the 4th quarter worth about $44,000. Cornerstone Planning Group LLC raised its holdings in shares of SEA by 26.5% in the 1st quarter. Cornerstone Planning Group LLC now owns 831 shares of the Internet company based in Singapore’s stock valued at $70,000 after purchasing an additional 174 shares during the period. Cullen Frost Bankers Inc. raised its holdings in shares of 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 purchasing an additional 573 shares during the period. Finally, Osbon Capital Management LLC acquired a new stake in SEA in the 4th quarter valued at about $175,000. Institutional investors and hedge funds own 59.53% of the company’s stock.

Analyst Ratings Changes

Several brokerages have commented on SE. Sanford C. Bernstein cut their price target on shares of SEA from $170.00 to $150.00 and set an “outperform” rating on the stock in a research report on Wednesday, March 4th. Jefferies Financial Group restated a “buy” rating on shares of SEA in a report on Tuesday, May 12th. Morgan Stanley set a $121.00 target price on SEA and gave the company an “overweight” rating in a research report on Friday, March 13th. Bank of America reiterated a “buy” rating and set a $125.00 target price on shares of SEA in a report on Monday, March 9th. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of SEA in a research report on Friday, March 27th. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and four have given a Hold rating to the company. According to MarketBeat, SEA presently has a consensus rating of “Moderate Buy” and an average target price 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.