Yanjun Wang Sells 800 Shares of SEA (NYSE:SE) Stock

Sea Limited Sponsored ADR (NYSE:SE) insider Yanjun Wang sold 800 shares of the company’s stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $96.11, for a total value of $76,888.00. Following the completion of the sale, the insider owned 6,800 shares in the company, valued at $653,548. The trade was a 10.53% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

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

• 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 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 stock was 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 stock was sold at an average price of $88.06, for a total value of $70,448.00.
• On Friday, May 15th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $88.58, for a total value of $70,864.00.
• On Wednesday, May 13th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $94.63, for a total transaction of $75,704.00.
• On Monday, May 11th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $83.74, for a total transaction of $66,992.00.
• On Friday, May 8th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $86.79, for a total transaction of $69,432.00.
• On Wednesday, May 6th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $88.38, for a total transaction of $70,704.00.

SEA Trading Down 3.9%

Shares of NYSE SE opened at $89.54 on Thursday. The firm’s 50 day moving average price is $86.61 and its 200-day moving average price is $107.04. The company has a market cap of $54.71 billion, a PE ratio of 35.25, a P/E/G ratio of 0.97 and a beta of 1.57. Sea Limited Sponsored ADR has a 52-week low of $77.05 and a 52-week high of $199.30. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.56 and a current ratio of 1.58.

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

Institutional Trading of SEA

Several large investors have recently modified their holdings of SE. Rothschild Investment LLC increased its position in SEA by 114.0% during the third quarter. Rothschild Investment LLC now owns 199 shares of the Internet company based in Singapore’s stock valued at $36,000 after acquiring an additional 106 shares during the last quarter. Zions Bancorporation National Association UT boosted 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 worth $39,000 after purchasing an additional 259 shares during the last quarter. Holos Integrated Wealth LLC purchased a new position in SEA in the fourth quarter worth about $44,000. Cornerstone Planning Group LLC grew its stake in shares of SEA by 26.5% during 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. Finally, Hillsdale Investment Management Inc. grew its stake in shares of SEA by 44.4% during the 3rd quarter. Hillsdale Investment Management Inc. now owns 650 shares of the Internet company based in Singapore’s stock valued at $116,000 after purchasing an additional 200 shares during the period. Institutional investors own 59.53% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently weighed in on SE. TD Cowen boosted their price target on SEA from $100.00 to $108.00 and gave the stock a “hold” rating in a research note on Wednesday, May 13th. Morgan Stanley set a $121.00 price objective on SEA and gave the stock an “overweight” rating in a report on Friday, March 13th. Sanford C. Bernstein decreased their target price on SEA from $170.00 to $150.00 and set an “outperform” rating for the company in a research report on Wednesday, March 4th. Barclays upped their target price on shares of SEA from $120.00 to $122.00 and gave the company an “overweight” rating in a research note on Thursday, May 14th. Finally, Zacks Research upgraded shares of SEA from a “strong sell” rating to a “hold” rating in a research note on Monday. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, SEA has an average 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.