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

Sea Limited Sponsored ADR (NYSE:SE) insider Yanjun Wang sold 800 shares of SEA stock in a transaction on Wednesday, June 10th. The shares were sold at an average price of $82.36, for a total transaction of $65,888.00. Following the sale, the insider directly owned 1,200 shares of the company’s stock, valued at $98,832. This trade represents a 40.00% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

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

• On Monday, June 8th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $84.39, for a total transaction 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 transaction 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 transaction 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.
• 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 transaction of $70,296.00.
• On Wednesday, May 20th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $86.34, for a total transaction 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 transaction 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 transaction of $70,864.00.

SEA Stock Performance

NYSE SE opened at $82.76 on Friday. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.58 and a quick ratio of 1.56. The firm has a market capitalization of $50.57 billion, a price-to-earnings ratio of 32.58, a P/E/G ratio of 0.87 and a beta of 1.57. The company’s fifty day moving average is $87.36 and its two-hundred day moving average is $104.60. Sea Limited Sponsored ADR has a 52-week low of $77.05 and a 52-week high of $199.30.

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

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in SE. Woodline Partners LP bought a new stake in SEA during the first quarter worth $4,028,000. BI Asset Management Fondsmaeglerselskab A S raised its position in SEA by 248.7% during the second quarter. BI Asset Management Fondsmaeglerselskab A S now owns 39,192 shares of the Internet company based in Singapore’s stock worth $6,268,000 after acquiring an additional 27,953 shares in the last quarter. Captrust Financial Advisors raised its position in SEA by 4.2% during the second quarter. Captrust Financial Advisors now owns 27,188 shares of the Internet company based in Singapore’s stock worth $4,348,000 after acquiring an additional 1,084 shares in the last quarter. State of Tennessee Department of Treasury raised its position in SEA by 5.4% during the second quarter. State of Tennessee Department of Treasury now owns 543,203 shares of the Internet company based in Singapore’s stock worth $86,880,000 after acquiring an additional 27,964 shares in the last quarter. Finally, Morse Asset Management Inc raised its position in SEA by 21.1% during the second quarter. Morse Asset Management Inc now owns 12,168 shares of the Internet company based in Singapore’s stock worth $1,946,000 after acquiring an additional 2,121 shares in the last quarter. Institutional investors and hedge funds own 59.53% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on SE shares. Morgan Stanley set a $121.00 price target on shares of SEA and gave the company an “overweight” rating in a research report on Friday, March 13th. JPMorgan Chase & Co. dropped their price target on shares of SEA from $168.00 to $163.00 and set an “overweight” rating for the company in a research note on Thursday, May 14th. Bank of America reaffirmed a “buy” rating and issued a $125.00 target price on shares of SEA in a research note on Monday, March 9th. TD Cowen upped their target price on shares of SEA from $100.00 to $108.00 and gave the company a “hold” rating in a research note on Wednesday, May 13th. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of SEA in a report on Friday, March 27th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $155.54.

SEA Company Profile

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.