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 business’s stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $119.88, for a total transaction of $179,820.00. Following the sale, the insider directly owned 32,100 shares in the company, valued at $3,848,148. This trade represents a 4.46% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

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

• 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 transaction 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 shares were 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 stock was sold at an average price of $113.27, for a total value 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 value of $164,715.00.
• On Thursday, July 30th, Yanjun Wang sold 1,200 shares of SEA stock. The shares were sold at an average price of $105.39, for a total value of $126,468.00.
• On Wednesday, July 29th, Yanjun Wang sold 1,500 shares of SEA stock. The stock was sold at an average price of $108.70, for a total value of $163,050.00.
• On Monday, July 20th, Yanjun Wang sold 1,200 shares of SEA stock. The stock was sold at an average price of $106.50, for a total value of $127,800.00.
• On Monday, July 27th, Yanjun Wang sold 1,200 shares of SEA stock. The shares were sold at an average price of $104.08, for a total value of $124,896.00.

SEA Price Performance

NYSE:SE opened at $116.17 on Wednesday. Sea Limited Sponsored ADR has a 1-year low of $77.05 and a 1-year high of $199.30. The company has a current ratio of 1.49, a quick ratio of 1.48 and a debt-to-equity ratio of 0.07. The firm has a fifty day simple moving average of $103.86 and a 200 day simple moving average of $96.58. The stock has a market capitalization of $70.99 billion, a PE ratio of 44.85, a P/E/G ratio of 1.10 and a beta of 1.54.

SEA (NYSE:SE) last posted its quarterly earnings results on Tuesday, August 11th. The Internet company based in Singapore reported $0.70 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.86 by ($0.16). The firm had revenue of $7.79 billion for the quarter, compared to the consensus estimate of $7.12 billion. SEA had a return on equity of 13.54% and a net margin of 5.98%.The business’s revenue was up 48.3% compared to the same quarter last year. During the same period last year, the company posted $0.65 earnings per share. On average, research analysts expect that Sea Limited Sponsored ADR will post 3.23 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on SE. Morgan Stanley reaffirmed an “overweight” rating and issued a $153.00 target price on shares of SEA in a report on Thursday, August 13th. Weiss Ratings raised SEA from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, August 12th. Barclays upped their price objective on SEA from $122.00 to $156.00 and gave the company an “overweight” rating in a research note on Wednesday, August 12th. Benchmark raised their price objective on SEA from $140.00 to $175.00 and gave the company a “buy” rating in a research report on Wednesday, August 12th. Finally, Jefferies Financial Group reiterated a “buy” rating on shares of SEA in a research note on Tuesday, May 12th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, SEA currently has a consensus rating of “Moderate Buy” and a consensus price target of $151.90.

Trending Headlines about SEA

Here are the key news stories impacting SEA this week:

• Positive Sentiment: Howard Marks’ Oaktree Capital disclosed a new Sea Limited position worth approximately $60.9 million. The investment may support investor confidence in Sea’s long-term growth potential after the stock’s recent decline. Howard Marks article
• Positive Sentiment: Sea’s latest quarterly revenue increased 48.3% year over year to $7.79 billion, exceeding analysts’ $7.12 billion estimate. The company’s digital entertainment, e-commerce and financial-services businesses continue to provide significant growth momentum.
• Neutral Sentiment: Analysts maintain a generally favorable view, with a “Moderate Buy” consensus and an average price target of $151.90. However, the stock’s valuation remains elevated at roughly 45 times earnings, leaving shares sensitive to earnings execution and growth expectations.
• Negative Sentiment: Sea reported quarterly earnings of $0.70 per share, missing the $0.86 consensus estimate. The earnings shortfall may be weighing on the stock despite the strong revenue performance.
• Negative Sentiment: Several senior executives sold shares recently: CEO Xiaodong Li sold approximately $2.38 million, COO Gang Ye sold $3.72 million, President Zhimin Feng sold $1.86 million, and other insiders sold additional shares. The broad-based selling, totaling more than $8 million in the reported transactions, can raise concerns about near-term valuation or insider expectations. Gang Ye insider sale Xiaodong Li insider sale

Institutional Trading of SEA

A number of hedge funds have recently modified their holdings of the stock. Woodline Partners LP bought a new position in SEA in the 1st quarter valued at about $4,028,000. BI Asset Management Fondsmaeglerselskab A S boosted its holdings in shares of 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 during the period. Captrust Financial Advisors boosted its holdings in shares of 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 during the period. State of Tennessee Department of Treasury grew its position in shares of SEA by 5.4% in the second quarter. State of Tennessee Department of Treasury now owns 543,203 shares of the Internet company based in Singapore’s stock valued at $86,880,000 after purchasing an additional 27,964 shares during the last quarter. Finally, Morse Asset Management Inc grew its position in shares of SEA by 21.1% in the second quarter. Morse Asset Management Inc now owns 12,168 shares of the Internet company based in Singapore’s stock valued at $1,946,000 after purchasing an additional 2,121 shares during the last quarter. Institutional investors and hedge funds own 59.53% of the company’s stock.

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.