SEA (NYSE:SE) Insider Sells $122,400.00 in Stock

Sea Limited Sponsored ADR (NYSE:SE) insider Yanjun Wang sold 1,200 shares of SEA stock in a transaction on Monday, September 21st. The shares were sold at an average price of $102.00, for a total value of $122,400.00. Following the sale, the insider directly owned 97,580 shares in the company, valued at $9,953,160. The trade was a 1.21% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

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

• On Thursday, September 17th, Yanjun Wang sold 1,200 shares of SEA stock. The shares were sold at an average price of $101.55, for a total transaction of $121,860.00.
• On Tuesday, September 15th, Yanjun Wang sold 1,200 shares of SEA stock. The shares were sold at an average price of $103.84, for a total transaction of $124,608.00.
• On Monday, September 14th, Yanjun Wang sold 1,500 shares of SEA stock. The stock was sold at an average price of $108.32, for a total value of $162,480.00.
• On Thursday, September 10th, Yanjun Wang sold 1,200 shares of SEA stock. The stock was sold at an average price of $107.99, for a total value of $129,588.00.
• On Wednesday, September 9th, Yanjun Wang sold 1,320 shares of SEA stock. The shares were sold at an average price of $108.88, for a total value of $143,721.60.
• On Tuesday, September 8th, Yanjun Wang sold 1,500 shares of SEA stock. The stock was sold at an average price of $112.75, for a total transaction of $169,125.00.
• On Friday, September 4th, Yanjun Wang sold 1,500 shares of SEA stock. The shares were sold at an average price of $113.29, for a total value of $169,935.00.
• On Wednesday, September 2nd, Yanjun Wang sold 1,500 shares of SEA stock. The stock was sold at an average price of $112.48, for a total value of $168,720.00.
• On Monday, August 31st, Yanjun Wang sold 1,500 shares of SEA stock. The stock was sold at an average price of $114.07, for a total transaction of $171,105.00.
• On Friday, August 28th, Yanjun Wang sold 1,500 shares of SEA stock. The stock was sold at an average price of $119.58, for a total transaction of $179,370.00.

SEA Price Performance

NYSE SE opened at $103.71 on Wednesday. Sea Limited Sponsored ADR has a 52-week low of $77.05 and a 52-week high of $193.48. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.49 and a quick ratio of 1.48. The firm has a market capitalization of $63.37 billion, a price-to-earnings ratio of 40.04, a price-to-earnings-growth ratio of 1.03 and a beta of 1.51. The company has a 50 day simple moving average of $111.51 and a 200-day simple moving average of $97.07.

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 firm had revenue of $7.79 billion during the quarter, compared to the consensus estimate of $7.12 billion. SEA had a net margin of 5.98% and a return on equity of 13.54%. The company’s quarterly revenue was up 48.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.65 EPS. Equities research analysts predict that Sea Limited Sponsored ADR will post 2.91 earnings per share for the current fiscal year.

Institutional Trading of SEA

A number of institutional investors and hedge funds have recently added to or reduced their stakes in SE. MCF Advisors LLC grew its stake in shares of SEA by 129.6% in the 2nd quarter. MCF Advisors LLC now owns 5,168 shares of the Internet company based in Singapore’s stock valued at $495,000 after purchasing an additional 2,917 shares during the period. Whetstone Capital Advisors LLC bought a new position in shares of SEA during the 2nd quarter worth approximately $8,191,000. National Pension Service boosted its stake in SEA by 10.0% in the 2nd quarter. National Pension Service now owns 605,437 shares of the Internet company based in Singapore’s stock valued at $58,019,000 after buying an additional 54,819 shares in the last quarter. C WorldWide Group Holding A S grew its position in SEA by 2.6% in the second quarter. C WorldWide Group Holding A S now owns 198,560 shares of the Internet company based in Singapore’s stock valued at $19,028,000 after acquiring an additional 4,953 shares during the period. Finally, Baird Financial Group Inc. grew its position in SEA by 6.2% in the second quarter. Baird Financial Group Inc. now owns 879,107 shares of the Internet company based in Singapore’s stock valued at $84,245,000 after acquiring an additional 50,965 shares during the period. Institutional investors own 59.53% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have issued reports on SE shares. Zacks Research cut shares of SEA from a “hold” rating to a “strong sell” rating in a report on Tuesday, August 11th. Arete Research set a $152.00 target price on SEA and gave the company a “buy” rating in a research note on Monday, September 7th. Benchmark lifted their price target on SEA from $140.00 to $175.00 and gave the stock a “buy” rating in a research report on Wednesday, August 12th. Royal Bank Of Canada upgraded SEA from a “sector perform” rating to a “buy” rating in a report on Tuesday, September 8th. Finally, TD Cowen reissued a “hold” rating on shares of SEA in a research report on Monday, August 17th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $149.40.

About SEA

Sea Limited (NYSE: SE) is a Singapore-based global consumer internet company that develops and operates digital services across entertainment, e-commerce and financial technology. Founded in 2009 as Garena, the company adopted the Sea name in 2017 as it expanded beyond online gaming.

Garena, Sea’s digital entertainment business, publishes and develops online games, including the widely distributed mobile battle royale title Free Fire. Garena also provides an online platform for game-related content and community activities.

Shopee operates an e-commerce marketplace that connects consumers, sellers and brands.