Sea Limited Sponsored ADR (NYSE:SE – Get Free Report) insider Yanjun Wang sold 800 shares of SEA stock in a transaction dated Wednesday, November 11th. The shares were sold at an average price of $74.31, for a total value of $59,448.00. Following the completion of the transaction, the insider directly owned 63,180 shares in the company, valued at $4,694,905.80. This represents a 1.25% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
Yanjun Wang also recently made the following trade(s):
- On Monday, November 9th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $78.32, for a total value of $62,656.00.
- On Friday, November 6th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $75.02, for a total transaction of $60,016.00.
- On Wednesday, November 4th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $80.82, for a total transaction of $64,656.00.
- On Monday, November 2nd, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $76.79, for a total transaction of $61,432.00.
- On Friday, October 30th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $74.58, for a total transaction of $59,664.00.
- On Wednesday, October 28th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $74.69, for a total transaction of $59,752.00.
- On Monday, October 26th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $73.77, for a total transaction of $59,016.00.
- On Thursday, October 22nd, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $76.33, for a total transaction of $61,064.00.
- On Tuesday, October 20th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $81.61, for a total transaction of $65,288.00.
- On Monday, October 19th, Yanjun Wang sold 1,000 shares of SEA stock. The shares were sold at an average price of $90.37, for a total transaction of $90,370.00.
SEA Trading Up 0.6%
Shares of SE stock traded up $0.46 during mid-day trading on Thursday, reaching $74.45. The company’s stock had a trading volume of 6,493,229 shares, compared to its average volume of 9,258,461. The company has a quick ratio of 1.48, a current ratio of 1.49 and a debt-to-equity ratio of 0.07. The firm has a market capitalization of $45.49 billion, a PE ratio of 26.78, a price-to-earnings-growth ratio of 0.76 and a beta of 1.58. The company’s 50 day simple moving average is $91.74 and its 200-day simple moving average is $96.87. Sea Limited Sponsored ADR has a 12-month low of $71.33 and a 12-month high of $148.26.
SEA (NYSE:SE – Get Free Report) last announced its quarterly earnings results on Tuesday, November 10th. The Internet company based in Singapore reported $0.78 earnings per share for the quarter, missing analysts’ consensus estimates of $0.99 by ($0.21). SEA had a return on equity of 13.85% and a net margin of 5.89%. The business had revenue of $8.58 billion for the quarter, compared to analysts’ expectations of $8.08 billion. During the same period last year, the company posted $0.59 earnings per share. The firm’s revenue for the quarter was up 43.7% on a year-over-year basis. On average, research analysts predict that Sea Limited Sponsored ADR will post 2.88 EPS for the current fiscal year.
Latest SEA News
Here’s some of the latest news about SE:
- Positive Sentiment: Sea’s Shopee, Monee and Garena businesses are all growing at double-digit rates, according to a recent analysis. Why Sea Limited stock is falling
- Neutral Sentiment: Barclays lowered its target to $150 from $156 but kept an “overweight” rating; StoneX cut its target to $155 from $175 while retaining “buy.” The continued positive ratings are balanced by the lower targets. Barclays ratings StoneX ratings
- Negative Sentiment: Insider Yanjun Wang has made repeated small sales of 800 shares, including a reported sale at $75.02. This is a modest signal, given the size of the latest transaction and his remaining ownership. SEA insider trading
Hedge Funds Weigh In On SEA
A number of institutional investors have recently added to or reduced their stakes in SE. Raiffeisen Bank International AG boosted its position in SEA by 1.8% in the 2nd quarter. Raiffeisen Bank International AG now owns 6,405 shares of the Internet company based in Singapore’s stock valued at $595,000 after buying an additional 115 shares during the last quarter. Bank Julius Baer & Co. Ltd Zurich increased its position in shares of SEA by 0.9% during the third quarter. Bank Julius Baer & Co. Ltd Zurich now owns 16,837 shares of the Internet company based in Singapore’s stock worth $1,659,000 after acquiring an additional 146 shares during the last quarter. Profund Advisors LLC increased its position in shares of SEA by 3.2% during the third quarter. Profund Advisors LLC now owns 5,151 shares of the Internet company based in Singapore’s stock worth $502,000 after acquiring an additional 158 shares during the last quarter. GAMMA Investing LLC lifted its stake in shares of SEA by 6.6% in the second quarter. GAMMA Investing LLC now owns 2,730 shares of the Internet company based in Singapore’s stock worth $262,000 after acquiring an additional 170 shares in the last quarter. Finally, Cornerstone Planning Group LLC lifted its stake in shares of SEA by 26.5% in the first quarter. Cornerstone Planning Group LLC now owns 831 shares of the Internet company based in Singapore’s stock worth $70,000 after acquiring an additional 174 shares in the last quarter. Institutional investors and hedge funds own 59.53% of the company’s stock.
Wall Street Analyst Weigh In
A number of brokerages have commented on SE. Bank of America set a $110.00 price objective on SEA and gave the stock a “buy” rating in a research note on Wednesday. Jefferies Financial Group lowered their target price on SEA from $164.00 to $142.00 and set a “buy” rating for the company in a research note on Tuesday. Royal Bank Of Canada upgraded SEA from a “sector perform” rating to a “buy” rating in a research note on Tuesday, September 8th. New Street Research downgraded SEA from a “buy” rating to a “neutral” rating and set a $70.00 target price on the stock. in a report on Monday, October 26th. Finally, Benchmark boosted 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. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $134.67.
View Our Latest Research Report on SEA
About SEA
Sea Limited is a Singapore-based technology company operating digital entertainment, e-commerce and digital financial services businesses. Founded in 2009 as Garena, the company adopted the name Sea Limited in 2017. Its digital entertainment business, Garena, publishes and develops online games and also provides a platform for users to access games and connect with other players. Shopee, Sea’s e-commerce platform, serves consumers and merchants in Southeast Asia and other markets, including Taiwan and parts of Latin America.
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