SEA (NYSE:SE) Insider Yanjun Wang Sells 800 Shares

Sea Limited Sponsored ADR (NYSE:SE) insider Yanjun Wang sold 800 shares of the business’s stock in a transaction that occurred on Wednesday, April 22nd. The shares were sold at an average price of $86.01, for a total transaction of $68,808.00. Following the transaction, the insider owned 18,000 shares of the company’s stock, valued at approximately $1,548,180. This represents a 4.26% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

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

• On Monday, April 20th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $89.57, for a total transaction of $71,656.00.
• On Friday, April 17th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $92.07, for a total transaction of $73,656.00.
• On Wednesday, April 15th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $88.89, for a total transaction of $71,112.00.
• On Monday, April 13th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $85.75, for a total transaction of $68,600.00.
• On Friday, April 10th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $85.74, for a total transaction of $68,592.00.
• On Wednesday, April 8th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $86.62, for a total transaction of $69,296.00.
• On Monday, April 6th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $82.98, for a total transaction of $66,384.00.
• On Wednesday, April 1st, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $82.66, for a total transaction of $66,128.00.
• On Wednesday, March 25th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $81.96, for a total transaction of $65,568.00.
• On Monday, March 23rd, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $80.12, for a total transaction of $64,096.00.

SEA Stock Down 3.5%

SEA stock opened at $83.31 on Friday. The stock has a market capitalization of $49.08 billion, a PE ratio of 33.06, a price-to-earnings-growth ratio of 0.87 and a beta of 1.69. Sea Limited Sponsored ADR has a twelve month low of $77.05 and a twelve month high of $199.30. The company has a quick ratio of 1.57, a current ratio of 1.58 and a debt-to-equity ratio of 0.04. The company has a 50 day moving average of $90.97 and a 200-day moving average of $121.82.

SEA (NYSE:SE) last released its quarterly earnings results on Tuesday, March 3rd. The Internet company based in Singapore reported $0.63 earnings per share for the quarter, missing the consensus estimate of $0.91 by ($0.28). The company had revenue of $6.85 billion during the quarter, compared to analyst estimates of $6.42 billion. SEA had a net margin of 6.93% and a return on equity of 15.20%. The firm’s quarterly revenue was up 38.4% compared to the same quarter last year. During the same quarter last year, the company earned $0.39 EPS. On average, equities research analysts anticipate that Sea Limited Sponsored ADR will post 3.46 EPS for the current fiscal year.

Institutional Trading of SEA

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Fred Alger Management LLC raised its position in SEA by 22.1% during the third quarter. Fred Alger Management LLC now owns 2,886,441 shares of the Internet company based in Singapore’s stock worth $515,894,000 after acquiring an additional 521,782 shares in the last quarter. OVERSEA CHINESE BANKING Corp Ltd raised its position in SEA by 24.4% during the fourth quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 1,791,660 shares of the Internet company based in Singapore’s stock worth $228,549,000 after acquiring an additional 350,840 shares in the last quarter. SG Americas Securities LLC raised its position in SEA by 5.7% during the first quarter. SG Americas Securities LLC now owns 1,642,304 shares of the Internet company based in Singapore’s stock worth $135,999,000 after acquiring an additional 88,431 shares in the last quarter. Charles Lim Capital Ltd raised its position in SEA by 172.7% during the fourth quarter. Charles Lim Capital Ltd now owns 750,000 shares of the Internet company based in Singapore’s stock worth $95,678,000 after acquiring an additional 475,000 shares in the last quarter. Finally, State of Tennessee Department of Treasury raised its position in SEA by 32.4% during the fourth quarter. State of Tennessee Department of Treasury now owns 718,949 shares of the Internet company based in Singapore’s stock worth $83,750,000 after acquiring an additional 175,746 shares in the last quarter. 59.53% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

SE has been the topic of a number of research reports. Morgan Stanley set a $121.00 price objective on shares of SEA and gave the stock an “overweight” rating in a research report on Friday, March 13th. JPMorgan Chase & Co. cut their price objective on shares of SEA from $170.00 to $168.00 and set an “overweight” rating on the stock in a research report on Monday. Bank of America reissued a “buy” rating and issued a $125.00 price objective on shares of SEA in a research report on Monday, March 9th. Jefferies Financial Group reissued a “buy” rating and issued a $150.00 price objective on shares of SEA in a research report on Tuesday, March 3rd. Finally, Sanford C. Bernstein cut their price objective on shares of SEA from $170.00 to $150.00 and set an “outperform” rating on the stock in a research report on Wednesday, March 4th. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $161.66.

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.