SEA (NYSE:SE) Insider Yanjun Wang Sells 1,000 Shares of Stock

Sea Limited Sponsored ADR (NYSE:SE) insider Yanjun Wang sold 1,000 shares of the stock in a transaction that occurred on Friday, October 2nd. The shares were sold at an average price of $95.15, for a total transaction of $95,150.00. Following the sale, the insider owned 87,780 shares in the company, valued at approximately $8,352,267. The trade was a 1.13% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

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

• On Wednesday, September 30th, Yanjun Wang sold 1,000 shares of SEA stock. The stock was sold at an average price of $97.67, for a total transaction of $97,670.00.
• On Monday, September 28th, Yanjun Wang sold 1,000 shares of SEA stock. The shares were sold at an average price of $98.65, for a total value of $98,650.00.
• On Friday, September 25th, Yanjun Wang sold 1,200 shares of SEA stock. The shares were sold at an average price of $100.04, for a total value of $120,048.00.
• On Wednesday, September 23rd, Yanjun Wang sold 1,200 shares of SEA stock. The shares were sold at an average price of $102.76, for a total value of $123,312.00.
• On Monday, September 21st, Yanjun Wang sold 1,200 shares of SEA stock. The stock was sold at an average price of $102.00, for a total value of $122,400.00.
• On Thursday, September 17th, Yanjun Wang sold 1,200 shares of SEA stock. The stock was sold at an average price of $101.55, for a total value 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 value of $124,608.00.
• On Monday, September 14th, Yanjun Wang sold 1,500 shares of SEA stock. The shares were 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 shares were 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 stock was sold at an average price of $108.88, for a total value of $143,721.60.

SEA Price Performance

Shares of NYSE:SE opened at $96.94 on Tuesday. Sea Limited Sponsored ADR has a fifty-two week low of $77.05 and a fifty-two week high of $193.48. The business has a 50-day simple moving average of $110.36 and a two-hundred day simple moving average of $97.67. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.48 and a current ratio of 1.49. The firm has a market cap of $59.23 billion, a price-to-earnings ratio of 37.43, a price-to-earnings-growth ratio of 0.97 and a beta of 1.54.

SEA (NYSE:SE) last announced 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 analysts’ consensus estimates of $0.86 by ($0.16). SEA had a net margin of 5.98% and a return on equity of 13.54%. The company had revenue of $7.79 billion for the quarter, compared to analysts’ expectations of $7.12 billion. During the same period in the previous year, the business earned $0.65 EPS. The business’s revenue was up 48.3% compared to the same quarter last year. On average, analysts expect that Sea Limited Sponsored ADR will post 2.91 earnings per share for the current year.

Institutional Trading of SEA

Several large investors have recently added to or reduced their stakes in SE. Park National Corp OH raised its position in SEA by 41.4% in the third quarter. Park National Corp OH now owns 3,062 shares of the Internet company based in Singapore’s stock worth $298,000 after acquiring an additional 897 shares during the period. QRG Capital Management Inc. grew its position in shares of SEA by 15.7% during the 2nd quarter. QRG Capital Management Inc. now owns 24,423 shares of the Internet company based in Singapore’s stock valued at $2,340,000 after acquiring an additional 3,313 shares during the period. Envestnet Portfolio Solutions Inc. grew its position in shares of SEA by 14.1% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 9,579 shares of the Internet company based in Singapore’s stock valued at $918,000 after acquiring an additional 1,182 shares during the period. MCF Advisors LLC increased 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 worth $495,000 after purchasing an additional 2,917 shares in the last quarter. Finally, Whetstone Capital Advisors LLC purchased a new stake in shares of SEA in the 2nd quarter worth $8,191,000. 59.53% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on SE shares. Weiss Ratings upgraded shares of SEA from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, August 12th. Sanford C. Bernstein reissued an “outperform” rating on shares of SEA in a report on Monday, July 20th. TD Cowen restated a “hold” rating on shares of SEA in a research note on Monday, August 17th. Arete Research set a $152.00 price objective on SEA and gave the stock a “buy” rating in a report on Monday, September 7th. Finally, Barclays lifted their price objective on SEA from $122.00 to $156.00 and gave the stock an “overweight” rating in a report on Wednesday, August 12th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $149.40.

SEA Company Profile

Sea Limited is a Singapore-based technology company that operates digital consumer businesses across Southeast Asia, Taiwan and selected markets in Latin America and other regions. Founded in 2009, the company was formerly known as Garena Interactive Holding Limited and changed its name to Sea Limited in 2017 before completing its initial public offering on the New York Stock Exchange that year.

Sea’s principal businesses include Garena, a digital entertainment platform that publishes and develops online games and provides related digital content and services.