SEA (NYSE:SE) Insider Sells $69,760.00 in Stock

Sea Limited Sponsored ADR (NYSE:SE) insider Yanjun Wang sold 800 shares of the business’s stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $87.20, for a total transaction of $69,760.00. Following the sale, the insider directly owned 3,600 shares of the company’s stock, valued at approximately $313,920. The trade was a 18.18% decrease in their ownership of the stock. The transaction 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 Wednesday, June 3rd, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $90.53, for a total transaction of $72,424.00.
• On Monday, June 1st, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $96.11, for a total transaction of $76,888.00.
• On Thursday, May 28th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $91.98, for a total transaction of $73,584.00.
• On Tuesday, May 26th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $89.45, for a total transaction of $71,560.00.
• On Friday, May 22nd, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $87.87, for a total transaction of $70,296.00.
• On Wednesday, May 20th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $86.34, for a total transaction of $69,072.00.
• On Monday, May 18th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $88.06, for a total transaction of $70,448.00.
• On Friday, May 15th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $88.58, for a total transaction of $70,864.00.
• On Wednesday, May 13th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $94.63, for a total transaction of $75,704.00.
• On Monday, May 11th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $83.74, for a total transaction of $66,992.00.

SEA Trading Up 0.3%

NYSE:SE opened at $86.80 on Monday. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.58 and a quick ratio of 1.56. The firm has a 50-day moving average of $86.98 and a 200-day moving average of $106.28. The company has a market cap of $53.04 billion, a PE ratio of 34.17, a PEG ratio of 0.90 and a beta of 1.57. Sea Limited Sponsored ADR has a one year low of $77.05 and a one year high of $199.30.

SEA (NYSE:SE) last issued its quarterly earnings data on Tuesday, May 12th. The Internet company based in Singapore reported $0.67 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.75 by ($0.08). SEA had a return on equity of 14.12% and a net margin of 6.41%.The firm had revenue of $7.10 billion during the quarter, compared to the consensus estimate of $6.46 billion. During the same period in the previous year, the company posted $0.65 earnings per share. The company’s revenue for the quarter was up 46.6% on a year-over-year basis. As a group, equities research analysts expect that Sea Limited Sponsored ADR will post 3.33 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Venturi Wealth Management LLC grew its position in shares of SEA by 1.9% during the 4th quarter. Venturi Wealth Management LLC now owns 5,208 shares of the Internet company based in Singapore’s stock valued at $664,000 after acquiring an additional 98 shares during the period. Rothschild Investment LLC grew its position in shares of SEA by 114.0% during the 3rd quarter. Rothschild Investment LLC now owns 199 shares of the Internet company based in Singapore’s stock valued at $36,000 after acquiring an additional 106 shares during the period. Cloud Capital Management LLC grew its position in shares of SEA by 8.0% during the 4th quarter. Cloud Capital Management LLC now owns 2,005 shares of the Internet company based in Singapore’s stock valued at $255,000 after acquiring an additional 148 shares during the period. SlateStone Wealth LLC grew its position in shares of SEA by 0.5% during the 4th quarter. SlateStone Wealth LLC now owns 31,098 shares of the Internet company based in Singapore’s stock valued at $3,967,000 after acquiring an additional 150 shares during the period. Finally, EverSource Wealth Advisors LLC grew its position in shares of SEA by 9.6% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 1,835 shares of the Internet company based in Singapore’s stock valued at $328,000 after acquiring an additional 160 shares during the period. 59.53% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of brokerages have issued reports on SE. Sanford C. Bernstein reduced their price objective on shares of SEA from $170.00 to $150.00 and set an “outperform” rating for the company in a research report on Wednesday, March 4th. 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. Zacks Research raised shares of SEA from a “strong sell” rating to a “hold” rating in a research report on Monday, June 1st. TD Cowen upped their price objective on shares of SEA from $100.00 to $108.00 and gave the stock a “hold” rating in a research report on Wednesday, May 13th. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of SEA in a research report on Friday, March 27th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $155.54.

SEA Company Profile

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.