SEA (NYSE:SE) Insider Yanjun Wang Sells 1,200 Shares of Stock

Sea Limited Sponsored ADR (NYSE:SEGet Free Report) insider Yanjun Wang sold 1,200 shares of SEA stock in a transaction dated Tuesday, September 15th. The stock was sold at an average price of $103.84, for a total value of $124,608.00. Following the completion of the sale, the insider owned 3,180 shares of the company’s stock, valued at $330,211.20. The trade was a 27.40% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

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

  • 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 transaction 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 transaction 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 transaction 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 value 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 shares were 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 shares were 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.
  • On Wednesday, August 26th, Yanjun Wang sold 1,500 shares of SEA stock. The stock was sold at an average price of $119.81, for a total transaction of $179,715.00.
  • On Monday, August 24th, Yanjun Wang sold 1,500 shares of SEA stock. The stock was sold at an average price of $115.93, for a total transaction of $173,895.00.

SEA Stock Performance

Shares of NYSE SE opened at $103.72 on Thursday. The firm has a 50 day moving average of $112.14 and a 200 day moving average of $96.93. The company has a current ratio of 1.49, a quick ratio of 1.48 and a debt-to-equity ratio of 0.07. The firm has a market capitalization of $63.38 billion, a price-to-earnings ratio of 40.05, a price-to-earnings-growth ratio of 1.03 and a beta of 1.51. Sea Limited Sponsored ADR has a 12-month low of $77.05 and a 12-month high of $195.48.

SEA (NYSE:SEGet Free Report) last posted its quarterly earnings data 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). SEA had a return on equity of 13.54% and a net margin of 5.98%.The company had revenue of $7.79 billion during the quarter, compared to the consensus estimate of $7.12 billion. During the same period last year, the business earned $0.65 EPS. The firm’s quarterly revenue was up 48.3% compared to the same quarter last year. On average, research analysts anticipate that Sea Limited Sponsored ADR will post 2.91 earnings per share for the current year.

More SEA News

Here are the key news stories impacting SEA this week:

  • Positive Sentiment: Brokerages assign Sea a consensus “Moderate Buy” rating, with an average price target of $149.40—well above the recently cited share price near $103. Royal Bank of Canada upgraded the stock to “buy,” while Benchmark raised its target to $175.00. Sea Limited receives Moderate Buy rating
  • Positive Sentiment: Institutional ownership stands at approximately 59.53%, and several investment firms increased their positions during the second quarter, including the National Pension Service and Baird Financial Group. This may provide a measure of institutional support for SE.
  • Positive Sentiment: Sea’s most recent quarter showed strong revenue growth of 48.3% year over year to $7.79 billion, surpassing analyst expectations of $7.12 billion. The company also maintains a relatively conservative balance sheet, with debt-to-equity of just 0.07.
  • Neutral Sentiment: Despite the growth outlook, Sea trades at an elevated valuation of roughly 40 times earnings. Analysts expect full-year earnings per share of about $2.91, leaving the stock vulnerable to volatility if growth or profitability disappoints.
  • Negative Sentiment: Several insiders have recently sold shares. COO Gang Ye sold 20,000 shares for approximately $2.16 million, while Jingye Chen sold 60,000 shares across September 11 and 14 for about $6.46 million. Yanjun Wang also sold 1,500 shares for $162,480, reducing his ownership by 25.51%. The cluster of transactions may weigh on investor sentiment. SEA insider stock sales
  • Negative Sentiment: Sea’s latest quarterly EPS of $0.70 missed the $0.86 consensus estimate, even though revenue exceeded expectations. The earnings shortfall is an important risk for a stock carrying a premium valuation.

Analysts Set New Price Targets

SE has been the topic of several analyst reports. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of SEA in a report on Monday, July 20th. Benchmark increased their price objective on shares of SEA from $140.00 to $175.00 and gave the stock a “buy” rating in a research note on Wednesday, August 12th. Zacks Research downgraded shares of SEA from a “hold” rating to a “strong sell” rating in a research report on Tuesday, August 11th. TD Cowen restated a “hold” rating on shares of SEA in a research note on Monday, August 17th. Finally, Royal Bank Of Canada upgraded SEA from a “sector perform” rating to a “buy” rating in a research note on Tuesday, September 8th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $149.40.

Check Out Our Latest Stock Analysis on SE

Hedge Funds Weigh In On SEA

Several institutional investors have recently bought and sold shares of the stock. Carrhae Capital LLP bought a new position in SEA in the second quarter worth about $140,501,000. Charles Lim Capital Ltd boosted its holdings in shares of SEA by 172.7% in the 4th quarter. Charles Lim Capital Ltd now owns 750,000 shares of the Internet company based in Singapore’s stock valued at $95,678,000 after buying an additional 475,000 shares in the last quarter. Public Employees Retirement System of Ohio bought a new stake in shares of SEA in the 2nd quarter valued at about $37,527,000. Livforsakringsbolaget Skandia Omsesidigt purchased a new position in shares of SEA in the 2nd quarter worth approximately $12,410,000. Finally, Nykredit A S bought a new position in shares of SEA during the 2nd quarter worth approximately $9,542,000. 59.53% of the stock is owned by hedge funds and other institutional investors.

SEA Company Profile

(Get Free Report)

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.

Further Reading

Insider Buying and Selling by Quarter for SEA (NYSE:SE)

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