Sea Limited Sponsored ADR (NYSE:SE – Get Free Report) insider Yanjun Wang sold 800 shares of the stock in a transaction on Monday, May 18th. The stock was sold at an average price of $88.06, for a total transaction of $70,448.00. Following the transaction, the insider directly owned 14,000 shares in the company, valued at approximately $1,232,840. This represents a 5.41% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.
Yanjun Wang also recently made the following trade(s):
- 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 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.
- On Friday, May 8th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $86.79, for a total transaction of $69,432.00.
- On Wednesday, May 6th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $88.38, for a total transaction of $70,704.00.
- On Monday, May 4th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $85.75, for a total transaction of $68,600.00.
- On Friday, May 1st, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $86.13, for a total transaction of $68,904.00.
- On Wednesday, April 29th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $83.31, for a total transaction of $66,648.00.
- On Monday, April 27th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $85.92, for a total transaction of $68,736.00.
SEA Stock Performance
SE opened at $88.94 on Friday. The company has a current ratio of 1.58, a quick ratio of 1.56 and a debt-to-equity ratio of 0.05. The company’s fifty day moving average price is $85.42 and its two-hundred day moving average price is $110.83. Sea Limited Sponsored ADR has a 1-year low of $77.05 and a 1-year high of $199.30. The company has a market cap of $54.35 billion, a price-to-earnings ratio of 35.02, a PEG ratio of 0.88 and a beta of 1.57.
Institutional Trading of SEA
Large investors have recently added to or reduced their stakes in the stock. Lingohr Asset Management GmbH increased its holdings in SEA by 219.4% during the third quarter. Lingohr Asset Management GmbH now owns 12,700 shares of the Internet company based in Singapore’s stock worth $2,270,000 after buying an additional 8,724 shares during the last quarter. Andra AP fonden increased its holdings in SEA by 7.0% during the third quarter. Andra AP fonden now owns 144,300 shares of the Internet company based in Singapore’s stock worth $25,791,000 after buying an additional 9,400 shares during the last quarter. Fred Alger Management LLC increased its holdings 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 buying an additional 521,782 shares during the last quarter. OVERSEA CHINESE BANKING Corp Ltd increased its holdings 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 buying an additional 350,840 shares during the last quarter. Finally, Rathbones Group PLC increased its holdings in SEA by 78.6% during the fourth quarter. Rathbones Group PLC now owns 22,015 shares of the Internet company based in Singapore’s stock worth $2,808,000 after buying an additional 9,688 shares during the last quarter. Hedge funds and other institutional investors own 59.53% of the company’s stock.
SEA News Summary
Here are the key news stories impacting SEA this week:
- Positive Sentiment: Sea’s first-quarter update was described as strong, with Shopee and digital financial services driving growth through higher orders, better revenue, loyalty program gains, logistics improvements, and expansion of the fintech business into Brazil. Sea First Quarter Strength Tests E Commerce And Fintech Margin Trade Off
- Positive Sentiment: Recent coverage has framed Sea as potentially undervalued, with continued market-share gains helping support the long-term growth story. Is Sea Limited Stock an Undervalued Stock to Buy?
- Neutral Sentiment: Analysts remain generally constructive after earnings, though J.P. Morgan trimmed its price target slightly while keeping an Overweight rating, suggesting the outlook is still favorable overall. Analysts Adjust Price Targets on Sea Limited (SE) After Q1 Report
- Negative Sentiment: Recent insider sales by COO Gang Ye and executives Jingye Chen and Yanjun Wang may be pressuring sentiment, as multiple executives reduced their holdings in recent days. SEC filing for Gang Ye sale
Analysts Set New Price Targets
SE has been the subject of several analyst reports. TD Cowen increased their target price on shares of SEA from $100.00 to $108.00 and gave the company a “hold” rating in a report on Wednesday, May 13th. Weiss Ratings reiterated a “hold (c-)” rating on shares of SEA in a report on Friday, March 27th. Morgan Stanley set a $121.00 target price on shares of SEA and gave the company an “overweight” rating in a report on Friday, March 13th. Barclays increased their target price on shares of SEA from $120.00 to $122.00 and gave the company an “overweight” rating in a report on Thursday, May 14th. Finally, Bank of America reiterated a “buy” rating and issued a $125.00 target price on shares of SEA in a report on Monday, March 9th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $158.41.
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.
Recommended Stories
- Five stocks we like better than SEA
- Meta Platforms 10% Layoff Raises a Bigger Question About AI Spending
- As Small-Cap Outperformance Continues, These 2 ETFs Provide Exposure
- Silicon Shake-Up: The AI Trade Is Moving Beyond NVIDIA
- The Silver Lining of Last Week’s Hims & Hers Earnings Miss
Receive News & Ratings for SEA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SEA and related companies with MarketBeat.com's FREE daily email newsletter.
