SEA (NYSE:SE) Insider Yanjun Wang Sells 1,500 Shares

Sea Limited Sponsored ADR (NYSE:SE) insider Yanjun Wang sold 1,500 shares of the firm’s stock in a transaction dated Friday, July 10th. The stock was sold at an average price of $113.33, for a total value of $169,995.00. Following the sale, the insider directly owned 38,500 shares in the company, valued at approximately $4,363,205. This trade represents a 3.75% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

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

• On Monday, July 13th, Yanjun Wang sold 1,500 shares of SEA stock. The shares were sold at an average price of $112.35, for a total value of $168,525.00.
• On Thursday, July 9th, Yanjun Wang sold 1,200 shares of SEA stock. The shares were sold at an average price of $107.85, for a total value of $129,420.00.
• On Monday, July 6th, Yanjun Wang sold 1,200 shares of SEA stock. The stock was sold at an average price of $104.67, for a total value of $125,604.00.
• On Wednesday, July 1st, Yanjun Wang sold 1,200 shares of SEA stock. The stock was sold at an average price of $100.60, for a total value of $120,720.00.
• On Monday, June 29th, Yanjun Wang sold 1,000 shares of SEA stock. The stock was sold at an average price of $92.59, for a total transaction of $92,590.00.
• On Thursday, June 25th, Yanjun Wang sold 1,000 shares of SEA stock. The shares were sold at an average price of $90.22, for a total transaction of $90,220.00.
• On Wednesday, June 10th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $82.36, for a total transaction of $65,888.00.
• On Monday, June 8th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $84.39, for a total transaction of $67,512.00.
• On Friday, June 5th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $87.20, for a total transaction of $69,760.00.
• On Wednesday, June 3rd, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $90.53, for a total transaction of $72,424.00.

SEA Stock Down 1.1%

SE opened at $109.45 on Wednesday. Sea Limited Sponsored ADR has a fifty-two week low of $77.05 and a fifty-two week high of $199.30. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.56 and a current ratio of 1.58. The company has a fifty day moving average of $92.74 and a two-hundred day moving average of $99.55. The stock has a market capitalization of $66.88 billion, a price-to-earnings ratio of 43.09, a PEG ratio of 1.07 and a beta of 1.55.

SEA (NYSE:SE) last posted its earnings results on Tuesday, May 12th. The Internet company based in Singapore reported $0.67 earnings per share (EPS) for the quarter, missing the consensus estimate 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 for the quarter, compared to analysts’ expectations of $6.46 billion. During the same period in the previous year, the company earned $0.65 earnings per share. The company’s revenue was up 46.6% compared to the same quarter last year. On average, research analysts expect that Sea Limited Sponsored ADR will post 3.23 earnings per share for the current year.

Hedge Funds Weigh In On SEA

Several institutional investors and hedge funds have recently bought and sold shares of the company. Fred Alger Management LLC grew its stake in shares of SEA by 22.1% in the 3rd quarter. Fred Alger Management LLC now owns 2,886,441 shares of the Internet company based in Singapore’s stock valued at $515,894,000 after buying an additional 521,782 shares during the period. Capstone Capital Management Ltd purchased a new stake in shares of SEA during the 1st quarter valued at approximately $1,612,000. OVERSEA CHINESE BANKING Corp Ltd raised its position in shares of SEA by 24.4% during the 4th quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 1,791,660 shares of the Internet company based in Singapore’s stock valued at $228,549,000 after buying an additional 350,840 shares during the period. Ramirez Asset Management Inc. purchased a new stake in shares of SEA during the 4th quarter valued at approximately $3,560,000. Finally, Equitable Trust Co. lifted its holdings in SEA by 30.9% in the first quarter. Equitable Trust Co. now owns 187,558 shares of the Internet company based in Singapore’s stock valued at $15,532,000 after acquiring an additional 44,252 shares during the last quarter. 59.53% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the company. TD Cowen upped their target price on SEA from $100.00 to $108.00 and gave the stock a “hold” rating in a research note on Wednesday, May 13th. Jefferies Financial Group restated a “buy” rating on shares of SEA in a research report on Tuesday, May 12th. Barclays increased their price objective on shares of SEA from $120.00 to $122.00 and gave the company an “overweight” rating in a report on Thursday, May 14th. Weiss Ratings reiterated a “hold (c-)” rating on shares of SEA in a research report on Friday, March 27th. Finally, JPMorgan Chase & Co. decreased their price target on shares of SEA from $168.00 to $163.00 and set an “overweight” rating on the stock in a research note on Thursday, May 14th. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, SEA currently has a consensus rating of “Moderate Buy” and a consensus price target of $155.54.

Trending Headlines about SEA

Here are the key news stories impacting SEA this week:

• Neutral Sentiment: Several reports highlighted Sea Limited insider selling, including COO Gang Ye unloading shares through pre-arranged trading plans and another insider, Yanjun Wang, trimming a small stake. The sales were disclosed in SEC filings and appear to be routine, but they can still pressure the stock by raising concerns about insider confidence. Article Title
• Neutral Sentiment: Zacks and Yahoo Finance both ran pieces asking whether Sea Limited is a buy as Wall Street analysts remain optimistic. These articles reinforce that the stock still has analyst support, which may help offset some of the negative attention from insider transactions. Article Title
• Neutral Sentiment: A separate Zacks comparison of VTEX vs. SE focused on relative value rather than a company-specific catalyst, so it is unlikely to have a major immediate impact on Sea Limited shares. Article Title

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.