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

Sea Limited Sponsored ADR (NYSE:SE) insider Yanjun Wang sold 1,500 shares of the company’s stock in a transaction that occurred on Monday, July 13th. The shares were sold at an average price of $112.35, for a total value of $168,525.00. Following the sale, the insider owned 37,000 shares in the company, valued at approximately $4,156,950. This trade represents a 3.90% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

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

• On Friday, July 10th, Yanjun Wang sold 1,500 shares of SEA stock. The stock was sold at an average price of $113.33, for a total value of $169,995.00.
• On Thursday, July 9th, Yanjun Wang sold 1,200 shares of SEA stock. The stock was 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 shares were 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 shares were 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 value of $92,590.00.
• On Thursday, June 25th, Yanjun Wang sold 1,000 shares of SEA stock. The stock was sold at an average price of $90.22, for a total value of $90,220.00.
• On Wednesday, June 10th, Yanjun Wang sold 800 shares of SEA stock. The stock was 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 shares were 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 shares were 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 Price Performance

SEA stock opened at $111.48 on Thursday. Sea Limited Sponsored ADR has a 12-month low of $77.05 and a 12-month high of $199.30. 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 firm has a 50-day moving average price of $93.18 and a 200-day moving average price of $99.45. The firm has a market capitalization of $68.12 billion, a PE ratio of 43.89, a price-to-earnings-growth ratio of 1.05 and a beta of 1.55.

SEA (NYSE:SE) last issued its quarterly earnings results on Tuesday, May 12th. The Internet company based in Singapore reported $0.67 EPS for the quarter, missing the consensus estimate of $0.75 by ($0.08). SEA had a net margin of 6.41% and a return on equity of 14.12%. The firm had revenue of $7.10 billion for the quarter, compared to the consensus estimate of $6.46 billion. During the same quarter in the previous year, the company posted $0.65 earnings per share. The business’s revenue for the quarter was up 46.6% on a year-over-year basis. As a group, equities research analysts forecast that Sea Limited Sponsored ADR will post 3.23 EPS for the current year.

Institutional Trading of SEA

Several institutional investors and hedge funds have recently modified their holdings of SE. Zions Bancorporation National Association UT raised its stake in shares of SEA by 539.6% during the fourth quarter. Zions Bancorporation National Association UT now owns 307 shares of the Internet company based in Singapore’s stock valued at $39,000 after acquiring an additional 259 shares in the last quarter. Holos Integrated Wealth LLC purchased a new position in SEA during the 4th quarter worth $44,000. Cornerstone Planning Group LLC increased its holdings in SEA by 26.5% during the 1st quarter. Cornerstone Planning Group LLC now owns 831 shares of the Internet company based in Singapore’s stock worth $70,000 after purchasing an additional 174 shares during the period. Cullen Frost Bankers Inc. raised its position in SEA by 102.5% during the 4th quarter. Cullen Frost Bankers Inc. now owns 1,132 shares of the Internet company based in Singapore’s stock valued at $144,000 after purchasing an additional 573 shares in the last quarter. Finally, Osbon Capital Management LLC bought a new stake in SEA during the 4th quarter valued at $175,000. Institutional investors own 59.53% of the company’s stock.

Wall Street Analyst Weigh In

SE has been the topic of a number of analyst reports. Jefferies Financial Group reaffirmed a “buy” rating on shares of SEA in a research note on Tuesday, May 12th. Barclays raised their price target on SEA from $120.00 to $122.00 and gave the stock an “overweight” rating in a research note on Thursday, May 14th. Weiss Ratings restated a “hold (c-)” rating on shares of SEA in a report on Friday, March 27th. Zacks Research raised SEA from a “strong sell” rating to a “hold” rating in a research report on Monday, June 1st. Finally, JPMorgan Chase & Co. reduced their target price on SEA from $168.00 to $163.00 and set an “overweight” rating on the stock in a research note on Thursday, May 14th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $155.54.

Key SEA News

Here are the key news stories impacting SEA this week:

• Positive Sentiment: Wall Street sentiment remains constructive, with Sea Limited still carrying a consensus “Moderate Buy” rating and a target price well above recent trading levels, which may help support the stock. Article Title
• Neutral Sentiment: Recent analysis pieces compared SE with peers and asked whether the stock remains a value or buy candidate, but these articles were mostly commentary rather than new company-specific catalysts. Article Title
• Negative Sentiment: Multiple insider sales in a short period, including trades by COO Gang Ye and insider Yanjun Wang, may create short-term selling pressure and raise questions about insider confidence, even if some transactions were pre-planned. Article Title

About SEA

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.