SEA (NYSE:SE) Insider Sells $124,896.00 in Stock

Sea Limited Sponsored ADR (NYSE:SE) insider Yanjun Wang sold 1,200 shares of the firm’s stock in a transaction that occurred on Monday, July 27th. The shares were sold at an average price of $104.08, for a total transaction of $124,896.00. Following the completion of the transaction, the insider directly owned 22,900 shares of the company’s stock, valued at approximately $2,383,432. The trade was a 4.98% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

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

• On Wednesday, July 29th, Yanjun Wang sold 1,500 shares of SEA stock. The stock was sold at an average price of $108.70, for a total transaction of $163,050.00.
• On Monday, July 20th, Yanjun Wang sold 1,200 shares of SEA stock. The stock was sold at an average price of $106.50, for a total value of $127,800.00.
• On Friday, July 24th, Yanjun Wang sold 1,200 shares of SEA stock. The stock was sold at an average price of $99.65, for a total transaction of $119,580.00.
• 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 transaction of $168,525.00.
• On Friday, July 10th, Yanjun Wang sold 1,500 shares of SEA stock. The shares were 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 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 transaction 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 stock was sold at an average price of $90.22, for a total transaction of $90,220.00.

SEA Stock Performance

Shares of SE stock opened at $106.23 on Friday. The stock’s 50-day moving average price is $96.70 and its 200 day moving average price is $97.27. The company has a quick ratio of 1.56, a current ratio of 1.58 and a debt-to-equity ratio of 0.05. The stock has a market capitalization of $64.91 billion, a PE ratio of 41.82, a price-to-earnings-growth ratio of 1.04 and a beta of 1.55. Sea Limited Sponsored ADR has a 52-week low of $77.05 and a 52-week high of $199.30.

SEA (NYSE:SE) last released its 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 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 analyst estimates of $6.46 billion. During the same quarter last year, the business posted $0.65 EPS. The firm’s revenue 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.

Hedge Funds Weigh In On SEA

Institutional investors and hedge funds have recently bought and sold shares of the stock. Zions Bancorporation National Association UT boosted its holdings in shares of SEA by 539.6% in the 4th quarter. Zions Bancorporation National Association UT now owns 307 shares of the Internet company based in Singapore’s stock valued at $39,000 after purchasing an additional 259 shares during the last quarter. Cornerstone Planning Group LLC increased its holdings in shares of SEA by 461.5% during the 4th quarter. Cornerstone Planning Group LLC now owns 657 shares of the Internet company based in Singapore’s stock worth $83,000 after buying an additional 540 shares during the last quarter. Cullen Frost Bankers Inc. increased its holdings in shares of 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 worth $144,000 after buying an additional 573 shares during the last quarter. Osbon Capital Management LLC purchased a new position in shares of SEA in the 4th quarter worth $175,000. Finally, Cloud Capital Management LLC raised its position in shares of SEA by 8.0% in the 4th quarter. Cloud Capital Management LLC now owns 2,005 shares of the Internet company based in Singapore’s stock worth $255,000 after buying an additional 148 shares during the period. Institutional investors and hedge funds own 59.53% of the company’s stock.

Analysts Set New Price Targets

SE has been the topic of several recent research reports. TD Cowen upped their price target on shares of SEA from $100.00 to $108.00 and gave the company a “hold” rating in a report on Wednesday, May 13th. Barclays raised their price objective on shares of SEA from $120.00 to $122.00 and gave the stock an “overweight” rating in a research note on Thursday, May 14th. Jefferies Financial Group restated a “buy” rating on shares of SEA in a research report on Tuesday, May 12th. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of SEA in a research note on Monday, July 20th. Finally, Zacks Research upgraded SEA from a “strong sell” rating to a “hold” rating in a report on Monday, June 1st. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, SEA presently has a consensus rating of “Moderate Buy” and a consensus 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.