SEA (NYSE:SE) Insider Yanjun Wang Sells 800 Shares

Key Points

  • Insider Yanjun Wang sold 800 shares on Mar. 18, Mar. 20 and Mar. 23 at average prices of $85.10, $79.63 and $80.12 respectively (total ~2,400 shares, roughly $195,880), reducing his stake to 35,600 shares (a 2.20% decrease) — the transactions were disclosed in SEC filings.
  • Wang's sales are part of a broader wave of insider selling this week — including COO Gang Ye (~20,000 shares, ~$1.6M) and a director sale (~$6.18M) — while SE stock is down ~2% after the company posted a quarterly EPS miss ($0.63 vs. $0.91) despite revenue beating estimates with 38% year‑over‑year growth.

Sea Limited Sponsored ADR (NYSE:SE - Get Free Report) insider Yanjun Wang sold 800 shares of the stock in a transaction that occurred on Friday, March 20th. The stock was sold at an average price of $79.63, for a total value of $63,704.00. Following the transaction, the insider owned 35,600 shares in the company, valued at $2,834,828. This represents a 2.20% decrease in their position. The sale 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, March 23rd, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $80.12, for a total value of $64,096.00.
  • On Wednesday, March 18th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $85.10, for a total value of $68,080.00.

SEA Trading Down 2.0%

Shares of SE stock opened at $78.17 on Wednesday. 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 $46.05 billion, a price-to-earnings ratio of 31.02, a PEG ratio of 0.74 and a beta of 1.59. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.58 and a quick ratio of 1.57. The stock has a 50 day simple moving average of $105.64 and a 200-day simple moving average of $136.98.




SEA (NYSE:SE - Get Free Report) last released its quarterly earnings results on Tuesday, March 3rd. The Internet company based in Singapore reported $0.63 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.91 by ($0.28). The company had revenue of $6.85 billion during the quarter, compared to analyst estimates of $6.42 billion. SEA had a net margin of 6.93% and a return on equity of 15.20%. SEA's revenue was up 38.4% compared to the same quarter last year. During the same period in the prior year, the business posted $0.39 EPS. On average, equities research analysts expect that Sea Limited Sponsored ADR will post 0.74 EPS for the current fiscal year.

Key Stories Impacting SEA

Here are the key news stories impacting SEA this week:

Institutional Trading of SEA

Several large investors have recently bought and sold shares of the business. Fred Alger Management LLC raised its stake in SEA by 22.1% during the 3rd 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 acquiring an additional 521,782 shares in the last quarter. Charles Lim Capital Ltd boosted its stake in SEA by 172.7% in the fourth 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 acquiring an additional 475,000 shares in the last quarter. OVERSEA CHINESE BANKING Corp Ltd boosted its stake in SEA by 24.4% in the fourth 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 acquiring an additional 350,840 shares in the last quarter. PFA Pension Forsikringsaktieselskab purchased a new position in shares of SEA during the fourth quarter worth about $26,282,000. Finally, State of Tennessee Department of Treasury grew its holdings in shares of SEA by 32.4% during the fourth quarter. State of Tennessee Department of Treasury now owns 718,949 shares of the Internet company based in Singapore's stock worth $83,750,000 after purchasing an additional 175,746 shares during the last quarter. Hedge funds and other institutional investors own 59.53% of the company's stock.

Analyst Ratings Changes

SE has been the subject of a number of research reports. Sanford C. Bernstein cut their target price on shares of SEA from $170.00 to $150.00 and set an "outperform" rating for the company in a research note on Wednesday, March 4th. Barclays lowered their price objective on SEA from $226.00 to $120.00 and set an "overweight" rating on the stock in a report on Thursday, March 5th. Morgan Stanley set a $121.00 price objective on SEA and gave the stock an "overweight" rating in a research note on Friday, March 13th. Jefferies Financial Group reissued a "buy" rating and set a $150.00 target price on shares of SEA in a report on Tuesday, March 3rd. Finally, Zacks Research downgraded SEA from a "hold" rating to a "strong sell" rating in a research report on Wednesday, December 10th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $166.83.

Check Out Our Latest Report on SEA

SEA Company Profile

(Get Free Report)

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.

See Also

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

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