Sea Limited Sponsored ADR (NYSE:SE - Get Free Report) insider Yanjun Wang sold 800 shares of SEA stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $96.11, for a total value of $76,888.00. Following the completion of the sale, the insider owned 6,800 shares in the company, valued at approximately $653,548. The trade was a 10.53% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.
Yanjun Wang also recently made the following trade(s):
- On Thursday, May 28th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $91.98, for a total value of $73,584.00.
- On Tuesday, May 26th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $89.45, for a total value of $71,560.00.
- On Friday, May 22nd, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $87.87, for a total value of $70,296.00.
- 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 value of $69,072.00.
- On Monday, May 18th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $88.06, for a total value of $70,448.00.
- 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 value 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 value 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 value 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 value 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 value of $70,704.00.
SEA Trading Down 2.1%
Shares of SEA stock opened at $93.20 on Wednesday. The stock has a market cap of $56.95 billion, a P/E ratio of 36.69, a P/E/G ratio of 0.99 and a beta of 1.57. The stock's 50 day simple moving average is $86.13 and its 200-day simple moving average is $107.75. Sea Limited Sponsored ADR has a 1-year low of $77.05 and a 1-year high of $199.30. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.58 and a quick ratio of 1.56.
SEA (NYSE:SE - Get Free Report) last issued its earnings results on Tuesday, May 12th. The Internet company based in Singapore reported $0.67 earnings per share for the quarter, missing the consensus estimate of $0.75 by ($0.08). The company had revenue of $7.10 billion for the quarter, compared to analyst estimates of $6.46 billion. SEA had a return on equity of 14.12% and a net margin of 6.41%.The company's revenue for the quarter was up 46.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.65 earnings per share. Analysts predict that Sea Limited Sponsored ADR will post 3.33 EPS for the current fiscal year.
Analysts Set New Price Targets
Several brokerages have recently weighed in on SE. Sanford C. Bernstein lowered their target price on SEA from $170.00 to $150.00 and set an "outperform" rating on the stock in a report on Wednesday, March 4th. Jefferies Financial Group reiterated a "buy" rating on shares of SEA in a report on Tuesday, May 12th. JPMorgan Chase & Co. decreased their price objective on SEA from $168.00 to $163.00 and set an "overweight" rating on the stock in a report on Thursday, May 14th. Bank of America reiterated a "buy" rating and issued a $125.00 price objective on shares of SEA in a report on Monday, March 9th. Finally, TD Cowen upped their price objective on SEA from $100.00 to $108.00 and gave the company a "hold" rating in a report on Wednesday, May 13th. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $155.54.
Read Our Latest Report on SEA
Institutional Trading of SEA
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Rothschild Investment LLC raised its position in SEA by 114.0% in the third quarter. Rothschild Investment LLC now owns 199 shares of the Internet company based in Singapore's stock valued at $36,000 after purchasing an additional 106 shares during the period. Zions Bancorporation National Association UT raised its position in SEA by 539.6% in 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 purchasing an additional 259 shares during the period. Holos Integrated Wealth LLC purchased a new stake in SEA in the fourth quarter valued at approximately $44,000. Hillsdale Investment Management Inc. raised its position in SEA by 44.4% in the third quarter. Hillsdale Investment Management Inc. now owns 650 shares of the Internet company based in Singapore's stock valued at $116,000 after purchasing an additional 200 shares during the period. Finally, Cornerstone Planning Group LLC raised its position in SEA by 461.5% in the fourth quarter. Cornerstone Planning Group LLC now owns 657 shares of the Internet company based in Singapore's stock valued at $83,000 after purchasing an additional 540 shares during the period. Hedge funds and other institutional investors own 59.53% of the company's stock.
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.
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