Key Points
- SEA COO Gang Ye sold 10,000 shares on June 3 at an average price of $90.47, generating about $904,700. After the sale, he still held 170,000 shares worth roughly $15.38 million.
- Ye has been steadily trimming his stake, with multiple 10,000-share sales reported in recent weeks at prices ranging from the low $80s to mid-$90s.
- SEA’s latest earnings were mixed: revenue came in above expectations at $7.10 billion and jumped 46.6% year over year, but EPS of $0.67 missed consensus estimates. Analysts currently rate the stock a Moderate Buy with a consensus target price of $155.54.
Sea Limited Sponsored ADR (NYSE:SE - Get Free Report) insider Yanjun Wang sold 800 shares of SEA stock in a transaction on Wednesday, June 3rd. The shares were sold at an average price of $90.53, for a total value of $72,424.00. Following the sale, the insider directly owned 5,200 shares of the company's stock, valued at $470,756. This represents a 13.33% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.
Yanjun Wang also recently made the following trade(s):
- On Monday, June 1st, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $96.11, for a total value of $76,888.00.
- On Thursday, May 28th, Yanjun Wang sold 800 shares of SEA stock. The shares were 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 shares were 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 shares were 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 shares were 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 shares were 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 shares were 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 shares were 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 shares were 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 shares were sold at an average price of $86.79, for a total value of $69,432.00.
SEA Price Performance
NYSE:SE opened at $92.04 on Friday. The firm has a market capitalization of $56.24 billion, a price-to-earnings ratio of 36.24, a P/E/G ratio of 0.93 and a beta of 1.57. Sea Limited Sponsored ADR has a 52-week low of $77.05 and a 52-week high of $199.30. The stock has a fifty day moving average of $86.89 and a 200 day moving average of $106.69. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.56 and a current ratio of 1.58.
SEA (NYSE:SE - Get Free Report) last posted its quarterly earnings data 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). The business had revenue of $7.10 billion for the quarter, compared to the consensus estimate of $6.46 billion. SEA had a net margin of 6.41% and a return on equity of 14.12%. SEA's quarterly revenue was up 46.6% on a year-over-year basis. During the same period in the prior year, the business posted $0.65 EPS. On average, research analysts expect that Sea Limited Sponsored ADR will post 3.33 EPS for the current fiscal year.
Wall Street Analysts Forecast Growth
Several equities research analysts have issued reports on the company. Jefferies Financial Group reaffirmed a "buy" rating on shares of SEA in a research note on Tuesday, May 12th. Weiss Ratings reaffirmed a "hold (c-)" rating on shares of SEA in a research note on Friday, March 27th. Sanford C. Bernstein dropped their price target on SEA from $170.00 to $150.00 and set an "outperform" rating for the company in a research note on Wednesday, March 4th. Bank of America reaffirmed a "buy" rating and set a $125.00 price target on shares of SEA in a research note on Monday, March 9th. Finally, Morgan Stanley set a $121.00 price target on SEA and gave the stock an "overweight" rating in a research note on Friday, March 13th. One 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. According to data from MarketBeat, SEA currently has a consensus rating of "Moderate Buy" and an average price target of $155.54.
Get Our Latest Analysis on SE
Institutional Inflows and Outflows
Large investors have recently modified their holdings of the stock. Rothschild Investment LLC increased its holdings in shares of SEA by 114.0% in the third quarter. Rothschild Investment LLC now owns 199 shares of the Internet company based in Singapore's stock worth $36,000 after buying an additional 106 shares during the period. Zions Bancorporation National Association UT increased its holdings in shares of 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 worth $39,000 after buying an additional 259 shares during the period. Holos Integrated Wealth LLC purchased a new position in shares of SEA in the fourth quarter worth about $44,000. Hillsdale Investment Management Inc. increased its holdings in shares of 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 worth $116,000 after buying an additional 200 shares during the period. Finally, Cornerstone Planning Group LLC increased its holdings in shares of 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 worth $83,000 after buying an additional 540 shares during the period. Hedge funds and other institutional investors own 59.53% of the company's stock.
About SEA
(
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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