Key Points
- SEA insider Yanjun Wang sold 1,200 shares at an average price of $102.76, generating $123,312 and reducing the insider’s position by 1.25% to 95,180 shares.
- Wang has made a series of stock sales since late August, including multiple 1,200- to 1,500-share transactions, indicating continued insider selling.
- SEA shares opened at $99.66, while analysts maintain a consensus “Moderate Buy” rating with a $149.40 target price. The company’s latest revenue rose 48.3% year over year to $7.79 billion, though quarterly EPS of $0.70 missed estimates.
Sea Limited Sponsored ADR (NYSE:SE - Get Free Report) insider Yanjun Wang sold 1,200 shares of the stock in a transaction on Wednesday, September 23rd. The shares were sold at an average price of $102.76, for a total value of $123,312.00. Following the sale, the insider directly owned 95,180 shares in the company, valued at $9,780,696.80. This trade represents a 1.25% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.
Yanjun Wang also recently made the following trade(s):
- On Monday, September 21st, Yanjun Wang sold 1,200 shares of SEA stock. The shares were sold at an average price of $102.00, for a total transaction of $122,400.00.
- On Thursday, September 17th, Yanjun Wang sold 1,200 shares of SEA stock. The shares were sold at an average price of $101.55, for a total transaction of $121,860.00.
- On Tuesday, September 15th, Yanjun Wang sold 1,200 shares of SEA stock. The stock was sold at an average price of $103.84, for a total transaction of $124,608.00.
- On Monday, September 14th, Yanjun Wang sold 1,500 shares of SEA stock. The stock was sold at an average price of $108.32, for a total transaction of $162,480.00.
- On Thursday, September 10th, Yanjun Wang sold 1,200 shares of SEA stock. The stock was sold at an average price of $107.99, for a total transaction of $129,588.00.
- On Wednesday, September 9th, Yanjun Wang sold 1,320 shares of SEA stock. The shares were sold at an average price of $108.88, for a total transaction of $143,721.60.
- On Tuesday, September 8th, Yanjun Wang sold 1,500 shares of SEA stock. The shares were sold at an average price of $112.75, for a total transaction of $169,125.00.
- On Friday, September 4th, Yanjun Wang sold 1,500 shares of SEA stock. The stock was sold at an average price of $113.29, for a total transaction of $169,935.00.
- On Wednesday, September 2nd, Yanjun Wang sold 1,500 shares of SEA stock. The stock was sold at an average price of $112.48, for a total transaction of $168,720.00.
- On Monday, August 31st, Yanjun Wang sold 1,500 shares of SEA stock. The stock was sold at an average price of $114.07, for a total value of $171,105.00.
SEA Stock Performance
Shares of SE opened at $99.66 on Friday. Sea Limited Sponsored ADR has a 12 month low of $77.05 and a 12 month high of $193.48. The stock has a fifty day moving average price of $111.16 and a 200-day moving average price of $97.20. The company has a current ratio of 1.49, a quick ratio of 1.48 and a debt-to-equity ratio of 0.07. The firm has a market cap of $60.89 billion, a PE ratio of 38.48, a P/E/G ratio of 1.01 and a beta of 1.51.
SEA (NYSE:SE - Get Free Report) last posted its quarterly earnings data on Tuesday, August 11th. The Internet company based in Singapore reported $0.70 earnings per share for the quarter, missing analysts' consensus estimates of $0.86 by ($0.16). SEA had a return on equity of 13.54% and a net margin of 5.98%.The business had revenue of $7.79 billion during the quarter, compared to analyst estimates of $7.12 billion. During the same period in the previous year, the business earned $0.65 EPS. The firm's revenue for the quarter was up 48.3% compared to the same quarter last year. Equities research analysts predict that Sea Limited Sponsored ADR will post 2.91 earnings per share for the current fiscal year.
Wall Street Analysts Forecast Growth
Several equities research analysts have weighed in on SE shares. Sanford C. Bernstein reissued an "outperform" rating on shares of SEA in a report on Monday, July 20th. Zacks Research downgraded shares of SEA from a "hold" rating to a "strong sell" rating in a report on Tuesday, August 11th. Weiss Ratings raised shares of SEA from a "hold (c-)" rating to a "hold (c)" rating in a research report on Wednesday, August 12th. Royal Bank Of Canada upgraded shares of SEA from a "sector perform" rating to a "buy" rating in a research note on Tuesday, September 8th. Finally, Morgan Stanley reissued an "overweight" rating and set a $153.00 target price on shares of SEA in a research report on Thursday, August 13th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $149.40.
Read Our Latest Report on SEA
Institutional Trading of SEA
Several large investors have recently added to or reduced their stakes in SE. Raiffeisen Bank International AG grew its stake in SEA by 1.8% during the 2nd quarter. Raiffeisen Bank International AG now owns 6,405 shares of the Internet company based in Singapore's stock valued at $595,000 after purchasing an additional 115 shares during the last quarter. SlateStone Wealth LLC raised its stake in shares of SEA by 0.5% in the fourth quarter. SlateStone Wealth LLC now owns 31,098 shares of the Internet company based in Singapore's stock worth $3,967,000 after purchasing an additional 150 shares during the last quarter. GAMMA Investing LLC lifted its holdings in shares of SEA by 6.6% during the second quarter. GAMMA Investing LLC now owns 2,730 shares of the Internet company based in Singapore's stock worth $262,000 after purchasing an additional 170 shares during the period. Cornerstone Planning Group LLC lifted its holdings in shares of SEA by 26.5% during the first 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. Finally, Dorsey Wright & Associates boosted its position in SEA by 2.3% in the fourth quarter. Dorsey Wright & Associates now owns 13,016 shares of the Internet company based in Singapore's stock valued at $1,660,000 after buying an additional 298 shares during the last quarter. 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 global consumer internet company that develops and operates digital services across entertainment, e-commerce and financial technology. Founded in 2009 as Garena, the company adopted the Sea name in 2017 as it expanded beyond online gaming.
Garena, Sea's digital entertainment business, publishes and develops online games, including the widely distributed mobile battle royale title Free Fire. Garena also provides an online platform for game-related content and community activities.
Shopee operates an e-commerce marketplace that connects consumers, sellers and brands.
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