Key Points
- SEA insider Yanjun Wang sold 1,200 shares at an average price of $100.04, generating $120,048 and reducing the insider’s holdings by 1.28% to 92,780 shares.
- Wang has made multiple SEA sales recently, including 1,000 shares on September 28 and several additional transactions throughout September, indicating continued insider selling.
- SEA reported 48.3% year-over-year revenue growth to $7.79 billion in its latest quarter, though earnings per share missed estimates. Analysts maintain a “Moderate Buy” consensus with an average price target of $149.40, above the stock’s reported $98.43 opening price.
Sea Limited Sponsored ADR (NYSE:SE - Get Free Report) insider Yanjun Wang sold 1,000 shares of SEA stock in a transaction that occurred on Monday, September 28th. The shares were sold at an average price of $98.65, for a total transaction of $98,650.00. Following the sale, the insider owned 91,780 shares of the company's stock, valued at approximately $9,054,097. The trade was a 1.08% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.
Yanjun Wang also recently made the following trade(s):
- On Friday, September 25th, Yanjun Wang sold 1,200 shares of SEA stock. The stock was sold at an average price of $100.04, for a total transaction of $120,048.00.
- On Wednesday, September 23rd, Yanjun Wang sold 1,200 shares of SEA stock. The shares were sold at an average price of $102.76, for a total transaction of $123,312.00.
- On Monday, September 21st, Yanjun Wang sold 1,200 shares of SEA stock. The stock was 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 value of $121,860.00.
- On Tuesday, September 15th, Yanjun Wang sold 1,200 shares of SEA stock. The shares were sold at an average price of $103.84, for a total value 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 value 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 value 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 value 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 value 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 value of $169,935.00.
SEA Stock Performance
NYSE:SE opened at $98.43 on Wednesday. The company has a market capitalization of $60.14 billion, a price-to-earnings ratio of 38.00, a PEG ratio of 1.01 and a beta of 1.51. The business has a 50 day moving average of $110.86 and a 200 day moving average of $97.39. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.49 and a quick ratio of 1.48. Sea Limited Sponsored ADR has a 1-year low of $77.05 and a 1-year high of $193.48.
SEA (NYSE:SE - Get Free Report) last issued its quarterly earnings results on Tuesday, August 11th. The Internet company based in Singapore reported $0.70 EPS for the quarter, missing analysts' consensus estimates of $0.86 by ($0.16). The business had revenue of $7.79 billion for the quarter, compared to the consensus estimate of $7.12 billion. SEA had a net margin of 5.98% and a return on equity of 13.54%. The firm's revenue was up 48.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.65 earnings per share. On average, sell-side analysts predict that Sea Limited Sponsored ADR will post 2.91 earnings per share for the current fiscal year.
Analysts Set New Price Targets
SE has been the subject of several research analyst reports. Morgan Stanley reiterated an "overweight" rating and issued a $153.00 price objective on shares of SEA in a report on Thursday, August 13th. Zacks Research downgraded SEA from a "hold" rating to a "strong sell" rating in a report on Tuesday, August 11th. Arete Research set a $152.00 price target on shares of SEA and gave the company a "buy" rating in a research report on Monday, September 7th. Barclays increased their price objective on SEA from $122.00 to $156.00 and gave the company an "overweight" rating in a research report on Wednesday, August 12th. Finally, Royal Bank Of Canada raised SEA from a "sector perform" rating to a "buy" rating in a research report on Tuesday, September 8th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $149.40.
Get Our Latest Report on SE
Institutional Inflows and Outflows
Institutional investors have recently made changes to their positions in the stock. Cornerstone Planning Group LLC lifted its position in SEA by 26.5% in the first quarter. Cornerstone Planning Group LLC now owns 831 shares of the Internet company based in Singapore's stock worth $70,000 after buying an additional 174 shares during the last quarter. Independence Bank of Kentucky lifted its stake in SEA by 611.1% in the second quarter. Independence Bank of Kentucky now owns 1,280 shares of the Internet company based in Singapore's stock worth $123,000 after purchasing an additional 1,100 shares during the last quarter. Osbon Capital Management LLC bought a new stake in SEA in the fourth quarter worth about $175,000. HB Wealth Management LLC purchased a new position in shares of SEA during the second quarter valued at approximately $203,000. Finally, Rehmann Capital Advisory Group purchased a new position in shares of SEA during the second quarter valued at approximately $212,000. Institutional investors own 59.53% of the company's stock.
SEA Company Profile
(
Get Free Report)
Sea Limited is a Singapore-based technology company that operates digital consumer businesses across Southeast Asia, Taiwan and selected markets in Latin America and other regions. Founded in 2009, the company was formerly known as Garena Interactive Holding Limited and changed its name to Sea Limited in 2017 before completing its initial public offering on the New York Stock Exchange that year.
Sea's principal businesses include Garena, a digital entertainment platform that publishes and develops online games and provides related digital content and services.
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