Key Points
- Insider selling: Yanjun Wang sold 1,000 SEA shares at an average price of $97.27, generating $97,270. Following the sale, Wang retained 86,780 shares valued at approximately $8.44 million.
- Repeated sales: The transaction was part of a series of insider sales dating back to September 10, totaling several thousand shares as prices generally declined from above $100.
- Company and analyst outlook: SEA reported quarterly revenue of $7.79 billion, up 48.3% year over year, but missed the EPS consensus estimate. Analysts maintain a “Moderate Buy” consensus with an average price target of $149.40, while institutional investors own 59.53% of the stock.
Sea Limited Sponsored ADR (NYSE:SE - Get Free Report) insider Yanjun Wang sold 1,000 shares of the firm's stock in a transaction that occurred on Monday, October 5th. The shares were sold at an average price of $97.27, for a total transaction of $97,270.00. Following the completion of the transaction, the insider directly owned 86,780 shares of the company's stock, valued at approximately $8,441,090.60. The trade was a 1.14% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.
Yanjun Wang also recently made the following trade(s):
- On Friday, October 2nd, Yanjun Wang sold 1,000 shares of SEA stock. The stock was sold at an average price of $95.15, for a total transaction of $95,150.00.
- On Wednesday, September 30th, Yanjun Wang sold 1,000 shares of SEA stock. The stock was sold at an average price of $97.67, for a total transaction of $97,670.00.
- On Monday, September 28th, Yanjun Wang sold 1,000 shares of SEA stock. The shares were sold at an average price of $98.65, for a total transaction of $98,650.00.
- 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 stock was sold at an average price of $102.76, for a total value of $123,312.00.
- 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 value 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.
SEA Price Performance
Shares of NYSE SE opened at $94.53 on Thursday. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.49 and a quick ratio of 1.48. The company has a market cap of $57.76 billion, a price-to-earnings ratio of 36.50, a price-to-earnings-growth ratio of 0.98 and a beta of 1.54. The stock's 50-day moving average is $109.87 and its two-hundred day moving average is $97.85. 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 announced its quarterly earnings data on Tuesday, August 11th. The Internet company based in Singapore reported $0.70 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.86 by ($0.16). SEA had a net margin of 5.98% and a return on equity of 13.54%. The company had revenue of $7.79 billion during the quarter, compared to analysts' expectations of $7.12 billion. During the same quarter in the previous year, the business posted $0.65 EPS. The business's quarterly revenue was up 48.3% compared to the same quarter last year. Analysts forecast that Sea Limited Sponsored ADR will post 2.91 EPS for the current fiscal year.
Institutional Investors Weigh In On SEA
Hedge funds and other institutional investors have recently made changes to their positions in the business. Carrhae Capital LLP acquired a new stake in shares of SEA in the second quarter valued at about $140,501,000. Charles Lim Capital Ltd grew its position in SEA by 172.7% during the fourth quarter. Charles Lim Capital Ltd now owns 750,000 shares of the Internet company based in Singapore's stock worth $95,678,000 after buying an additional 475,000 shares during the period. Public Employees Retirement System of Ohio purchased a new position in SEA in the second quarter valued at about $37,527,000. Livforsakringsbolaget Skandia Omsesidigt purchased a new position in SEA in the second quarter valued at about $12,410,000. Finally, Nykredit A S acquired a new stake in shares of SEA during the 2nd quarter valued at approximately $9,542,000. Institutional investors and hedge funds own 59.53% of the company's stock.
Analyst Upgrades and Downgrades
A number of research analysts recently issued reports on SE shares. 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. Barclays increased their price objective on shares of SEA from $122.00 to $156.00 and gave the company an "overweight" rating in a research report on Wednesday, August 12th. Weiss Ratings upgraded shares of SEA from a "hold (c-)" rating to a "hold (c)" rating in a report on Wednesday, August 12th. Zacks Research lowered shares of SEA from a "hold" rating to a "strong sell" rating in a report on Tuesday, August 11th. Finally, Benchmark lifted their price objective on shares of SEA from $140.00 to $175.00 and gave the stock a "buy" rating in a research report on Wednesday, August 12th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $149.40.
Get Our Latest Stock Analysis on SE
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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