Key Points
- SEA insider Yanjun Wang sold 1,000 shares at an average price of $95.37, generating $95,370 and reducing the position by 1.19% to 82,780 shares.
- Wang has made a series of additional sales since September, including 1,000 shares on October 12 and multiple transactions totaling more than $1 million.
- SEA reported quarterly revenue of $7.79 billion, up 48.3% year over year, but missed EPS expectations. Analysts maintain a consensus “Moderate Buy” rating with an average price target of $149.40.
Sea Limited Sponsored ADR (NYSE:SE - Get Free Report) insider Yanjun Wang sold 1,000 shares of the business's stock in a transaction dated Friday, October 9th. The stock was sold at an average price of $95.37, for a total value of $95,370.00. Following the completion of the transaction, the insider owned 82,780 shares in the company, valued at approximately $7,894,728.60. This trade represents a 1.19% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.
Yanjun Wang also recently made the following trade(s):
- On Monday, October 12th, Yanjun Wang sold 1,000 shares of SEA stock. The shares were sold at an average price of $95.87, for a total value of $95,870.00.
- On Wednesday, October 7th, Yanjun Wang sold 1,000 shares of SEA stock. The shares were sold at an average price of $94.91, for a total value of $94,910.00.
- On Monday, October 5th, Yanjun Wang sold 1,000 shares of SEA stock. The shares were sold at an average price of $97.27, for a total value of $97,270.00.
- 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 value of $95,150.00.
- On Wednesday, September 30th, Yanjun Wang sold 1,000 shares of SEA stock. The shares were sold at an average price of $97.67, for a total value 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 value of $98,650.00.
- On Friday, September 25th, Yanjun Wang sold 1,200 shares of SEA stock. The shares were sold at an average price of $100.04, for a total value 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 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 stock was sold at an average price of $101.55, for a total transaction of $121,860.00.
SEA Stock Up 0.2%
SE stock opened at $96.08 on Wednesday. Sea Limited Sponsored ADR has a twelve month low of $77.05 and a twelve month high of $184.96. 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 company has a market capitalization of $58.71 billion, a P/E ratio of 37.10, a PEG ratio of 0.98 and a beta of 1.54. The firm has a 50 day simple moving average of $108.76 and a 200-day simple moving average of $98.27.
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 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.86 by ($0.16). The company had revenue of $7.79 billion during the quarter, compared to the consensus estimate of $7.12 billion. SEA had a return on equity of 13.54% and a net margin of 5.98%. The firm's quarterly revenue was up 48.3% on a year-over-year basis. During the same quarter last year, the firm posted $0.65 EPS. On average, equities research analysts predict that Sea Limited Sponsored ADR will post 2.91 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
Several hedge funds have recently made changes to their positions in the company. Carrhae Capital LLP bought a new stake in shares of SEA in the 2nd quarter valued at approximately $140,501,000. SG Americas Securities LLC boosted its holdings in shares of SEA by 5.7% in the 1st quarter. SG Americas Securities LLC now owns 1,642,304 shares of the Internet company based in Singapore's stock valued at $135,999,000 after buying an additional 88,431 shares during the period. Baird Financial Group Inc. boosted its holdings in shares of SEA by 6.2% in the 2nd quarter. Baird Financial Group Inc. now owns 879,107 shares of the Internet company based in Singapore's stock valued at $84,245,000 after buying an additional 50,965 shares during the period. Carmignac Gestion boosted its holdings in shares of SEA by 2.2% in the 2nd quarter. Carmignac Gestion now owns 651,818 shares of the Internet company based in Singapore's stock valued at $62,349,000 after buying an additional 14,242 shares during the period. Finally, National Pension Service grew its position in shares of SEA by 10.0% during the 2nd quarter. National Pension Service now owns 605,437 shares of the Internet company based in Singapore's stock valued at $58,019,000 after buying an additional 54,819 shares during the last quarter. Institutional investors and hedge funds own 59.53% of the company's stock.
Wall Street Analysts Forecast Growth
Several research analysts have weighed in on the stock. Zacks Research lowered shares of SEA from a "hold" rating to a "strong sell" rating in a report on Tuesday, August 11th. Royal Bank Of Canada raised shares of SEA from a "sector perform" rating to a "buy" rating in a research report on Tuesday, September 8th. Barclays upped their target price on shares of SEA from $122.00 to $156.00 and gave the company an "overweight" rating in a research note on Wednesday, August 12th. Weiss Ratings raised shares of SEA from a "hold (c-)" rating to a "hold (c)" rating in a research report on Wednesday, August 12th. Finally, Sanford C. Bernstein reaffirmed an "outperform" rating on shares of SEA in a research report on Monday, July 20th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target 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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