SEA (NYSE:SE) Stock: Insider Yanjun Wang Sells 800 Shares

Sea Limited Sponsored ADR (NYSE:SE - Get Free Report) insider Yanjun Wang sold 800 shares of the firm's stock in a transaction that occurred on Tuesday, October 20th. The stock was sold at an average price of $81.61, for a total transaction of $65,288.00. Following the sale, the insider owned 75,980 shares of the company's stock, valued at approximately $6,200,727.80. This represents a 1.04% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

• MarketBeat Week in Review – 10/12 - 10/16

Yanjun Wang also recently made the following trade(s):

• On Monday, October 19th, Yanjun Wang sold 1,000 shares of SEA stock. The shares were sold at an average price of $90.37, for a total transaction of $90,370.00.
• On Friday, October 16th, Yanjun Wang sold 1,000 shares of SEA stock. The shares were sold at an average price of $95.43, for a total transaction of $95,430.00.
• On Wednesday, October 14th, Yanjun Wang sold 1,000 shares of SEA stock. The shares were sold at an average price of $95.49, for a total transaction of $95,490.00.
• On Monday, October 12th, Yanjun Wang sold 1,000 shares of SEA stock. The stock was sold at an average price of $95.87, for a total transaction of $95,870.00.
• On Friday, October 9th, Yanjun Wang sold 1,000 shares of SEA stock. The shares were sold at an average price of $95.37, for a total transaction of $95,370.00.
• 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 transaction 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 transaction of $97,270.00.
• On Friday, October 2nd, Yanjun Wang sold 1,000 shares of SEA stock. The shares were 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 stock was sold at an average price of $98.65, for a total transaction of $98,650.00.

SEA Price Performance

---

---

Shares of NYSE:SE opened at $77.89 on Thursday. The company has a current ratio of 1.49, a quick ratio of 1.48 and a debt-to-equity ratio of 0.07. Sea Limited Sponsored ADR has a 1 year low of $75.99 and a 1 year high of $164.03. The business has a fifty day simple moving average of $105.15 and a 200 day simple moving average of $98.63. The firm has a market cap of $47.59 billion, a price-to-earnings ratio of 30.07, a P/E/G ratio of 0.82 and a beta of 1.54.

• Securitize's Blockchain Ambitions Face a Reality Check

SEA (NYSE:SE - Get Free Report) last released 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 analysts' consensus estimates of $0.86 by ($0.16). SEA had a net margin of 5.98% and a return on equity of 13.54%. The firm had revenue of $7.79 billion for the quarter, compared to analyst estimates of $7.12 billion. During the same period in the previous year, the business posted $0.65 EPS. SEA's revenue for the quarter was up 48.3% on a year-over-year basis. As a group, sell-side analysts predict that Sea Limited Sponsored ADR will post 2.91 earnings per share for the current fiscal year.

Institutional Investors Weigh In On SEA

Several institutional investors and hedge funds have recently modified their holdings of the business. Grove Bank & Trust boosted its holdings in SEA by 53.9% in the third quarter. Grove Bank & Trust now owns 614 shares of the Internet company based in Singapore's stock worth $60,000 after purchasing an additional 215 shares in the last quarter. Cornerstone Planning Group LLC increased its position in 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 buying an additional 174 shares during the last quarter. Independence Bank of Kentucky increased its position in SEA by 611.1% during 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 buying an additional 1,100 shares during the last quarter. B. Riley Wealth Advisors Inc. bought a new position in SEA during the third quarter valued at about $206,000. Finally, HB Wealth Management LLC bought a new position in SEA during the second quarter valued at about $203,000. Institutional investors and hedge funds own 59.53% of the company's stock.

Key Headlines Impacting SEA

• Solaris Rides the AI Boom as Risks Mount

Here are the key news stories impacting SEA this week:

• Positive Sentiment: Sea is preparing to launch Sea Cloud, an AI-focused enterprise platform built on the infrastructure supporting Shopee, Garena and Monee. The initiative could create a new growth opportunity by commercializing the company’s technology capabilities. Sea Stock Trades Down, Here Is Why
• Positive Sentiment: Sea is considering an initial public offering or potential spin-off of its digital financial-services division, Monee. A separate listing could highlight the unit’s value, provide funding for expansion and give investors greater transparency into the business. Sea CEO Says Monee Could Go Public
• Neutral Sentiment: Investor attention toward Sea has increased, with Zacks highlighting the stock as a trending name. However, the report does not identify a definitive new earnings or valuation catalyst. Is Trending Stock Sea a Buy Now?
• Neutral Sentiment: Unusually active options trading included purchases of 11,763 call contracts, above typical daily volume. This may indicate speculative bullish interest, but it does not necessarily translate into sustained buying of the shares.
• Negative Sentiment: The proposed Sea Cloud launch and possible Monee IPO appear to have raised concerns about management focus, added investment requirements and execution risk. Investors may also be uncertain about the timing and valuation of any Monee transaction. Sea Stock Trades Down, Here Is Why
• Negative Sentiment: Insider selling added pressure: CFO Tianyu Hou sold 10,000 shares for approximately $890,300, reducing his holdings by 22.2%. Director Yanjun Wang also sold a combined 1,800 shares in two transactions. While these sales may be planned, repeated insider selling can weaken investor confidence. SEC Insider Filing

Analysts Set New Price Targets

SE has been the subject of several research reports. Benchmark lifted their price target on SEA from $140.00 to $175.00 and gave the company a "buy" rating in a report on Wednesday, August 12th. Zacks Research upgraded SEA from a "strong sell" rating to a "hold" rating in a report on Monday, October 12th. Barclays raised 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. Morgan Stanley reaffirmed an "overweight" rating and set a $153.00 price objective on shares of SEA in a research report on Thursday, August 13th. Finally, Weiss Ratings upgraded shares of SEA from a "hold (c-)" rating to a "hold (c)" rating in a research note on Wednesday, August 12th. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and three have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $149.40.

View Our Latest Report on SE

About SEA

(Get Free Report)

Sea Limited is a Singapore-based global technology company founded in 2009. Formerly known as Garena, the company operates digital businesses serving consumers and merchants primarily in Southeast Asia, Taiwan and selected markets in Latin America and other regions.

Through Shopee, Sea's e-commerce platform, the company provides online marketplaces that connect buyers and sellers and offer supporting services such as payments, logistics and merchant tools. Garena, its digital entertainment business, develops and publishes online games and distributes third-party titles, while also operating digital entertainment platforms and services.

SeaMoney is the company's digital financial services division.

Featured Articles

• Five stocks we like better than SEA
• GM Beat and Added a $20 Billion Buyback—Why Did the Stock Fall?
• Intercepting Growth: Karman Secures $218M Lockheed Martin Deal
• Tech Stocks Took a Hit—These 2 Pharma Stocks Are Near New Highs
• Chip Stocks Have Pulled Back—Here's How 3 Semiconductor ETFs Stack Up for Investors

This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].