Key Points
- SEA insider Yanjun Wang sold 800 shares on October 30 at an average price of $74.58, generating $59,664. Following the sale, Wang retained 69,580 shares valued at approximately $5.19 million.
- Wang has conducted a series of SEA stock sales since October 7, totaling multiple transactions as the share price declined from roughly $95 to $75.
- SEA shares opened at $75.50, near their one-year low of $71.53, while analysts maintain a “Moderate Buy” consensus with an average price target of $140.91. The company’s latest quarterly revenue rose 48.3% year over year, although earnings missed estimates.
Sea Limited Sponsored ADR (NYSE:SE - Get Free Report) insider Yanjun Wang sold 800 shares of the company's stock in a transaction that occurred on Friday, October 30th. The shares were sold at an average price of $74.58, for a total value of $59,664.00. Following the completion of the transaction, the insider directly owned 69,580 shares in the company, valued at $5,189,276.40. The trade was a 1.14% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.
Yanjun Wang also recently made the following trade(s):
- On Wednesday, October 28th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $74.69, for a total transaction of $59,752.00.
- On Monday, October 26th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $73.77, for a total value of $59,016.00.
- On Thursday, October 22nd, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $76.33, for a total transaction of $61,064.00.
- On Tuesday, October 20th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $81.61, for a total value of $65,288.00.
- 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 value of $95,430.00.
- On Wednesday, October 14th, Yanjun Wang sold 1,000 shares of SEA stock. The stock was sold at an average price of $95.49, for a total value of $95,490.00.
- 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 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 value of $95,370.00.
- On Wednesday, October 7th, Yanjun Wang sold 1,000 shares of SEA stock. The stock was sold at an average price of $94.91, for a total value of $94,910.00.
SEA Stock Performance
NYSE:SE opened at $75.50 on Tuesday. The stock's 50-day moving average is $98.22 and its 200-day moving average is $98.75. Sea Limited Sponsored ADR has a 1-year low of $71.53 and a 1-year high of $159.80. 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 stock has a market cap of $46.14 billion, a P/E ratio of 29.15, a price-to-earnings-growth ratio of 0.78 and a beta of 1.54.
SEA (NYSE:SE - Get Free Report) last posted its earnings results on Tuesday, August 11th. The Internet company based in Singapore reported $0.70 EPS for the quarter, missing the consensus estimate 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 for the quarter, compared to analyst estimates of $7.12 billion. During the same quarter in the prior year, the business earned $0.65 earnings per share. The firm's quarterly revenue was up 48.3% on a year-over-year basis. Equities research analysts anticipate that Sea Limited Sponsored ADR will post 2.88 earnings per share for the current year.
Wall Street Analyst Weigh In
A number of research firms have commented on SE. Royal Bank Of Canada upgraded SEA from a "sector perform" rating to a "buy" rating in a research report on Tuesday, September 8th. Wall Street Zen downgraded shares of SEA from a "buy" rating to a "hold" rating in a research report on Sunday. Weiss Ratings raised shares of SEA from a "hold (c-)" rating to a "hold (c)" rating in a research note on Wednesday, August 12th. TD Cowen reiterated a "hold" rating on shares of SEA in a research report on Monday, August 17th. Finally, Morgan Stanley restated an "overweight" rating and set a $153.00 target price on shares of SEA in a research report on Thursday, August 13th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, SEA has a consensus rating of "Moderate Buy" and an average price target of $140.91.
Get Our Latest Stock Report on SEA
Institutional Inflows and Outflows
Several institutional investors have recently bought and sold shares of SE. Provenance Wealth Advisors LLC increased its position in shares of SEA by 1,511.1% during the third quarter. Provenance Wealth Advisors LLC now owns 290 shares of the Internet company based in Singapore's stock worth $28,000 after acquiring an additional 272 shares in the last quarter. Grove Bank & Trust lifted its position in SEA by 53.9% in the 3rd quarter. Grove Bank & Trust now owns 614 shares of the Internet company based in Singapore's stock valued at $60,000 after acquiring an additional 215 shares in the last quarter. Cornerstone Planning Group LLC lifted its position in SEA by 26.5% in the 1st quarter. Cornerstone Planning Group LLC now owns 831 shares of the Internet company based in Singapore's stock valued at $70,000 after acquiring an additional 174 shares in the last quarter. Independence Bank of Kentucky boosted its stake in SEA by 611.1% during the 2nd quarter. Independence Bank of Kentucky now owns 1,280 shares of the Internet company based in Singapore's stock valued at $123,000 after purchasing an additional 1,100 shares during the last quarter. Finally, HB Wealth Management LLC bought a new stake in SEA during the 2nd quarter worth approximately $203,000. Institutional investors and hedge funds own 59.53% of the company's stock.
SEA Company Profile
(
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.
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