Key Points
- Sea Limited insider Feng Zhao sold 30,000 shares on November 4 at an average price of $80.22, totaling about $2.41 million. The sale reduced Zhao’s holdings by 32.06%, leaving 63,580 shares.
- Sea shares opened at $75.43, below their 50-day and 200-day moving averages of $94.84 and $97.82, respectively; the stock’s 52-week range is $71.53 to $159.09.
- Sea’s latest reported quarter showed revenue up 48.3% year over year to $7.79 billion, but EPS of $0.70 missed analyst expectations of $0.86. Analysts’ consensus rating is “Moderate Buy,” with an average target price of $137.73.
Sea Limited Sponsored ADR (NYSE:SE - Get Free Report) insider Yanjun Wang sold 800 shares of the business's stock in a transaction on Wednesday, November 4th. The shares were sold at an average price of $80.82, for a total transaction of $64,656.00. Following the completion of the sale, the insider directly owned 67,180 shares in the company, valued at $5,429,487.60. This trade represents a 1.18% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.
Yanjun Wang also recently made the following trade(s):
- On Monday, November 2nd, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $76.79, for a total transaction of $61,432.00.
- On Friday, October 30th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $74.58, for a total transaction of $59,664.00.
- On Wednesday, October 28th, Yanjun Wang sold 800 shares of SEA stock. The shares were 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 transaction of $59,016.00.
- On Thursday, October 22nd, Yanjun Wang sold 800 shares of SEA stock. The shares were 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 shares were sold at an average price of $81.61, for a total transaction of $65,288.00.
- On Monday, October 19th, Yanjun Wang sold 1,000 shares of SEA stock. The stock was 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 stock was 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 stock was 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.
SEA Price Performance
NYSE SE traded down $0.20 during trading on Friday, reaching $75.43. 8,819,217 shares of the company traded hands, compared to its average volume of 7,430,746. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.48 and a current ratio of 1.49. The stock's 50 day moving average price is $94.84 and its two-hundred day moving average price is $97.82. The company has a market cap of $46.09 billion, a price-to-earnings ratio of 29.12, a P/E/G ratio of 0.78 and a beta of 1.58. Sea Limited Sponsored ADR has a 1-year low of $71.53 and a 1-year high of $159.09.
SEA (NYSE:SE - Get Free Report) last issued its 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). SEA had a return on equity of 13.54% and a net margin of 5.98%. The company had revenue of $7.79 billion during the quarter, compared to analyst estimates of $7.12 billion. During the same period in the previous year, the company posted $0.65 earnings per share. The company's quarterly revenue was up 48.3% on a year-over-year basis. As a group, analysts anticipate that Sea Limited Sponsored ADR will post 2.88 EPS for the current year.
Wall Street Analyst Weigh In
A number of analysts have weighed in on SE shares. Barclays upped their price target on SEA from $122.00 to $156.00 and gave the company an "overweight" rating in a research report on Wednesday, August 12th. TD Cowen reissued a "hold" rating and set a $115.00 price objective (up from $100.00) on shares of SEA in a report on Monday, August 17th. New Street Research downgraded shares of SEA from a "buy" rating to a "neutral" rating and set a $70.00 target price on the stock. in a research note on Monday, October 26th. Sanford C. Bernstein reaffirmed an "outperform" rating on shares of SEA in a report on Monday, July 20th. Finally, Royal Bank Of Canada raised shares of SEA from a "sector perform" rating to a "buy" rating in a report on Tuesday, September 8th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, SEA currently has an average rating of "Moderate Buy" and a consensus price target of $137.73.
View Our Latest Analysis on SEA
Institutional Investors Weigh In On SEA
A number of hedge funds and other institutional investors have recently bought and sold shares of SE. Provenance Wealth Advisors LLC increased its holdings in SEA by 1,511.1% during the 3rd quarter. Provenance Wealth Advisors LLC now owns 290 shares of the Internet company based in Singapore's stock valued at $28,000 after purchasing an additional 272 shares in the last quarter. Grove Bank & Trust boosted its stake 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 boosted its stake 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 purchasing an additional 174 shares in the last quarter. Allworth Financial LP boosted its stake in SEA by 28.5% in the third quarter. Allworth Financial LP now owns 1,168 shares of the Internet company based in Singapore's stock worth $112,000 after purchasing an additional 259 shares in the last quarter. Finally, Independence Bank of Kentucky grew its holdings in shares of 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 purchasing an additional 1,100 shares during the last quarter. 59.53% of the stock is owned by institutional investors and hedge funds.
SEA Company Profile
(
Get Free Report)
Sea Limited is a Singapore-based technology company operating digital entertainment, e-commerce and digital financial services businesses. Founded in 2009 as Garena, the company adopted the name Sea Limited in 2017.
Its digital entertainment business, Garena, publishes and develops online games and also provides a platform for users to access games and connect with other players. Shopee, Sea's e-commerce platform, serves consumers and merchants in Southeast Asia and other markets, including Taiwan and parts of Latin America.
Sea also provides digital financial services through Monee, formerly known as SeaMoney.
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