SEA (NYSE:SE) Insider Yanjun Wang Sells 1,000 Shares of Stock

Key Points

• SEA insider Yanjun Wang sold 1,000 shares at an average price of $95.15, generating $95,150. Following the transaction, Wang retained 87,780 shares valued at approximately $8.35 million.
• Wang has carried out a series of stock sales since September 9, totaling more than 11,000 shares, with sale prices generally declining from about $108.88 to $95.15.
• SEA recently reported 48.3% year-over-year revenue growth to $7.79 billion, though quarterly EPS of $0.70 missed estimates. Analysts maintain a “Moderate Buy” consensus with an average price target of $149.40, well above the stock’s reported $95.14 opening price.

Sea Limited Sponsored ADR (NYSE:SE - Get Free Report) insider Yanjun Wang sold 1,000 shares of SEA stock in a transaction on Friday, October 2nd. The shares were sold at an average price of $95.15, for a total value of $95,150.00. Following the sale, the insider directly owned 87,780 shares in the company, valued at $8,352,267. The trade was a 1.13% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

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

• 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 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 transaction 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 transaction of $123,312.00.
• On Monday, September 21st, Yanjun Wang sold 1,200 shares of SEA stock. The stock was sold at an average price of $102.00, for a total transaction 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 transaction 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 transaction of $124,608.00.
• On Monday, September 14th, Yanjun Wang sold 1,500 shares of SEA stock. The shares were sold at an average price of $108.32, for a total transaction 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 transaction of $129,588.00.
• On Wednesday, September 9th, Yanjun Wang sold 1,320 shares of SEA stock. The stock was sold at an average price of $108.88, for a total transaction of $143,721.60.

SEA Trading Down 0.1%

SEA stock opened at $95.14 on Monday. Sea Limited Sponsored ADR has a 12-month low of $77.05 and a 12-month high of $193.48. 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 stock has a market capitalization of $58.13 billion, a PE ratio of 36.73, a price-to-earnings-growth ratio of 0.97 and a beta of 1.54. The firm has a 50 day simple moving average of $110.51 and a 200-day simple moving average of $97.60.

SEA (NYSE:SE - Get Free Report) last announced 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). The firm had revenue of $7.79 billion for 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%.SEA's revenue for the quarter was up 48.3% on a year-over-year basis. During the same period in the previous year, the firm earned $0.65 EPS. As a group, equities research analysts expect that Sea Limited Sponsored ADR will post 2.91 EPS for the current fiscal year.

Institutional Investors Weigh In On SEA

A number of institutional investors and hedge funds have recently modified their holdings of SE. SG Americas Securities LLC grew 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 worth $135,999,000 after acquiring an additional 88,431 shares during the last quarter. Carrhae Capital LLP purchased a new stake in shares of SEA during the second quarter valued at $140,501,000. Baird Financial Group Inc. boosted its holdings in shares of SEA by 6.2% in the second quarter. Baird Financial Group Inc. now owns 879,107 shares of the Internet company based in Singapore's stock worth $84,245,000 after buying an additional 50,965 shares during the period. Charles Lim Capital Ltd increased its position in shares of SEA by 172.7% in 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 acquiring an additional 475,000 shares in the last quarter. Finally, Carmignac Gestion increased its position in shares of SEA by 2.2% in the second quarter. Carmignac Gestion now owns 651,818 shares of the Internet company based in Singapore's stock worth $62,349,000 after acquiring an additional 14,242 shares in the last quarter. Institutional investors and hedge funds own 59.53% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. Morgan Stanley reissued an "overweight" rating and issued a $153.00 price objective on shares of SEA in a research note on Thursday, August 13th. Weiss Ratings raised SEA from a "hold (c-)" rating to a "hold (c)" rating in a report on Wednesday, August 12th. Arete Research set a $152.00 price target on shares of SEA and gave the stock a "buy" rating in a research report on Monday, September 7th. Barclays upped their price target on shares of SEA from $122.00 to $156.00 and gave the company an "overweight" rating in a report on Wednesday, August 12th. Finally, Zacks Research lowered shares of SEA from a "hold" rating to a "strong sell" rating in a research report on Tuesday, August 11th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $149.40.

SEA Company Profile

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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