SEA (NYSE:SE) Insider Yanjun Wang Sells 1,500 Shares of Stock

Key Points

• Insider selling: Yanjun Wang sold 1,500 SEA shares at an average of $108.32, generating $162,480. Following the transaction, Wang retained 4,380 shares, and the sale reduced the position by 25.51%.
• Recent performance and financials: SEA shares opened at $108.49, with a market capitalization of approximately $66.3 billion. In its latest quarter, revenue rose 48.3% year over year to $7.79 billion, although earnings per share of $0.70 fell short of analyst expectations.
• Analyst outlook: Despite mixed ratings—including a recent “strong sell” downgrade from Zacks Research—the stock has a consensus “Moderate Buy” rating and an average price target of $149.40.

Sea Limited Sponsored ADR (NYSE:SE - Get Free Report) insider Yanjun Wang sold 1,500 shares of the company's stock in a transaction on Monday, September 14th. The stock was sold at an average price of $108.32, for a total transaction of $162,480.00. Following the transaction, the insider owned 4,380 shares of the company's stock, valued at approximately $474,441.60. The trade was a 25.51% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link.

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

• On Thursday, September 10th, Yanjun Wang sold 1,200 shares of SEA stock. The shares were 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.
• On Tuesday, September 8th, Yanjun Wang sold 1,500 shares of SEA stock. The stock was sold at an average price of $112.75, for a total transaction of $169,125.00.
• On Friday, September 4th, Yanjun Wang sold 1,500 shares of SEA stock. The stock was sold at an average price of $113.29, for a total transaction of $169,935.00.
• On Wednesday, September 2nd, Yanjun Wang sold 1,500 shares of SEA stock. The stock was sold at an average price of $112.48, for a total transaction of $168,720.00.
• On Monday, August 31st, Yanjun Wang sold 1,500 shares of SEA stock. The shares were sold at an average price of $114.07, for a total transaction of $171,105.00.
• On Friday, August 28th, Yanjun Wang sold 1,500 shares of SEA stock. The shares were sold at an average price of $119.58, for a total value of $179,370.00.
• On Wednesday, August 26th, Yanjun Wang sold 1,500 shares of SEA stock. The stock was sold at an average price of $119.81, for a total value of $179,715.00.
• On Monday, August 24th, Yanjun Wang sold 1,500 shares of SEA stock. The stock was sold at an average price of $115.93, for a total value of $173,895.00.
• On Friday, August 21st, Yanjun Wang sold 1,500 shares of SEA stock. The stock was sold at an average price of $117.74, for a total value of $176,610.00.

SEA Stock Up 2.1%

SE opened at $108.49 on Tuesday. 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 business has a 50 day simple moving average of $112.21 and a 200-day simple moving average of $96.99. The stock has a market capitalization of $66.29 billion, a P/E ratio of 41.89, a P/E/G ratio of 1.07 and a beta of 1.51. Sea Limited Sponsored ADR has a 12 month low of $77.05 and a 12 month high of $196.45.

SEA (NYSE:SE - Get Free Report) last posted its quarterly earnings results on Tuesday, August 11th. The Internet company based in Singapore reported $0.70 earnings per share 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 business had revenue of $7.79 billion during the quarter, compared to analysts' expectations of $7.12 billion. During the same quarter last year, the firm earned $0.65 earnings per share. The firm's quarterly revenue was up 48.3% compared to the same quarter last year. On average, equities analysts anticipate that Sea Limited Sponsored ADR will post 2.91 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several brokerages have commented on SE. Zacks Research lowered shares of SEA from a "hold" rating to a "strong sell" rating in a research report on Tuesday, August 11th. TD Cowen reiterated a "hold" rating on shares of SEA in a report on Monday, August 17th. Morgan Stanley reiterated 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 shares of SEA from a "hold (c-)" rating to a "hold (c)" rating in a report on Wednesday, August 12th. Finally, Sanford C. Bernstein restated an "outperform" rating on shares of SEA in a research report on Monday, July 20th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $149.40.

Hedge Funds Weigh In On SEA

Several hedge funds and other institutional investors have recently bought and sold shares of SE. MCF Advisors LLC boosted its position in SEA by 129.6% during the second quarter. MCF Advisors LLC now owns 5,168 shares of the Internet company based in Singapore's stock worth $495,000 after purchasing an additional 2,917 shares in the last quarter. Whetstone Capital Advisors LLC acquired a new stake in SEA in the second quarter valued at $8,191,000. National Pension Service increased its position in shares of SEA by 10.0% in the second 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 in the last quarter. C WorldWide Group Holding A S increased its position in shares of SEA by 2.6% in the second quarter. C WorldWide Group Holding A S now owns 198,560 shares of the Internet company based in Singapore's stock valued at $19,028,000 after buying an additional 4,953 shares in the last quarter. Finally, Baird Financial Group Inc. raised its stake in shares of SEA by 6.2% during the 2nd 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 last quarter. 59.53% of the stock is owned by institutional investors and hedge funds.

SEA Company Profile

Sea Limited NYSE: SE is a Singapore-based global consumer internet company that develops and operates digital services across entertainment, e-commerce and financial technology. Founded in 2009 as Garena, the company adopted the Sea name in 2017 as it expanded beyond online gaming.

Garena, Sea's digital entertainment business, publishes and develops online games, including the widely distributed mobile battle royale title Free Fire. Garena also provides an online platform for game-related content and community activities.

Shopee operates an e-commerce marketplace that connects consumers, sellers and brands.

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