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

Key Points

• SEA insider Yanjun Wang sold 1,000 shares on October 12 at an average price of $95.87, totaling $95,870. After the sale, Wang retained 81,780 shares valued at approximately $7.84 million.
• Wang has conducted a series of stock sales since September 17, selling at least 10,800 shares in total as part of a repeated selling pattern.
• SEA recently reported revenue of $7.79 billion, up 48.3% year over year, but quarterly EPS of $0.70 fell short of the $0.86 consensus estimate. Analysts maintain a Moderate Buy consensus with an average price target of $149.40.

Sea Limited Sponsored ADR (NYSE:SE - Get Free Report) insider Yanjun Wang sold 1,000 shares of the business's stock in a transaction that occurred on Monday, October 12th. The shares were sold at an average price of $95.87, for a total value of $95,870.00. Following the completion of the sale, the insider owned 81,780 shares of the company's stock, valued at $7,840,248.60. The trade was a 1.21% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

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

• 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 transaction of $94,910.00.
• On Monday, October 5th, Yanjun Wang sold 1,000 shares of SEA stock. The stock was 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 stock was 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 shares were sold at an average price of $98.65, for a total transaction 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 stock was sold at an average price of $101.55, for a total transaction of $121,860.00.

SEA Price Performance

SE stock opened at $95.75 on Tuesday. The firm's 50-day moving average price is $109.07 and its two-hundred day moving average price is $98.18. Sea Limited Sponsored ADR has a 12-month low of $77.05 and a 12-month high of $184.96. The stock has a market capitalization of $58.51 billion, a price-to-earnings ratio of 36.97, a PEG ratio of 0.97 and a beta of 1.54. 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 (NYSE:SE - Get Free Report) last issued its quarterly earnings data 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 net margin of 5.98% and a return on equity of 13.54%. The business's revenue was up 48.3% on a year-over-year basis. During the same period last year, the company posted $0.65 earnings per share. As a group, equities analysts predict that Sea Limited Sponsored ADR will post 2.91 earnings per share for the current year.

Institutional Investors Weigh In On SEA

Several institutional investors and hedge funds have recently modified their holdings of the stock. Grove Bank & Trust raised its position in shares of SEA by 53.9% in the 3rd quarter. Grove Bank & Trust now owns 614 shares of the Internet company based in Singapore's stock worth $60,000 after acquiring an additional 215 shares in the last quarter. Cornerstone Planning Group LLC raised its holdings 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. Independence Bank of Kentucky raised its holdings in SEA by 611.1% in 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 in the last quarter. Osbon Capital Management LLC purchased a new position in SEA during the fourth quarter valued at $175,000. Finally, HB Wealth Management LLC purchased a new position in SEA during the 2nd quarter valued at about $203,000. 59.53% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have commented on the company. Weiss Ratings raised SEA from a "hold (c-)" rating to a "hold (c)" rating in a research report on Wednesday, August 12th. Zacks Research cut SEA from a "hold" rating to a "strong sell" rating in a report on Tuesday, August 11th. Royal Bank Of Canada upgraded SEA from a "sector perform" rating to a "buy" rating in a research report on Tuesday, September 8th. Arete Research set a $152.00 target price on SEA and gave the company a "buy" rating in a research note on Monday, September 7th. Finally, TD Cowen restated a "hold" rating on shares of SEA in a report on Monday, August 17th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, SEA currently has an average rating of "Moderate Buy" and a consensus price target of $149.40.

About SEA

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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