SEA (NYSE:SE) Insider Sells $71,560.00 in Stock

Key Points

• SEA insider Yanjun Wang sold 800 shares on May 26 for about $71,560 at an average price of $89.45, leaving them with 10,000 shares. The transaction cut the insider’s ownership by 7.41%.
• Wang has been selling shares repeatedly in recent weeks, including multiple 800-share sales throughout May at prices mostly in the mid-to-high $80s and low $90s.
• SEA’s latest earnings were mixed: revenue rose 46.6% year over year to $7.10 billion and beat estimates, but EPS of $0.67 missed expectations. Analysts still view the stock as a Moderate Buy with a consensus price target of $158.41.

Sea Limited Sponsored ADR (NYSE:SE - Get Free Report) insider Yanjun Wang sold 800 shares of the company's stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $89.45, for a total value of $71,560.00. Following the completion of the transaction, the insider directly owned 10,000 shares in the company, valued at approximately $894,500. The trade was a 7.41% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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

• On Friday, May 22nd, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $87.87, for a total value of $70,296.00.
• On Wednesday, May 20th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $86.34, for a total value of $69,072.00.
• On Monday, May 18th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $88.06, for a total value of $70,448.00.
• On Friday, May 15th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $88.58, for a total transaction of $70,864.00.
• On Wednesday, May 13th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $94.63, for a total transaction of $75,704.00.
• On Monday, May 11th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $83.74, for a total transaction of $66,992.00.
• On Friday, May 8th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $86.79, for a total transaction of $69,432.00.
• On Wednesday, May 6th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $88.38, for a total transaction of $70,704.00.
• On Monday, May 4th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $85.75, for a total transaction of $68,600.00.
• On Friday, May 1st, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $86.13, for a total transaction of $68,904.00.

SEA Price Performance

NYSE:SE opened at $93.54 on Thursday. Sea Limited Sponsored ADR has a one year low of $77.05 and a one year high of $199.30. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.56 and a current ratio of 1.58. The firm has a market cap of $57.16 billion, a price-to-earnings ratio of 36.83, a PEG ratio of 0.91 and a beta of 1.57. The firm's fifty day moving average is $85.64 and its two-hundred day moving average is $108.94.

SEA (NYSE:SE - Get Free Report) last posted its quarterly earnings results on Tuesday, May 12th. The Internet company based in Singapore reported $0.67 EPS for the quarter, missing the consensus estimate of $0.75 by ($0.08). SEA had a net margin of 6.41% and a return on equity of 14.12%. The business had revenue of $7.10 billion during the quarter, compared to analysts' expectations of $6.46 billion. During the same period in the previous year, the company posted $0.65 earnings per share. SEA's revenue for the quarter was up 46.6% compared to the same quarter last year. Research analysts expect that Sea Limited Sponsored ADR will post 3.39 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on SE shares. Sanford C. Bernstein lowered their price target on shares of SEA from $170.00 to $150.00 and set an "outperform" rating on the stock in a report on Wednesday, March 4th. Barclays increased their target price on shares of SEA from $120.00 to $122.00 and gave the stock an "overweight" rating in a research note on Thursday, May 14th. Weiss Ratings restated a "hold (c-)" rating on shares of SEA in a research report on Friday, March 27th. TD Cowen raised their target price on SEA from $100.00 to $108.00 and gave the company a "hold" rating in a research report on Wednesday, May 13th. Finally, JPMorgan Chase & Co. dropped their target price on SEA from $168.00 to $163.00 and set an "overweight" rating on the stock in a research report on Thursday, May 14th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, SEA has a consensus rating of "Moderate Buy" and a consensus price target of $158.41.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Rothschild Investment LLC lifted its stake in SEA by 114.0% in the 3rd quarter. Rothschild Investment LLC now owns 199 shares of the Internet company based in Singapore's stock valued at $36,000 after buying an additional 106 shares in the last quarter. Zions Bancorporation National Association UT lifted its stake in SEA by 539.6% in the 4th quarter. Zions Bancorporation National Association UT now owns 307 shares of the Internet company based in Singapore's stock valued at $39,000 after buying an additional 259 shares in the last quarter. Holos Integrated Wealth LLC purchased a new position in SEA in the 4th quarter valued at about $44,000. Cullen Frost Bankers Inc. lifted its stake in SEA by 41.9% in the 3rd quarter. Cullen Frost Bankers Inc. now owns 559 shares of the Internet company based in Singapore's stock valued at $100,000 after buying an additional 165 shares in the last quarter. Finally, Hillsdale Investment Management Inc. lifted its stake in SEA by 44.4% in the 3rd quarter. Hillsdale Investment Management Inc. now owns 650 shares of the Internet company based in Singapore's stock valued at $116,000 after buying an additional 200 shares in the last quarter. 59.53% of the stock is owned by hedge funds and other institutional investors.

SEA Company Profile

Sea Limited NYSE: SE is a Singapore-based consumer internet company that operates a trio of interconnected businesses across digital entertainment, e-commerce and digital financial services. Founded in 2009 as Garena and later rebranded as Sea, the company is headquartered in Singapore and listed on the New York Stock Exchange. Sea positions itself as a technology platform focused on enabling online consumers, merchants and developers primarily across Southeast Asia and adjacent markets.

Sea's digital entertainment arm, Garena, is a game developer and publisher that also organizes esports initiatives and operates online gaming platforms.

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