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

Key Points

• SEA insider Yanjun Wang sold 1,500 shares at an average price of $113.27, generating $169,905. Following the sale, Wang retained 14,500 shares, a 9.38% reduction in the position.
• Wang has made numerous SEA stock sales since early July, including transactions on nine other dates, indicating a sustained pattern of insider selling.
• SEA reported quarterly revenue of $7.10 billion, up 46.6% year over year and above estimates, but EPS of $0.67 missed consensus. Analysts maintain a “Moderate Buy” consensus with an average price target of $154.81.

Sea Limited Sponsored ADR (NYSE:SE - Get Free Report) insider Yanjun Wang sold 1,500 shares of SEA stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $113.27, for a total value of $169,905.00. Following the transaction, the insider owned 14,500 shares in the company, valued at approximately $1,642,415. The trade was a 9.38% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

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

• On Monday, August 3rd, Yanjun Wang sold 1,500 shares of SEA stock. The stock was sold at an average price of $109.81, for a total value of $164,715.00.
• On Thursday, July 30th, Yanjun Wang sold 1,200 shares of SEA stock. The shares were sold at an average price of $105.39, for a total value of $126,468.00.
• On Wednesday, July 29th, Yanjun Wang sold 1,500 shares of SEA stock. The stock was sold at an average price of $108.70, for a total value of $163,050.00.
• On Monday, July 20th, Yanjun Wang sold 1,200 shares of SEA stock. The stock was sold at an average price of $106.50, for a total value of $127,800.00.
• On Monday, July 27th, Yanjun Wang sold 1,200 shares of SEA stock. The shares were sold at an average price of $104.08, for a total transaction of $124,896.00.
• On Friday, July 24th, Yanjun Wang sold 1,200 shares of SEA stock. The shares were sold at an average price of $99.65, for a total transaction of $119,580.00.
• On Monday, July 13th, Yanjun Wang sold 1,500 shares of SEA stock. The stock was sold at an average price of $112.35, for a total transaction of $168,525.00.
• On Friday, July 10th, Yanjun Wang sold 1,500 shares of SEA stock. The stock was sold at an average price of $113.33, for a total transaction of $169,995.00.
• On Thursday, July 9th, Yanjun Wang sold 1,200 shares of SEA stock. The stock was sold at an average price of $107.85, for a total transaction of $129,420.00.
• On Monday, July 6th, Yanjun Wang sold 1,200 shares of SEA stock. The shares were sold at an average price of $104.67, for a total transaction of $125,604.00.

SEA Stock Performance

NYSE:SE opened at $111.01 on Friday. The company's 50-day moving average is $98.82 and its two-hundred day moving average is $96.73. Sea Limited Sponsored ADR has a 1-year low of $77.05 and a 1-year high of $199.30. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.58 and a quick ratio of 1.56. The firm has a market capitalization of $67.83 billion, a price-to-earnings ratio of 43.70, a PEG ratio of 1.11 and a beta of 1.54.

SEA (NYSE:SE - Get Free Report) last announced its quarterly earnings results on Tuesday, May 12th. The Internet company based in Singapore reported $0.67 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.75 by ($0.08). SEA had a return on equity of 14.12% and a net margin of 6.41%.The firm had revenue of $7.10 billion for the quarter, compared to analyst estimates of $6.46 billion. During the same quarter in the prior year, the business earned $0.65 EPS. The firm's quarterly revenue was up 46.6% on a year-over-year basis. Analysts forecast that Sea Limited Sponsored ADR will post 3.23 EPS for the current year.

Institutional Investors Weigh In On SEA

Large investors have recently added to or reduced their stakes in the business. Charles Lim Capital Ltd boosted its stake in SEA by 172.7% in the 4th quarter. Charles Lim Capital Ltd now owns 750,000 shares of the Internet company based in Singapore's stock worth $95,678,000 after buying an additional 475,000 shares during the last quarter. OVERSEA CHINESE BANKING Corp Ltd increased its stake in shares of SEA by 24.4% during the 4th quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 1,791,660 shares of the Internet company based in Singapore's stock valued at $228,549,000 after acquiring an additional 350,840 shares during the last quarter. PFA Pension Forsikringsaktieselskab purchased a new position in shares of SEA during the 4th quarter worth about $26,282,000. State of Tennessee Department of Treasury boosted its position in shares of SEA by 32.4% in the fourth quarter. State of Tennessee Department of Treasury now owns 718,949 shares of the Internet company based in Singapore's stock worth $83,750,000 after acquiring an additional 175,746 shares during the last quarter. Finally, SG Americas Securities LLC boosted its position in shares of SEA by 5.7% in the first 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. 59.53% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on SE shares. TD Cowen reduced their target price on SEA from $108.00 to $100.00 and set a "hold" rating on the stock in a research report on Tuesday. Jefferies Financial Group reiterated a "buy" rating on shares of SEA in a report on Tuesday, May 12th. JPMorgan Chase & Co. cut their price objective on SEA from $168.00 to $163.00 and set an "overweight" rating for the company in a research report on Thursday, May 14th. Zacks Research upgraded shares of SEA from a "strong sell" rating to a "hold" rating in a report on Monday, June 1st. Finally, Barclays upped their target price on shares of SEA from $120.00 to $122.00 and gave the company an "overweight" rating in a research report on Thursday, May 14th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have given a Hold rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $154.81.

About SEA

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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