SEA (NYSE:SE) Insider Yanjun Wang Sells 800 Shares

Key Points

• Insider selling: SEA insider Yanjun Wang sold 800 shares on May 28 at an average price of $91.98, reducing their holdings to 8,400 shares. Wang has also been selling 800 shares repeatedly in recent sessions, indicating a steady pattern of insider disposal.
• Stock and earnings snapshot: SEA shares were down 1.5% and last traded around $92.01, with a market cap of $56.22 billion. The company recently reported Q1 EPS of $0.67, missing estimates, while revenue came in at $7.10 billion, above expectations and up 46.6% year over year.
• Analyst and ownership sentiment: Wall Street remains broadly positive, with an average rating of Moderate Buy and a consensus price target of $155.54. Institutional investors own 59.53% of the stock, and several funds increased their positions recently.

Sea Limited Sponsored ADR (NYSE:SE - Get Free Report) insider Yanjun Wang sold 800 shares of SEA stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of $91.98, for a total value of $73,584.00. Following the completion of the sale, the insider owned 8,400 shares in the company, valued at approximately $772,632. This represents a 8.70% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.

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

• On Tuesday, May 26th, Yanjun Wang sold 800 shares of SEA stock. The stock was sold at an average price of $89.45, for a total value of $71,560.00.
• On Friday, May 22nd, Yanjun Wang sold 800 shares of SEA stock. The stock was 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 stock was 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 value 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 value 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 value 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 value 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 value 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 value of $68,600.00.

SEA Trading Down 1.5%

SE opened at $92.01 on Friday. The stock has a market cap of $56.22 billion, a PE ratio of 36.23, a PEG ratio of 0.96 and a beta of 1.57. The company has a quick ratio of 1.56, a current ratio of 1.58 and a debt-to-equity ratio of 0.05. The business has a 50 day moving average of $85.73 and a 200-day moving average of $108.54. Sea Limited Sponsored ADR has a 52 week low of $77.05 and a 52 week high of $199.30.

SEA (NYSE:SE - Get Free Report) last announced its quarterly earnings data 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). The company had revenue of $7.10 billion for the quarter, compared to analysts' expectations of $6.46 billion. SEA had a net margin of 6.41% and a return on equity of 14.12%. The firm's quarterly revenue was up 46.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.65 EPS. Equities research analysts predict that Sea Limited Sponsored ADR will post 3.39 earnings per share for the current fiscal year.

Institutional Trading of SEA

Several hedge funds have recently bought and sold shares of SE. Woodline Partners LP bought a new stake in SEA during the first quarter valued at about $4,028,000. BI Asset Management Fondsmaeglerselskab A S grew its holdings in SEA by 248.7% during the second quarter. BI Asset Management Fondsmaeglerselskab A S now owns 39,192 shares of the Internet company based in Singapore's stock valued at $6,268,000 after purchasing an additional 27,953 shares during the period. Captrust Financial Advisors grew its holdings in SEA by 4.2% during the second quarter. Captrust Financial Advisors now owns 27,188 shares of the Internet company based in Singapore's stock valued at $4,348,000 after purchasing an additional 1,084 shares during the period. State of Tennessee Department of Treasury grew its holdings in SEA by 5.4% during the second quarter. State of Tennessee Department of Treasury now owns 543,203 shares of the Internet company based in Singapore's stock valued at $86,880,000 after purchasing an additional 27,964 shares during the period. Finally, Morse Asset Management Inc grew its holdings in SEA by 21.1% during the second quarter. Morse Asset Management Inc now owns 12,168 shares of the Internet company based in Singapore's stock valued at $1,946,000 after purchasing an additional 2,121 shares during the period. Institutional investors own 59.53% of the company's stock.

Wall Street Analysts Forecast Growth

SE has been the subject of several recent analyst reports. Sanford C. Bernstein decreased their price target on SEA from $170.00 to $150.00 and set an "outperform" rating for the company in a research note on Wednesday, March 4th. Bank of America reaffirmed a "buy" rating and issued a $125.00 price objective on shares of SEA in a report on Monday, March 9th. Barclays lifted their price objective on SEA from $120.00 to $122.00 and gave the stock an "overweight" rating in a report on Thursday, May 14th. Weiss Ratings reaffirmed a "hold (c-)" rating on shares of SEA in a report on Friday, March 27th. Finally, TD Cowen lifted their price objective on SEA from $100.00 to $108.00 and gave the stock a "hold" rating in a report on Wednesday, May 13th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $155.54.

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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