While the total dollar amount is relatively small as a percentage of market cap, the concentration of sales among top executives—especially a director unloading over $2.3M—warrants caution. Traders should monitor upcoming earnings disclosures and any downward revisions in guidance, as such coordinated selling can precede negative news. Watch for follow-up Form 4 filings in the next 30 days for continuation patterns.
Price Chart
Executive Summary
Four corporate insiders at Sea Ltd, including the COO, CPO of Shopee, Chief Compliance Officer, and a director, sold shares worth $2.58 million over a 7-day period, with the largest sale coming from director Ma David Y, who disposed of over $2.3 million in stock. The selling was concentrated among senior executives and occurred at market prices between $84.23 and $86.28 per share.
Key Financial Metrics
Key Facts
- Insider cluster involves 4 insiders: COO Ye Gang, CPO Chen Jingye, CCO Wang Yanjun, and director Ma David Y.
- Total value of sales: $2.58 million over 7 days, with $2.31 million attributed to a single director (Ma David Y).
- All transactions were open-market sales (code S), indicating active divestment rather than routine non-cash events.
- Ma David Y sold 27,107 shares at $85.31, representing the vast majority of the cluster's value.
- COO Ye Gang sold 2,800 shares at $85.87 for $240,436, signaling participation by operational leadership.
Financial Impact
$2.58 million in insider sales over 7 days, representing approximately 0.0048% of Sea Ltd's $53.5 billion market cap
Risk Factors
- Perception of insider lack of confidence, particularly given participation by COO and CPO of core business unit Shopee.
- Potential for negative market reaction if selling trend continues into next quarter.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-SE-1776334036742 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 15, 2026 17d ago | Insider Cluster | $102.65 $105.24 | ▲ +2.52% | ▲ +2.19% | $96.25 (−6.23%) |
Sep 11, 2026 21d ago | Insider Cluster | $106.24 $108.68 | ▼ −2.30% | ▼ −2.74% | $96.25 (+9.40%) |
Sep 4, 2026 28d ago | Insider Cluster | $112.09 $113.33 | ▲ +1.11% | ▲ +1.66% | $96.25 (−14.13%) |
Sep 2, 2026 4w ago | Insider Cluster | $112.81 $113.10 | ▲ +0.26% | ▼ −0.79% | $96.25 (−14.68%) |
Sep 1, 2026 4w ago | Insider Cluster | $112.65 $112.81 | ▲ +0.14% | ▼ −0.30% | $96.25 (−14.56%) |
Aug 27, 2026 5w ago | Insider Cluster | $118.32 $119.36 | ▲ +0.88% | ▲ +1.11% | $96.25 (−18.65%) |
Aug 25, 2026 5w ago | 6-K | $123.18 $119.12 | ▼ −3.30% | ▼ −3.32% | $96.25 (−21.86%) |
Aug 25, 2026 5w ago | Insider Cluster | $123.18 $119.12 | ▼ −3.30% | ▼ −3.32% | $96.25 (−21.86%) |
Aug 21, 2026 6w ago | Insider Cluster | $117.53 $115.68 | ▼ −1.57% | ▼ −1.28% | $96.25 (−18.11%) |
Aug 20, 2026 6w ago | Insider Cluster | $117.24 $117.53 | ▼ −0.25% | ▲ +0.16% | $96.25 (+17.90%) |
US Market Status
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