The cluster's breadth (5 C-suite insiders all selling, no buys) is the notable signal, not the dollar amount. Monitor for any 8-K or earnings pre-announcement in the next 30 days — if fundamentals are deteriorating, this selling pattern may have been anticipatory. If no negative news emerges, the cluster is likely routine diversification/plan-driven selling.
Price Chart
Executive Summary
Five senior Sea Ltd insiders, including Chairman/CEO Li Xiaodong and COO Ye Gang, sold a total of ~$1.72M in open-market shares over a 7-day window. The CEO alone sold ~$1.14M, and the COO sold ~$1.25M across multiple trades. While the total is modest relative to Sea's ~$60B+ market cap (~0.003%), the breadth of C-suite selling (CEO, COO, President, CCO) and the lack of any insider buying creates a mildly bearish signal — especially given the cluster's concentration at prices near $120.
Key Financial Metrics
Key Facts
- 5 insiders sold open-market shares totaling ~$1.72M in a 7-day window
- Chairman/CEO Li Xiaodong sold ~$1.14M across multiple trades at $120.50-$123.33
- COO Ye Gang sold ~$1.25M across multiple trades at $119.23-$123.17
- President Feng Zhimin sold ~$196K, President of Garena Zhao Feng sold ~$243K
- CCO/GC Wang Yanjun sold ~$304K across multiple small trades
- No insider open-market purchases were reported in the cluster
- Total sales represent ~0.003% of Sea's estimated market cap — trivial in absolute proportion
Financial Impact
~$1.72M in insider sales, ~0.003% of market cap — immaterial in dollar terms
Risk Factors
- Insider sales may be part of pre-arranged 10b5-1 plans, reducing informational content
- No negative news or earnings miss has been filed alongside this cluster — selling could be liquidity-driven
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-SE-1788173796801 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 27, 2026 today | Insider Cluster | $72.59 | awaiting T+5 | awaiting T+5 | $74.73 (+2.95%) |
Oct 23, 2026 4d ago | Insider Cluster | $74.63 | awaiting T+5 | awaiting T+5 | $74.73 (+0.13%) |
Oct 21, 2026 6d ago | SC 13G/A | $77.94 | awaiting T+5 | awaiting T+5 | $74.73 (−4.12%) |
Oct 21, 2026 6d ago | Insider Cluster | $77.94 | awaiting T+5 | awaiting T+5 | $74.73 (−4.12%) |
Oct 20, 2026 7d ago | 6-K | $80.43 $74.75 | ▼ −7.06% | ▼ −7.09% | $74.73 (−7.09%) |
Oct 16, 2026 11d ago | Institutional Cluster | $88.47 $73.82 | ▼ −16.56% | ▼ −16.41% | $74.73 (−15.53%) |
Oct 5, 2026 22d ago | Insider Cluster | $96.85 $95.88 | ▲ +1.00% | ▲ +1.42% | $74.73 (+22.84%) |
Oct 1, 2026 26d ago | Insider Cluster | $95.27 $92.89 | ▲ +2.50% | ▲ +3.80% | $74.73 (+21.56%) |
Sep 29, 2026 28d ago | Insider Cluster | $98.62 $96.53 | ▼ −2.12% | ▼ −4.07% | $74.73 (−24.22%) |
Sep 25, 2026 4w ago | Insider Cluster | $99.55 $95.19 | ▲ +4.38% | ▲ +4.16% | $74.73 (+24.93%) |
US Market Status
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