Monitor for additional insider selling in the coming weeks; the magnitude (~0.0115% of $47.9B market cap) is not alarming but notable given the participation of a director and C-suite executive. Consider whether this reflects profit-taking after a run-up or a signal of reduced confidence.
Price Chart
Executive Summary
Two insiders at Sea Ltd (SE) sold shares in the past week, including Director Ma David Y, who sold over $5.45 million worth of stock. All transactions were open-market sales with no purchases, representing modest insider selling activity.
Key Financial Metrics
Key Facts
- Director Ma David Y sold 63,950 shares for $5,453,656 in an open-market transaction on 2026-03-18.
- CCO and GC Wang Yanjun conducted two separate open-market sales: 614 shares for $52,110.18 on 2026-03-18 and 458 shares for $36,951.44 on 2026-03-19.
- Total open-market sales in the cluster amount to $5,522,617.62 over three transactions across two individuals.
- All transactions were reported as 'S' (sale) codes, indicating definitive open-market dispositions.
Financial Impact
$5.52 million in total open-market sales over 7 days
Risk Factors
- Potential perception of weakening insider confidence, especially given the sale by a director.
- Increased selling pressure if more insiders follow suit ahead of next earnings or macro headwinds in Southeast Asian digital economy sectors.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CONTEXT: Insider Cluster Data (3 trades, 7d window) | cluster-SE-1774001112506 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 15, 2026 17d ago | Insider Cluster | $102.65 $105.24 | ▲ +2.52% | ▲ +2.19% | $95.19 (−7.27%) |
Sep 11, 2026 21d ago | Insider Cluster | $106.24 $108.68 | ▼ −2.30% | ▼ −2.74% | $95.19 (+10.40%) |
Sep 4, 2026 28d ago | Insider Cluster | $112.09 $113.33 | ▲ +1.11% | ▲ +1.66% | $95.19 (−15.08%) |
Sep 2, 2026 4w ago | Insider Cluster | $112.81 $113.10 | ▲ +0.26% | ▼ −0.79% | $95.19 (−15.62%) |
Sep 1, 2026 4w ago | Insider Cluster | $112.65 $112.81 | ▲ +0.14% | ▼ −0.30% | $95.19 (−15.50%) |
Aug 27, 2026 5w ago | Insider Cluster | $118.32 $119.36 | ▲ +0.88% | ▲ +1.11% | $95.19 (−19.55%) |
Aug 25, 2026 5w ago | 6-K | $123.18 $119.12 | ▼ −3.30% | ▼ −3.32% | $95.19 (−22.72%) |
Aug 25, 2026 5w ago | Insider Cluster | $123.18 $119.12 | ▼ −3.30% | ▼ −3.32% | $95.19 (−22.72%) |
Aug 21, 2026 6w ago | Insider Cluster | $117.53 $115.68 | ▼ −1.57% | ▼ −1.28% | $95.19 (−19.01%) |
Aug 20, 2026 6w ago | Insider Cluster | $117.24 $117.53 | ▼ −0.25% | ▲ +0.16% | $95.19 (+18.81%) |
US Market Status
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