The CPO's $1.08M sale is the largest and most senior insider sale in this cluster. Without a 10b5-1 plan, this suggests potential concern about Sea's near-term prospects. Monitor for upcoming earnings or guidance changes that may have prompted the sale.
Price Chart
Executive Summary
Two Sea Ltd insiders — CPO Chen Jingye and CCO/GC Wang Yanjun — sold a combined $1.11M in open-market sales over a 7-day window. Chen's $1.08M sale is the dominant trade; Wang's six small sales total ~$36K. The cluster value is ~0.34% of Sea's ~$326M market cap, a modest but notable signal. No 10b5-1 plans are indicated, and the sales are not routine vesting/tax-withholding transactions, warranting a bearish tilt.
Key Financial Metrics
Key Facts
- CPO Chen Jingye sold 10,500 shares at ~$102.85 for $1.08M on 2026-09-22
- CCO/GC Wang Yanjun sold 364 shares at ~$98.88 for $36K on 2026-09-29
- Total cluster value: $1.11M, representing ~0.34% of Sea's market cap
- All sales are open-market (code S) with no 10b5-1 plan indication
- No insider purchases in the cluster window
Financial Impact
$1.11M in insider sales, ~0.34% of market cap
Risk Factors
- Insider sales may signal management's view that shares are overvalued or that headwinds are building
- Concentration of sales in a single senior executive (CPO) amplifies the bearish signal
- No offsetting insider purchases to provide confidence in management's outlook
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-SE-1790849483588 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 27, 2026 today | Insider Cluster | $72.59 | awaiting T+5 | — | $74.73 (+2.95%) |
Oct 23, 2026 4d ago | Insider Cluster | $74.63 | awaiting T+5 | — | $74.73 (+0.13%) |
Oct 21, 2026 6d ago | SC 13G/A | $77.94 | awaiting T+5 | — | $74.73 (−4.12%) |
Oct 21, 2026 6d ago | Insider Cluster | $77.94 | 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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