Monitor Sea's next 8-K or earnings release for any operational or guidance changes that may have prompted the COO and CPO to reduce positions. The absence of 10b5-1 plans and the concentration of sales by two top executives (COO and CPO) warrant attention, though the dollar amount relative to market cap is small.
Price Chart
Executive Summary
A cluster of insider sales at Sea Ltd (SE) totaling ~$2.98M over a 7-day window, led by the COO ($1.78M) and Shopee CPO ($1.08M), with smaller sales by the CCO/GC and CFO. The sales are open-market (code S) with no 10b5-1 plan indication, and the total value represents ~0.1% of Sea's ~$60B market cap, placing it at the threshold of materiality. While the COO and CPO sales are notable in absolute dollar terms, the cluster is mixed in seniority and the dollar amount relative to market cap is modest, suggesting routine portfolio diversification rather than a strong negative signal.
Key Financial Metrics
Key Facts
- Four insiders sold shares in open-market transactions over Sep 16-23, 2026.
- COO Ye Gang sold 17,500 shares for ~$1.78M at ~$101.95.
- Shopee CPO Chen Jingye sold 10,500 shares for ~$1.08M at ~$102.85.
- CCO/GC Wang Yanjun sold 816 shares for ~$84K.
- CFO Hou Tianyu sold 310 shares for ~$32K.
- Total insider sales value: ~$2.98M, representing ~0.1% of Sea's ~$60B market cap.
- No 10b5-1 plan status not indicated; sales appear opportunistic.
- No insider open-market purchases (code P) were reported in the cluster.
Financial Impact
Total insider sales of ~$2.98M, representing ~0.1% of market cap.
Risk Factors
- Insider selling by COO and CPO could signal concerns about near-term business performance or growth outlook.
- Cluster selling without 10b5-1 plans may indicate non-routine portfolio rebalancing.
- Further insider sales or a broader sell-off by other executives would amplify the bearish signal.
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-SE-1790331201028 |
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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