SE Sea Ltd

BEARISH Impact: 7/10 Insider Cluster (4 insiders)
Horizon weeks Filed Mar 18, 2026 Processed 1mo ago
Insider cluster: 4 insiders, $6.3M total
Latest settled — T+20d
SE ▲ +7.02% at T+20d
SHORT call ✗ call lost -7.02% · α vs SPY -0.97% · entry $84.47 → $90.40
Next anchor: T+60d in 22d
Currently $86.55 · -2.46% from $84.47 entry (call sign-flipped)
Entry anchored
Mar 17, 04:55 PM ET
via Databento tick
T+1d
-4.13%
call +4.13% · α +3.87%
$80.98
settled 2mo ago
T+5d
-2.37%
call +2.37% · α +1.65%
$82.47
settled 8w ago
T+20d
+7.02%
call -7.02% · α -0.97%
$90.40
settled 5w ago
T+60d
call — · α —
in 22d

Price Chart

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Executive Summary

Multiple Sea Ltd (SE) insiders, including COO Ye Gang and key Shopee executive Chen Jingye, sold shares in a coordinated cluster over the past week, totaling $8.6 million in open-market sales. Director Ma David Y accounted for over 60% of the total volume with a $5.45 million sale. All transactions were direct sales, not tax-related or derivative events.

Key Financial Metrics

Direction
selling
Total Value
$8.6M
Insiders
4

Actionable Insight

The scale and concentration of sales — particularly from the COO and a board member — suggest caution ahead of potential negative catalysts. Monitor for upcoming earnings, guidance changes, or macro pressures in Southeast Asian e-commerce. This level of coordinated selling is unusual and may precede downward pressure on the stock.

Key Facts

  • COO Ye Gang sold 37,700 shares for $3.08 million across four transactions between $80.06 and $84.97.
  • CPO Chen Jingye (Shopee) sold 1,587 shares for $121,782 across four trades.
  • CCO and GC Wang Yanjun sold 1,500 shares for $124,708 across four trades.
  • Director Ma David Y sold 63,950 shares at $85.28, totaling $5.45 million — the largest single transaction in the cluster.
  • All 13 transactions were open-market sales (Form 4 'S' codes), indicating deliberate divestment, not tax withholding or award vesting.

Financial Impact

$8.6 million in total insider sales over 7 days, representing ~0.018% of Sea Ltd's $47.2B market cap

insider ownershipinvestor sentimentstock supply

Risk Factors

  • Insiders may have access to non-public information indicating near-term headwinds.
  • Potential for negative sentiment contagion among retail and institutional investors.
  • Increased share supply in the market from large block sale by Ma David Y.

Market Snapshot

Exchange
NYSE

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CONTEXT: Insider Cluster Data (13 trades, 7d window)cluster-SE-1774346663104
25 reports for SE
Performance horizon
55% Hit rate 6 of 11 directional calls best @ T+5▲ +6.45%Apr 17, 2026
Filters
Rows
Reports for SE — sortable, filterable
Type Now
May 20, 2026
today
Insider Cluster
NEUTRAL ★ 2/10
awaiting T+1
May 19, 2026
1d ago
Court Ruling
NEUTRAL ★ 2/10
$88.21 awaiting T+1awaiting T+1$86.55 (−1.88%)
May 18, 2026
2d ago
Insider Cluster
NEUTRAL ★ 2/10
$88.47 awaiting T+1awaiting T+1$86.55 (−2.17%)
May 11, 2026
9d ago
Insider Cluster
NEUTRAL ★ 2/10
$84.87 $96.02▲ +13.14%▲ +13.27%$86.55 (+1.98%)
May 8, 2026
12d ago
Insider Cluster
NEUTRAL ★ 2/10
$86.73 $84.87▼ −2.14%▼ −2.38%$86.55 (−0.21%)
May 5, 2026
15d ago
Insider Cluster
NEUTRAL ★ 2/10
$84.48 $90.02▲ +6.56%▲ +5.17%$86.55 (+2.45%)
May 1, 2026
19d ago
Insider Cluster
NEUTRAL ★ 2/10
$86.20 $85.41▼ −0.92%▼ −0.57%$86.55 (+0.41%)
Apr 29, 2026
21d ago
Insider Cluster
NEUTRAL ★ 2/10
$83.21 $84.88▲ +2.01%▲ +0.98%$86.55 (+4.01%)
Apr 21, 2026
29d ago
Insider Cluster
NEUTRAL ★ 2/10
awaiting T+1
Apr 21, 2026
29d ago
Insider Cluster
BEARISH ★ 7/10
$86.83 $86.29▲ +0.62%▲ +1.64%$86.55 (+0.32%)
Showing 10 of 25

US Market Status

Market Closed — Opens Thu (< 1m)

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