SEI Investments (NASDAQ:SEIC) Insider Sells $1,377,300.00 in Stock

SEI Investments Company (NASDAQ:SEIC) insider Philip Mccabe sold 15,000 shares of the firm’s stock in a transaction dated Thursday, April 23rd. The shares were sold at an average price of $91.82, for a total transaction of $1,377,300.00. Following the completion of the sale, the insider owned 54,884 shares of the company’s stock, valued at $5,039,448.88. The trade was a 21.46% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link.

SEI Investments Price Performance

Shares of NASDAQ SEIC opened at $88.84 on Monday. The firm has a market capitalization of $10.75 billion, a PE ratio of 15.16 and a beta of 0.94. The company has a current ratio of 4.52, a quick ratio of 4.40 and a debt-to-equity ratio of 0.07. SEI Investments Company has a 1 year low of $75.08 and a 1 year high of $93.96. The firm’s 50-day moving average is $79.82 and its 200-day moving average is $81.91.

SEI Investments (NASDAQ:SEIC) last issued its earnings results on Wednesday, April 22nd. The asset manager reported $1.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.29 by $0.15. The company had revenue of $622.18 million for the quarter, compared to analyst estimates of $641.82 million. SEI Investments had a net margin of 31.17% and a return on equity of 30.70%. The company’s revenue for the quarter was up 12.9% on a year-over-year basis. During the same quarter last year, the firm earned $1.17 EPS. Equities analysts expect that SEI Investments Company will post 5.9 EPS for the current year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of SEIC. Bison Wealth LLC bought a new position in SEI Investments during the 4th quarter worth approximately $207,000. Baird Financial Group Inc. bought a new position in SEI Investments during the 1st quarter worth approximately $201,000. Geneos Wealth Management Inc. boosted its stake in SEI Investments by 60.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 532 shares of the asset manager’s stock worth $41,000 after acquiring an additional 200 shares during the last quarter. M&T Bank Corp boosted its stake in SEI Investments by 11.9% during the 2nd quarter. M&T Bank Corp now owns 3,217 shares of the asset manager’s stock worth $289,000 after acquiring an additional 341 shares during the last quarter. Finally, CW Advisors LLC bought a new position in SEI Investments during the 2nd quarter worth approximately $280,000. Institutional investors own 70.59% of the company’s stock.

Analyst Ratings Changes

SEIC has been the topic of several recent research reports. Raymond James Financial reaffirmed an “outperform” rating and issued a $117.00 target price on shares of SEI Investments in a research note on Monday, January 5th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of SEI Investments in a research note on Tuesday, April 21st. Keefe, Bruyette & Woods raised their target price on shares of SEI Investments from $95.00 to $107.00 and gave the company an “outperform” rating in a research note on Thursday. Piper Sandler reaffirmed an “overweight” rating and issued a $105.00 target price (up from $99.00) on shares of SEI Investments in a research note on Thursday. Finally, UBS Group initiated coverage on shares of SEI Investments in a research note on Wednesday, February 4th. They issued a “buy” rating and a $115.00 target price on the stock. Seven research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, SEI Investments presently has a consensus rating of “Moderate Buy” and an average target price of $108.83.

Key Stories Impacting SEI Investments

Here are the key news stories impacting SEI Investments this week:

• Positive Sentiment: Q1 earnings beat and margin gains — SEI reported Q1 EPS of $1.44, topping consensus and showing year‑over‑year revenue and operating‑margin improvement, a core positive for an asset manager that supports forward earnings expectations. PR Newswire: Q1 Results
• Positive Sentiment: Analyst upgrade lifts sentiment — Keefe, Bruyette & Woods raised its price target to $107 and kept an outperform rating, signaling institutional confidence in SEI’s growth trajectory and providing upside support. Benzinga: KBW Raise
• Neutral Sentiment: Revenue vs. estimates and AUM dynamics — while revenue and AUM rose year‑over‑year, reported revenue (~$622M) came in below some consensus estimates, creating a mixed read despite the EPS beat; read-throughs from the earnings call/transcript add nuance on fee mix and expense timing. Yahoo: Q1 Highlights
• Negative Sentiment: Significant insider selling — Director/insider Sanjay Sharma disclosed a sale of 25,000 shares (~38.6% reduction) at an average ~$90.12 and another insider, Philip McCabe, sold 15,000 shares at ~$91.82; large, concurrent insider disposals can be perceived negatively by the market even if sales are for diversification or tax reasons. S. Sharma SEC Filing P. McCabe SEC Filing

SEI Investments Company Profile

SEI Investments Company is a global provider of asset management, investment processing, and investment operations solutions. The firm offers a range of services designed to help financial institutions, private banks, wealth managers and family offices streamline back-office functions and enhance front-office capabilities. SEI’s technology platforms support various stages of the investment lifecycle, including trade execution, performance reporting, risk analytics and client communications.

The company’s core offerings include outsourced fund administration, custody and trust services, managed account solutions, and wealth management technology.