Executive Chairman WEST ALFRED P JR Sells Shares of SEI Investments Co (SEIC)

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On August 29, 2024, WEST ALFRED P JR, Executive Chairman of SEI Investments Co (SEIC, Financial), sold 5,670 shares of the company. Following this transaction, the insider now owns 7,498,615 shares of SEI Investments Co. The sale was documented in a recent SEC Filing.

SEI Investments Co, a leading provider of investment processing, management, and operations solutions, has seen a significant amount of insider selling over the past year, with 23 insider sells and no insider buys. The insider, WEST ALFRED P JR, has been particularly active, selling a total of 909,844 shares over the past year.

On the date of the latest sale, shares of SEI Investments Co were trading at $67.5. This pricing gives the company a market cap of approximately $8.69 billion. The price-earnings ratio of the company stands at 17.51, which is above the industry median of 12.14.

According to the GF Value, an intrinsic value estimate used by GuruFocus, SEI Investments Co is considered Fairly Valued with a price-to-GF-Value ratio of 1.01. The GF Value is calculated based on historical trading multiples, an adjustment factor from GuruFocus, and future business performance estimates provided by Morningstar analysts.

This recent transaction follows a trend of insider selling at SEI Investments Co, which could be of interest to current and potential investors looking to understand insider behaviors and their implications on stock performance.

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.