SEI Investments (NASDAQ:SEIC) Director Kathryn Mccarthy sold 9,500 shares of the stock in a transaction that occurred on Friday, July 26th. The shares were sold at an average price of $60.90, for a total transaction of $578,550.00. Following the completion of the sale, the director now owns 75,200 shares in the company, valued at $4,579,680. The sale was disclosed in a document filed with the SEC, which is available through the SEC website.

SEIC stock traded down $0.35 during mid-day trading on Tuesday, hitting $60.05. 5,692 shares of the company were exchanged, compared to its average volume of 429,913. The company has a current ratio of 5.78, a quick ratio of 5.61 and a debt-to-equity ratio of 0.02. The company has a market cap of $9.20 billion, a price-to-earnings ratio of 19.12, a P/E/G ratio of 1.59 and a beta of 1.28. The business has a 50 day simple moving average of $56.12. SEI Investments has a 1-year low of $42.27 and a 1-year high of $64.21.

SEI Investments (NASDAQ:SEIC) last announced its earnings results on Wednesday, July 24th. The asset manager reported $0.82 EPS for the quarter, topping the consensus estimate of $0.79 by $0.03. The firm had revenue of $409.60 million for the quarter, compared to the consensus estimate of $412.28 million. SEI Investments had a net margin of 29.85% and a return on equity of 29.86%. The business’s quarterly revenue was up 1.2% on a year-over-year basis. During the same period last year, the company posted $0.75 EPS. On average, equities research analysts forecast that SEI Investments will post 3.2 EPS for the current fiscal year.

A number of analysts recently weighed in on the stock. ValuEngine upgraded shares of China Southern Airlines from a “sell” rating to a “hold” rating in a research report on Tuesday, June 11th. Keefe, Bruyette & Woods downgraded shares of SEI Investments from an “outperform” rating to a “market perform” rating and increased their price target for the company from $56.00 to $64.00 in a research report on Sunday, April 14th. Zacks Investment Research upgraded shares of HB Fuller from a “sell” rating to a “hold” rating in a research report on Tuesday, June 11th. BidaskClub downgraded shares of Woodward, Inc.Common Stock from a “strong-buy” rating to a “buy” rating in a research report on Saturday. Finally, William Blair reiterated a “market perform” rating on shares of W W Grainger in a research report on Monday, April 22nd. Five research analysts have rated the stock with a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the company’s stock. SEI Investments currently has an average rating of “Hold” and an average price target of $61.50.

Hedge funds have recently made changes to their positions in the business. Global Retirement Partners LLC raised its holdings in SEI Investments by 67.9% during the 4th quarter. Global Retirement Partners LLC now owns 764 shares of the asset manager’s stock worth $35,000 after buying an additional 309 shares during the period. Machina Capital S.A.S. acquired a new stake in SEI Investments during the 2nd quarter worth approximately $48,000. Flagship Harbor Advisors LLC raised its holdings in SEI Investments by 28.6% during the 2nd quarter. Flagship Harbor Advisors LLC now owns 900 shares of the asset manager’s stock worth $50,000 after buying an additional 200 shares during the period. Rockefeller Capital Management L.P. raised its holdings in SEI Investments by 336.5% during the 1st quarter. Rockefeller Capital Management L.P. now owns 1,724 shares of the asset manager’s stock worth $90,000 after buying an additional 1,329 shares during the period. Finally, First Bank & Trust acquired a new stake in SEI Investments during the 1st quarter worth approximately $93,000. Hedge funds and other institutional investors own 68.75% of the company’s stock.

SEI Investments Company Profile

SEI Investments Company is a publicly owned asset management holding company. Through its subsidiaries, the firm provides wealth management, retirement and investment solutions, asset management, asset administration, investment processing outsourcing solutions, financial services, and investment advisory services to its clients.

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Insider Buying and Selling by Quarter for SEI Investments (NASDAQ:SEIC)

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