tiprankstipranks
Insider Trading

Major Stock Sell-Offs at SEI Investments Company!

Major Stock Sell-Offs at SEI Investments Company!

New insider activity at SEI Investments Company ( (SEIC) ) has taken place on March 6, 2025.

EC Alfred West has made a significant transaction by selling 152,842 shares of SEI Investments Company stock, amounting to a total of $11,903,333. Additionally, Mark Andrew Warner has sold 5,000 shares of the same company, with the sale valued at $401,950.

Recent Updates on SEIC stock

SEI Investments Company has recently announced significant developments, including the sale of its Family Office Services business to Aquiline Capital Partners LP for $120 million. This strategic move is part of SEI’s focus on growth areas, while Aquiline plans to enhance the Archway Platform’s capabilities. Additionally, SEI has expanded the role of Executive Vice President Sean J. Denham to include Chief Financial and Chief Operating Officer responsibilities, aiming to support its growth strategy. Despite these developments, SEI faces risks related to potential flaws in its quantitative investment models, which are critical for risk assessment and portfolio management. These factors have influenced recent price target changes and analyst ratings, reflecting both strategic growth initiatives and underlying business risks.

More about SEI Investments Company

YTD Price Performance: -6.88%

Average Trading Volume: 648,292

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $9.68B

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com