On October 25, 2024, Michael Peterson, Executive Vice President and General Counsel of SEI Investments Co (SEIC, Financial), sold 25,000 shares of the company. The transaction was documented in a recent SEC Filing. Following this sale, the insider now owns 6,500 shares of SEI Investments Co.
SEI Investments Co is a global provider of investment processing, management, and operations solutions. The company helps professional wealth managers, institutional investors, investment management firms, and private investors create and manage wealth by providing innovative and comprehensive solutions that enable clients to achieve their investment objectives.
Over the past year, Michael Peterson has engaged in multiple transactions involving the company's stock, selling a total of 25,000 shares and purchasing none. This recent sale is part of a broader trend observed within the company, where there have been 22 insider sells and no insider buys over the past year.
Shares of SEI Investments Co were priced at $74.59 on the day of the sale. The company currently holds a market cap of approximately $9.82 billion. The price-earnings ratio of SEI Investments Co stands at 18.41, which is above the industry median of 11.585.
The stock's valuation, according to GF Value, is set at $68.80, indicating that SEI Investments Co is modestly overvalued with a price-to-GF-Value ratio of 1.08.
The GF Value is calculated based on historical trading multiples such as the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, adjusted for the company's past performance and expected future business outcomes.
This insider sale could be of interest to current and potential investors, as insider transactions can provide valuable insights into a company's financial health and future prospects.
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.
