On October 25, 2024, Ryan Hicke, the CEO of SEI Investments Co (SEIC, Financial), executed a sale of 10,000 shares of the company. The transaction was filed with the SEC and can be viewed in detail through the SEC Filing. Following this transaction, the insider now owns 147,608.77 shares of SEI Investments Co.
SEI Investments Co specializes in providing investment processing, management, and operations solutions to financial institutions and corporations worldwide. The company operates through multiple segments, including Private Banks, Investment Advisors, Institutional Investors, and Investment Managers.
Over the past year, the insider transaction history for SEI Investments Co shows a trend of more sales than purchases among insiders. There have been 22 insider sells and no insider buys. This recent sale by Ryan Hicke aligns with the ongoing trend observed within the company.
Shares of SEI Investments Co were trading at $74.9 on the day of the transaction. The company has a market cap of approximately $9.823 billion. The price-earnings ratio of the stock stands at 18.41, which is above the industry median of 11.585.
The stock's valuation according to the GF Value is set at $68.80, indicating that SEI Investments Co is modestly overvalued with a price-to-GF-Value ratio of 1.09. The GF Value is calculated based on historical trading multiples, an adjustment factor from GuruFocus, and future business performance estimates from analysts.
This insider sell event might be of interest to investors tracking insider behaviors and evaluating the stock's current valuation metrics such as the price-sales ratio, price-book ratio, and price-to-free cash flow to make informed investment decisions.
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.