Key Points
- Insider sale: Director Sanjay Sharma sold 25,000 shares on April 23 at an average price of $90.12 for about $2.253 million, reducing his holding by ~38.6% to 39,829 shares.
- Quarterly results: SEI reported Q1 EPS of $1.44 versus $1.29 expected and revenue of $622.18M (slightly below consensus) while revenue was up 12.9% year‑over‑year and margins remained strong (net margin 31.17%).
- Analyst sentiment: The stock has mostly bullish coverage (seven Buys, one Hold) with an average target of $108.83 and several firms raising price targets into the $107–$117 range.
SEI Investments Company (NASDAQ:SEIC - Get Free Report) insider Sanjay Sharma sold 25,000 shares of the business's stock in a transaction dated Thursday, April 23rd. The stock was sold at an average price of $90.12, for a total transaction of $2,253,000.00. Following the completion of the transaction, the insider directly owned 39,829 shares in the company, valued at $3,589,389.48. This trade represents a 38.56% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.
SEI Investments Price Performance
Shares of NASDAQ:SEIC opened at $91.05 on Friday. The company's 50-day moving average is $79.62 and its 200 day moving average is $81.92. The company has a debt-to-equity ratio of 0.04, a quick ratio of 3.20 and a current ratio of 3.29. The company has a market capitalization of $11.02 billion, a P/E ratio of 15.54 and a beta of 0.94. SEI Investments Company has a fifty-two week low of $75.08 and a fifty-two week high of $93.96.
SEI Investments (NASDAQ:SEIC - Get Free Report) last issued its quarterly earnings results on Wednesday, April 22nd. The asset manager reported $1.44 earnings per share for the quarter, topping analysts' consensus estimates of $1.29 by $0.15. The company had revenue of $622.18 million for the quarter, compared to the consensus estimate of $641.82 million. SEI Investments had a net margin of 31.17% and a return on equity of 30.98%. The firm's quarterly revenue was up 12.9% on a year-over-year basis. During the same period in the previous year, the firm earned $1.17 EPS. On average, equities research analysts forecast that SEI Investments Company will post 5.44 earnings per share for the current year.
Institutional Investors Weigh In On SEI Investments
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Arizona State Retirement System raised its stake in SEI Investments by 0.4% in the 3rd quarter. Arizona State Retirement System now owns 31,307 shares of the asset manager's stock valued at $2,656,000 after acquiring an additional 129 shares during the period. Allworth Financial LP raised its stake in SEI Investments by 44.0% in the 3rd quarter. Allworth Financial LP now owns 432 shares of the asset manager's stock valued at $37,000 after acquiring an additional 132 shares during the period. Commerce Bank raised its stake in SEI Investments by 1.3% in the 4th quarter. Commerce Bank now owns 10,060 shares of the asset manager's stock valued at $825,000 after acquiring an additional 133 shares during the period. Focus Partners Advisor Solutions LLC raised its stake in SEI Investments by 1.2% in the 4th quarter. Focus Partners Advisor Solutions LLC now owns 11,957 shares of the asset manager's stock valued at $981,000 after acquiring an additional 141 shares during the period. Finally, Johnson Investment Counsel Inc. raised its stake in SEI Investments by 0.5% in the 3rd quarter. Johnson Investment Counsel Inc. now owns 29,852 shares of the asset manager's stock valued at $2,533,000 after acquiring an additional 153 shares during the period. 70.59% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
A number of equities analysts recently weighed in on the stock. Keefe, Bruyette & Woods boosted their price target on shares of SEI Investments from $95.00 to $107.00 and gave the stock an "outperform" rating in a report on Thursday. Raymond James Financial restated an "outperform" rating and issued a $117.00 price objective on shares of SEI Investments in a research note on Monday, January 5th. UBS Group began coverage on SEI Investments in a research note on Wednesday, February 4th. They issued a "buy" rating and a $115.00 price objective on the stock. Weiss Ratings restated a "buy (b)" rating on shares of SEI Investments in a research note on Tuesday. Finally, Morgan Stanley lowered their price objective on SEI Investments from $119.00 to $108.00 and set an "overweight" rating on the stock in a research note on Thursday, April 2nd. Seven investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $108.83.
View Our Latest Research Report on SEI Investments
SEI Investments News Summary
Here are the key news stories impacting SEI Investments this week:
- Positive Sentiment: Q1 earnings beat and margin improvement: SEI reported Q1 EPS that topped consensus and showed year‑over‑year growth in revenue, operating income and operating margin — metrics investors typically reward in asset managers. Read More.
- Positive Sentiment: Analyst upgrade and higher price target: Keefe, Bruyette & Woods raised its price target to $107 and kept an outperform rating, giving the stock notable upside from current levels and supporting bullish sentiment. Read More.
- Neutral Sentiment: Revenue/AUM mix: Revenue and AUM rose year‑over‑year and cash‑flow metrics showed growth in some areas, but total revenue for the quarter slightly trailed some street estimates — a mixed signal that tempers the beat. Read More.
- Negative Sentiment: Insider selling: Director/insider Sanjay Sharma sold 25,000 shares (~38.6% reduction in his holding) at an average price of $90.12, disclosed in an SEC Form 4 — a signal some investors view as cautionary. Read More.
SEI Investments Company Profile
(
Get Free Report)
SEI Investments Company is a global provider of asset management, investment processing, and investment operations solutions. The firm offers a range of services designed to help financial institutions, private banks, wealth managers and family offices streamline back-office functions and enhance front-office capabilities. SEI's technology platforms support various stages of the investment lifecycle, including trade execution, performance reporting, risk analytics and client communications.
The company's core offerings include outsourced fund administration, custody and trust services, managed account solutions, and wealth management technology.
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