On November 6, 2024, Director Carmen Romeo sold 5,000 shares of SEI Investments Co (SEIC, Financial) at a price of $79.64 per share. The transaction was documented in a recent SEC Filing. Following this sale, the insider now owns 1,577,652 shares of the company.
SEI Investments Co is a financial services firm, providing wealth management, asset management, and investment processing solutions. The company operates globally, serving a diverse clientele including financial institutions, corporations, and ultra-high-net-worth individuals.
Over the past year, Carmen Romeo has sold a total of 10,000 shares of SEI Investments Co and has not purchased any shares. This recent sale is part of a broader trend within the company, where there have been 24 insider sells and no insider buys over the past year.
Shares of SEI Investments Co were trading at $79.64 on the day of the sale, giving the company a market cap of approximately $10.35 billion. The price-earnings ratio of the company stands at 19.39, which is above the industry median of 11.425.
The stock's GF Value is estimated at $69.10, indicating that SEI Investments Co is modestly overvalued with a price-to-GF-Value ratio of 1.15.
The GF Value is calculated considering historical trading multiples such as the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.
This insider sale might be of interest to investors tracking insider behaviors and evaluating the valuation metrics of SEI Investments Co.
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.
