On November 6, 2024, Michael Peterson, Executive Vice President of SEI Investments Co (SEIC, Financial), sold 10,000 shares of the company. The transaction was executed at a price of $79.14 per share, as detailed in the SEC Filing. Following this transaction, the insider now owns 6,500 shares of SEI Investments Co.
SEI Investments Co specializes in investment processing, management, and operations solutions. The company provides services to corporations, financial institutions, financial advisors, and ultra-high-net-worth families around the world.
Over the past year, Michael Peterson has sold a total of 35,000 shares of SEI Investments Co and has not made any purchases of the stock. This recent sale is part of a broader trend observed 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 $79.14 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 valuation, according to GF Value, is set 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 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 estimated future business outcomes.
This insider sale might interest investors tracking insider behaviors as an indicator of the company's future performance and valuation perspectives.
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.
