SEI Investments Co (NASDAQ: SEIC) is 4.30% higher on its value in year-to-date trading and has touched a low of $62.38 and a high of $87.25 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The SEIC stock was last observed hovering at around $82.96 in the last trading session, with the day’s gains setting it 3.07%.
Currently trading at $86.03, the stock is 4.15% and 3.93% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.14 million and changing 3.70% at the moment leaves the stock 19.51% off its SMA200. SEIC registered 33.67% gain for a year compared to 6-month gain of 27.13%. The firm has a 50-day simple moving average (SMA 50) of $82.6828 and a 200-day simple moving average (SMA200) of $71.89055.
The stock witnessed a 3.20% loss in the last 1 month and extending the period to 3 months gives it a 13.48%, and is 2.10% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.08% over the week and 1.83% over the month.
SEI Investments Co (SEIC) has around 5089 employees, a market worth around $11.09B and $2.13B in sales. Current P/E ratio is 19.47 and Fwd P/E is 16.07. Profit margin for the company is 27.33%. Distance from 52-week low is 37.91% and -1.40% from its 52-week high. The company has generated returns on investments over the last 12 months (25.53%).
with sales reaching $556.76M over the same period.The EPS is expected to grow by 10.54% this year, but quarterly earnings will post 7.51% year-over-year. Quarterly sales are estimated to grow 8.83% in year-over-year returns.
723.0 institutions hold shares in SEI Investments Co (SEIC), with institutional investors hold 96.06% of the company’s shares. The shares outstanding are 126.84M, and float is at 97.33M with Short Float at 1.86%. Institutions hold 73.15% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 11.84 million shares valued at $765.81 million. The investor’s holdings represent 9.008 of the SEIC Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 11.49 million shares valued at $743.51 million to account for 8.7458 of the shares outstanding. The other top investors are LOOMIS SAYLES & CO L P which holds 9.44 million shares representing 7.1851 and valued at over $610.83 million, while STATE STREET CORP holds 4.6503 of the shares totaling 6.11 million with a market value of $395.34 million.
SEI Investments Co (SEIC) Insider Activity
The most recent transaction is an insider sale by WEST ALFRED P JR, the company’s Executive Chairman. SEC filings show that WEST ALFRED P JR sold 94,158 shares of the company’s common stock on Dec 13 ’24 at a price of $85.73 per share for a total of $8.07 million. Following the sale, the insider now owns 7.28 million shares.
SEI Investments Co disclosed in a document filed with the SEC on Dec 16 ’24 that WEST ALFRED P JR (Executive Chairman) sold a total of 52,042 shares of the company’s common stock. The trade occurred on Dec 16 ’24 and was made at $85.23 per share for $4.44 million. Following the transaction, the insider now directly holds 7.23 million shares of the SEIC stock.
Still, SEC filings show that on Dec 13 ’24, Alfred Paul West Jr (Affiliate) Proposed Sale 150,000 shares at an average price of $86.58 for $12.99 million. The insider now directly holds shares of SEI Investments Co (SEIC).
