SEIC - Alfred P. West Jr. Takes Money Off The Table Sells $1.40M In SEI Inv Stock | Benzinga
A substantial insider sell was reported on April 1, by Alfred P. West Jr.,, Executive Chairman at SEI Inv (NASDAQ:SEIC), based on the recent SEC filing.
What Happened: According to a Form 4 filing with the U.S. Securities and Exchange Commission on Monday, Jr., sold 19,363 shares of SEI Inv. The total transaction value is $1,396,846.
Tracking the Monday's morning session, SEI Inv shares are trading at $71.9, showing a down of 0.0%.
Get to Know SEI Inv Better
SEI Investments provides investment processing, management, and operations services to financial institutions, asset managers, asset owners, and financial advisors in four material segments: private banks, investment advisors, institutional investors, and investment managers. SEI also has a minority interest in LSV Asset Management, a value equity asset manager with about $99 billion in assets under management. As of December 2023, SEI (including LSV) manages, administers, or advises about $1.4 trillion in assets.
Breaking Down SEI Inv's Financial Performance
Revenue Growth: SEI Inv's remarkable performance in 3 months is evident. As of 31 December, 2023, the company achieved an impressive revenue growth rate of 6.19%. This signifies a substantial increase in the company's top-line ...