SEIC - SEI Inv Executive Chairman Trades Company's Stock | Benzinga
On May 13, a recent SEC filing unveiled that Alfred P. West Jr.,, Executive Chairman at SEI Inv (NASDAQ:SEIC) made an insider sell.
What Happened: According to a Form 4 filing with the U.S. Securities and Exchange Commission on Monday, Jr., sold 140,000 shares of SEI Inv. The total transaction value is $9,605,400.
The latest update on Monday morning shows SEI Inv shares down by 0.0%, trading at $68.5.
All You Need to Know About SEI Inv
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.
Understanding the Numbers: SEI Inv's Finances
Positive Revenue Trend: Examining SEI Inv's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 9.05% as of 31 March, 2024, showcasing a substantial increase in top-line earnings. When compared to others in the Financials sector, ...