SEIC - SEI Inv Executive Vice President Sold $139K In Company Stock | Benzinga
Paul Klauder, Executive Vice President at SEI Inv (NASDAQ:SEIC), disclosed an insider sell on March 28, according to a recent SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Thursday showed that Klauder sold 2,000 shares of SEI Inv. The total transaction amounted to $139,600.
The latest update on Thursday morning shows SEI Inv shares down by 0.0%, trading at $72.02.
Discovering SEI Inv: A Closer Look
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.
SEI Inv's Economic Impact: An Analysis
Revenue Growth: Over the 3 months period, SEI Inv showcased positive performance, achieving a revenue growth rate of 6.19% as of 31 December, 2023. This reflects a substantial increase in the company's top-line earnings. As compared to its peers, the revenue growth lags ...