Kathryn McCarthy, Board Member at SEI Inv (NASDAQ:SEIC), reported a large insider sell on September 11, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Monday showed that McCarthy sold 10,000 shares of SEI Inv. The total transaction amounted to $605,766.
SEI Inv shares are trading down 1.52% at $60.2 at the time of this writing on Tuesday morning.
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Why Insider Transactions Are Important
Insider transactions shouldn't be used primarily to ...