Sei Investments Co (SEIC): Alfred P Jr West , 10% owner of Sei Investments Co sold 43,000 shares on May 5, 2016. The Insider selling transaction was reported by the company on May 10, 2016 to the Securities and Exchange Commission. The shares were sold at $47.74 per share for a total value of $2,052,820.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on May 4, 2016, Alfred P Jr West (10% owner) sold 60,000 shares at $48.81 per share price.On Mar 30, 2016, Kevin Barr (EXECUTIVE VICE PRESIDENT) sold 188 shares at $42.00 per share price.Also, On Mar 7, 2016, Carl Guarino (director) purchased 6,592 shares at $37.01 per share price.On Dec 28, 2015, Richard Lieb (director) sold 12,500 shares at $51.84 per share price.
SEI Investments Company: On Friday, May 6, 2016 heightened volatility was witnessed in SEI Investments Company which led to swings in the share price. The shares opened for trading at $47.14 and hit $47.89 on the upside , eventually ending the session at $47.8, with a gain of 0.53% or 0.25 points. The heightened volatility saw the trading volume jump to 6,95,407 shares. The 52-week high of the share price is $55.48 and the company has a market cap of $7,743 M . The 52-week low of the share price is at $32.01.
Company has been under the radar of several Street Analysts.SEI Investments Company is Upgraded by Keefe Bruyette to Mkt Perform. Earlier the firm had a rating of Underperform on the company shares. The Rating was issued on Apr 6, 2016.
SEI Investments Company is a provider of investment processing investment management and investment operations solutions. The Company enables corporations financial institutions financial advisors and ultra-high-net-worth families create and manage wealth by providing investment and investment-business solutions. The Company operates in five segments: Private Banks Investment Advisors Institutional Investors Investment Managers and Investments in New Businesses. The Companys investment management business solutions include investment processing outsourcing solutions for providers of institutional and private-client wealth management services including banks trust companies independent wealth advisers and other financial services firms; investment management solutions for institutional investors and individual investors and investment operations outsourcing solutions for investment management firms banks and investment companies.