Sei Investments Co (SEIC): Alfred P Jr West , 10% owner of Sei Investments Co sold 60,000 shares on May 2, 2016. The Insider selling transaction was reported by the company on May 4, 2016 to the Securities and Exchange Commission. The shares were sold at $48.81 per share for a total value of $2,928,600.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Mar 30, 2016, Kevin Barr (EXECUTIVE VICE PRESIDENT) sold 188 shares at $42.00 per share price.On Mar 21, 2016, Alfred P Jr West (10% owner) sold 50,000 shares at $40.47 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.
Shares of SEI Investments Company (SEIC) ended Wednesday, May 4, 2016 session in red amid volatile trading. The shares closed down -0.42 points or -0.88% at $47.4 with 5,06,669 shares getting traded. Post opening the session at $47.41, the shares hit an intraday low of $47.05 and an intraday high of $47.87 and the price vacillated in this range throughout the day. The company has a market cap of $7,678 M and the number of outstanding shares has been calculated to be 16,19,93,070 shares. The 52-week high of SEI Investments Company is $55.48 and the 52-week low is $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.