SEI Investments Company (NASDAQ:SEIC) has been under a strong bear grip, hence the stock is down -2.74% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.89% in the past 1 week. The stock has risen by 2.18% in the past week indicating that the buyers are active at lower levels, but the stock is down -1.17% in the past 4 weeks.
The company shares have dropped -0.24% from its 1 Year high price. On Aug 10, 2015, the shares registered one year high at $55.48 and the one year low was seen on Feb 8, 2016. The 50-Day Moving Average price is $49.36 and the 200 Day Moving Average price is recorded at $45.18.
The stock has recorded a 20-day Moving Average of 1.82% and the 50-Day Moving Average is 0.56%.
SEI Investments Company (NASDAQ:SEIC): stock turned positive on Friday. Though the stock opened at $49.16, the bulls momentum made the stock top out at $49.36 level for the day. The stock recorded a low of $48.91 and closed the trading day at $49.15, in the green by 1.53%. The total traded volume for the day was 614,874. The stock had closed at $48.41 in the previous days trading.
In an insider trading activity, The Securities and Exchange Commission has divulged that Blumenstein Sarah, director of Sei Investments Co, had unloaded 16,500 shares at an average price of $49.89 in a transaction dated on June 10, 2016. The total value of the transaction was worth $823,185.
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.