The EXECUTIVE VICE PRESIDENT of SEI Investments Company is Selling Shares

By George MacDonald

Yesterday, the EXECUTIVE VICE PRESIDENT of SEI Investments Company, Edward Loughlin, sold stocks of SEIC for $1.39M.

Following Loughlin’s last SEIC Sell transaction on July 31, 2014, the stock climbed by 10.1%. In addition to Loughlin, 4 other SEIC executives reported Sell trades in the last month.

Based on SEI Investments Company`s latest earnings report from March 31, the company posted quarterly revenue of $325.4M and quarterly net profit of $84.61M. In comparison, last year the company earned revenue of $302.4M and had a net profit of $74.82M. The company has a one year high of $$46.68 and a one year low of $$30.63. SEIC’s market cap is $7.69B and the company has a P/E ratio of 24.1%.

Looking at blogger coverage of SEIC, there is a 100% Bullish tendency on the stock, in relation to a 67% average bullish tendency within the Financial sector.

In the last 30 days, insiders have sold $3.13M worth of SEIC shares and purchased $1.35M worth of SEIC shares. Over the last 3 months, the insider sentiment on SEI Investments Company has been neutral based on 101 corporate insider transactions. This sentiment is higher than the average sector sentiment of insiders.

SEI Investments Company is a provider of investment processing, investment management and investment operations solutions that help financial institutions, financial advisors, institutional investors and investment managers create and manage wealth.