SEI Investments EVP N Jeffrey Klauder Sells 10,000 Shares (SEIC)
SEI Investments (NASDAQ:SEIC) EVP N Jeffrey Klauder unloaded 10,000 shares of the stock in a transaction dated Monday, May 12th. The stock was sold at an average price of $32.49, for a total transaction of $324,900.00. Following the sale, the executive vice president now directly owns 61,489 shares of the company’s stock, valued at approximately $1,997,778. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Separately, analysts at Zacks reiterated a “neutral” rating on shares of SEI Investments in a research note on Wednesday, April 2nd. They now have a $35.00 price target on the stock. Two research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus target price of $35.40.
SEI Investments (NASDAQ:SEIC) traded down 0.34% during mid-day trading on Tuesday, hitting $32.36. 140,351 shares of the company’s stock traded hands. SEI Investments has a 52-week low of $27.28 and a 52-week high of $35.59. The stock has a 50-day moving average of $32.26 and a 200-day moving average of $33.5. The company has a market cap of $5.474 billion and a P/E ratio of 19.56.
SEI Investments (NASDAQ:SEIC) last released its earnings data on Wednesday, April 23rd. The company reported $0.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.40 by $0.01. The company had revenue of $302.40 million for the quarter, compared to the consensus estimate of $305.10 million. During the same quarter in the previous year, the company posted $0.33 earnings per share. The company’s revenue for the quarter was up 11.2% on a year-over-year basis. Analysts expect that SEI Investments will post $1.72 EPS for the current fiscal year.
SEI Investments Company (NASDAQ:SEIC) is a global provider of investment processing, investment management, and investment operations solutions.
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