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Mark Andrew Warner, the Chief Accounting Officer and Controller of SEI Investments Co. (NASDAQ:SEIC), a $9.7 billion financial services company trading at a P/E ratio of 17.1, recently executed a series of stock transactions, according to a Form 4 filing with the Securities and Exchange Commission. According to InvestingPro analysis, the company maintains strong financial health with robust profitability metrics. Warner sold 5,000 shares of SEI Investments common stock at an average price of $80.39 per share, amounting to a total sale value of $401,950.
In addition to the sale, Warner acquired 5,000 shares through the exercise of stock options at a price of $53.34 per share. These acquisitions were part of a compensation package, as noted in the filing. After these transactions, Warner holds 1,300 shares of SEI Investments common stock directly.
These transactions were carried out on March 3, 2025, and the filing was made public on March 5, 2025.
In other recent news, SEI Investments Company reported a 31% year-over-year increase in earnings per share (EPS) for the fourth quarter of 2024, reaching $1.19, which was slightly below the forecast of $1.21. The company’s revenue exceeded expectations, coming in at $557.2 million compared to the anticipated $555.6 million. In a strategic move, SEI announced the sale of its Family Office Services unit to Aquiline Capital Partners (WA:CPAP) for $120 million, with the transaction expected to close in the second quarter of 2025. This unit, which will be renamed Archway, managed assets totaling $723 billion as of December 31, 2024. Additionally, SEI expanded its partnerships by including service providers Nifty, Jump, and TIFIN Wealth, aiming to enhance advisor efficiency. Analysts have noted these partnerships are part of SEI’s broader strategy to support growth and client relationships. Furthermore, SEI’s global expansion strategy is showing strong results, particularly in European markets. The company also made a strategic investment in TIFIN earlier in 2024, aligning with its focus on evolving financial solutions.
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