Sei investments co executive vice president sells $4.2m in stock

Published 16/05/2025, 14:04
Sei investments co executive vice president sells $4.2m in stock

OAKS, PA—Michael Peterson, Executive Vice President at SEI Investments Co (NASDAQ:SEIC), recently sold a significant portion of his holdings in the company. According to a recent SEC filing, Peterson sold 50,000 shares of SEI Investments’ common stock on May 15, 2025, at a weighted average price ranging from $84.25 to $84.36, totaling approximately $4.2 million. The sale occurs as the stock trades near its 52-week high of $87.25, with a strong one-year return of 25.6%, according to InvestingPro data. Following these transactions, Peterson retains ownership of 13,500 shares.

In addition to the stock sales, Peterson also executed options to acquire 50,000 shares of SEI Investments’ common stock. These options were exercised at prices between $56.54 and $60.46, resulting in a total transaction value of approximately $2.88 million. The shares acquired from these options were subsequently sold, contributing to the reported stock sale total. SEI Investments, currently valued at $10.55 billion, maintains a "GREAT" financial health score according to InvestingPro, which offers comprehensive analysis and 10+ additional ProTips for this stock.

In other recent news, SEI Investments Company reported its Q1 2025 earnings, surpassing analyst expectations with an earnings per share (EPS) of $1.17 compared to the forecasted $1.15. The company’s revenue came in at $551.34 million, slightly below the expected $556.76 million. SEI achieved its highest consolidated operating profit margin in three years at 28.5%, driven by strategic business initiatives. Piper Sandler raised its price target for SEI Investments to $79 from $74, maintaining a Neutral rating, following SEI’s strong quarterly performance. The firm also revised its EPS estimates for SEI for 2025 and 2026 to $4.64 and $4.94, respectively, up from previous projections. Additionally, SEI announced leadership changes with Sean Lawlor and Lori Wayne taking on key roles to enhance its traditional investment arm. These developments are part of SEI’s ongoing strategic commitment to growth and client service. Management at SEI has indicated no slowdown in activity despite macroeconomic volatility, marking a positive outlook for the company’s future performance.

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