TSX runs higher on rate cut expectations
Executive Vice President of SEI Investments Co (NASDAQ:SEIC), Michael Peterson, sold 684 shares of common stock on August 5, 2025, according to a Form 4 filing with the Securities and Exchange Commission. SEI Investments, a financial services company with a market capitalization of $10.9 billion, has maintained strong financial health according to InvestingPro metrics. The shares were sold at an average price of $88.69, realizing proceeds of $60,663. Prices ranged from $88.50 to $88.94. The company currently trades at a P/E ratio of 16.2 and offers a dividend yield of 1.12%, having raised its dividend for 11 consecutive years.
On the same day, Peterson also exercised options to acquire 684 shares of SEI Investments common stock at a price of $61.81, for a total value of $42278. These options were received as employment compensation and became exercisable on December 31, 2024.
Following these transactions, Peterson directly owns 13,500 shares of SEI Investments Co.
In other recent news, SEI Investments Company reported their financial results for the second quarter of 2025, surpassing earnings per share (EPS) expectations. The company achieved an EPS of $1.78, exceeding the anticipated $1.19, which represents a 49.58% surprise. However, revenue slightly missed projections, totaling $559.6 million against the expected $562.02 million. In addition to these financial updates, SEI announced the appointment of Amy Sliwinski as Executive Vice President and Chief People and Culture Officer. Sliwinski, previously Chief Human Resource Officer at SKF, will focus on transforming SEI’s global talent strategies. Her role will encompass talent management, professional development, company culture, and benefits. These developments reflect SEI’s ongoing efforts to strengthen its leadership team and enhance its operational strategies.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.