Sei investments executive chairman Alfred West Jr. sells $11.9 million in stock

Published 05/03/2025, 16:46
Sei investments executive chairman Alfred West Jr. sells $11.9 million in stock

Alfred P. West Jr., the Executive Chairman of SEI Investments Co. (NASDAQ:SEIC), has sold a significant portion of his holdings in the company. According to a recent SEC filing, West disposed of shares totaling $11.9 million over a two-day period, March 3 and 4, 2025. The company, which maintains a strong financial health score according to InvestingPro analysis, has demonstrated consistent profitability with a robust 78.9% gross margin over the past twelve months.

The sales involved six separate transactions, with stock prices ranging from $75.77 to $80.30 per share. Following these transactions, West’s direct ownership of SEI Investments stands at approximately 7.08 million shares. Currently trading at a P/E ratio of 17.1x, InvestingPro analysis suggests the stock is slightly undervalued compared to its Fair Value.

Investors often scrutinize such transactions by executives to gauge confidence levels in a company’s future performance. However, the reasons behind stock sales can vary widely, from personal financial planning to portfolio diversification. The company maintains strong fundamentals, with an impressive dividend growth track record of 11 consecutive years of increases and healthy cash flows that adequately cover its obligations. For deeper insights into SEI Investments’ valuation and financial health metrics, access the comprehensive Pro Research Report available on InvestingPro.

In other recent news, SEI Investments Company reported its fourth-quarter 2024 financial results, showing a 31% increase in earnings per share (EPS) to $1.19, although slightly below the forecast of $1.21. Revenue for the quarter reached $557.2 million, surpassing the expected $555.6 million, highlighting strong revenue generation capabilities. SEI announced an acquisition agreement with Aquiline Capital Partners (WA:CPAP) LP for its Family Office Services business, valued at $120 million, expected to close in the second quarter of 2025. This unit will be rebranded as Archway post-acquisition. Additionally, SEI expanded its strategic partnerships by including Nifty, Jump, and TIFIN Wealth to enhance advisor efficiency and growth. The company has also made a strategic investment in TIFIN. SEI Investments continues to focus on expanding its global regulatory and compliance capabilities, with significant growth in European markets. Analyst firms such as Morgan Stanley (NYSE:MS) have been involved in advising on the acquisition deals. These developments reflect SEI’s ongoing strategic initiatives and growth efforts in the financial services sector.

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