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Alfred P. West Jr., Executive Chairman of SEI Investments Co. (NASDAQ:SEIC), recently sold 1,372 shares of the company’s common stock. The shares were sold at an average price of $76.28, generating a total transaction value of $104,656. The transaction comes as InvestingPro data shows SEI maintaining strong financial health with a current ratio of 4.08x and an impressive Altman Z-Score of 16.29. Following this sale, West retains ownership of 7,078,708 shares in the company. The sale, executed on March 5, 2025, was part of West’s ongoing management of his holdings in the company. According to InvestingPro, SEI has maintained dividend payments for 37 consecutive years and shows robust profitability with a 79% gross margin. InvestingPro analysis suggests the stock is currently trading below its Fair Value, with additional insights available in the comprehensive Pro Research Report.
In other recent news, SEI Investments Company reported its fourth-quarter 2024 financial results, highlighting a 31% year-over-year increase in earnings per share (EPS) to $1.19, although this was slightly below the forecast of $1.21. The company’s revenue reached $557.2 million, surpassing the expected $555.6 million. Additionally, SEI announced the sale of its Family Office Services unit to Aquiline Capital Partners (WA:CPAP) LP for $120 million, with the transaction expected to close in the second quarter of 2025, pending regulatory approval. The Family Office Services unit will be rebranded as Archway following the sale.
SEI has also expanded its strategic partnerships by including Nifty, Jump, and TIFIN Wealth, aiming to enhance advisor efficiency. The company’s commitment to evolving its solutions is underscored by these partnerships, which are designed to help advisors cut costs and improve client relationships. Furthermore, SEI’s global expansion efforts have shown significant growth in European markets. Meanwhile, SEI’s strategic initiatives continue to gain traction, with the company experiencing nearly a 60% increase in net sales events compared to 2023.
In terms of analyst activity, SEI’s stock has been a topic of discussion among firms such as Morgan Stanley (NYSE:MS), which acted as a financial advisor in the recent acquisition deal. SEI’s focus remains on expanding its global regulatory and compliance capabilities, with expectations for continued growth in 2025.
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