2 weeks Ago By ABMN Staff
SEI Investments ( NASDAQ:SEIC – Get Free Report ) ‘s stock had its “market perform” rating reaffirmed by research analysts at William Blair in a research note issued on Thursday, RTT News reports. William Blair also issued estimates for SEI Investments’ Q2 2025 earnings at $1.14 EPS and Q4 2025 earnings at $1.
27 EPS. A number of other equities research analysts also recently issued reports on SEIC. Raymond James raised SEI Investments from a “market perform” rating to an “outperform” rating and set a $99.
00 price target for the company in a research report on Thursday, January 30th. Oppenheimer reiterated an “outperform” rating on shares of SEI Investments in a report on Thursday. Piper Sandler increased their target price on shares of SEI Investments from $74.
00 to $79.00 and gave the stock a “neutral” rating in a research report on Thursday. StockNews.
com cut shares of SEI Investments from a “buy” rating to a “hold” rating in a research report on Wednesday, April 16th. Finally, Morgan Stanley reissued an “overweight” rating and issued a $82.00 price objective (up previously from $77.
00) on shares of SEI Investments in a research report on Thursday. Three analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.
com, SEI Investments has an average rating of “Moderate Buy” and a consensus target price of $87.60. Read Our Latest Stock Analysis on SEIC SEI Investments Trading Down 0.
1 % SEI Investments ( NASDAQ:SEIC – Get Free Report ) last announced its quarterly earnings data on Wednesday, April 23rd. The asset manager reported $1.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.
12 by $0.05. The business had revenue of $551.
34 million for the quarter, compared to the consensus estimate of $556.76 million. SEI Investments had a net margin of 27.
35% and a return on equity of 25.51%. As a group, research analysts predict that SEI Investments will post 4.
86 earnings per share for the current year. SEI Investments declared that its Board of Directors has initiated a stock buyback program on Tuesday, March 18th that permits the company to buyback $500.00 million in outstanding shares.
This buyback authorization permits the asset manager to purchase up to 5.3% of its stock through open market purchases. Stock buyback programs are typically a sign that the company’s board of directors believes its stock is undervalued.
Insider Activity In other news, insider Mark Andrew Warner sold 5,000 shares of the firm’s stock in a transaction on Monday, March 3rd. The stock was sold at an average price of $80.39, for a total transaction of $401,950.
00. Following the transaction, the insider now directly owns 1,300 shares of the company’s stock, valued at approximately $104,507. This trade represents a 79.
37 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website . Also, Chairman Alfred P.
West, Jr. sold 1,372 shares of the business’s stock in a transaction dated Wednesday, March 5th. The stock was sold at an average price of $76.
28, for a total transaction of $104,656.16. Following the sale, the chairman now owns 7,078,708 shares in the company, valued at $539,963,846.
24. This trade represents a 0.02 % decrease in their ownership of the stock.
The disclosure for this sale can be found here . In the last three months, insiders sold 79,214 shares of company stock valued at $6,293,903. Company insiders own 14.
30% of the company’s stock. Hedge Funds Weigh In On SEI Investments Several hedge funds have recently modified their holdings of the company. CoreFirst Bank & Trust bought a new position in shares of SEI Investments during the 4th quarter valued at about $31,000.
Allworth Financial LP lifted its stake in SEI Investments by 53.7% during the fourth quarter. Allworth Financial LP now owns 452 shares of the asset manager’s stock valued at $38,000 after purchasing an additional 158 shares during the last quarter.
Versant Capital Management Inc boosted its holdings in SEI Investments by 156.1% during the first quarter. Versant Capital Management Inc now owns 543 shares of the asset manager’s stock worth $42,000 after buying an additional 331 shares in the last quarter.
First Horizon Advisors Inc. grew its position in SEI Investments by 25.4% in the fourth quarter.
First Horizon Advisors Inc. now owns 578 shares of the asset manager’s stock worth $48,000 after buying an additional 117 shares during the last quarter. Finally, Rialto Wealth Management LLC bought a new position in shares of SEI Investments in the fourth quarter valued at $55,000.
70.59% of the stock is currently owned by institutional investors and hedge funds. SEI Investments Company Profile ( Get Free Report ) SEI Investments Company is a publicly owned asset management holding company.
Through its subsidiaries, the firm provides wealth management, retirement and investment solutions, asset management, asset administration, investment processing outsourcing solutions, financial services, and investment advisory services to its clients. Recommended Stories Receive News & Ratings for SEI Investments Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SEI Investments and related companies with MarketBeat.com's FREE daily email newsletter .
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