SEI Investments Co’s recent filing unveils that its Executive Chairman WEST ALFRED P JR unloaded Company’s shares for reported $8.07 million on Dec 13 ’24. In the deal valued at $85.73 per share,94,158 shares were sold. As a result of this transaction, WEST ALFRED P JR now holds 7,284,964 shares worth roughly $602.39 million.
Then, WEST ALFRED P JR sold 52,042 shares, generating $4,435,616 in total proceeds. Upon selling the shares at $85.23, the Executive Chairman now owns 7,232,922 shares.
Before that, Alfred Paul West Jr bought 150,000 shares. SEI Investments Co shares valued at $12,987,000 were divested by the Affiliate at a price of $86.58 per share.
Raymond James upgraded its SEI Investments Co [SEIC] rating to an Outperform from a a Mkt perform in a research note published recently. A number of analysts have revised their coverage, including Piper Sandler’s analysts, who began to cover the stock in late March with a ‘”a Neutral”‘ rating. Morgan Stanley revised its rating on July 12, 2022. It rated SEIC as “an Underweight” which previously was an “an Equal-weight”.
Price Performance Review of SEIC
On Tuesday, SEI Investments Co [NASDAQ:SEIC] saw its stock fall -1.94% to $82.69. Over the last five days, the stock has lost -4.01%. SEI Investments Co shares have risen nearly 0.25% since the year began. Nevertheless, the stocks have risen 24.70% over the past one year. While a 52-week high of $87.25 was reached on 01/31/25, a 52-week low of $62.38 was recorded on 01/13/25. SMA at 50 days reached $83.54, while 200 days put it at $72.74.
Levels Of Support And Resistance For SEIC Stock
The 24-hour chart illustrates a support level at 81.99, which if violated will result in even more drops to 81.30. On the upside, there is a resistance level at 83.72. A further resistance level may holdings at 84.76. The Relative Strength Index (RSI) on the 14-day chart is 44.09, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.85, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 92.21%. Stochastics %K at 34.46% indicates the stock is a holding.
How much short interest is there in SEI Investments Co?
A steep rise in short interest was recorded in SEI Investments Co stocks on 2025-01-15, growing by 0.17 million shares to a total of 1.81 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 1.64 million shares. There was a rise of 9.14%, which implies that there is a positive sentiment for the stock.
