The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. SEI Investments Co shares valued at $8,071,864 were sold by WEST ALFRED P JR on Dec 13 ’24. At $85.73 per share, WEST ALFRED P JR sold 94,158 shares. The insider’s holdings dropped to 7,284,964 shares worth approximately $603.49 million following the completion of this transaction.
Also, WEST ALFRED P JR sold 52,042 shares, netting a total of over 4,435,616 in proceeds. Following the sale of shares at $85.23 each, the insider now holds 7,232,922 shares.
Before that, Alfred Paul West Jr had added 150,000 shares to its account. In a trade valued at $12,987,000, the Affiliate bought SEI Investments Co shares for $86.58 each.
As published in a research note from Raymond James on January 30, 2025, SEI Investments Co [SEIC] has been rated up from a Mkt perform to an Outperform and the price target has been revised to $99. Analysts at Piper Sandler started covering the stock with ‘”a Neutral”‘ outlook in a report released in late March. Earlier on July 12, 2022, Morgan Stanley downgraded its rating. Their new recommendation was “an Underweight” for SEIC stock which previously was a “an Equal-weight”.
Analyzing SEIC Stock Performance
During the last five days, there has been a surge of approximately 0.18%. Over the course of the year, SEI Investments Co shares have jumped approximately 0.44%. Shares of the company reached a 52-week high of $86.95 on 01/31/25 and a 52-week low of $77.57 on 01/13/25. A 50-day SMA is recorded $83.56, while a 200-day SMA reached $73.14. Nevertheless, trading volume fell to 0.57 million shares from 0.42 million shares the previous day.
Support And Resistance Levels for SEI Investments Co (SEIC)
According to the 24-hour chart, there is a support level at 82.23, which, if violated, would cause prices to drop to 81.62. In the upper region, resistance lies at 83.31. The next price resistance is at 83.79. RSI (Relative Strength Index) is 46.14 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.78, which suggests the price will decrease in the coming days. Percent R is at 72.23%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
