SEI Investments Co’s filing revealed 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 $580.03 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 -0.50% to $79.62. Over the last five days, the stock has lost -3.89%. SEI Investments Co shares have fallen nearly -3.47% since the year began. Nevertheless, the stocks have risen 18.85% 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 $83.25, while 200 days put it at $73.40.
Levels Of Support And Resistance For SEIC Stock
The 24-hour chart illustrates a support level at 78.81, which if violated will result in even more drops to 78.00. On the upside, there is a resistance level at 80.53. A further resistance level may holdings at 81.44. The Relative Strength Index (RSI) on the 14-day chart is 33.57, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.87, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 91.14%. Stochastics %K at 5.77% indicates the stock is a buying.
