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Raymond James analysts upgrades an Outperform rating for SEI Investments Co (SEIC)

In a filing, SEI Investments Co revealed its Executive Chairman WEST ALFRED P JR unloaded Company’s shares for reported $0.1 million on Mar 05 ’25. In the deal valued at $76.28 per share,1,372 shares were sold. As a result of this transaction, WEST ALFRED P JR now holds 7,078,708 shares worth roughly $548.1 million.

Then, WEST ALFRED P JR sold 80,000 shares, generating $6,115,770 in total proceeds. Upon selling the shares at $76.45, the Executive Chairman now owns 7,080,080 shares.

Before that, WEST ALFRED P JR sold 72,842 shares. SEI Investments Co shares valued at $5,787,564 were divested by the Executive Chairman at a price of $79.45 per share. As a result of the transaction, WEST ALFRED P JR now holds 7,160,080 shares, worth roughly $554.4 million.

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 Monday, SEI Investments Co [NASDAQ:SEIC] saw its stock jump 2.10% to $77.43. Over the last five days, the stock has gained 3.30%. SEI Investments Co shares have fallen nearly -6.12% since the year began. Nevertheless, the stocks have risen 10.80% 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 03/13/25. SMA at 50 days reached $80.52, while 200 days put it at $74.19.

Levels Of Support And Resistance For SEIC Stock

The 24-hour chart illustrates a support level at 76.66, which if violated will result in even more drops to 75.88. On the upside, there is a resistance level at 77.89. A further resistance level may holdings at 78.34. The Relative Strength Index (RSI) on the 14-day chart is 49.70, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.25, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 2.50%. Stochastics %K at 67.88% 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 2025-02-28, growing by 0.44 million shares to a total of 2.06 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 1.62 million shares. There was a rise of 21.41%, which implies that there is a positive sentiment for the stock.

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