SEI Investments (SEIC) Insiders Make Significant Share Sales Extending the Trend of Last Quarter

Monday, November 06, 2017 10:15 PM ET

SEI Investments (SEIC) Insiders Make Significant Share Sales Extending the Trend of Last Quarter

Two insiders — Alfred P West Jr, 10% Owner, and N Jeffrey Klauder, Officer — today, sold 127,010 shares of SEI Investments having a market value of approximately $8,211,223, as reported in form 4 documents filed with the SEC. There have been 9 insiders with buy/sell transactions in the past 90 days prior to these filings. All of these trades have been sales resulting in the sale of 217,500 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 344,510 shares and have averaged 31,319 shares per transaction over this time period.

The level of buy/sell trading at SEI Investments is is higher than the 7 peer company average over the last 90-day period. The Wealth Management peer group saw 17 buy/sell trades during this period for an average of 2.4 transactions per company. The number of shares per buy/sell trade for SEI Investments insiders was also higher. Within the peer group there were 5,000 shares purchased and 358,665 shares sold with company insiders disposing of 20,804 shares on average.

In order to focus on significant insider buying and selling activity, all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers has been eliminated data used to create and write this story.

Today’s Insider Activity
* Alfred P West Jr, 10% Owner, sold 117,010 shares
* N Jeffrey Klauder, Officer, sold 10,000 shares

Using proprietary Natural Language Generation (NLG) technology, UpTick evaluates corporate insider filings reported to the SEC and creates real-time news and analysis to report the most significant insider transactions based on transaction type, size and historical trends.

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