SEI Investments (SEIC) Soars 1.68% on Insider Sales, Q1 Revenue Growth

SEI Investments (SEIC) shares surged 1.68% today, reaching their highest level since February 2025 with an intraday gain of 2.02%.

The strategy of buying SEIC shares after they reached a recent high and holding for 1 week resulted in moderate returns over the past 5 years. The backtest shows an annual return of 9.16% per year, with 66.88% of months experiencing positive returns. However, the maximum drawdown was -17.95% in 2022, indicating significant volatility. Overall, this strategy provided decent returns but came with considerable risk..

One of the key factors influencing the stock price of SEI Investments in May 2025 was the significant insider sales by top executives. Ryan Hicke, the CEO, sold 21,000 shares on May 14, 2025, while Michael Peterson, the Executive Vice President, sold 50,000 shares on May 15, 2025. These transactions can be interpreted as signals of insider sentiment, potentially affecting investor confidence and stock prices.

Additionally, SEI Investments reported solid revenue growth for the first quarter of 2025, ending on March 31, 2025. This positive financial performance could have contributed to the upward trend in the stock price, as investors often view strong revenue growth as an indicator of a company's financial health and future prospects.