Have Insiders Sold SEI Investments Company (NASDAQ:SEIC) Shares Recently?

We wouldn't blame SEI Investments Company (NASDAQ:SEIC) shareholders if they were a little worried about the fact that Alfred West, the Chairman & CEO recently netted about US$5.8m selling shares at an average price of US$57.88. However, that sale only accounted for 0.5% of their holding, so arguably it doesn't say much about their conviction.

See our latest analysis for SEI Investments

The Last 12 Months Of Insider Transactions At SEI Investments

In fact, the recent sale by Chairman & CEO Alfred West was not their only sale of SEI Investments shares this year. Earlier in the year, they fetched US$66.43 per share in a -US$12m sale. So what is clear is that an insider saw fit to sell at around the current price of US$58.02. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. In this case, the big sale took place at around the current price, so it's not too bad (but it's still not a positive).

Alfred West sold a total of 519.45k shares over the year at an average price of US$56.76. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

If you like to buy stocks that insiders are buying, rather than selling, then you might just love this free list of companies. (Hint: insiders have been buying them).

Insider Ownership

I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. We usually like to see fairly high levels of insider ownership. It's great to see that SEI Investments insiders own 15% of the company, worth about US$1.3b. Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders.

So What Do The SEI Investments Insider Transactions Indicate?

An insider hasn't bought SEI Investments stock in the last three months, but there was some selling. And there weren't any purchases to give us comfort, over the last year. The company boasts high insider ownership, but we're a little hesitant, given the history of share sales. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. Every company has risks, and we've spotted 1 warning sign for SEI Investments you should know about.

But note: SEI Investments may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE and low debt.

For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions, but not derivative transactions.

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