SEI Investments Company (NASDAQ:SEIC) went up by 0.28% during the previous trading session, and it is maintaining the win ahead of Monday’s trading session. The share price of the Asset Management giant went up by $53.05 to trade ended Monday trading at $52.90. This is up from the $52.9 price recorded on Friday’s trading session. Thanks to this latest performance, SEIC is closer to the higher price 52-week target of $64.00 and further from the lowest price target of $50.00. Its performance from the start of the year has also been negative, with SEIC down by -18.98% year-to-date.
SEI Investments Company (SEIC) started the day trading at $53.57 and recorded an intraday high of $53.64. It also recorded an intraday low of $52.75 during Monday’s trading session. SEI Investments Company is a very active stock that recorded a trading volume that is less than -43.6% of the average daily trading volume on Monday. The stock’s trading volume on Monday was 542427, which is less than -43.6 of the total average daily trading volume of 778.94K.
SEI Investments Company (NASDAQ:SEIC) 2020 Performance Impressive
The increase in SEIC’s stock price on Monday saw its overall performance boost over the past few months. We can quantify the performance of the stock so far this year using a few metrics. The 52-week high price of SEIC currently stands at $69.61, which is higher than the current trading price of the stock by 23.79%. However, SEIC’s current trading price is -49.86% lower than the 52-week low price of $35.40. In terms of trading volume, SEI Investments Company currently experienced healthy participation during the last trading session. 542427 shares of SEI Investments Company were traded on the stock exchange on Monday, which is less than -43.6% of the 778.94K average trading volume of the stock.
The performance of the stock has been positive over the past year. SEIC’s performance over the past one year has seen it plunge by -5.44%, while the stock has gone down by -19.41% in the last six months. The quarterly performance of SEIC currently stands at 14.23%, and it is down by -2.16% in the last month. The only negative figure was from the weekly performance, which currently reads -4.22%. At the time of writing SEIC’s report, the company has a total market cap of $8.05B, making it one of the largest publicly-traded companies in the world.SEI Investments Company also has over 3724 employees all over the world.
SEIC Insider Activities
For SEI Investments Company, insiders hold 76.60% of all company shares. The insider transactions over the past six months are down by -0.60%. During that period, insiders bought 20,000 shares in 2 transactions. In that same period, insiders sold 190,000 of their shares in 3 transactions. After these transactions, insiders at SEI Investments Company now hold 23.26M shares, which is over 76.89% of the total company stocks. Institutional investors currently hold a large chunk of the SEIC shares, as they control 15.73% of the company’s total stock.
SEIC Fundamental Analysis
For SEI Investments Company, the stock’s diluted earnings per share (EPS) stands at 3.22. In the coming year, analysts expect the EPS to be 3.11. The EPS growth will up over the next five years to 12.00% after surging by 11.80% in the previous five years. In terms of revenue, SEI Investments Company’s quarterly sales (YOY) is growing at 0.64, which is lower than the average annual revenue of 11.80% over the past half a decade.
The Return on Investment (ROI) on SEI Investments Company’s stock currently stands at 18.90%, and it has a net profit margin of 29.90%. The operating margin of the company is 28.10%, and its gross margin is 83.50%.
SEIC Analysts Prediction
The Keefe Bruyette has a Mkt Perform rating for SEI Investments Company, predicting the stock price to stay between $56 and $64.
SEIC received a positive rating from Oppenheimer, which set a price target of $57-$52 for the stock.
SEIC Technical Analysis
The Simple Moving Average (SMA) is one of the most powerful technical indicators. The 20-day Simple Moving Average of SEIC currently stands at -6.18%, while the SMA50 is -0.27%. The biggest one is the SMA200, which is currently reading -8.77% ahead of Monday’s trading session. The Relative Strength Index of this stock is 42.07, while its price to earnings ratio (P/E) is 16.48.