SEI Investments Company (NASDAQ:SEIC), saw an insider decrease his exposure to the company through multiple transactions officially filed today, August 20th. Director Richard Lieb sold a total of 7,500 shares of common stock at an average price of $36.64 per share. Following these transactions, Lieb has 193,485 shares directly invested in the company. SEI Investments Company (NASDAQ:SEIC), is a $6.12 billion market cap corporation that is a global provider of investment processing, investment management, and investment operations solutions. Moreover, the Company helps corporations, financial institutions, financial advisors, and ultra-high-net-worth families create and manage wealth by providing comprehensive, investment and investment-business solutions.
In addition, the largest hedge fund investment in the company comes from Chuck Royce‘s Royce & Associates. This fund reported a 3% increase in its activity last quarter, and now has about 3.25 million shares worth approximately $106.6 million invested in SEI Investments Company (NASDAQ:SEIC).
Disclosure: The author, Daniel Forstein, holds no positions in any stocks mentioned.