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Why SEI Investments Shares Are Powering Higher Now

Why SEI Investments Shares Are Powering Higher Now

SEI Investments Company ( (SEIC) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.

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SEI Investments Company shares climbed after a strong quarterly report, with revenue and earnings per share beating expectations, profit margins improving, and sales momentum broadening across the business. Analysts, reassessing the stock, highlighted growing demand for outsourcing, the blending of public and private market opportunities, and management’s upbeat outlook and deal pipeline as additional drivers behind the rally. While the stock now trades near its 52‑week high and some insiders have been selling shares—adding a note of caution—analysts have generally become more positive in their views and outlook for the company.

More about SEI Investments Company

YTD Price Performance: 4.97%

Average Trading Volume: 568,739

Technical Sentiment Signal: Strong Buy

Current Market Cap: $10.36B

For further insights into SEIC stock on TipRanks’ Stock Analysis page.

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