Executive VP Peterson sells 10,000 SEIC shares at $90.00 for $900,000; stock now $91.05
Peterson Michael, Executive Vice President at SEI Investments, sold 10,000 shares (10.0K shares) at $90.00 on 2026-04-23 for $900,000, reducing his holdings by 33.2% from 30,148 to 20,148 shares. The sale occurred near the 52-week high ($93.80), with the stock currently at $91.05 and up 16.2% over the past 30 days. His cross-ticker track record shows 8 prior sells averaging +0.7% return at 30 days and +2.1% at 90 days, with a 90-day well-timed rate of 37.50%. At SEIC specifically, Peterson's 5 prior sales show mixed outcomes: 2 of 5 were well-timed at 90 days, with the most recent two sales (2025-11-12 and 2025-08-07) both negative at 90 days. The company's fundamentals remain solid, with $578.5M quarterly revenue, $164.2M net income, and a P/E of 13.37, suggesting the sale reflects position sizing rather than fundamental concern.