CEO Ryan Hicke sells 80,000 shares for $6,989,060.42 in 3 transactions on 2026-01-29, reducing stake by 28.9%
Hicke Ryan, CEO of SEI Investments, executed 3 separate sales totaling 80,000 shares (80.0K shares) for $6,989,060.42 ($7.0M) at a blended average price of $87.36, reducing his holdings from 277,163 shares to 197,163 shares—a 28.9% reduction in stake. The transaction occurred near SEIC's 52-week high of $93.80 (current price $88.69 is -5.4% from that peak), within a period of strong momentum (+6.8% over 30 days, +8.6% over 90 days). His prior same-ticker sells have shown mixed timing: the most recent sale on 2025-08-19 suffered a -10.8% decline at 90 days, but an earlier sale on 2024-10-25 preceded a +12.5% gain. Across his cross-ticker history, his prior 3 sells averaged +2.5% return over 90 days with a 33.33% well-timed rate (meaning sells that preceded declines), indicating his open-market sell decisions have not consistently preceded downturns. The underlying company fundamentals remain solid: $578.5M quarterly revenue, $164.2M net income, +10.7% annual revenue growth, and a 15.53 P/E ratio.