10% Owner J Turbines sells 4,000,000 shares of SEI at $30.30 on 2025-07-28 for $121.2M
J Turbines, a substantial shareholder with a 10% stake, sold 4,000,000 shares at $30.30, representing a full exit of its common holdings. The sale occurs near the 52-week high of $35.96 (only -7.5% below), following strong short-term momentum: the stock is up +17.6% over 30 days and +44.9% over 90 days. At same-ticker level, J Turbines' two prior June sales at SEI were followed by 30-day returns of +16.2% and +18.5%, and an May sale showed +35.0% after 30 days, suggesting a consistent pattern of selling before near-term gains materialize. The company itself shows solid fundamentals (Revenue $126.3M, Net income $5.3M, annual growth +6.9%, P/E 20.79), yet the concentrated divestment by this major stakeholder warrants attention—particularly given the derivative-conversion nature of this filing (underlying Table II holdings are not yet available in the database), which means this sale of 4,000,000 common shares may not represent the insider's complete economic interest.