The insider sales are too small relative to SEIC's $12.3B market cap to warrant a bearish read. Monitor for any upcoming earnings or material news that could explain the timing, but the cluster is likely routine portfolio diversification. No immediate trading action is suggested.
Price Chart
Executive Summary
Two SEIC insiders sold a combined $3.02M in open-market sales over a 5-day window, with Director Carl Guarino selling $1.03M and executive Sanjay Sharma selling $1.99M. While the total value is modest at ~0.025% of SEIC's $12.3B market cap, the cluster includes a C-suite executive (Sharma) and a director, and the sales are not part of a clear 10b5-1 pattern. The cluster is amplified by the presence of a director exercising derivatives on the same day as his sale, suggesting potential tax or diversification motives rather than a bearish signal. The historical win rate on SEIC reports is high (75% at T+20), but the proportionality check shows the dollar amount is too small to be material, keeping the impact low.
Key Financial Metrics
Key Facts
- Director Carl Guarino sold 10,000 shares at $103.19 on 2026-07-28, netting $1.03M after exercising 5,000 derivatives at $49.63 and 5,000 at $0
- Executive Sanjay Sharma sold 20,000 shares at $99.33 on 2026-07-24, netting $1.99M
- Total open-market sales of $3.02M represent ~0.025% of SEIC's $12.3B market cap, well below the 0.1% materiality threshold
- No 10b5-1 plan or regular pattern is evident from the data provided, but the Guarino sale coincides with derivative exercises, suggesting a liquidity/vesting motive
Financial Impact
Total insider sales of $3.02M, or ~0.025% of market cap — trivial relative to company size
Risk Factors
- Insider sales could accelerate if the stock continues to rise, but current volume is immaterial
- No identifiable catalyst; the cluster may be noise
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-SEIC-1785481393736 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 1, 2026 1d ago | Insider Cluster | $102.66 awaiting T+5 | awaiting T+5 | — | $103.87 (+1.18%) |
Sep 3, 2026 29d ago | Insider Cluster | $111.46 $106.93 | ▼ −4.06% | ▼ −2.92% | $103.87 (−6.81%) |
Aug 14, 2026 6w ago | 13F-HR | $106.38 $109.22 | ▲ +2.67% | ▲ +4.03% | $103.87 (−2.36%) |
Aug 6, 2026 8w ago | Insider Cluster | $104.68 $106.39 | ▲ +1.63% | ▲ +0.42% | $103.87 (−0.77%) |
Aug 4, 2026 8w ago | Insider Cluster | $104.72 $104.63 | ▼ −0.09% | ▲ +0.01% | $103.87 (−0.81%) |
Jul 30, 2026 9w ago | Insider Cluster | $103.04 $104.69 | ▲ +1.60% | ▼ −2.02% | $103.87 (+0.81%) |
Jul 8, 2026 12w ago | Press Release | $94.51 $94.89 | ▲ +0.40% | ▼ −0.46% | $103.87 (+9.90%) |
Jun 11, 2026 16w ago | Institutional Cluster | $89.40 $89.44 | ▲ +0.04% | ▼ −0.63% | $103.87 (+16.19%) |
May 28, 2026 18w ago | 8-K | $88.57 $88.57 | · 0.00% | ▼ −0.32% | $103.87 (+17.28%) |
Apr 28, 2026 22w ago | Insider Cluster | $91.24 $90.45 | ▼ −0.87% | ▼ −2.56% | $103.87 (+13.85%) |
US Market Status
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