Insider Selling: SS&C Technologies (NASDAQ:SSNC) Director Sells 3,000 Shares of Stock

SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) Director Michael Jay Zamkow sold 3,000 shares of the business’s stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $66.78, for a total transaction of $200,340.00. Following the sale, the director directly owned 15,824 shares in the company, valued at $1,056,726.72. The trade was a 15.94% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Michael Jay Zamkow also recently made the following trade(s):

• On Friday, May 22nd, Michael Jay Zamkow sold 3,000 shares of SS&C Technologies stock. The stock was sold at an average price of $66.68, for a total transaction of $200,040.00.

SS&C Technologies Stock Up 0.1%

Shares of NASDAQ SSNC traded up $0.09 on Friday, reaching $67.04. 1,947,658 shares of the company’s stock traded hands, compared to its average volume of 2,461,539. The business’s 50 day simple moving average is $69.02 and its two-hundred day simple moving average is $77.74. SS&C Technologies Holdings, Inc. has a 12 month low of $64.51 and a 12 month high of $91.07. The company has a market cap of $16.15 billion, a price-to-earnings ratio of 20.76 and a beta of 1.12. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 1.06.

SS&C Technologies (NASDAQ:SSNC) last issued its quarterly earnings results on Thursday, April 23rd. The technology company reported $1.69 EPS for the quarter, topping analysts’ consensus estimates of $1.65 by $0.04. The firm had revenue of $1.65 billion for the quarter, compared to analysts’ expectations of $1.63 billion. SS&C Technologies had a return on equity of 20.15% and a net margin of 12.65%.The business’s revenue for the quarter was up 8.8% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.44 EPS. SS&C Technologies has set its Q2 2026 guidance at 1.640-1.700 EPS. As a group, equities research analysts forecast that SS&C Technologies Holdings, Inc. will post 6.19 EPS for the current fiscal year.

SS&C Technologies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Monday, June 1st will be issued a $0.27 dividend. This represents a $1.08 annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend is Monday, June 1st. SS&C Technologies’s payout ratio is 33.44%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Havemeyer Place LP purchased a new position in SS&C Technologies in the 4th quarter worth about $26,000. EFG International AG purchased a new stake in shares of SS&C Technologies during the 4th quarter valued at about $29,000. V Square Quantitative Management LLC purchased a new stake in shares of SS&C Technologies during the 4th quarter valued at about $37,000. Cornerstone Planning Group LLC grew its stake in shares of SS&C Technologies by 1,890.9% in the third quarter. Cornerstone Planning Group LLC now owns 438 shares of the technology company’s stock worth $39,000 after acquiring an additional 416 shares during the period. Finally, Osterweis Capital Management Inc. bought a new stake in shares of SS&C Technologies in the second quarter worth approximately $40,000. 96.90% of the stock is owned by institutional investors.

Analyst Ratings Changes

SSNC has been the subject of several analyst reports. Jefferies Financial Group reduced their price target on SS&C Technologies from $105.00 to $92.00 and set a “buy” rating for the company in a report on Tuesday, April 21st. Needham & Company LLC cut their price objective on shares of SS&C Technologies from $95.00 to $90.00 and set a “buy” rating on the stock in a research report on Friday, April 24th. UBS Group raised their price objective on shares of SS&C Technologies from $112.00 to $115.00 and gave the company a “buy” rating in a research note on Friday, April 24th. DA Davidson reaffirmed a “buy” rating and issued a $96.00 target price on shares of SS&C Technologies in a report on Monday, April 27th. Finally, Wall Street Zen upgraded shares of SS&C Technologies from a “hold” rating to a “buy” rating in a research note on Saturday, May 16th. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $96.13.

About SS&C Technologies

SS&C Technologies is a global provider of software and services for the financial services industry, offering technology and outsourcing solutions that support investment managers, asset servicing firms, insurance companies, private equity and real estate managers, hedge funds, wealth managers and other financial institutions. The company’s offerings span front-, middle- and back-office functionality, enabling clients to automate trading, portfolio accounting, reconciliation, performance measurement, risk and compliance, and client reporting.

SS&C delivers its capabilities through a mix of licensed software, cloud-based SaaS platforms and managed services.