Shares of SS&C Technologies Holdings Inc. (NASDAQ:SSNC) saw unusually-strong trading volume on Tuesday . Approximately 1,791,144 shares were traded during mid-day trading, an increase of 47% from the previous session’s volume of 1,215,076 shares.The stock last traded at $31.90 and had previously closed at $31.76.

A number of analysts recently commented on SSNC shares. Jefferies Group restated a “buy” rating on shares of SS&C Technologies Holdings in a research report on Tuesday, July 5th. Morgan Stanley started coverage on shares of SS&C Technologies Holdings in a research report on Wednesday, April 13th. They issued an “equal weight” rating for the company. Zacks Investment Research cut shares of SS&C Technologies Holdings from a “strong-buy” rating to a “hold” rating in a research report on Saturday, April 9th. Royal Bank Of Canada started coverage on shares of SS&C Technologies Holdings in a research report on Friday, May 13th. They issued an “outperform” rating and a $72.00 price objective for the company. Finally, Needham & Company LLC restated a “buy” rating and issued a $78.00 price objective (up previously from $76.00) on shares of SS&C Technologies Holdings in a research report on Saturday, May 7th. Five research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus price target of $71.42.

The company has a 50-day moving average price of $29.53 and a 200-day moving average price of $30.10. The firm has a market capitalization of $6.30 billion and a P/E ratio of 267.23.

SS&C Technologies Holdings (NASDAQ:SSNC) last issued its quarterly earnings results on Thursday, May 5th. The company reported $0.74 EPS for the quarter, topping analysts’ consensus estimates of $0.72 by $0.02. The business had revenue of $324.13 million for the quarter, compared to analyst estimates of $338.58 million. During the same quarter last year, the firm posted $0.60 EPS. SS&C Technologies Holdings’s revenue for the quarter was up 57.5% on a year-over-year basis. Analysts anticipate that SS&C Technologies Holdings Inc. will post $1.61 earnings per share for the current year.

In other news, CFO Patrick J. Pedonti sold 15,000 shares of SS&C Technologies Holdings stock in a transaction on Monday, May 2nd. The shares were sold at an average price of $61.85, for a total transaction of $927,750.00. Following the transaction, the chief financial officer now owns 15,000 shares in the company, valued at $927,750. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, COO Normand A. Boulanger sold 49,231 shares of SS&C Technologies Holdings stock in a transaction on Tuesday, June 7th. The stock was sold at an average price of $61.57, for a total transaction of $3,031,152.67. Following the transaction, the chief operating officer now owns 98,480 shares in the company, valued at approximately $6,063,413.60. The disclosure for this sale can be found here.

Several institutional investors have modified their holdings of the company. Rail Splitter Capital Management LLC raised its position in shares of SS&C Technologies Holdings by 9.1% in the fourth quarter. Rail Splitter Capital Management LLC now owns 112,543 shares of the company’s stock worth $7,683,000 after buying an additional 9,420 shares during the period. GSA Capital Partners LLP increased its position in shares of SS&C Technologies Holdings by 24.8% in the fourth quarter. GSA Capital Partners LLP now owns 22,761 shares of the company’s stock worth $1,554,000 after buying an additional 4,524 shares in the last quarter. Wells Fargo & Company MN increased its position in shares of SS&C Technologies Holdings by 18.2% in the fourth quarter. Wells Fargo & Company MN now owns 509,561 shares of the company’s stock worth $34,787,000 after buying an additional 78,606 shares in the last quarter. New York State Common Retirement Fund increased its position in shares of SS&C Technologies Holdings by 5.1% in the fourth quarter. New York State Common Retirement Fund now owns 224,100 shares of the company’s stock worth $15,299,000 after buying an additional 10,800 shares in the last quarter. Finally, Monarch Partners Asset Management LLC increased its position in shares of SS&C Technologies Holdings by 55.7% in the fourth quarter. Monarch Partners Asset Management LLC now owns 196,867 shares of the company’s stock worth $13,440,000 after buying an additional 70,417 shares in the last quarter.

SS&C Technologies Holdings, Inc (SS&C Holdings) is a holding company, which provides software products and software-enabled services. The Company operates primarily through its subsidiary, SS&C Technologies, Inc The Company’s service offerings are classified as portfolio management/accounting; trading/treasury operations; financial modeling; loan management/accounting; property management; money market processing; software-enabled services; professional services, and product support.

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