Shares of SS&C Technologies Holdings Inc. (NASDAQ:SSNC) traded down 2.3% during trading on Friday . The company traded as low as $31.94 and last traded at $32.05, with a volume of 1,323,126 shares trading hands. The stock had previously closed at $32.79.

A number of analysts recently commented on the stock. Morgan Stanley upped their price target on shares of SS&C Technologies Holdings from $34.00 to $37.00 and gave the company an “equal weight” rating in a research note on Thursday. Deutsche Bank AG dropped their price target on shares of SS&C Technologies Holdings from $63.00 to $32.00 and set a “hold” rating on the stock in a research note on Monday, July 11th. Jefferies Group restated a “buy” rating on shares of SS&C Technologies Holdings in a research note on Tuesday, July 5th. Royal Bank Of Canada assumed coverage on shares of SS&C Technologies Holdings in a research note on Friday, May 13th. They set an “outperform” rating and a $72.00 price target on the stock. Finally, Needham & Company LLC restated a “buy” rating and set a $78.00 price target (up from $76.00) on shares of SS&C Technologies Holdings in a research note on Saturday, May 7th. Five investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of $68.36.

The company has a market cap of $6.38 billion and a PE ratio of 270.76. The firm’s 50 day moving average is $29.69 and its 200-day moving average is $30.15.

SS&C Technologies Holdings (NASDAQ:SSNC) last announced its quarterly earnings results on Wednesday, July 27th. The company reported $0.39 EPS for the quarter, topping analysts’ consensus estimates of $0.38 by $0.01. The company earned $384.40 million during the quarter, compared to the consensus estimate of $377.12 million. The business’s revenue was up 80.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.33 earnings per share. On average, equities analysts expect that SS&C Technologies Holdings Inc. will post $1.61 earnings per share for the current year.

In related news, CFO Patrick J. Pedonti sold 15,000 shares of the business’s stock in a transaction that occurred 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 completion of the sale, the chief financial officer now directly owns 15,000 shares in the company, valued at $927,750. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO William C. Stone sold 20,000 shares of the business’s stock in a transaction that occurred on Tuesday, May 10th. The shares were sold at an average price of $59.15, for a total transaction of $1,183,000.00. Following the sale, the chief executive officer now owns 15,231,295 shares of the company’s stock, valued at $900,931,099.25. The disclosure for this sale can be found here.

A number of hedge funds have made changes to their positions in SSNC. Rail Splitter Capital Management LLC raised its stake 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 valued at $7,683,000 after buying an additional 9,420 shares during the period. GSA Capital Partners LLP raised its stake 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 valued at $1,554,000 after buying an additional 4,524 shares during the period. Wells Fargo & Company MN raised its stake 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 valued at $34,787,000 after buying an additional 78,606 shares during the period. New York State Common Retirement Fund raised its stake 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 valued at $15,299,000 after buying an additional 10,800 shares during the period. Finally, Monarch Partners Asset Management LLC raised its stake 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 valued at $13,440,000 after buying an additional 70,417 shares during the period.

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.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.