SS&C Technologies (NASDAQ:SSNC) Director Michael Jay Zamkow Sells 3,000 Shares

SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) Director Michael Jay Zamkow sold 3,000 shares of the stock in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of $66.68, for a total transaction of $200,040.00. Following the completion of the sale, the director directly owned 18,404 shares in the company, valued at approximately $1,227,178.72. This represents a 14.02% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link.

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

• On Wednesday, May 20th, Michael Jay Zamkow sold 3,000 shares of SS&C Technologies stock. The stock was sold at an average price of $66.78, for a total transaction of $200,340.00.

SS&C Technologies Stock Up 0.1%

Shares of SSNC stock traded up $0.09 on Friday, reaching $67.04. 1,947,658 shares of the stock were exchanged, compared to its average volume of 2,461,539. The company has a market capitalization of $16.15 billion, a price-to-earnings ratio of 20.76 and a beta of 1.12. The business’s 50 day moving average price is $69.02 and its 200 day moving average price is $77.74. The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 1.06. SS&C Technologies Holdings, Inc. has a twelve month low of $64.51 and a twelve month high of $91.07.

SS&C Technologies (NASDAQ:SSNC) last posted its quarterly earnings results on Thursday, April 23rd. The technology company reported $1.69 earnings per share for the quarter, beating analysts’ consensus estimates of $1.65 by $0.04. The company 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%.SS&C Technologies’s quarterly revenue was up 8.8% on a year-over-year basis. During the same period last year, the firm earned $1.44 earnings per share. SS&C Technologies has set its Q2 2026 guidance at 1.640-1.700 EPS. As a group, sell-side analysts expect that SS&C Technologies Holdings, Inc. will post 6.19 earnings per share for the current fiscal year.

SS&C Technologies Announces Dividend

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

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on SSNC shares. UBS Group upped their price target on SS&C Technologies from $112.00 to $115.00 and gave the company a “buy” rating in a report on Friday, April 24th. DA Davidson restated a “buy” rating and set a $96.00 price objective on shares of SS&C Technologies in a research report on Monday, April 27th. Morgan Stanley lowered their target price on shares of SS&C Technologies from $86.00 to $78.00 and set an “equal weight” rating for the company in a report on Friday, April 24th. 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. Finally, Jefferies Financial Group reduced their price target on shares of SS&C Technologies from $105.00 to $92.00 and set a “buy” rating for the company in a research report on Tuesday, April 21st. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $96.13.

Institutional Investors Weigh In On SS&C Technologies

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Groupama Asset Managment boosted its holdings in shares of SS&C Technologies by 16.8% in the first quarter. Groupama Asset Managment now owns 14,809 shares of the technology company’s stock valued at $1,001,000 after acquiring an additional 2,131 shares during the period. FinArc Investments Inc. purchased a new stake in SS&C Technologies in the 1st quarter valued at $2,639,000. Western Wealth Management LLC acquired a new stake in SS&C Technologies during the 1st quarter worth $928,000. Turtle Creek Asset Management Inc. grew its position in SS&C Technologies by 43.0% during the 1st quarter. Turtle Creek Asset Management Inc. now owns 1,156,014 shares of the technology company’s stock worth $78,112,000 after purchasing an additional 347,465 shares during the last quarter. Finally, NewEdge Advisors LLC grew its position in SS&C Technologies by 218.1% during the 1st quarter. NewEdge Advisors LLC now owns 32,182 shares of the technology company’s stock worth $2,175,000 after purchasing an additional 22,065 shares during the last quarter. Hedge funds and other institutional investors own 96.90% of the company’s stock.

SS&C Technologies Company Profile

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.