SS&C Technologies (NASDAQ:SSNC) Hits New 1-Year Low – Should You Sell?

SS&C Technologies Holdings, Inc. (NASDAQ:SSNC)’s share price reached a new 52-week low on Wednesday . The company traded as low as $61.40 and last traded at $62.05, with a volume of 2073037 shares traded. The stock had previously closed at $62.94.

Wall Street Analysts Forecast Growth

Several research firms recently commented on SSNC. DA Davidson reiterated a “buy” rating and set a $96.00 target price on shares of SS&C Technologies in a research note on Monday, April 27th. Weiss Ratings downgraded shares of SS&C Technologies from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, May 8th. Wall Street Zen upgraded SS&C Technologies from a “hold” rating to a “buy” rating in a report on Saturday, May 16th. Morgan Stanley decreased their price target on shares of SS&C Technologies from $86.00 to $78.00 and set an “equal weight” rating on the stock in a research note on Friday, April 24th. Finally, Needham & Company LLC lowered their price objective on SS&C Technologies from $95.00 to $90.00 and set a “buy” rating for the company in a research report on Friday, April 24th. One 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 stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $96.12.

SS&C Technologies Price Performance

The company’s fifty day moving average price is $67.09 and its two-hundred day moving average price is $73.80. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 1.06. The company has a market cap of $15.78 billion, a price-to-earnings ratio of 20.28 and a beta of 1.11.

SS&C Technologies (NASDAQ:SSNC) last released its quarterly earnings results on Thursday, April 23rd. The technology company reported $1.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.65 by $0.04. SS&C Technologies had a return on equity of 20.15% and a net margin of 12.65%.The firm had revenue of $1.65 billion for the quarter, compared to the consensus estimate of $1.63 billion. During the same quarter last year, the business posted $1.44 EPS. The company’s revenue for the quarter was up 8.8% on a year-over-year basis. SS&C Technologies has set its Q2 2026 guidance at 1.640-1.700 EPS. On average, equities research analysts forecast that SS&C Technologies Holdings, Inc. will post 6.17 EPS for the current fiscal year.

SS&C Technologies Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Monday, June 1st were paid a $0.27 dividend. The ex-dividend date of this dividend was Monday, June 1st. This represents a $1.08 annualized dividend and a dividend yield of 1.6%. SS&C Technologies’s dividend payout ratio (DPR) is currently 33.44%.

Insider Transactions at SS&C Technologies

In other news, Director Jonathan E. Michael sold 2,740 shares of the stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $66.86, for a total value of $183,196.40. Following the transaction, the director directly owned 79,384 shares of the company’s stock, valued at $5,307,614.24. This represents a 3.34% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Michael Jay Zamkow sold 3,000 shares of the stock in a transaction dated 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 transaction, 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 SEC filing for this sale provides additional information. In the last three months, insiders sold 8,740 shares of company stock valued at $583,576. Insiders own 16.00% of the company’s stock.

Institutional Trading of SS&C Technologies

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Havemeyer Place LP bought a new stake in shares of SS&C Technologies during the 4th quarter worth approximately $26,000. EFG International AG bought a new position in SS&C Technologies in the fourth quarter valued at approximately $29,000. V Square Quantitative Management LLC bought a new position in SS&C Technologies in the fourth quarter valued at approximately $37,000. Osterweis Capital Management Inc. acquired a new position in SS&C Technologies during the second quarter valued at approximately $40,000. Finally, Fifth Third Bancorp lifted its stake in SS&C Technologies by 216.4% during the fourth quarter. Fifth Third Bancorp now owns 481 shares of the technology company’s stock worth $42,000 after purchasing an additional 329 shares during the last quarter. Institutional investors and hedge funds own 96.90% of the company’s stock.

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.