SS&C Technologies (NASDAQ:SSNC) Reaches New 12-Month Low – Should You Sell?

SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) hit a new 52-week low on Thursday . The company traded as low as $64.37 and last traded at $64.6850, with a volume of 68393 shares. The stock had previously closed at $66.36.

Wall Street Analyst Weigh In

SSNC has been the subject of a number of research analyst reports. DA Davidson reiterated a “buy” rating and set a $96.00 price target on shares of SS&C Technologies in a research report on Monday, April 27th. Needham & Company LLC decreased 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 lifted their target price on shares of SS&C Technologies from $112.00 to $115.00 and gave the company a “buy” rating in a research report on Friday, April 24th. Jefferies Financial Group cut 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 note on Tuesday, April 21st. Finally, Morgan Stanley dropped their price objective 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. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $96.13.

SS&C Technologies Stock Down 2.3%

The stock has a market capitalization of $15.62 billion, a P/E ratio of 20.08 and a beta of 1.09. The stock has a 50 day moving average price of $68.33 and a 200-day moving average price of $75.52. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.10 and a quick ratio of 1.10.

SS&C Technologies (NASDAQ:SSNC) last released its 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 during the quarter, compared to analyst estimates 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 revenue for the quarter was up 8.8% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.44 EPS. SS&C Technologies has set its Q2 2026 guidance at 1.640-1.700 EPS. As a group, research analysts expect that SS&C Technologies Holdings, Inc. will post 6.19 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. This represents a $1.08 annualized dividend and a dividend yield of 1.7%. The ex-dividend date of this dividend was Monday, June 1st. SS&C Technologies’s payout ratio is presently 33.44%.

Insider Buying and Selling at SS&C Technologies

In other SS&C Technologies news, Director Jonathan E. Michael sold 2,740 shares of the firm’s stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $66.86, for a total value of $183,196.40. Following the sale, the director owned 79,384 shares of the company’s stock, valued at $5,307,614.24. This trade represents a 3.34% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Michael Jay Zamkow sold 3,000 shares of the firm’s stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $66.68, for a total value of $200,040.00. Following the completion of the sale, the director directly owned 18,404 shares in the company, valued at $1,227,178.72. The trade was a 14.02% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 8,740 shares of company stock valued at $583,576 in the last three months. 16.00% of the stock is currently owned by corporate insiders.

Institutional Trading of SS&C Technologies

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Havemeyer Place LP bought a new stake in shares of SS&C Technologies during the 4th quarter worth approximately $26,000. EFG International AG purchased a new stake in shares of SS&C Technologies during the 4th quarter worth $29,000. V Square Quantitative Management LLC acquired a new stake in SS&C Technologies in the fourth quarter valued at approximately $37,000. Osterweis Capital Management Inc. purchased a new position in SS&C Technologies during the 2nd quarter worth $40,000. Finally, Fifth Third Bancorp increased its position in SS&C Technologies by 216.4% during the 4th quarter. Fifth Third Bancorp now owns 481 shares of the technology company’s stock valued at $42,000 after buying an additional 329 shares in 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.