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

SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) Director Michael Jay Zamkow sold 3,000 shares of the company’s stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $66.68, for a total transaction of $200,040.00. Following the transaction, the director owned 18,404 shares of the company’s stock, valued at $1,227,178.72. This represents a 14.02% decrease in their position. The transaction 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%

SS&C Technologies stock opened at $67.04 on Friday. The company has a 50-day simple moving average of $68.90 and a 200-day simple moving average of $77.66. The firm has a market capitalization of $16.15 billion, a P/E ratio of 20.76 and a beta of 1.12. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.10 and a current ratio of 1.10. SS&C Technologies Holdings, Inc. has a one year low of $64.51 and a one year high of $91.07.

SS&C Technologies (NASDAQ:SSNC) last released its earnings results on Thursday, April 23rd. The technology company reported $1.69 EPS for the quarter, beating the consensus estimate of $1.65 by $0.04. The firm had revenue of $1.65 billion for the quarter, compared to analysts’ expectations of $1.63 billion. SS&C Technologies had a net margin of 12.65% and a return on equity of 20.15%. SS&C Technologies’s quarterly revenue was up 8.8% on a year-over-year basis. During the same quarter last year, the company earned $1.44 EPS. SS&C Technologies has set its Q2 2026 guidance at 1.640-1.700 EPS. As a group, equities analysts expect that SS&C Technologies Holdings, Inc. will post 6.19 earnings per share for the current year.

SS&C Technologies Dividend Announcement

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

Wall Street Analysts Forecast Growth

SSNC has been the subject of a number of research reports. Weiss Ratings lowered SS&C Technologies from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, May 8th. Jefferies Financial Group cut their price objective on SS&C Technologies from $105.00 to $92.00 and set a “buy” rating for the company in a report on Tuesday, April 21st. UBS Group raised their target price on SS&C Technologies from $112.00 to $115.00 and gave the company a “buy” rating in a research note on Friday, April 24th. DA Davidson reaffirmed a “buy” rating and set a $96.00 target price on shares of SS&C Technologies in a report on Monday, April 27th. Finally, Morgan Stanley dropped 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 report on Friday, April 24th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, SS&C Technologies presently has a consensus rating of “Moderate Buy” and an average price target of $96.13.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. Argent Trust Co grew its position in SS&C Technologies by 0.8% in the third quarter. Argent Trust Co now owns 15,914 shares of the technology company’s stock worth $1,413,000 after buying an additional 126 shares during the last quarter. AXA S.A. grew its position in SS&C Technologies by 1.4% in the second quarter. AXA S.A. now owns 9,372 shares of the technology company’s stock worth $776,000 after buying an additional 130 shares during the last quarter. Private Trust Co. NA grew its position in SS&C Technologies by 36.0% in the fourth quarter. Private Trust Co. NA now owns 502 shares of the technology company’s stock worth $44,000 after buying an additional 133 shares during the last quarter. Signaturefd LLC grew its position in SS&C Technologies by 3.9% in the fourth quarter. Signaturefd LLC now owns 3,785 shares of the technology company’s stock worth $331,000 after buying an additional 141 shares during the last quarter. Finally, Cullen Frost Bankers Inc. grew its position in SS&C Technologies by 0.8% in the fourth quarter. Cullen Frost Bankers Inc. now owns 17,271 shares of the technology company’s stock worth $1,510,000 after buying an additional 142 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.