J.Safra Asset Management Corp purchased a new position in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC – Free Report) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 6,971 shares of the technology company’s stock, valued at approximately $433,000.
Other hedge funds and other institutional investors have also modified their holdings of the company. Havemeyer Place LP acquired a new stake in SS&C Technologies during the fourth quarter worth about $26,000. EFG International AG acquired a new position in SS&C Technologies in the fourth quarter valued at approximately $29,000. Osterweis Capital Management Inc. bought a new position in shares of SS&C Technologies during the second quarter valued at approximately $40,000. Fifth Third Bancorp grew its holdings in shares of SS&C Technologies by 216.4% during the fourth quarter. Fifth Third Bancorp now owns 481 shares of the technology company’s stock valued at $42,000 after purchasing an additional 329 shares during the last quarter. Finally, Private Trust Co. NA raised its position in shares of SS&C Technologies by 36.0% during the 4th quarter. Private Trust Co. NA now owns 502 shares of the technology company’s stock worth $44,000 after purchasing an additional 133 shares during the period. 96.90% of the stock is owned by institutional investors and hedge funds.
Insider Buying and Selling at SS&C Technologies
In other news, Director Michael Jay Zamkow sold 3,000 shares of the firm’s stock in a transaction on 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 directly owned 18,404 shares of the company’s stock, valued at approximately $1,227,178.72. This trade represents a 14.02% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Jonathan E. Michael sold 2,740 shares of SS&C Technologies stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $66.86, for a total transaction of $183,196.40. Following the sale, the director owned 79,384 shares in the company, valued at approximately $5,307,614.24. This represents a 3.34% 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. Company insiders own 16.00% of the company’s stock.
Analyst Ratings Changes
View Our Latest Stock Analysis on SSNC
SS&C Technologies Stock Performance
SSNC opened at $81.50 on Monday. The business’s 50 day moving average is $70.48 and its 200-day moving average is $70.78. The stock has a market cap of $19.12 billion, a PE ratio of 23.42 and a beta of 1.07. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 1.09. SS&C Technologies Holdings, Inc. has a twelve month low of $61.40 and a twelve month high of $91.07.
SS&C Technologies (NASDAQ:SSNC – Get Free Report) last issued its quarterly earnings data on Thursday, July 23rd. The technology company reported $1.76 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.68 by $0.08. SS&C Technologies had a return on equity of 21.20% and a net margin of 13.16%.The business had revenue of $1.70 billion during the quarter, compared to analyst estimates of $1.66 billion. During the same period in the prior year, the company posted $1.45 EPS. The business’s revenue for the quarter was up 10.3% compared to the same quarter last year. SS&C Technologies has set its FY 2026 guidance at 6.930-7.250 EPS and its Q3 2026 guidance at 1.730-1.790 EPS. On average, analysts predict that SS&C Technologies Holdings, Inc. will post 6.28 earnings per share for the current year.
SS&C Technologies Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Monday, June 15th. Stockholders 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 1.3%. SS&C Technologies’s dividend payout ratio is presently 31.03%.
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.
Featured Stories
- Five stocks we like better than SS&C Technologies
- The Metals Company’s Big Bet Now Comes Down to a License
- OneSpaWorld Keeps Turning Cruise Demand Into Record Earnings
- Meta and Tesla Are Rebounding From Oversold Levels—Now What?
- AMG’s Alternatives Boom Powers Record Growth
Want to see what other hedge funds are holding SSNC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SS&C Technologies Holdings, Inc. (NASDAQ:SSNC – Free Report).
Receive News & Ratings for SS&C Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SS&C Technologies and related companies with MarketBeat.com's FREE daily email newsletter.
