Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC). In a filing disclosed on May 08th, the Representative disclosed that they had sold between $1,001 and $15,000 in SS&C Technologies stock on April 29th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.
Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):
- Purchased $1,001 – $15,000 in shares of Revvity (NYSE:RVTY) on 5/1/2026.
- Sold $1,001 – $15,000 in shares of Flex (NASDAQ:FLEX) on 5/1/2026.
- Purchased $1,001 – $15,000 in shares of LPL Financial (NASDAQ:LPLA) on 5/1/2026.
- Purchased $1,001 – $15,000 in shares of FirstService (NASDAQ:FSV) on 5/1/2026.
- Sold $1,001 – $15,000 in shares of SS&C Technologies (NASDAQ:SSNC) on 5/1/2026.
- Purchased $1,001 – $15,000 in shares of Wayfair (NYSE:W) on 5/1/2026.
- Purchased $1,001 – $15,000 in shares of STERIS (NYSE:STE) on 5/1/2026.
- Purchased $1,001 – $15,000 in shares of DoorDash (NASDAQ:DASH) on 5/1/2026.
- Purchased $1,001 – $15,000 in shares of Sensata Technologies (NYSE:ST) on 5/1/2026.
- Purchased $1,001 – $15,000 in shares of Veralto (NYSE:VLTO) on 5/1/2026.
SS&C Technologies Stock Down 0.5%
Shares of NASDAQ:SSNC traded down $0.33 during trading on Tuesday, hitting $66.71. The stock had a trading volume of 1,999,997 shares, compared to its average volume of 2,445,359. The company has a market capitalization of $16.07 billion, a PE ratio of 20.65 and a beta of 1.12. 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 firm’s fifty day moving average is $70.44 and its 200 day moving average is $78.74. SS&C Technologies Holdings, Inc. has a 12 month low of $65.05 and a 12 month high of $91.07.
SS&C Technologies Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Monday, March 2nd were issued a dividend of $0.27 per share. The ex-dividend date was Monday, March 2nd. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.6%. SS&C Technologies’s dividend payout ratio is 33.44%.
Institutional Trading of SS&C Technologies
Several institutional investors have recently added to or reduced their stakes in SSNC. Millennium Management LLC boosted its stake in shares of SS&C Technologies by 349.1% in the 1st quarter. Millennium Management LLC now owns 176,630 shares of the technology company’s stock worth $14,754,000 after buying an additional 137,301 shares during the last quarter. NewEdge Advisors LLC increased its position in shares of SS&C Technologies by 6,069.0% during the 1st quarter. NewEdge Advisors LLC now owns 2,591 shares of the technology company’s stock valued at $216,000 after purchasing an additional 2,549 shares during the last quarter. Goldman Sachs Group Inc. lifted its stake in shares of SS&C Technologies by 16.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 690,340 shares of the technology company’s stock worth $57,664,000 after purchasing an additional 97,247 shares during the period. Focus Partners Wealth boosted its holdings in shares of SS&C Technologies by 35.1% in the first quarter. Focus Partners Wealth now owns 9,362 shares of the technology company’s stock worth $782,000 after buying an additional 2,431 shares during the last quarter. Finally, Invesco Ltd. grew its position in SS&C Technologies by 17.9% during the second quarter. Invesco Ltd. now owns 569,693 shares of the technology company’s stock valued at $47,171,000 after buying an additional 86,606 shares during the period. 96.90% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Ratings Changes
A number of research analysts recently issued reports on SSNC shares. Needham & Company LLC lowered their price target on shares of 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. Raymond James Financial reissued a “strong-buy” rating on shares of SS&C Technologies in a research report on Wednesday, January 21st. Morgan Stanley cut their price target on 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. Jefferies Financial Group lowered their price objective on 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, Weiss Ratings downgraded SS&C Technologies from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday. One research 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 company’s stock. Based on data from MarketBeat, SS&C Technologies presently has a consensus rating of “Moderate Buy” and a consensus price target of $96.13.
Check Out Our Latest Research Report on SS&C Technologies
About Representative Cisneros
Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.
Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.
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.
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