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

SS&C Technologies Holdings, Inc. (NASDAQ:SSNC)’s stock price reached a new 52-week low during trading on Thursday . The company traded as low as $64.25 and last traded at $64.4070, with a volume of 737053 shares. The stock had previously closed at $65.97.

Analysts Set New Price Targets

SSNC has been the subject of several research analyst reports. UBS Group lifted their price target on shares of SS&C Technologies from $112.00 to $115.00 and gave the company a “buy” rating in a research note on Friday, April 24th. Needham & Company LLC reduced their target price on SS&C Technologies from $95.00 to $90.00 and set a “buy” rating for the company in a research note on Friday, April 24th. Weiss Ratings lowered SS&C Technologies from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, May 8th. Wall Street Zen raised SS&C Technologies from a “hold” rating to a “buy” rating in a research note on Saturday, May 16th. Finally, DA Davidson reiterated a “buy” rating and issued a $96.00 price target on shares of SS&C Technologies in a report on Monday, April 27th. 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, SS&C Technologies presently has a consensus rating of “Moderate Buy” and an average target price of $96.12.

SS&C Technologies Stock Performance

The company has a debt-to-equity ratio of 1.06, a current ratio of 1.10 and a quick ratio of 1.10. The company’s fifty day simple moving average is $68.02 and its two-hundred day simple moving average is $74.79. The stock has a market cap of $15.42 billion, a price-to-earnings ratio of 19.85 and a beta of 1.09.

SS&C Technologies (NASDAQ:SSNC) last issued its quarterly earnings data on Thursday, April 23rd. The technology company reported $1.69 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.65 by $0.04. The firm had revenue of $1.65 billion during 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%. The business’s revenue was up 8.8% on a year-over-year basis. During the same period last year, the company earned $1.44 earnings per share. SS&C Technologies has set its Q2 2026 guidance at 1.640-1.700 EPS. On average, analysts forecast that SS&C Technologies Holdings, Inc. will post 6.17 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. Investors of record on Monday, June 1st were given a $0.27 dividend. The ex-dividend date of this dividend was Monday, June 1st. This represents a $1.08 annualized dividend and a yield of 1.7%. SS&C Technologies’s dividend payout ratio (DPR) is presently 33.44%.

Insider Transactions at SS&C Technologies

In related news, Director Michael Jay Zamkow sold 3,000 shares of the stock in a transaction on 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 of the company’s stock, valued at approximately $1,227,178.72. This represents a 14.02% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, 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 transaction, the director owned 79,384 shares in the company, valued at approximately $5,307,614.24. This trade represents a 3.34% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 8,740 shares of company stock valued at $583,576 in the last quarter. Company insiders own 16.00% of the company’s stock.

Institutional Trading of SS&C Technologies

Several institutional investors and hedge funds have recently made changes to their positions in the company. Havemeyer Place LP bought a new stake in SS&C Technologies in the 4th quarter worth about $26,000. EFG International AG bought a new position in SS&C Technologies during the fourth quarter valued at about $29,000. V Square Quantitative Management LLC bought a new position in SS&C Technologies during the fourth quarter valued at about $37,000. Osterweis Capital Management Inc. purchased a new stake in SS&C Technologies during the second quarter worth about $40,000. Finally, Fifth Third Bancorp increased its holdings 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 buying an additional 329 shares during 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.