Kepler Cheuvreux Suisse SA reduced its stake in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC – Free Report) by 21.3% during the 1st quarter, Holdings Channel reports. The fund owned 95,859 shares of the technology company’s stock after selling 25,914 shares during the period. Kepler Cheuvreux Suisse SA’s holdings in SS&C Technologies were worth $6,477,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds have also recently bought and sold shares of the company. Havemeyer Place LP bought a new position in shares of SS&C Technologies during the fourth quarter worth approximately $26,000. EFG International AG acquired a new position in SS&C Technologies in the 4th quarter valued at $29,000. V Square Quantitative Management LLC acquired a new position in SS&C Technologies in the 4th quarter valued at $37,000. Osterweis Capital Management Inc. bought a new position in SS&C Technologies during the 2nd quarter worth $40,000. Finally, Fifth Third Bancorp lifted 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 worth $42,000 after buying an additional 329 shares in the last quarter. 96.90% of the stock is currently owned by institutional investors and hedge funds.
Insider Activity at SS&C Technologies
In other news, Director Michael Jay Zamkow sold 3,000 shares of SS&C Technologies 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 sale, 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 SEC, which can be accessed through the SEC website. Also, Director Jonathan E. Michael sold 2,740 shares of SS&C Technologies stock in a transaction that occurred on Wednesday, May 20th. The stock was 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. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 8,740 shares of company stock worth $583,576 over the last ninety days. 16.00% of the stock is currently owned by insiders.
Analyst Upgrades and Downgrades
View Our Latest Analysis on SS&C Technologies
SS&C Technologies Stock Performance
Shares of SS&C Technologies stock opened at $65.52 on Friday. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 1.06. SS&C Technologies Holdings, Inc. has a 12-month low of $61.40 and a 12-month high of $91.07. The company has a market capitalization of $15.78 billion, a price-to-earnings ratio of 20.28 and a beta of 1.11. The firm’s 50-day moving average price is $66.98 and its two-hundred day moving average price is $73.74.
SS&C Technologies (NASDAQ:SSNC – Get Free Report) last issued its quarterly earnings results on Thursday, April 23rd. The technology company reported $1.69 earnings per share for the quarter, topping analysts’ consensus estimates of $1.65 by $0.04. The company had revenue of $1.65 billion during the quarter, compared to the consensus estimate of $1.63 billion. SS&C Technologies had a net margin of 12.65% and a return on equity of 20.15%. The firm’s quarterly revenue was up 8.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.44 EPS. 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 fiscal year.
SS&C Technologies Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Monday, June 1st were issued a dividend of $0.27 per share. The ex-dividend date of this dividend was Monday, June 1st. This represents a $1.08 annualized dividend and a dividend yield of 1.6%. SS&C Technologies’s payout ratio is 33.44%.
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.
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