Sanctuary Advisors LLC Sells 8,117 Shares of SS&C Technologies Holdings, Inc. $SSNC

Sanctuary Advisors LLC trimmed its position in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNCFree Report) by 32.0% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 17,214 shares of the technology company’s stock after selling 8,117 shares during the period. Sanctuary Advisors LLC’s holdings in SS&C Technologies were worth $1,163,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Havemeyer Place LP bought a new stake in SS&C Technologies in the fourth quarter worth about $26,000. EFG International AG bought a new position in shares of SS&C Technologies during the fourth quarter valued at approximately $29,000. V Square Quantitative Management LLC purchased a new stake in shares of SS&C Technologies in the fourth quarter worth approximately $37,000. Osterweis Capital Management Inc. bought a new stake in shares of SS&C Technologies during the 2nd quarter worth approximately $40,000. Finally, Fifth Third Bancorp boosted its holdings in SS&C Technologies by 216.4% during the 4th quarter. Fifth Third Bancorp now owns 481 shares of the technology company’s stock valued at $42,000 after acquiring an additional 329 shares during the period. 96.90% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other SS&C Technologies news, Director Michael Jay Zamkow sold 3,000 shares of the company’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 completion of the sale, the director owned 18,404 shares in the company, valued at $1,227,178.72. This represents a 14.02% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Jonathan E. Michael sold 2,740 shares of the 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 sale, the director directly owned 79,384 shares in the company, valued at $5,307,614.24. This trade represents a 3.34% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 8,740 shares of company stock valued at $583,576 in the last three months. 16.00% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

SSNC has been the topic of a number of recent analyst reports. Jefferies Financial Group reduced their target price on SS&C Technologies from $92.00 to $83.00 and set a “buy” rating on the stock in a research note on Monday, July 20th. DA Davidson restated a “buy” rating and issued a $96.00 price target on shares of SS&C Technologies in a report on Wednesday, July 15th. Needham & Company LLC reaffirmed a “buy” rating and issued a $90.00 price target on shares of SS&C Technologies in a research note on Friday. Royal Bank Of Canada upped their target price on shares of SS&C Technologies from $89.00 to $92.00 and gave the stock an “outperform” rating in a research note on Friday. Finally, Weiss Ratings downgraded shares of SS&C Technologies from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, May 8th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $93.25.

Check Out Our Latest Stock Report on SSNC

SS&C Technologies Stock Performance

Shares of SS&C Technologies stock opened at $73.88 on Friday. The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 1.06. The stock’s fifty day moving average price is $66.98 and its 200-day moving average price is $71.64. The firm has a market cap of $17.79 billion, a P/E ratio of 21.23 and a beta of 1.11. SS&C Technologies Holdings, Inc. has a 12 month low of $61.40 and a 12 month high of $91.07.

SS&C Technologies (NASDAQ:SSNCGet Free Report) last released its quarterly earnings data on Thursday, July 23rd. The technology company reported $1.76 earnings per share for the quarter, topping analysts’ consensus estimates of $1.68 by $0.08. The company had revenue of $1.70 billion during the quarter, compared to analyst estimates of $1.66 billion. SS&C Technologies had a net margin of 13.16% and a return on equity of 21.02%. The firm’s revenue for the quarter was up 10.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.45 earnings per share. 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, equities research analysts expect that SS&C Technologies Holdings, Inc. will post 6.17 earnings per share for the current fiscal year.

SS&C Technologies Announces Dividend

The firm also recently disclosed 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. This represents a $1.08 annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend was Monday, June 1st. SS&C Technologies’s dividend payout ratio (DPR) is presently 33.44%.

SS&C Technologies News Summary

Here are the key news stories impacting SS&C Technologies this week:

SS&C Technologies Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for SS&C Technologies (NASDAQ:SSNC)

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