SS&C Technologies Holdings, Inc. $SSNC Shares Purchased by Sunriver Management LLC

Sunriver Management LLC increased its stake in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNCFree Report) by 26.5% during the first quarter, Holdings Channel reports. The institutional investor owned 797,849 shares of the technology company’s stock after acquiring an additional 166,970 shares during the period. SS&C Technologies comprises about 9.1% of Sunriver Management LLC’s portfolio, making the stock its 2nd biggest position. Sunriver Management LLC’s holdings in SS&C Technologies were worth $53,911,000 as of its most recent SEC filing.

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

Insiders Place Their Bets

In other news, Director Michael Jay Zamkow sold 3,000 shares of the business’s 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 transaction, the director directly owned 18,404 shares of the company’s stock, valued at $1,227,178.72. The trade was a 14.02% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Jonathan E. Michael sold 2,740 shares of the company’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 completion of the sale, the director owned 79,384 shares in the company, valued at $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. Over the last three months, insiders sold 8,740 shares of company stock valued at $583,576. Insiders own 16.00% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. DA Davidson reaffirmed a “buy” rating and set a $96.00 price objective on shares of SS&C Technologies in a report on Wednesday, July 15th. JPMorgan Chase & Co. lowered their target price on SS&C Technologies from $94.00 to $87.00 and set a “neutral” rating on the stock in a report on Monday, July 20th. Weiss Ratings lowered SS&C Technologies from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, May 8th. Wall Street Zen upgraded SS&C Technologies from a “hold” rating to a “buy” rating in a research report on Saturday, May 16th. Finally, UBS Group lifted their price target on SS&C Technologies from $112.00 to $115.00 and gave the stock a “buy” rating in a research note on Friday, April 24th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, SS&C Technologies presently has a consensus rating of “Moderate Buy” and an average price target of $93.25.

Read Our Latest Analysis on SSNC

More SS&C Technologies News

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

SS&C Technologies Stock Up 10.4%

SSNC stock opened at $73.88 on Friday. 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 50 day simple moving average is $66.98 and its 200-day simple moving average is $71.64. SS&C Technologies Holdings, Inc. has a 12 month low of $61.40 and a 12 month high of $91.07. The firm has a market capitalization of $17.79 billion, a PE ratio of 21.23 and a beta of 1.11.

SS&C Technologies (NASDAQ:SSNCGet 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 the consensus estimate of $1.68 by $0.08. SS&C Technologies had a return on equity of 21.02% and a net margin of 13.16%.The firm had revenue of $1.70 billion during the quarter, compared to the consensus estimate of $1.66 billion. During the same period in the previous year, the firm posted $1.45 EPS. The company’s quarterly revenue 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. Equities 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 business also recently declared a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Monday, June 1st were given 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 yield of 1.5%. SS&C Technologies’s dividend payout ratio (DPR) is presently 33.44%.

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.

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

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