Insider Selling: Patrick Pedonti Unloads 15,000 Shares of SS&C Technologies Holdings Stock (SSNC)
SS&C Technologies Holdings (NASDAQ:SSNC) CFO Patrick Pedonti sold 15,000 shares of the company’s stock on the open market in a transaction dated Thursday, January 2nd. The stock was sold at an average price of $44.19, for a total transaction of $662,850.00. The transaction was disclosed in a filing with the SEC, which is available at this link.
SS&C Technologies Holdings (NASDAQ:SSNC) traded up 1.01% on Friday, hitting $44.99. The stock had a trading volume of 195,709 shares. SS&C Technologies Holdings has a one year low of $22.22 and a one year high of $44.63. The stock’s 50-day moving average is $41.82 and its 200-day moving average is $37.91. The company has a market cap of $3.699 billion and a P/E ratio of 35.29.
SS&C Technologies Holdings (NASDAQ:SSNC) last issued its quarterly earnings data on Thursday, October 31st. The company reported $0.52 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.50 by $0.02. The company had revenue of $179.51 million for the quarter, compared to the consensus estimate of $181.52 million. During the same quarter last year, the company posted $0.39 earnings per share. SS&C Technologies Holdings’s revenue was up 8.4% compared to the same quarter last year.
Separately, analysts at Needham & Company raised their price target on shares of SS&C Technologies Holdings from $42.00 to $46.00 in a research note to investors on Monday, December 16th. They now have a “buy” rating on the stock. Three equities research analysts have rated the stock with a buy rating, The company currently has an average rating of “Buy” and a consensus target price of $39.50.
SS&C Technologies Holdings, Inc (NASDAQ:SSNC) is a holding company.
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