AlphaQuest LLC Buys 42,665 Shares of SS&C Technologies Holdings, Inc. $SSNC

AlphaQuest LLC increased its stake in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 1,093.7% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 46,566 shares of the technology company’s stock after purchasing an additional 42,665 shares during the quarter. AlphaQuest LLC’s holdings in SS&C Technologies were worth $4,071,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. V Square Quantitative Management LLC bought a new position in shares of SS&C Technologies during the 4th quarter valued at approximately $37,000. Cornerstone Planning Group LLC grew its position in SS&C Technologies by 1,890.9% in the 3rd quarter. Cornerstone Planning Group LLC now owns 438 shares of the technology company’s stock valued at $39,000 after acquiring an additional 416 shares during the last quarter. Osterweis Capital Management Inc. bought a new position in SS&C Technologies in the 2nd quarter valued at $40,000. Root Financial Partners LLC bought a new position in SS&C Technologies in the 3rd quarter valued at $42,000. Finally, Fifth Third Bancorp grew its position in SS&C Technologies by 216.4% in 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 last quarter. Institutional investors own 96.90% of the company’s stock.

SS&C Technologies Stock Performance

SS&C Technologies stock opened at $67.04 on Tuesday. The stock has a 50-day moving average of $68.81 and a two-hundred day moving average of $77.48. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.10 and a current ratio of 1.10. SS&C Technologies Holdings, Inc. has a one year low of $64.51 and a one year high of $91.07. The stock has a market cap of $16.15 billion, a PE ratio of 20.76 and a beta of 1.12.

SS&C Technologies (NASDAQ:SSNC) last released its quarterly earnings results on Thursday, April 23rd. The technology company reported $1.69 EPS for the quarter, beating analysts’ consensus estimates of $1.65 by $0.04. SS&C Technologies had a return on equity of 20.15% and a net margin of 12.65%.The company had revenue of $1.65 billion during the quarter, compared to analysts’ expectations of $1.63 billion. During the same period last year, the business posted $1.44 earnings per share. The firm’s revenue was up 8.8% compared to the same quarter last year. SS&C Technologies has set its Q2 2026 guidance at 1.640-1.700 EPS. On average, research analysts anticipate that SS&C Technologies Holdings, Inc. will post 6.19 EPS for the current fiscal year.

SS&C Technologies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Monday, June 1st will be paid a $0.27 dividend. The ex-dividend date is Monday, June 1st. This represents a $1.08 dividend on an annualized basis and a yield of 1.6%. SS&C Technologies’s dividend payout ratio (DPR) is 33.44%.

Insider Transactions at SS&C Technologies

In related 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 completion of the sale, the director 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 document filed with the SEC, which is available through this hyperlink. Also, Director Jonathan E. Michael sold 2,740 shares of the company’s stock in a transaction that occurred 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 approximately $5,307,614.24. This represents a 3.34% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 8,740 shares of company stock valued at $583,576. 16.00% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several brokerages have commented on SSNC. Morgan Stanley cut their price objective on SS&C Technologies from $86.00 to $78.00 and set an “equal weight” rating on the stock in a research report on Friday, April 24th. Weiss Ratings downgraded SS&C Technologies from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, May 8th. DA Davidson reiterated a “buy” rating and issued a $96.00 target price on shares of SS&C Technologies in a report on Monday, April 27th. Needham & Company LLC lowered their target price on SS&C Technologies from $95.00 to $90.00 and set a “buy” rating for the company in a report on Friday, April 24th. Finally, UBS Group upped their target price on SS&C Technologies from $112.00 to $115.00 and gave the stock a “buy” rating in a report on Friday, April 24th. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $96.13.

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.