AXQ Capital LP Purchases New Shares in SS&C Technologies Holdings, Inc. $SSNC

AXQ Capital LP purchased a new position in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 12,873 shares of the technology company’s stock, valued at approximately $1,125,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in SSNC. Norges Bank acquired a new stake in SS&C Technologies in the 4th quarter valued at about $242,846,000. Alliancebernstein L.P. increased its position in SS&C Technologies by 503.0% in the 3rd quarter. Alliancebernstein L.P. now owns 1,261,559 shares of the technology company’s stock valued at $111,976,000 after acquiring an additional 1,052,331 shares in the last quarter. Junto Capital Management LP acquired a new stake in SS&C Technologies in the 3rd quarter valued at about $89,281,000. Danica Pension Livsforsikringsaktieselskab acquired a new stake in SS&C Technologies in the 3rd quarter valued at about $64,795,000. Finally, First Trust Advisors LP increased its position in SS&C Technologies by 114.2% in the 3rd quarter. First Trust Advisors LP now owns 772,290 shares of the technology company’s stock valued at $68,548,000 after acquiring an additional 411,717 shares in the last quarter. Institutional investors and hedge funds own 96.90% of the company’s stock.

Insider Transactions at SS&C Technologies

In other news, Director Michael Jay Zamkow sold 3,000 shares of the company’s stock in a transaction dated 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 sale, the director directly owned 18,404 shares of the company’s stock, valued at $1,227,178.72. This represents a 14.02% decrease in their position. The sale was disclosed in a legal filing 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 dated 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 directly owned 79,384 shares of the company’s stock, valued at approximately $5,307,614.24. This trade represents a 3.34% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 8,740 shares of company stock valued at $583,576. 16.00% of the stock is currently owned by company insiders.

SS&C Technologies Stock Performance

Shares of SSNC stock opened at $68.22 on Wednesday. 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 stock has a market cap of $16.43 billion, a PE ratio of 21.12 and a beta of 1.09. The stock has a 50-day moving average of $68.32 and a 200-day moving average of $76.85. SS&C Technologies Holdings, Inc. has a one year low of $64.51 and a one year high of $91.07.

SS&C Technologies (NASDAQ:SSNC) last announced 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. The company had revenue of $1.65 billion during the quarter, compared to analysts’ expectations of $1.63 billion. SS&C Technologies had a return on equity of 20.15% and a net margin of 12.65%.SS&C Technologies’s revenue was up 8.8% on a year-over-year basis. During the same period in the prior year, the business posted $1.44 EPS. SS&C Technologies has set its Q2 2026 guidance at 1.640-1.700 EPS. As a group, sell-side analysts expect that SS&C Technologies Holdings, Inc. will post 6.19 earnings per share for the current year.

SS&C Technologies Announces Dividend

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

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on SSNC shares. Wall Street Zen upgraded shares of SS&C Technologies from a “hold” rating to a “buy” rating in a research report on Saturday, May 16th. DA Davidson restated a “buy” rating and set a $96.00 target price on shares of SS&C Technologies in a research report on Monday, April 27th. Weiss Ratings downgraded shares of SS&C Technologies from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, May 8th. Morgan Stanley cut their target price on shares of 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. Finally, Needham & Company LLC cut their target price on shares of SS&C Technologies from $95.00 to $90.00 and set a “buy” rating on the stock in a research report on Friday, April 24th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $96.13.

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.