Inspire Investing LLC Lowers Stock Position in SS&C Technologies Holdings, Inc. $SSNC

Inspire Investing LLC cut its stake in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 72.7% in the first quarter, HoldingsChannel reports. The fund owned 4,935 shares of the technology company’s stock after selling 13,173 shares during the period. Inspire Investing LLC’s holdings in SS&C Technologies were worth $333,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Lansforsakringar Fondforvaltning AB publ increased its stake in shares of SS&C Technologies by 1.3% in the first quarter. Lansforsakringar Fondforvaltning AB publ now owns 73,830 shares of the technology company’s stock worth $4,989,000 after purchasing an additional 969 shares in the last quarter. Skylands Capital LLC increased its stake in SS&C Technologies by 71.6% in the 1st quarter. Skylands Capital LLC now owns 138,475 shares of the technology company’s stock worth $9,357,000 after buying an additional 57,775 shares in the last quarter. Sylvest Advisors LLC lifted its position in shares of SS&C Technologies by 13.6% in the first quarter. Sylvest Advisors LLC now owns 8,595 shares of the technology company’s stock valued at $581,000 after acquiring an additional 1,030 shares in the last quarter. Cannon Global Investment Management LLC lifted its position in shares of SS&C Technologies by 62.8% in the first quarter. Cannon Global Investment Management LLC now owns 14,000 shares of the technology company’s stock valued at $946,000 after acquiring an additional 5,400 shares in the last quarter. Finally, GHP Investment Advisors Inc. boosted its stake in shares of SS&C Technologies by 0.5% in the first quarter. GHP Investment Advisors Inc. now owns 140,593 shares of the technology company’s stock worth $9,500,000 after acquiring an additional 747 shares during the period. Institutional investors own 96.90% of the company’s stock.

Analysts Set New Price Targets

SSNC has been the topic of a number of research analyst reports. DA Davidson reissued a “buy” rating and issued a $96.00 price target on shares of SS&C Technologies in a report on Monday, April 27th. Weiss Ratings cut shares of SS&C Technologies from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, May 8th. 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. UBS Group raised their target price on shares of SS&C Technologies from $112.00 to $115.00 and gave the company a “buy” rating in a research note on Friday, April 24th. Finally, Needham & Company LLC decreased their price target on shares of SS&C Technologies from $95.00 to $90.00 and set a “buy” rating on the stock in a research note on Friday, April 24th. One 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 company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $96.12.

Insider Buying and Selling

In other news, Director Michael Jay Zamkow sold 3,000 shares of the stock in a transaction that occurred 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 sale, the director directly owned 18,404 shares in the company, valued at approximately $1,227,178.72. This represents a 14.02% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Jonathan E. Michael sold 2,740 shares of the firm’s stock in a transaction that occurred on Wednesday, May 20th. The stock was 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 of the company’s stock, valued at $5,307,614.24. This represents a 3.34% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 8,740 shares of company stock worth $583,576. Insiders own 16.00% of the company’s stock.

SS&C Technologies Stock Down 0.3%

Shares of SSNC opened at $65.32 on Tuesday. The company has a market cap of $15.73 billion, a PE ratio of 20.22 and a beta of 1.11. The business has a fifty day moving average of $66.89 and a 200 day moving average of $73.50. SS&C Technologies Holdings, Inc. has a 52-week low of $61.40 and a 52-week high of $91.07. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 1.06.

SS&C Technologies (NASDAQ:SSNC) last posted its quarterly earnings data on Thursday, April 23rd. The technology company reported $1.69 earnings per share for the quarter, beating analysts’ consensus estimates of $1.65 by $0.04. The business had revenue of $1.65 billion for the quarter, compared to analysts’ expectations of $1.63 billion. SS&C Technologies had a net margin of 12.65% and a return on equity of 20.15%. The business’s revenue was up 8.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.44 earnings per share. SS&C Technologies has set its Q2 2026 guidance at 1.640-1.700 EPS. On average, sell-side analysts expect that SS&C Technologies Holdings, Inc. will post 6.17 EPS for the current year.

SS&C Technologies Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 1st were paid a dividend of $0.27 per share. The ex-dividend date of this dividend was Monday, June 1st. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.7%. SS&C Technologies’s dividend payout ratio is currently 33.44%.

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.