Jefferies Financial Group Issues Pessimistic Forecast for SS&C Technologies (NASDAQ:SSNC) Stock Price

SS&C Technologies (NASDAQ:SSNC) had its price objective cut by analysts at Jefferies Financial Group from $92.00 to $83.00 in a report released on Monday,Benzinga reports. The brokerage presently has a “buy” rating on the technology company’s stock. Jefferies Financial Group’s target price points to a potential upside of 22.20% from the stock’s previous close.

A number of other equities research analysts have also recently commented on SSNC. Needham & Company LLC decreased 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 note on Friday, April 24th. Weiss Ratings cut shares of SS&C Technologies from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, May 8th. Morgan Stanley decreased their price objective 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. DA Davidson restated a “buy” rating and set a $96.00 target price on shares of SS&C Technologies in a research note on Wednesday, July 15th. Finally, UBS Group upped their target price on shares of 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 company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $94.12.

SS&C Technologies Stock Performance

Shares of SSNC opened at $67.92 on Monday. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 1.06. The business has a 50-day simple moving average of $66.70 and a two-hundred day simple moving average of $71.90. The stock has a market cap of $16.36 billion, a price-to-earnings ratio of 21.03 and a beta of 1.11. SS&C Technologies has a 52 week low of $61.40 and a 52 week high of $91.07.

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 firm had revenue of $1.65 billion for 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%.The business’s quarterly revenue was up 8.8% on a year-over-year basis. During the same period in the previous year, the firm earned $1.44 EPS. SS&C Technologies has set its Q2 2026 guidance at 1.640-1.700 EPS. On average, analysts expect that SS&C Technologies will post 6.17 EPS for the current year.

Insiders Place Their Bets

In related news, Director Jonathan E. Michael sold 2,740 shares of the firm’s stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $66.86, for a total transaction of $183,196.40. Following the completion of the transaction, 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 transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Michael Jay Zamkow sold 3,000 shares of SS&C Technologies stock in a transaction on Friday, May 22nd. The shares were 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 in the company, valued at approximately $1,227,178.72. This represents a 14.02% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 8,740 shares of company stock valued at $583,576. 16.00% of the stock is owned by company insiders.

Institutional Investors Weigh In On SS&C Technologies

Large investors have recently made changes to their positions in the company. Havemeyer Place LP purchased a new stake in shares of SS&C Technologies in the fourth quarter worth about $26,000. EFG International AG purchased a new position in SS&C Technologies during the 4th quarter valued at approximately $29,000. V Square Quantitative Management LLC purchased a new position in SS&C Technologies during the 4th quarter valued at approximately $37,000. Osterweis Capital Management Inc. bought a new stake in SS&C Technologies in the 2nd quarter worth approximately $40,000. Finally, Fifth Third Bancorp increased its stake in 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 last quarter. 96.90% of the stock is owned by institutional investors.

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.