BI Asset Management Fondsmaeglerselskab A S Buys 9,445 Shares of SS&C Technologies Holdings, Inc. $SSNC

BI Asset Management Fondsmaeglerselskab A S increased its stake in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 86.8% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,323 shares of the technology company’s stock after purchasing an additional 9,445 shares during the quarter. BI Asset Management Fondsmaeglerselskab A S’s holdings in SS&C Technologies were worth $1,373,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. World Investment Advisors raised its position in SS&C Technologies by 10.5% in the fourth quarter. World Investment Advisors now owns 15,718 shares of the technology company’s stock valued at $1,374,000 after purchasing an additional 1,495 shares during the last quarter. Corient Private Wealth LLC grew its holdings in shares of SS&C Technologies by 7.3% during the fourth quarter. Corient Private Wealth LLC now owns 10,585 shares of the technology company’s stock worth $925,000 after purchasing an additional 718 shares during the last quarter. Rehmann Capital Advisory Group increased its stake in shares of SS&C Technologies by 10.5% in the fourth quarter. Rehmann Capital Advisory Group now owns 16,094 shares of the technology company’s stock valued at $1,409,000 after buying an additional 1,525 shares during the period. Groupama Asset Managment raised its holdings in SS&C Technologies by 3.9% in the 4th quarter. Groupama Asset Managment now owns 12,678 shares of the technology company’s stock valued at $1,108,000 after buying an additional 479 shares during the last quarter. Finally, Kera Capital Partners Inc. boosted its position in SS&C Technologies by 23.9% during the 4th quarter. Kera Capital Partners Inc. now owns 4,292 shares of the technology company’s stock worth $351,000 after buying an additional 827 shares during the period. Institutional investors own 96.90% of the company’s stock.

Insider Buying and Selling at SS&C Technologies

In other news, Director Michael Jay Zamkow sold 3,000 shares of the stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $66.68, for a total value of $200,040.00. Following the completion of the sale, the director owned 18,404 shares in the company, valued at $1,227,178.72. This represents a 14.02% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Jonathan E. Michael sold 2,740 shares of the stock in a transaction dated 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 sale, the director owned 79,384 shares of the company’s stock, valued at approximately $5,307,614.24. This represents a 3.34% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 8,740 shares of company stock valued at $583,576. Company insiders own 16.00% of the company’s stock.

SS&C Technologies Trading Down 0.3%

SSNC opened at $65.95 on Thursday. SS&C Technologies Holdings, Inc. has a fifty-two week low of $64.37 and a fifty-two week high of $91.07. The firm has a market capitalization of $15.88 billion, a PE ratio of 20.42 and a beta of 1.09. 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 company’s 50-day moving average is $68.02 and its 200 day moving average is $74.79.

SS&C Technologies (NASDAQ:SSNC) last issued its quarterly earnings data on Thursday, April 23rd. The technology company reported $1.69 EPS for the quarter, topping the consensus estimate of $1.65 by $0.04. The firm had revenue of $1.65 billion during the quarter, compared to the consensus estimate of $1.63 billion. SS&C Technologies had a return on equity of 20.15% and a net margin of 12.65%.The company’s quarterly revenue was up 8.8% compared to the same quarter last year. During the same period in the prior year, the business posted $1.44 earnings per share. SS&C Technologies has set its Q2 2026 guidance at 1.640-1.700 EPS. As a group, research analysts predict that SS&C Technologies Holdings, Inc. will post 6.17 earnings per share for the current fiscal year.

SS&C Technologies Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Monday, June 1st were issued a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date of this dividend was Monday, June 1st. SS&C Technologies’s payout ratio is currently 33.44%.

Analysts Set New Price Targets

A number of research firms recently weighed in on SSNC. Wall Street Zen upgraded SS&C Technologies from a “hold” rating to a “buy” rating in a report on Saturday, May 16th. Jefferies Financial Group reduced their price objective on shares of SS&C Technologies from $105.00 to $92.00 and set a “buy” rating on the stock in a research note on Tuesday, April 21st. DA Davidson restated a “buy” rating and issued a $96.00 target price 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. Finally, Needham & Company LLC decreased their price target 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. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, SS&C Technologies presently has an average rating of “Moderate Buy” and a consensus target price of $96.12.

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.