United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund acquired a new position in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC – Free Report) in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 141,902 shares of the technology company’s stock, valued at approximately $12,405,000.
A number of other institutional investors have also recently added to or reduced their stakes in SSNC. Millennium Management LLC grew its stake in SS&C Technologies by 349.1% during the 1st quarter. Millennium Management LLC now owns 176,630 shares of the technology company’s stock worth $14,754,000 after buying an additional 137,301 shares during the last quarter. NewEdge Advisors LLC grew its stake in SS&C Technologies by 6,069.0% during the 1st quarter. NewEdge Advisors LLC now owns 2,591 shares of the technology company’s stock worth $216,000 after buying an additional 2,549 shares during the last quarter. Goldman Sachs Group Inc. grew its stake in SS&C Technologies by 16.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 690,340 shares of the technology company’s stock worth $57,664,000 after buying an additional 97,247 shares during the last quarter. Focus Partners Wealth grew its stake in SS&C Technologies by 35.1% during the 1st quarter. Focus Partners Wealth now owns 9,362 shares of the technology company’s stock worth $782,000 after buying an additional 2,431 shares during the last quarter. Finally, Invesco Ltd. grew its stake in SS&C Technologies by 17.9% during the 2nd quarter. Invesco Ltd. now owns 569,693 shares of the technology company’s stock worth $47,171,000 after buying an additional 86,606 shares during the last quarter. 96.90% of the stock is currently owned by institutional investors.
Insider Buying and Selling at SS&C Technologies
In other news, Director Michael Jay Zamkow sold 3,000 shares of the company’s stock in a transaction on 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 directly owned 18,404 shares of the company’s stock, 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 the SEC website. Also, Director Jonathan E. Michael sold 2,740 shares of the company’s stock in a transaction 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 sale, the director directly owned 79,384 shares of the company’s stock, valued at approximately $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 90 days, insiders sold 8,740 shares of company stock valued at $583,576. Insiders own 16.00% of the company’s stock.
Analyst Ratings Changes
Read Our Latest Stock Report on SSNC
SS&C Technologies Trading Up 0.6%
Shares of SS&C Technologies stock opened at $66.11 on Friday. 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 firm has a market cap of $15.92 billion, a price-to-earnings ratio of 20.47 and a beta of 1.12. The business has a fifty day simple moving average of $68.46 and a 200-day simple moving average of $77.09. SS&C Technologies Holdings, Inc. has a fifty-two week low of $64.51 and a fifty-two week high of $91.07.
SS&C Technologies (NASDAQ:SSNC – Get Free Report) last announced its quarterly earnings data on Thursday, April 23rd. The technology company reported $1.69 earnings per share for the quarter, beating the consensus estimate of $1.65 by $0.04. The business had revenue of $1.65 billion during the quarter, compared to analyst estimates 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 revenue was up 8.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.44 earnings per share. SS&C Technologies has set its Q2 2026 guidance at 1.640-1.700 EPS. On average, equities analysts forecast that SS&C Technologies Holdings, Inc. will post 6.19 EPS for the current fiscal year.
SS&C Technologies Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Monday, June 1st will be issued a $0.27 dividend. The ex-dividend date is Monday, June 1st. This represents a $1.08 annualized dividend and a dividend yield of 1.6%. SS&C Technologies’s dividend payout ratio is 33.44%.
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.
Read More
- Five stocks we like better than SS&C Technologies
- 3 Stocks Rallying on Micron’s Price Boost: Substance or Hype?
- Snowflake and the Snowballing Impact of its AI Flywheel
- AI’s Biggest Bottleneck Could Make These 2 Stocks Soar
- These 3 Beaten-Down Stocks Just Saw $25 Million in Insider Buying
Want to see what other hedge funds are holding SSNC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SS&C Technologies Holdings, Inc. (NASDAQ:SSNC – Free Report).
Receive News & Ratings for SS&C Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SS&C Technologies and related companies with MarketBeat.com's FREE daily email newsletter.
