SS&C Technologies Target of Unusually Large Options Trading (NASDAQ:SSNC)

SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) was the target of some unusual options trading activity on Monday. Stock investors acquired 3,076 call options on the stock. This is an increase of approximately 1,386% compared to the average volume of 207 call options.

SS&C Technologies Stock Down 0.1%

Shares of SSNC stock opened at $69.51 on Tuesday. The company’s fifty day simple moving average is $66.68 and its two-hundred day simple moving average is $72.04. SS&C Technologies has a 52 week low of $61.40 and a 52 week high of $91.07. The stock has a market cap of $16.74 billion, a P/E ratio of 21.52 and a beta of 1.11. 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 issued 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 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 business’s quarterly revenue was up 8.8% compared to the same quarter last year. During the same quarter last year, the business posted $1.44 earnings per share. SS&C Technologies has set its Q2 2026 guidance at 1.640-1.700 EPS. Analysts predict that SS&C Technologies will post 6.17 EPS 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. Stockholders of record on Monday, June 1st were issued a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a dividend yield of 1.6%. The ex-dividend date of this dividend was Monday, June 1st. SS&C Technologies’s dividend payout ratio is 33.44%.

Insider Buying and Selling

In other 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 sale, the director directly owned 79,384 shares in the company, valued at $5,307,614.24. This trade represents a 3.34% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 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 transaction, the director owned 18,404 shares in the company, valued at approximately $1,227,178.72. This trade represents a 14.02% decrease in their position. The SEC filing for this sale provides additional information. Over 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.

Hedge Funds Weigh In On SS&C Technologies

Several institutional investors have recently bought and sold shares of the business. AXA S.A. raised its holdings in shares of SS&C Technologies by 1.4% in the second quarter. AXA S.A. now owns 9,372 shares of the technology company’s stock valued at $776,000 after buying an additional 130 shares during the last quarter. Private Trust Co. NA grew its holdings in shares of SS&C Technologies by 36.0% during the fourth quarter. Private Trust Co. NA now owns 502 shares of the technology company’s stock worth $44,000 after buying an additional 133 shares during the last quarter. Signaturefd LLC increased its position in SS&C Technologies by 3.9% in the 4th quarter. Signaturefd LLC now owns 3,785 shares of the technology company’s stock valued at $331,000 after acquiring an additional 141 shares during the period. Cullen Frost Bankers Inc. increased its position in SS&C Technologies by 0.8% in the 4th quarter. Cullen Frost Bankers Inc. now owns 17,271 shares of the technology company’s stock valued at $1,510,000 after acquiring an additional 142 shares during the period. Finally, Allworth Financial LP raised its stake in SS&C Technologies by 6.9% during the 3rd quarter. Allworth Financial LP now owns 2,312 shares of the technology company’s stock valued at $205,000 after acquiring an additional 150 shares during the last quarter. Institutional investors own 96.90% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently commented on SSNC. Wall Street Zen upgraded SS&C Technologies from a “hold” rating to a “buy” rating in a research report on Saturday, May 16th. Needham & Company LLC cut their target price on SS&C Technologies from $95.00 to $90.00 and set a “buy” rating for the company in a research report on Friday, April 24th. UBS Group lifted their target price on SS&C Technologies from $112.00 to $115.00 and gave the company a “buy” rating in a research note on Friday, April 24th. DA Davidson reissued a “buy” rating and issued a $96.00 price target on shares of SS&C Technologies in a report on Wednesday, July 15th. Finally, Weiss Ratings downgraded SS&C Technologies from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, May 8th. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $94.12.

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.