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SSNC Stock Forecast: All the More Reason to Consider SS&C Technologies Holdings Inc (SSNC) Now

SS&C Technologies Holdings Inc (NASDAQ: SSNC) is 1.33% higher on its value in year-to-date trading and has touched a low of $46.61 and a high of $65.86 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The SSNC stock was last observed hovering at around $61.24 in the last trading session, with the day’s gains setting it 0.68%.

Currently trading at $61.92, the stock is 0.42% and -1.36% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.15 million and changing 1.11% at the moment leaves the stock 6.36% off its SMA200. SSNC registered 10.79% gain for a year compared to 6-month gain of 25.24%.

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The stock witnessed a -3.81% loss in the last 1 month and extending the period to 3 months gives it a -0.06%, and is 1.13% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.66% over the week and 1.56% over the month.

SS&C Technologies Holdings Inc (SSNC) has around 26600 employees, a market worth around $15.30B and $5.58B in sales. Current P/E ratio is 24.59 and Fwd P/E is 10.98. Profit margin for the company is 11.46%. Distance from 52-week low is 32.85% and -5.98% from its 52-week high. The company has generated returns on investments over the last 12 months (4.83%).

SS&C Technologies Holdings Inc quarterly earnings per share for the current quarter are estimated at $1.2 with sales reaching $1.43B over the same period.The EPS is expected to grow by 10.79% this year, but quarterly earnings will post 4.70% year-over-year. Quarterly sales are estimated to grow 5.00% in year-over-year returns.

SS&C Technologies Holdings Inc (SSNC) Top Institutional Holders

The shares outstanding are 246.60M, and float is at 214.43M with Short Float at 0.58%.

SS&C Technologies Holdings Inc (SSNC) Insider Activity

The most recent transaction is an insider sale by BOULANGER NORMAND A,the company’sDirector. SEC filings show that BOULANGER NORMAND A sold 60,000 shares of the company’s common stock on Sep 14 ’23 at a price of $55.06 per share for a total of $3.3 million. Following the sale, the insider now owns 0.28 million shares.

SS&C Technologies Holdings Inc disclosed in a document filed with the SEC on Sep 13 ’23 that BOULANGER NORMAND A (Director) sold a total of 40,000 shares of the company’s common stock. The trade occurred on Sep 13 ’23 and was made at $54.61 per share for $2.18 million. Following the transaction, the insider now directly holds 0.34 million shares of the SSNC stock.

Still, SEC filings show that on Sep 12 ’23, BOULANGER NORMAND A (Director) disposed off 20,000 shares at an average price of $55.19 for $1.1 million. The insider now directly holds 380,000 shares of SS&C Technologies Holdings Inc (SSNC).

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