SS&C Technologies Holdings Inc (NASDAQ: SSNC) is -0.24% lower on its value in year-to-date trading and has touched a low of $60.01 and a high of $89.73 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SSNC stock was last observed hovering at around $74.91 in the last trading session, with the day’s gains setting it 0.69%.
Currently trading at $75.60, the stock is -0.39% and -6.90% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.76 million and changing 0.92% at the moment leaves the stock -1.37% off its SMA200. SSNC registered 23.45% gain for a year compared to 6-month gain of 7.94%. The firm has a 50-day simple moving average (SMA 50) of $81.2014 and a 200-day simple moving average (SMA200) of $76.6488.
The stock witnessed a -9.49% loss in the last 1 month and extending the period to 3 months gives it a -5.77%, and is -1.01% down 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 3.50% over the week and 4.03% over the month.
SS&C Technologies Holdings Inc (SSNC) has around 26800 employees, a market worth around $18.63B and $5.96B in sales. Current P/E ratio is 23.50 and Fwd P/E is 11.71. Profit margin for the company is 13.69%. Distance from 52-week low is 25.98% and -15.75% from its 52-week high. The company has generated returns on investments over the last 12 months (5.91%).
The EPS is expected to grow by 8.26% this year
920.0 institutions hold shares in SS&C Technologies Holdings Inc (SSNC), with institutional investors hold 101.30% of the company’s shares. The shares outstanding are 246.41M, and float is at 213.85M with Short Float at 1.24%. Institutions hold 86.69% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 25.25 million shares valued at $1.58 billion. The investor’s holdings represent 10.255 of the SSNC Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 19.92 million shares valued at $1.25 billion to account for 8.0894 of the shares outstanding. The other top investors are JANUS HENDERSON GROUP PLC which holds 15.24 million shares representing 6.1909 and valued at over $955.21 million, while PZENA INVESTMENT MANAGEMENT LLC holds 5.7714 of the shares totaling 14.21 million with a market value of $890.48 million.
SS&C Technologies Holdings Inc (SSNC) Insider Activity
The most recent transaction is an insider sale by ZAMKOW MICHAEL JAY, the company’s Director. SEC filings show that ZAMKOW MICHAEL JAY sold 23,000 shares of the company’s common stock on Feb 25 ’25 at a price of $88.39 per share for a total of $2.03 million. Following the sale, the insider now owns 23200.0 shares.
Still, SEC filings show that on Feb 18 ’25, White Jason Douglas (SVP & General Counsel) disposed off 71,000 shares at an average price of $88.96 for $6.32 million. The insider now directly holds 6,412 shares of SS&C Technologies Holdings Inc (SSNC).
