Western Wealth Management LLC Invests $928,000 in SS&C Technologies Holdings, Inc. $SSNC

Western Wealth Management LLC purchased a new position in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 13,741 shares of the technology company’s stock, valued at approximately $928,000.

Several other institutional investors also recently bought and sold shares of the company. NewEdge Advisors LLC grew its holdings in shares of SS&C Technologies by 218.7% during the first quarter. NewEdge Advisors LLC now owns 32,246 shares of the technology company’s stock valued at $2,178,000 after buying an additional 22,129 shares during the last quarter. Glenmede Trust Co. NA lifted its position in SS&C Technologies by 5.0% in the 1st quarter. Glenmede Trust Co. NA now owns 193,995 shares of the technology company’s stock valued at $13,108,000 after acquiring an additional 9,202 shares in the last quarter. Ritter Alpha LP bought a new position in SS&C Technologies in the 1st quarter valued at approximately $261,000. Groupama Asset Managment boosted its stake in SS&C Technologies by 16.8% during the 1st quarter. Groupama Asset Managment now owns 14,809 shares of the technology company’s stock valued at $1,001,000 after purchasing an additional 2,131 shares during the last quarter. Finally, FinArc Investments Inc. bought a new stake in shares of SS&C Technologies in the 1st quarter worth $2,639,000. 96.90% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at SS&C Technologies

In other SS&C Technologies news, Director Jonathan E. Michael sold 2,740 shares of the company’s stock in a transaction that occurred 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 completion of 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Michael Jay Zamkow sold 3,000 shares of SS&C Technologies 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 transaction, the director owned 18,404 shares in the company, valued at $1,227,178.72. This represents a 14.02% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 8,740 shares of company stock valued at $583,576 over the last 90 days. 16.00% of the stock is currently owned by company insiders.

SS&C Technologies Stock Performance

Shares of SSNC opened at $82.04 on Friday. The firm has a market capitalization of $19.25 billion, a P/E ratio of 23.57 and a beta of 1.07. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.06 and a quick ratio of 1.06. SS&C Technologies Holdings, Inc. has a one year low of $61.40 and a one year high of $91.07. The business has a fifty day moving average of $70.25 and a 200 day moving average of $70.81.

SS&C Technologies (NASDAQ:SSNC) last announced its earnings results on Thursday, July 23rd. The technology company reported $1.76 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.68 by $0.08. The business had revenue of $1.70 billion for the quarter, compared to analysts’ expectations of $1.66 billion. SS&C Technologies had a return on equity of 21.20% and a net margin of 13.16%.The business’s revenue for the quarter was up 10.3% on a year-over-year basis. During the same period last year, the firm posted $1.45 earnings per share. SS&C Technologies has set its FY 2026 guidance at 6.930-7.250 EPS and its Q3 2026 guidance at 1.730-1.790 EPS. As a group, sell-side analysts anticipate that SS&C Technologies Holdings, Inc. will post 6.28 EPS for the current year.

SS&C Technologies Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Monday, June 1st were issued a $0.27 dividend. The ex-dividend date of this dividend was Monday, June 1st. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.3%. SS&C Technologies’s dividend payout ratio (DPR) is presently 31.03%.

Analyst Upgrades and Downgrades

SSNC has been the topic of a number of research analyst reports. DA Davidson reaffirmed a “buy” rating and set a $96.00 price target on shares of SS&C Technologies in a report on Monday, July 27th. Jefferies Financial Group reduced their price objective on SS&C Technologies from $92.00 to $83.00 and set a “buy” rating for the company in a report on Monday, July 20th. UBS Group restated a “buy” rating and set a $99.00 target price on shares of SS&C Technologies in a research note on Thursday. Royal Bank Of Canada raised their price target on shares of SS&C Technologies from $89.00 to $92.00 and gave the company an “outperform” rating in a report on Friday, July 24th. Finally, Morgan Stanley reduced their price target on shares of SS&C Technologies from $86.00 to $78.00 and set an “equal weight” rating for the company in a research note 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. According to MarketBeat, SS&C Technologies currently has an average rating of “Moderate Buy” and a consensus price target of $91.25.

SS&C Technologies 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.