.jpg "SS&C Technologies Holdings (NASDAQ: SSNC)")
Today, a Director at SS&C Technologies Holdings (SSNC), David Varsano, bought shares of SSNC for $98.7K.
Following this transaction David Varsano’s holding in the company was increased by 142.86% to a total of $762.5K. Following David Varsano’s last SSNC Buy transaction on August 30, 2012, the stock climbed by 34.0%.
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Based on SS&C Technologies Holdings’ latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $992 million and quarterly net profit of $57 million. In comparison, last year the company earned revenue of $418 million and had a net profit of $64.23 million. SSNC’s market cap is $10.89B and the company has a P/E ratio of 46.45. Currently, SS&C Technologies Holdings has an average volume of 2.39M.
Based on 6 analyst ratings, the analyst consensus is Strong Buy with an average price target of $65.00, reflecting a 44.9% upside. Starting in September 2018, SSNC received 8 Buy ratings in a row. Six different firms, including D.A. Davidson and Deutsche Bank, currently also have a Buy rating on the stock.
The insider sentiment on SS&C Technologies Holdings has been positive according to 14 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.
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SS&C Technologies Holdings, Inc. engages in the development and provision of software solutions. Its portfolio of products provides functions including trading and modeling, middle-office functions such as portfolio management and reporting, and back-office functions such as accounting, performance measurement, reconciliation, reporting, processing and clearing. It also caters to the institutional asset and wealth management, alternative investment management, financial advisory, and financial institutions vertical markets. The company was founded by William Charles Stone in February 1986 and is headquartered in Windsor, CT.
