SS&C Technologies Holdings Inc. (SSNC): What the weekly performance showing

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SS&C Technologies Holdings Inc. (NASDAQ:SSNC) changes shares on Wednesday trading session, with a change of 2.66% or $1.55 shares. The trading starts at $58.53 and closed at $58.34 throughout the day. The trading session low price was $58.46 and day high was $59.91 on Wednesday, August 05. After the session, the Technology sector daily volume shifted to 1.45 million while its average volume is 1.47M. In other hand, the SSNC market cap reached to $15.39B. While, its current target price is $67.87.

On September 6, 2018, Financial software maker SS&C to buy Intralinks in $1.5 billion deal. According to the news reported on Reuters, Financial software company SS&C Technologies Holdings Inc said on Thursday it would buy data-sharing platform Intralinks Holdings Inc in a deal valued at $1.5 billion, the latest effort by the company to expand beyond its core clientele of hedge funds and private equity…

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is up 2.92% and up 6.93% for month. Its quarterly performance was 6.28% above, while its half year performance is down -6.54%. SSNC yearly performance stood at positive 37.93% and fall -2.46% for year-to-date. Current recommendation for SS&C Technologies Holdings Inc. is 2.00.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. SSNC EPS (TTM) for 12-month is 1.91. EPS for this year is 291.90%, while for the next year its value is 4.33. Sales growth for the current quarter is 1.74 while its EPS Q/Q reached 21.90%. It has an EPS of 17.20% up for past five years and for the next five years will be up 18.03%.

On the other hand, target price ranges from $57.00 – $78.00. Average target price for SSNC was reached at $67.87.

Vanguard Group, Inc. (The), Janus Henderson Group PLC and Wellington Management Company, LLP are the top three holders in SS&C Technologies Holdings Inc. (SSNC) stock. On Mar 30, 2020, Vanguard Group, Inc. (The) has 20.69 million shares which valued 906.85 million. On Mar 30, 2020, Janus Henderson Group PLC owned 18.95 million shares which valued at 830.47 million. On Mar 30, 2020, Wellington Management Company, LLP has a total of 13.49 million shares which valued at 591.03 million. In the end, Wellington Management Company, LLP have 5.26% shares outstanding of SS&C Technologies Holdings Inc. (SSNC) on Mar 30, 2020. The insider ownership moved to 0.10% and institutional holding shifted to 84.80%.

The company posted an EPS (TTM) of 1.91. According to the most recent quarter report on (Sep 2020), 16 analysts estimated an average EPS of 0.98, while 0.93 EPS posted a year ago period. Analyst Estimated EPS for SSNC published in the report was $0.92 – $1.02 during the same period. Comparing with last year, the average estimated EPS was 0.93 which is lower than 1.04 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for SSNC rise 6.49% for period of 200 days. SMA for 50 days was 4.24% which is showing green signal, while SMA-20 was 5.18%. The moving average value for SS&C Technologies Holdings Inc. (SSNC) is 55.16 and 56.92 for 200 and 50 days respectively.

Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in SSNC stock. On Jun 16, Frank Joseph J., SVP, Chief Legal Officer, bought 2 trading shares at the cost of $58.91, which valued at 121.0. On May 08, BOULANGER NORMAND A, Director, sold 123,891 shares at the cost of $58.34, with total shares of 230,000. On May 07, BOULANGER NORMAND A, Director, sold 46,109 shares at the cost of 57.48. After this transaction, BOULANGER NORMAND A total shares reached to 230,000 which valued at 2.65 million.