Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC). In a filing disclosed on May 08th, the Representative disclosed that they had sold between $1,001 and $15,000 in SS&C Technologies stock on April 29th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.
Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):
- Purchased $1,001 – $15,000 in shares of Revvity (NYSE:RVTY) on 5/1/2026.
- Sold $1,001 – $15,000 in shares of Flex (NASDAQ:FLEX) on 5/1/2026.
- Purchased $1,001 – $15,000 in shares of LPL Financial (NASDAQ:LPLA) on 5/1/2026.
- Purchased $1,001 – $15,000 in shares of FirstService (NASDAQ:FSV) on 5/1/2026.
- Sold $1,001 – $15,000 in shares of SS&C Technologies (NASDAQ:SSNC) on 5/1/2026.
- Purchased $1,001 – $15,000 in shares of Wayfair (NYSE:W) on 5/1/2026.
- Purchased $1,001 – $15,000 in shares of STERIS (NYSE:STE) on 5/1/2026.
- Purchased $1,001 – $15,000 in shares of DoorDash (NASDAQ:DASH) on 5/1/2026.
- Purchased $1,001 – $15,000 in shares of Sensata Technologies (NYSE:ST) on 5/1/2026.
- Purchased $1,001 – $15,000 in shares of Veralto (NYSE:VLTO) on 5/1/2026.
SS&C Technologies Price Performance
Shares of NASDAQ:SSNC traded down $0.46 during trading on Tuesday, hitting $66.58. 453,074 shares of the company’s stock were exchanged, compared to its average volume of 2,426,856. The business’s 50-day simple moving average is $70.44 and its 200 day simple moving average is $78.74. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.10 and a quick ratio of 1.10. SS&C Technologies Holdings, Inc. has a 52-week low of $65.05 and a 52-week high of $91.07. The company has a market cap of $16.03 billion, a price-to-earnings ratio of 20.60 and a beta of 1.12.
SS&C Technologies Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 16th. Stockholders of record on Monday, March 2nd were paid a $0.27 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.6%. SS&C Technologies’s dividend payout ratio is 33.44%.
Hedge Funds Weigh In On SS&C Technologies
Institutional investors have recently modified their holdings of the stock. Havemeyer Place LP bought a new position in SS&C Technologies in the fourth quarter worth approximately $26,000. EFG International AG bought a new stake in shares of SS&C Technologies in the 4th quarter valued at about $29,000. V Square Quantitative Management LLC purchased a new position in shares of SS&C Technologies in the 4th quarter worth approximately $37,000. Cornerstone Planning Group LLC raised its stake in shares of SS&C Technologies by 1,890.9% during the 3rd quarter. Cornerstone Planning Group LLC now owns 438 shares of the technology company’s stock worth $39,000 after acquiring an additional 416 shares in the last quarter. Finally, Quent Capital LLC purchased a new stake in SS&C Technologies during the third quarter valued at approximately $39,000. 96.90% of the stock is owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
Several brokerages recently commented on SSNC. Needham & Company LLC cut their price target on shares of SS&C Technologies from $95.00 to $90.00 and set a “buy” rating on the stock in a report on Friday, April 24th. Raymond James Financial restated a “strong-buy” rating on shares of SS&C Technologies in a research report on Wednesday, January 21st. Jefferies Financial Group reduced their price target on SS&C Technologies from $105.00 to $92.00 and set a “buy” rating on the stock in a report on Tuesday, April 21st. DA Davidson reissued a “buy” rating and set a $96.00 price target on shares of SS&C Technologies in a research note on Monday, April 27th. Finally, Morgan Stanley dropped their price objective on SS&C Technologies from $86.00 to $78.00 and set an “equal weight” rating for the company in a report on Friday, April 24th. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $96.13.
Check Out Our Latest Stock Report on SSNC
About Representative Cisneros
Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.
Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.
SS&C Technologies Company 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.
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