SSNC stock icon

SS&C Technologies
SSNC

$68.44
1.47%

Market Cap: 16.9B

 

About: SS&C Technologies provides software products and software-enabled services to a variety of customers primarily in financial services but also healthcare firms. SS&C GlobeOp provides fund administration services to alternative and traditional asset managers. In addition, SS&C provides portfolio accounting, portfolio management, trading, banking/lending, and other software to asset managers, banks, and financial advisors. SS&C's purchase of Intralinks makes it a leading player in Virtual Data Room solutions. With its 2018 purchase of DST Systems, SS&C gained a foothold in the healthcare industry with pharmacy health management solutions and medical claim administration services. In 2022, SS&C completed the acquisition of Blue Prism.

Employees: 26,600

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 8 analysts
0
News positive %
of 6 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

73% more call options, than puts

Call options by funds: $37.4M | Put options by funds: $21.7M

21% more repeat investments, than reductions

Existing positions increased: 228 | Existing positions reduced: 189

12% more first-time investments, than exits

New positions opened: 67 | Existing positions closed: 60

1% more funds holding

Funds holding: 545 [Q4 2023] → 552 (+7) [Q1 2024]

4% more capital invested

Capital invested by funds: $12.5B [Q4 2023] → $13B (+$488M) [Q1 2024]

0.93% less ownership

Funds ownership: 82.52% [Q4 2023] → 81.59% (-0.93%) [Q1 2024]

7% less funds holding in top 10

Funds holding in top 10: 15 [Q4 2023] → 14 (-1) [Q1 2024]

Research analyst outlook

8 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$60
12%
downside
Avg. target
$70
3%
upside
High target
$78
14%
upside

8 analyst ratings

positive
75%
neutral
25%
negative
0%
Jefferies
Surinder Thind
11%downside
$61
Hold
Maintained
29 Apr 2024
Needham
Mayank Tandon
8%upside
$74
Buy
Maintained
26 Apr 2024
DA Davidson
Peter Heckmann
14%upside
$78
Buy
Maintained
16 Apr 2024
Citigroup
Andrew Schmitt
4%upside
$71
Buy
Maintained
15 Feb 2024
UBS
Kevin Mcveigh
13%upside
$77
Buy
Maintained
14 Feb 2024

Financial journalist opinion

Based on 6 articles about SSNC published over the past 30 days