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Selling Buzz: SS&C Technologies Holdings Inc [SSNC] Chairman of the Board & CEO STONE WILLIAM C sells 132,700 shares of the company

Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. SS&C Technologies Holdings Inc shares valued at $10,197,650 were sold by STONE WILLIAM C on Dec 10 ’24. At $76.85 per share, STONE WILLIAM C sold 132,700 shares. The insider’s holdings dropped to 31,837,926 shares worth approximately $2.44 billion following the completion of this transaction.

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Also, WILLIAM C STONE purchased 132,700 shares, netting a total of over 10,197,650 in proceeds.

Before that, STONE WILLIAM C had sold 247,300 shares from its account. In a trade valued at $18,944,565, the Chairman of the Board & CEO traded SS&C Technologies Holdings Inc shares for $76.61 each. Upon closing the transaction, the insider’s holdings decreased to 247,300 shares, worth approximately $2.44 billion.

As published in their initiating research note from UBS on November 07, 2023, SS&C Technologies Holdings Inc [SSNC] has been a Buy and the price target has been revised to $72. Analysts at JP Morgan started covering the stock with ‘”an Overweight”‘ outlook in a report released in mid March. Earlier on January 07, 2022, Credit Suisse initiated its rating. Their recommendation was “an Outperform” for SSNC stock.

Analyzing SSNC Stock Performance

During the last five days, there has been a surge of approximately 0.95%. Over the course of the year, SS&C Technologies Holdings Inc shares have jumped approximately 25.59%. Shares of the company reached a 52-week high of $77.69 on 11/29/24 and a 52-week low of $58.79 on 01/05/24. A 50-day SMA is recorded $74.85, while a 200-day SMA reached $68.78. Nevertheless, trading volume fell to 0.64 million shares from 1.04 million shares the previous day.

Support And Resistance Levels for SS&C Technologies Holdings Inc (SSNC)

According to the 24-hour chart, there is a support level at 75.78, which, if violated, would cause prices to drop to 74.83. In the upper region, resistance lies at 77.22. The next price resistance is at 77.70. RSI (Relative Strength Index) is 55.85 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.02, which suggests the price will decrease in the coming days. Percent R is at 22.85%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.

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