SS&C Technologies Holdings Inc’s filing revealed that its Chairman of the Board & CEO STONE WILLIAM C unloaded Company’s shares for reported $10.2 million on Dec 10 ’24. In the deal valued at $76.85 per share,132,700 shares were sold. As a result of this transaction, STONE WILLIAM C now holds 31,837,926 shares worth roughly $2.38 billion.
Then, WILLIAM C STONE bought 132,700 shares, generating $10,197,650 in total proceeds.
Before that, STONE WILLIAM C sold 247,300 shares. SS&C Technologies Holdings Inc shares valued at $18,944,565 were divested by the Chairman of the Board & CEO at a price of $76.61 per share. As a result of the transaction, STONE WILLIAM C now holds 31,837,926 shares, worth roughly $2.38 billion.
UBS initiated its SS&C Technologies Holdings Inc [SSNC] rating to a Buy in a research note published on November 07, 2023; the price target was $72. A number of analysts have revised their coverage, including JP Morgan’s analysts, who began to cover the stock in mid March with a ‘”an Overweight”‘ rating. Credit Suisse started covering the stock on January 07, 2022. It rated SSNC as “an Outperform”.
Price Performance Review of SSNC
On Friday, SS&C Technologies Holdings Inc [NASDAQ:SSNC] saw its stock fall -1.66% to $74.75. Over the last five days, the stock has lost -0.93%. SS&C Technologies Holdings Inc shares have fallen nearly -1.36% since the year began. Nevertheless, the stocks have risen 24.17% over the past one year. While a 52-week high of $77.69 was reached on 01/06/25, a 52-week low of $59.18 was recorded on 01/10/25. SMA at 50 days reached $75.04, while 200 days put it at $69.41.
Levels Of Support And Resistance For SSNC Stock
The 24-hour chart illustrates a support level at 74.25, which if violated will result in even more drops to 73.75. On the upside, there is a resistance level at 75.65. A further resistance level may holdings at 76.56. The Relative Strength Index (RSI) on the 14-day chart is 44.12, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.29, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 67.79%. Stochastics %K at 55.74% indicates the stock is a holding.
How much short interest is there in SS&C Technologies Holdings Inc?
A steep rise in short interest was recorded in SS&C Technologies Holdings Inc stocks on 2024-12-13, growing by 0.18 million shares to a total of 2.51 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 2.33 million shares. There was a rise of 7.01%, which implies that there is a positive sentiment for the stock.
