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 $2.78 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 $2.78 billion.
Jefferies upgraded its SS&C Technologies Holdings Inc [SSNC] rating to a Buy from a a Hold in a research note published on February 03, 2025; the price target was increased to $94 from $70. A number of analysts have revised their coverage, including UBS’s analysts, who began to cover the stock in early November with a ‘”a Buy”‘ rating. JP Morgan began covering SSNC with “an Overweight” recommendation on March 15, 2023.
Price Performance Review of SSNC
On Monday, SS&C Technologies Holdings Inc [NASDAQ:SSNC] saw its stock jump 0.67% to $87.29. Over the last five days, the stock has gained 7.04%. SS&C Technologies Holdings Inc shares have risen nearly 15.19% since the year began. Nevertheless, the stocks have risen 43.78% over the past one year. While a 52-week high of $87.50 was reached on 02/07/25, a 52-week low of $59.53 was recorded on 01/13/25. SMA at 50 days reached $77.93, while 200 days put it at $71.26.
Levels Of Support And Resistance For SSNC Stock
The 24-hour chart illustrates a support level at 86.13, which if violated will result in even more drops to 84.97. On the upside, there is a resistance level at 87.95. A further resistance level may holdings at 88.62. The Relative Strength Index (RSI) on the 14-day chart is 80.78, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 3.61, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 2.51%. Stochastics %K at 91.07% indicates the stock is a selling.
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 2025-01-15, growing by 0.29 million shares to a total of 2.8 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 2.51 million shares. There was a rise of 10.26%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on January 07, 2022 when Credit Suisse began covering the stock and recommended ‘”an Outperform”‘ rating along with a $105 price target.
