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Jefferies analysts upgrades a Buy rating for SS&C Technologies Holdings Inc (SSNC)

SS&C Technologies Holdings Inc’s recent filing unveils that its Director ZAMKOW MICHAEL JAY unloaded Company’s shares for reported $2.03 million on Feb 25 ’25. In the deal valued at $88.39 per share,23,000 shares were sold. As a result of this transaction, ZAMKOW MICHAEL JAY now holds 23,200 shares worth roughly $2.05 million.

Then, Michael Zamkow bought 23,000 shares, generating $2,034,350 in total proceeds.

Before that, White Jason Douglas sold 71,000 shares. SS&C Technologies Holdings Inc shares valued at $6,316,352 were divested by the SVP & General Counsel at a price of $88.96 per share. As a result of the transaction, White Jason Douglas now holds 6,412 shares, worth roughly $0.57 million.

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 fall -0.93% to $88.22. Over the last five days, the stock has lost -0.49%. SS&C Technologies Holdings Inc shares have risen nearly 16.42% since the year began. Nevertheless, the stocks have risen 39.06% over the past one year. While a 52-week high of $89.50 was reached on 03/03/25, a 52-week low of $59.63 was recorded on 01/13/25. SMA at 50 days reached $81.22, while 200 days put it at $73.10.

Levels Of Support And Resistance For SSNC Stock

The 24-hour chart illustrates a support level at 87.42, which if violated will result in even more drops to 86.61. On the upside, there is a resistance level at 89.38. A further resistance level may holdings at 90.53. The Relative Strength Index (RSI) on the 14-day chart is 67.45, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.02, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 37.99%. Stochastics %K at 72.51% indicates the stock is a holding.

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.

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