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 $2,033,062 were sold by ZAMKOW MICHAEL JAY on Feb 25 ’25. At $88.39 per share, ZAMKOW MICHAEL JAY sold 23,000 shares. The insider’s holdings dropped to 23,200 shares worth approximately $1.86 million following the completion of this transaction.
Also, Michael Zamkow purchased 23,000 shares, netting a total of over 2,034,350 in proceeds.
Before that, White Jason Douglas had sold 71,000 shares from its account. In a trade valued at $6,316,352, the SVP & General Counsel traded SS&C Technologies Holdings Inc shares for $88.96 each. Upon closing the transaction, the insider’s holdings decreased to 71,000 shares, worth approximately $0.51 million.
As published in a research note from Jefferies on February 03, 2025, SS&C Technologies Holdings Inc [SSNC] has been rated up from a Hold to a Buy and the price target has been revised to $94 from $70. Analysts at UBS started covering the stock with ‘”a Buy”‘ outlook in a report released in early November. As of March 15, 2023, JP Morgan has initiated its “an Overweight” rating for SSNC.
Analyzing SSNC Stock Performance
During the last five days, there has been a drop of approximately -5.45%. Over the course of the year, SS&C Technologies Holdings Inc shares have jumped approximately 5.52%. Shares of the company reached a 52-week high of $89.73 on 03/03/25 and a 52-week low of $74.30 on 01/13/25. A 50-day SMA is recorded $82.51, while a 200-day SMA reached $73.91.
Support And Resistance Levels for SS&C Technologies Holdings Inc (SSNC)
According to the 24-hour chart, there is a support level at 79.19, which, if violated, would cause prices to drop to 78.42. In the upper region, resistance lies at 81.14. The next price resistance is at 82.32. RSI (Relative Strength Index) is 32.03 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -4.74, which suggests the price will decrease in the coming days. Percent R is at 96.45%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
