Ss&c Technologies Holdings Inc (SSNC) Files Form 4 Insider Selling : Patrick J Pedonti Sells 15,000 Shares

Ss&c Technologies Holdings Inc (SSNC): Patrick J Pedonti , SVP and CFO of Ss&c Technologies Holdings Inc sold 15,000 shares on May 2, 2016. The Insider selling transaction was reported by the company on May 3, 2016 to the Securities and Exchange Commission. The shares were sold at $61.85 per share for a total value of $927,693.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Apr 4, 2016, Patrick J Pedonti (SVP and CFO) sold 15,000 shares at $63.83 per share price.On Feb 22, 2016, Jonathan E Michael (director) purchased 5,000 shares at $57.59 per share price.Also, On Feb 18, 2016, Michael Jay Zamkow (director) purchased 9,000 shares at $56.90 per share price.On Jan 6, 2016, William C Stone (director officer 10% owner (Chairman of the Board) sold 164,500 shares at $66.03 per share price.

SS&C Technologies Holdings: On Monday, May 2, 2016 heightened volatility was witnessed in SS&C Technologies Holdings which led to swings in the share price. The shares opened for trading at $61.55 and hit $62.95 on the upside , eventually ending the session at $62.68, with a gain of 2.50% or 1.53 points. The heightened volatility saw the trading volume jump to 7,15,791 shares. The 52-week high of the share price is $77.19 and the company has a market cap of $6,359 M . The 52-week low of the share price is at $47.23.

SS&C Technologies Holdings Money Flow Index Chart

Company has been under the radar of several Street Analysts.SS&C Technologies Holdings is Initiated by Morgan Stanley to Equal-Weight. The Rating was issued on Apr 13, 2016.SS&C Technologies Holdings is Initiated by Morgan Stanley to Equal-Weight and the brokerage firm has set the Price Target at $68. The Rating was issued on Mar 29, 2016.SS&C Technologies Holdings is Reiterated by Needham to Buy while Lowering the Price Target of the company shares to $ 76 from a previous price target of $86 . The Rating was issued on Feb 12, 2016.SS&C Technologies Holdings is Upgraded by Raymond James to Outperform. Earlier the firm had a rating of Mkt Perform on the company shares. The Rating was issued on Feb 9, 2016.

SS&C Technologies Holdings Inc. (SS&C Holdings) is a holding company which provides software products and software-enabled services. The Company operates primarily through its subsidiary SS&C Technologies Inc. The Company’s service offerings are classified as portfolio management/accounting; trading/treasury operations; financial modeling; loan management/accounting; property management; money market processing; software-enabled services; professional services and product support. The Company’s software products and software-enabled services automates and integrates front-office functions such as trading and modeling; middle-office functions such as portfolio management and reporting and back-office functions such as accounting performance measurement reconciliation reporting processing and clearing. Its other subsidiaries include Advent Software Inc. and GlobeOp Financial Services S.A. and Prime Management Limited among others.

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