Ss&c Technologies Holdings Inc (SSNC) Files Form 4 Insider Selling : Normand A Boulanger Sells 49,231 Shares

Ss&c Technologies Holdings Inc (SSNC): Normand A Boulanger , President and COO of Ss&c Technologies Holdings Inc sold 49,231 shares on Jun 6, 2016. The Insider selling transaction was reported by the company on Jun 8, 2016 to the Securities and Exchange Commission. The shares were sold at $61.57 per share for a total value of $3,031,382.25 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 2, 2016, Patrick J Pedonti (SVP and CFO) sold 14,467 shares at $61.54 per share price.On May 31, 2016, Normand A Boulanger (President and COO) sold 124,651 shares at $61.28 per share price.Also, On May 12, 2016, William C Stone (director officer 10% owner (Chairman of the Board) sold 20,000 shares at $59.15 per share price.On Feb 22, 2016, Jonathan E Michael (director) purchased 5,000 shares at $57.59 per share price.

Shares of SS&C Technologies Holdings (SSNC) ended Tuesday, Jun 7, 2016 session in red amid volatile trading. The shares closed down -0.09 points or -0.15% at $61.28 with 2,19,083 shares getting traded. Post opening the session at $61.49, the shares hit an intraday low of $61.22 and an intraday high of $61.88 and the price vacillated in this range throughout the day. The company has a market cap of $6,073 M and the number of outstanding shares has been calculated to be 9,91,07,712 shares. The 52-week high of SS&C Technologies Holdings is $77.19 and the 52-week low is $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 RBC Capital Mkts to Outperform and the brokerage firm has set the Price Target at $72. The Rating was issued on May 13, 2016.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 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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