Large Outflow of Money Witnessed in SS&C Technologies Holdings

SS&C Technologies Holdings (SSNC) : Net money flow in SS&C Technologies Holdings (SSNC) was negative ($10.09 million) and the inflow of money on uptick was $5.52 million, whereas, the outflow of money on downticks amounted to $15.62 million on Tuesday. The traders used every opportunity of price strength in the stock to sell their positions, hence, the total uptick to downtick ratio was 0.35. The block trades show that the large investors, were aggressive sellers in the stock. The total value of block trades on upticks was only $1.2 million. On the other hand, the total value of block trades done on downticks was $12.3 million. The ratio of uptick to downtick block trades was 0.1. The money flow in block trades was negative ($11.1). SS&C Technologies Holdings (SSNC) gained $0.63 cent during the day and reached $30.47, a gain of 2.11% over the previous day.


The company Insiders own 18% of SS&C Technologies Holdings shares according to the proxy statements. Institutional Investors own 88.12% of SS&C Technologies Holdings shares. In an insider trading activity,The director officer (President and COO) of Ss&C Technologies Holdings Inc, Boulanger Normand A sold 49,231 shares at $61.57 on June 6, 2016. The Insider selling transaction had a total value worth of $3,031,153. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Shares of SS&C Technologies Holdings, Inc. rose by 6.87% in the last five trading days and 3.92% for the last 4 weeks. SS&C Technologies Holdings, Inc. is up 0.44% in the last 3-month period. Year-to-Date the stock performance stands at -10.37%.

SS&C Technologies Holdings (NASDAQ:SSNC): stock turned positive on Tuesday. Though the stock opened at $30.07, the bulls momentum made the stock top out at $30.55 level for the day. The stock recorded a low of $29.84 and closed the trading day at $30.47, in the green by 2.11%. The total traded volume for the day was 1,252,431. The stock had closed at $29.84 in the previous days trading.

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 Companys 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 Companys 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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