SS&C Technologies (NASDAQ:SSNC) issued its quarterly earnings results on Wednesday. The technology company reported $1.08 EPS for the quarter, topping analysts’ consensus estimates of $0.97 by $0.11, Briefing.com reports. SS&C Technologies had a return on equity of 19.96% and a net margin of 9.46%. The firm had revenue of $1.21 billion for the quarter, compared to analysts’ expectations of $1.17 billion. During the same period in the previous year, the firm posted $0.95 EPS. The business’s revenue for the quarter was up 7.0% compared to the same quarter last year.
Shares of NASDAQ SSNC opened at $66.26 on Friday. SS&C Technologies has a twelve month low of $42.51 and a twelve month high of $67.73. The firm has a market cap of $16.57 billion, a P/E ratio of 39.92, a PEG ratio of 2.43 and a beta of 1.29. The company has a 50 day moving average of $63.15 and a 200 day moving average of $55.28. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 1.64.
In related news, CEO William C. Stone sold 255,000 shares of the business’s stock in a transaction that occurred on Friday, December 13th. The shares were sold at an average price of $58.84, for a total value of $15,004,200.00. Following the completion of the transaction, the chief executive officer now directly owns 31,931,624 shares in the company, valued at approximately $1,878,856,756.16. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Over the last 90 days, insiders purchased 72 shares of company stock valued at $4,373. 14.50% of the stock is owned by company insiders.
About SS&C Technologies
SS&C Technologies Holdings, Inc provides software products and software-enabled services to financial services and healthcare industries in the United States, Canada, rest of the Americas, Europe, the Asia Pacific, and Japan. The company's products and services allow its clients to automate and integrate front-office functions, such as trading and modeling; middle-office functions, including portfolio management and reporting; and back-office functions comprising accounting, transfer agency, compliance, regulatory services, performance measurement, reconciliation, reporting, processing, and clearing.
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