Independent Director Michael Zamkow Sold A Bunch Of Shares In SS&C Technologies Holdings

Some SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) shareholders may be a little concerned to see that the Independent Director, Michael Zamkow, recently sold a substantial US$1.0m worth of stock at a price of US$77.60 per share. That's a big disposal, and it decreased their holding size by 27%, which is notable but not too bad.

AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early.

SS&C Technologies Holdings Insider Transactions Over The Last Year

The President & COO, Rahul Kanwar, made the biggest insider sale in the last 12 months. That single transaction was for US$11m worth of shares at a price of US$73.13 each. So it's clear an insider wanted to take some cash off the table, even below the current price of US$77.71. When an insider sells below the current price, it suggests that they considered that lower price to be fair. That makes us wonder what they think of the (higher) recent valuation. Please do note, however, that sellers may have a variety of reasons for selling, so we don't know for sure what they think of the stock price. We note that the biggest single sale was 72% of Rahul Kanwar's holding.

In total, SS&C Technologies Holdings insiders sold more than they bought over the last year. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. By clicking on the graph below, you can see the precise details of each insider transaction!

Check out our latest analysis for SS&C Technologies Holdings

For those who like to find hidden gems this free list of small cap companies with recent insider purchasing, could be just the ticket.

Insider Ownership Of SS&C Technologies Holdings

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. We usually like to see fairly high levels of insider ownership. SS&C Technologies Holdings insiders own about US$2.7b worth of shares (which is 14% of the company). Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders.

So What Does This Data Suggest About SS&C Technologies Holdings Insiders?

The insider sales have outweighed the insider buying, at SS&C Technologies Holdings, in the last three months. And our longer term analysis of insider transactions didn't bring confidence, either. But it is good to see that SS&C Technologies Holdings is growing earnings. The company boasts high insider ownership, but we're a little hesitant, given the history of share sales. While it's good to be aware of what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. At Simply Wall St, we found 2 warning signs for SS&C Technologies Holdings that deserve your attention before buying any shares.

But note: SS&C Technologies Holdings may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE and low debt.

For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.