SSNC Director Sells $2 Million Worth of Shares Amid Market Dynamics
On February 25, 2025, MICHAEL JAY ZAMKOW, a director at $SSNC, executed a sale of 23,000 shares valued at approximately $2,033,062. The information comes from a recent SEC filing, revealing that this transaction accounts for nearly 49.8% of his holdings in this class of Stock. Post-sale, Zamkow retains ownership of 23,200 shares in this class of $SSNC Stock.
Recent Insider Trading Activities at $SSNC
Insider trading at $SSNC has been notable, with insiders executing 9 trades in the last six months. All of these trades reflect sales, with no purchases recorded during this period.
Here’s a summary of recent insider transactions related to $SSNC over the past six months:
- WILLIAM C STONE (Chairman of the Board & CEO) made 0 purchases and 2 sales, liquidating 380,000 shares for approximately $29,142,214.
- JASON DOUGLAS WHITE (SVP & General Counsel) made 0 purchases and 4 sales, divesting 140,000 shares for around $11,634,464.
- NORMAND A BOULANGER sold 130,000 shares valued at approximately $9,798,828.
- MICHAEL JAY ZAMKOW also recorded 0 purchases and 2 sales, selling a total of 42,000 shares for approximately $3,476,499.
For further insights on insider transactions, explore Quiver Quantitative’s insider trading dashboard.
Hedge Fund Activity Involving $SSNC
The last quarter saw institutional investors actively managing their investments in $SSNC, with 297 adding shares and 338 reducing their stakes.
Highlighted recent institutional moves include:
- BLACKROCK, INC. increased its holdings by 5,274,258 shares (+21.7%) in Q4 2024, amounting to an estimated $399,683,271.
- BOSTON PARTNERS expanded its portfolio by 3,901,227 shares (+283.1%) in Q4 2024, valued at about $295,634,982.
- CITADEL ADVISORS LLC reduced its position by 3,408,388 shares (-89.7%) in Q4 2024, with a total estimated value of $258,287,642.
- DURABLE CAPITAL PARTNERS LP completely divested 3,263,508 shares (-100.0%) in Q4 2024, worth about $247,308,636.
- PZENA INVESTMENT MANAGEMENT LLC sold 1,104,896 shares (-8.7%) in Q4 2024, having an estimated value of $83,729,018.
- BANK OF AMERICA CORP /DE/ added 880,058 shares (+64.9%) in Q4 2024, estimated at $66,690,795.
- SENATOR INVESTMENT GROUP LP raised its holdings by 869,175 shares (+133.7%) in Q4 2024, valued at roughly $65,866,081.
To monitor hedge fund activities, visit Quiver Quantitative’s institutional holdings dashboard.
This article does not constitute financial advice. For additional details, refer to Quiver Quantitative’s disclaimers.
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