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ADVS $44.24

Advent Software Inc.
Type
Subsidiary of SS&C Technologies
Traded as NASDAQ: ADVS
Industry Application Software
Founded 1983 (1983)
Founder Steve Strand and Stephanie DiMarco
Headquarters San Francisco, CA, United States
Key people
Peter Hess (CEO), Stephanie DiMarco, Co-Founder and Strategic Advisor
Revenue IncreaseUS$387 Million FY 2014
Operating income
Increase$28.2 million FY 2009
Net income
Increase$50.2 million FY 2014
Total assets Increase$454 million FY 2009
Total equity Increase$252 Million FY 2009
Number of employees
1,209
Website www.advent.com

Advent Software is a software company that makes software designed to automate portfolio accounting for investment management firms, ranging from family offices and investment advisers to large institutional investors and hedge funds. The company has customers in 60 countries that manage some $18 trillion in assets.

Advent is based in San Francisco and was founded in 1983 by Steve Strand and Stephanie DiMarco. DiMarco served as President and CEO until June 2012, at which point she stepped down and was succeeded by Peter Hess.

On July 8, 2015 Advent Software was acquired by SS&C Technologies.

2009–2015

2016–present


Q reports

Period Date Adjusted Actuals EPS GAAP EPS

Ratings

2015-02-03 Set Price Target JPMorgan Chase & Co. Hold $34.50 to $44.25
2015-02-03 Downgrade Sandler O'Neill Buy to Hold
2015-02-03 Downgrade Wedbush Outperform to Neutral $39.00 to $44.25
2015-02-03 Upgrade Raymond James Underperform to Market Perform
2015-02-03 Upgrade Raymond James Financial Inc. Underperform to Market Perform
2015-01-28 Downgrade Sidoti Buy to Neutral
2015-01-22 Downgrade Raymond James Market Perform to Underperform
2014-11-12 Initiated Coverage Bank of America Neutral $34.00
2014-11-12 Initiated Coverage Bank of America Corp. Neutral $34.00
2014-08-15 Initiated Coverage Sidoti Buy
2014-07-29 Reiterated Rating JPMorgan Chase & Co. Neutral $36.00 to $34.50
2014-06-19 Boost Price Target Sandler O'Neill Buy $33.00 to $35.00
2014-06-13 Initiated Coverage Raymond James Market Perform
2014-04-29 Upgrade Sandler O'Neill Hold to Buy $33.00
2014-04-29 Reiterated Rating Jefferies Group Hold $38.00 to $30.00
2013-12-20 Initiated Coverage Jefferies Group Hold $38.00
2013-10-30 Boost Price Target Sandler O'Neill Hold $32.00 to $35.00
2013-10-29 Boost Price Target Wedbush Outperform $34.00 to $39.00
2013-09-20 Boost Price Target Sandler O'Neill Hold $30.00 to $32.00
2011-02-08 Reiterated Brean Murray Buy $30.50 to $35
2010-10-26 Reiterated Brean Murray Buy $55 to $61
2010-08-10 Reiterated Wedbush Outperform $56 to $61
2010-07-27 Reiterated Wedbush Outperform $54 to $56
2010-07-27 Reiterated Brean Murray Buy $52 to $55
2010-06-10 Upgrade Wedbush Neutral to Outperform $45 to $54
2010-04-29 Reiterated Brean Murray Buy $45 to $52
2010-02-02 Reiterated Brean Murray Buy $48 to $45
2009-09-11 Reiterated Brean Murray Buy $42 to $44
2009-04-29 Reiterated Brean Murray Buy $28 to $36
2009-04-22 Downgrade Deutsche Securities Buy to Hold $32
2009-02-04 Reiterated Wedbush Morgan Hold $23 to $25
2009-02-04 Reiterated Needham Buy $30 to $33
2009-01-30 Reiterated Brean Murray Buy $35 to $28
2008-12-19 Initiated Wedbush Morgan Hold $23
2008-10-29 Reiterated Needham Buy $60 to $30
2008-10-07 Reiterated JMP Securities Mkt Outperform $63 to $48
2015-02-03 Set Price Target JPMorgan Chase & Co. Hold $34.50 to $44.25
2015-02-03 Downgrade Sandler O'Neill Buy to Hold
2015-02-03 Downgrade Wedbush Outperform to Neutral $39.00 to $44.25
2015-02-03 Upgrade Raymond James Underperform to Market Perform
2015-02-03 Upgrade Raymond James Financial Inc. Underperform to Market Perform

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Funds

In ADVS 4 funds of 2209 total. Show all

Fund name Ticker shares
MANAGED ACCOUNT ADVISORS LLC 0.59M
STERNE AGEE GROUP, INC. 19393
Placemark Investments, Inc. 16059
Bank of Kentucky, Inc. 967

Major Shareholders

Name Relationship Total Shares Holding stocks
WEINBERG ELI J 15.90%  (8198921) ADVS / KWK / LAMR / PQ / REN /
TPG Advisors VI, Inc. Former 10% Owner (1)(2)(3) 7.36%  (3792279) ADVS / AVHI / AWI / NTI /
Manfredi Christine S 0.03%  (17040) ADVS /
Brennan John P SVP HR & Facilities 0.03%  (16395) ADVS /