UP!
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Type
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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 |
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Key people
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Peter Hess (CEO), Stephanie DiMarco, Co-Founder and Strategic Advisor |
| Revenue |  US$387 Million FY 2014 |
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Operating income
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$28.2 million FY 2009 |
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Net income
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$50.2 million FY 2014 |
| Total assets | $454 million FY 2009 |
| Total equity | $252 Million FY 2009 |
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Number of employees
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1,209 |
| Website | www |
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
| 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
In ADVS 4 funds of 2213 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 |
| 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 / |
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