SPS Commerce, Inc. (NASDAQ:SPSC) CFO Kimberly K. Nelson sold 28,644 shares of the company’s stock in a transaction on Monday, January 13th. The shares were sold at an average price of $57.29, for a total value of $1,641,014.76. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

SPSC opened at $57.78 on Thursday. The stock’s 50-day moving average price is $56.31 and its 200 day moving average price is $67.10. SPS Commerce, Inc. has a 12-month low of $42.44 and a 12-month high of $59.14. The company has a current ratio of 4.52, a quick ratio of 4.52 and a debt-to-equity ratio of 0.05. The firm has a market cap of $1.99 billion, a price-to-earnings ratio of 94.72, a PEG ratio of 3.56 and a beta of 0.63.

SPS Commerce (NASDAQ:SPSC) last posted its earnings results on Thursday, October 24th. The software maker reported $0.33 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.28 by $0.05. SPS Commerce had a return on equity of 9.80% and a net margin of 11.67%. The firm had revenue of $70.90 million for the quarter, compared to analyst estimates of $70.09 million. During the same quarter in the prior year, the company earned $0.52 EPS. SPS Commerce’s revenue was up 12.7% on a year-over-year basis. On average, research analysts forecast that SPS Commerce, Inc. will post 0.92 earnings per share for the current year.

Institutional investors and hedge funds have recently bought and sold shares of the stock. FTB Advisors Inc. lifted its stake in SPS Commerce by 173.9% during the 3rd quarter. FTB Advisors Inc. now owns 556 shares of the software maker’s stock worth $26,000 after acquiring an additional 353 shares in the last quarter. Point72 Asset Management L.P. acquired a new position in SPS Commerce during the 2nd quarter worth about $31,000. Tower Research Capital LLC TRC lifted its stake in SPS Commerce by 1,805.3% during the 3rd quarter. Tower Research Capital LLC TRC now owns 724 shares of the software maker’s stock worth $34,000 after acquiring an additional 686 shares in the last quarter. Carroll Financial Associates Inc. increased its holdings in SPS Commerce by 3,560.0% during the 4th quarter. Carroll Financial Associates Inc. now owns 732 shares of the software maker’s stock worth $40,000 after purchasing an additional 712 shares during the period. Finally, JNBA Financial Advisors increased its holdings in SPS Commerce by 100.0% during the 3rd quarter. JNBA Financial Advisors now owns 1,002 shares of the software maker’s stock worth $47,000 after purchasing an additional 501 shares during the period. 96.69% of the stock is currently owned by hedge funds and other institutional investors.

Several brokerages have recently commented on SPSC. Oppenheimer set a $61.00 price target on SPS Commerce and gave the company a “buy” rating in a research note on Friday, October 25th. First Analysis upped their price target on SPS Commerce from $61.00 to $68.00 and gave the company a “strong-buy” rating in a research note on Thursday. BidaskClub raised SPS Commerce from a “sell” rating to a “hold” rating in a research note on Wednesday. Zacks Investment Research lowered SPS Commerce from a “buy” rating to a “hold” rating in a research note on Thursday, December 26th. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $60.00 price target on shares of SPS Commerce in a research note on Friday, October 25th. One analyst has rated the stock with a sell rating, two have given a hold rating, eight have given a buy rating and one has given a strong buy rating to the stock. SPS Commerce presently has a consensus rating of “Buy” and an average target price of $59.65.

SPS Commerce Company Profile

SPS Commerce, Inc provides cloud-based supply chain management solutions worldwide. It offers solutions through the SPS Commerce platform, a cloud-based platform that enhances the way retailers, suppliers, grocers, distributors, and logistics firms manage and fulfill orders, administer sell-through performance, and source new items.

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