Fiera Capital Corp Has $31.30 Million Holdings in SPS Commerce, Inc. $SPSC

Fiera Capital Corp decreased its holdings in SPS Commerce, Inc. (NASDAQ:SPSC) by 2.5% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 230,002 shares of the software maker’s stock after selling 5,898 shares during the quarter. Fiera Capital Corp owned approximately 0.61% of SPS Commerce worth $31,301,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the stock. Police & Firemen s Retirement System of New Jersey lifted its holdings in SPS Commerce by 8.0% during the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 8,695 shares of the software maker’s stock worth $1,183,000 after buying an additional 647 shares during the period. Geode Capital Management LLC raised its position in shares of SPS Commerce by 1.2% during the second quarter. Geode Capital Management LLC now owns 975,890 shares of the software maker’s stock worth $132,824,000 after acquiring an additional 12,046 shares during the last quarter. Wealth Alliance LLC lifted its stake in shares of SPS Commerce by 8.0% in the second quarter. Wealth Alliance LLC now owns 1,948 shares of the software maker’s stock worth $265,000 after acquiring an additional 145 shares during the period. Illinois Municipal Retirement Fund boosted its holdings in SPS Commerce by 3.5% in the second quarter. Illinois Municipal Retirement Fund now owns 24,435 shares of the software maker’s stock valued at $3,325,000 after acquiring an additional 835 shares during the last quarter. Finally, Profund Advisors LLC increased its position in SPS Commerce by 6.4% during the 2nd quarter. Profund Advisors LLC now owns 1,892 shares of the software maker’s stock valued at $257,000 after purchasing an additional 114 shares during the period. 98.96% of the stock is owned by institutional investors.

SPS Commerce Price Performance

Shares of SPSC opened at $82.25 on Friday. SPS Commerce, Inc. has a one year low of $73.05 and a one year high of $201.06. The company has a market cap of $3.10 billion, a PE ratio of 37.73 and a beta of 0.71. The stock has a 50-day moving average of $102.85 and a 200-day moving average of $122.09.

SPS Commerce (NASDAQ:SPSC) last announced its quarterly earnings results on Thursday, October 30th. The software maker reported $1.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.99 by $0.14. SPS Commerce had a return on equity of 12.10% and a net margin of 11.79%.The business had revenue of $189.90 million for the quarter, compared to analyst estimates of $192.68 million. During the same quarter in the prior year, the company earned $0.92 earnings per share. The company’s quarterly revenue was up 16.0% on a year-over-year basis. SPS Commerce has set its FY 2025 guidance at 4.100-4.15 EPS. Q4 2025 guidance at 0.980-1.020 EPS. Analysts expect that SPS Commerce, Inc. will post 2.73 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the stock. Robert W. Baird set a $104.00 price target on shares of SPS Commerce in a research report on Friday, October 31st. Morgan Stanley set a $100.00 target price on shares of SPS Commerce and gave the company an “equal weight” rating in a report on Tuesday. Weiss Ratings cut shares of SPS Commerce from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Saturday, October 25th. Wall Street Zen lowered SPS Commerce from a “buy” rating to a “hold” rating in a research report on Tuesday, October 14th. Finally, Loop Capital downgraded SPS Commerce from a “buy” rating to a “hold” rating and dropped their price objective for the company from $175.00 to $120.00 in a research note on Thursday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, SPS Commerce has an average rating of “Hold” and an average target price of $106.80.

SPS Commerce Profile

SPS Commerce, Inc provides cloud-based supply chain management solutions in the United States and internationally. It offers solutions through the SPS Commerce, a cloud-based platform that enhances the way retailers, grocers, suppliers, distributors, and logistics firms manage and fulfill omnichannel orders, optimize sell-through performance, and automate new trading relationships.