SPS Commerce (NASDAQ:SPSC) EVP Sells $132,844.92 in Stock

SPS Commerce, Inc. (NASDAQ:SPSC) EVP Jamie Thingelstad sold 2,418 shares of the company’s stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $54.94, for a total value of $132,844.92. Following the completion of the transaction, the executive vice president directly owned 56,344 shares of the company’s stock, valued at approximately $3,095,539.36. This trade represents a 4.11% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

SPS Commerce Trading Up 5.7%

Shares of NASDAQ:SPSC opened at $57.25 on Friday. The firm has a market capitalization of $2.14 billion, a PE ratio of 23.37 and a beta of 0.56. SPS Commerce, Inc. has a 1-year low of $52.56 and a 1-year high of $153.16. The business’s 50 day moving average is $82.00 and its 200-day moving average is $93.36.

SPS Commerce (NASDAQ:SPSC) last issued its earnings results on Thursday, February 12th. The software maker reported $1.14 EPS for the quarter, beating analysts’ consensus estimates of $1.00 by $0.14. SPS Commerce had a return on equity of 12.73% and a net margin of 12.42%.The business had revenue of $192.65 million during the quarter, compared to analyst estimates of $193.60 million. During the same period in the prior year, the company posted $0.89 earnings per share. SPS Commerce’s revenue was up 12.7% on a year-over-year basis. SPS Commerce has set its FY 2026 guidance at 4.420-4.500 EPS and its Q1 2026 guidance at 0.950-0.990 EPS. On average, sell-side analysts predict that SPS Commerce, Inc. will post 2.73 EPS for the current year.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on SPSC shares. Stifel Nicolaus set a $65.00 target price on shares of SPS Commerce and gave the company a “hold” rating in a research note on Friday, February 13th. Cantor Fitzgerald set a $70.00 target price on SPS Commerce in a report on Friday, February 13th. Northland Securities set a $109.00 target price on SPS Commerce in a research report on Friday, October 31st. Craig Hallum cut SPS Commerce from a “buy” rating to a “hold” rating and set a $70.00 price target on the stock. in a research report on Friday, February 13th. Finally, Needham & Company LLC reiterated a “buy” rating and set a $110.00 price objective (down from $160.00) on shares of SPS Commerce in a research note on Friday, October 31st. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $87.40.

Institutional Investors Weigh In On SPS Commerce

Hedge funds and other institutional investors have recently bought and sold shares of the business. Bank of Montreal Can grew its position in shares of SPS Commerce by 95.6% during the 2nd quarter. Bank of Montreal Can now owns 24,403 shares of the software maker’s stock worth $3,321,000 after buying an additional 11,927 shares during the period. Van Berkom & Associates Inc. bought a new position in SPS Commerce in the third quarter valued at approximately $51,878,000. Fenimore Asset Management Inc grew its holdings in SPS Commerce by 17.8% during the 3rd quarter. Fenimore Asset Management Inc now owns 145,888 shares of the software maker’s stock worth $15,193,000 after acquiring an additional 22,036 shares during the period. Buckhead Capital Management LLC grew its holdings in SPS Commerce by 284.7% during the 3rd quarter. Buckhead Capital Management LLC now owns 35,945 shares of the software maker’s stock worth $3,743,000 after acquiring an additional 26,602 shares during the period. Finally, Caxton Associates LLP bought a new stake in shares of SPS Commerce during the 2nd quarter valued at $2,007,000. 98.96% of the stock is owned by institutional investors and hedge funds.

SPS Commerce Company Profile

SPS Commerce, Inc is a leading provider of cloud-based supply chain management solutions that enable seamless collaboration between retailers, suppliers and logistics providers. Through its robust network, SPS Commerce connects trading partners with electronic data interchange (EDI) capabilities, helping businesses automate order processing, inventory management and fulfillment workflows. The company’s platform ensures data accuracy, accelerates order-to-cash cycles and reduces manual intervention, supporting a wide range of industries including retail, grocery, consumer goods and automotive.

The company offers a suite of services encompassing EDI, retail-ready compliance, order management and data analytics.