Sei Investments Co. Sells 39,989 Shares of SPS Commerce, Inc. $SPSC

Sei Investments Co. lowered its stake in SPS Commerce, Inc. (NASDAQ:SPSC) by 47.1% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 44,952 shares of the software maker’s stock after selling 39,989 shares during the period. Sei Investments Co. owned approximately 0.12% of SPS Commerce worth $2,503,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the stock. UBS Group AG lifted its holdings in SPS Commerce by 182.3% in the 4th quarter. UBS Group AG now owns 1,295,267 shares of the software maker’s stock worth $115,447,000 after purchasing an additional 836,407 shares during the last quarter. Norges Bank bought a new stake in SPS Commerce during the fourth quarter worth approximately $49,883,000. Irenic Capital Management LP acquired a new position in SPS Commerce during the fourth quarter valued at approximately $40,293,000. Walleye Capital LLC grew its holdings in SPS Commerce by 1,749.1% during the first quarter. Walleye Capital LLC now owns 457,635 shares of the software maker’s stock valued at $25,477,000 after purchasing an additional 432,886 shares during the last quarter. Finally, Disciplined Growth Investors Inc. MN raised its position in shares of SPS Commerce by 86.4% in the third quarter. Disciplined Growth Investors Inc. MN now owns 792,472 shares of the software maker’s stock valued at $82,528,000 after purchasing an additional 367,346 shares during the period. Institutional investors and hedge funds own 98.96% of the company’s stock.

Analyst Upgrades and Downgrades

SPSC has been the subject of a number of analyst reports. Wall Street Zen cut shares of SPS Commerce from a “buy” rating to a “hold” rating in a research note on Saturday, July 18th. Citigroup reiterated a “buy” rating and issued a $82.00 target price (up from $76.00) on shares of SPS Commerce in a report on Tuesday, July 21st. Morgan Stanley restated an “underweight” rating and set a $59.00 price target (up from $57.00) on shares of SPS Commerce in a report on Friday, July 31st. Needham & Company LLC restated a “buy” rating on shares of SPS Commerce in a report on Tuesday, July 28th. Finally, Zacks Research raised SPS Commerce from a “strong sell” rating to a “hold” rating in a research report on Monday, July 20th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, six have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, SPS Commerce presently has a consensus rating of “Hold” and an average price target of $74.60.

SPS Commerce Price Performance

Shares of SPS Commerce stock opened at $73.38 on Friday. SPS Commerce, Inc. has a fifty-two week low of $49.04 and a fifty-two week high of $117.37. The firm has a fifty day moving average price of $60.86 and a two-hundred day moving average price of $61.70. The company has a market cap of $2.64 billion, a PE ratio of 35.45 and a beta of 0.53.

SPS Commerce (NASDAQ:SPSC) last released its earnings results on Thursday, July 30th. The software maker reported $1.27 earnings per share for the quarter, beating the consensus estimate of $1.09 by $0.18. SPS Commerce had a net margin of 10.10% and a return on equity of 13.04%. The business had revenue of $197.81 million during the quarter, compared to analysts’ expectations of $195.46 million. During the same quarter last year, the company earned $1.00 earnings per share. The firm’s revenue was up 5.6% on a year-over-year basis. SPS Commerce has set its Q3 2026 guidance at 1.200-1.230 EPS and its FY 2026 guidance at 4.840-4.930 EPS. Analysts expect that SPS Commerce, Inc. will post 3.56 earnings per share for the current fiscal year.

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.