SPS Commerce (NASDAQ:SPSC) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of SPS Commerce (NASDAQ:SPSC) from a hold rating to a buy rating in a research note published on Saturday morning.

Other equities analysts also recently issued reports about the stock. Stifel Nicolaus set a $65.00 target price on shares of SPS Commerce and gave the stock a “hold” rating in a research report on Friday, February 13th. Cantor Fitzgerald set a $70.00 price target on SPS Commerce in a research report on Friday, February 13th. DA Davidson decreased their price target on SPS Commerce from $80.00 to $65.00 and set a “neutral” rating for the company in a research note on Tuesday, February 17th. Robert W. Baird set a $86.00 price objective on SPS Commerce in a report on Friday, February 13th. Finally, Craig Hallum downgraded SPS Commerce from a “buy” rating to a “hold” rating and set a $70.00 price objective on the stock. in a research note on Friday, February 13th. One 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 issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $87.40.

SPS Commerce Stock Down 1.8%

SPSC stock opened at $59.45 on Friday. The company has a market capitalization of $2.22 billion, a price-to-earnings ratio of 24.27 and a beta of 0.63. SPS Commerce has a 12 month low of $52.56 and a 12 month high of $153.16. The firm has a 50 day moving average of $74.85 and a two-hundred day moving average of $88.77.

SPS Commerce (NASDAQ:SPSC) last released its quarterly earnings results on Thursday, February 12th. The software maker reported $1.14 earnings per share for the quarter, beating analysts’ consensus estimates of $1.00 by $0.14. SPS Commerce had a net margin of 12.42% and a return on equity of 12.73%. The business had revenue of $192.65 million for the quarter, compared to the consensus estimate of $193.60 million. During the same quarter last year, the firm earned $0.89 EPS. SPS Commerce’s revenue for the quarter 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, research analysts expect that SPS Commerce will post 2.73 EPS for the current fiscal year.

Insider Activity

In other SPS Commerce news, CFO Kimberly K. Nelson sold 6,300 shares of the company’s stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $58.66, for a total transaction of $369,558.00. Following the completion of the sale, the chief financial officer directly owned 145,452 shares in the company, valued at $8,532,214.32. This represents a 4.15% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Chadwick Collins sold 13,384 shares of the firm’s stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $58.66, for a total value of $785,105.44. Following the completion of the sale, the chief executive officer directly owned 72,241 shares in the company, valued at approximately $4,237,657.06. This represents a 15.63% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 24,834 shares of company stock worth $1,527,223. Insiders own 0.98% of the company’s stock.

Hedge Funds Weigh In On SPS Commerce

Large investors have recently made changes to their positions in the business. NewEdge Advisors LLC grew its holdings in SPS Commerce by 545.7% in the 1st quarter. NewEdge Advisors LLC now owns 226 shares of the software maker’s stock valued at $30,000 after buying an additional 191 shares during the last quarter. Salomon & Ludwin LLC acquired a new position in shares of SPS Commerce during the third quarter worth approximately $28,000. Advisory Services Network LLC acquired a new position in shares of SPS Commerce during the third quarter worth approximately $32,000. Advisors Asset Management Inc. boosted its position in shares of SPS Commerce by 39.9% in the first quarter. Advisors Asset Management Inc. now owns 393 shares of the software maker’s stock valued at $52,000 after acquiring an additional 112 shares during the period. Finally, Global Retirement Partners LLC boosted its position in shares of SPS Commerce by 2,130.0% in the fourth quarter. Global Retirement Partners LLC now owns 446 shares of the software maker’s stock valued at $40,000 after acquiring an additional 426 shares during the period. Institutional investors and hedge funds own 98.96% of the company’s stock.

About SPS Commerce

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.