SPS Commerce (NASDAQ:SPSC) Stock Rating Upgraded by Wall Street Zen

SPS Commerce (NASDAQ:SPSC) was upgraded by Wall Street Zen from a “hold” rating to a “buy” rating in a research report issued on Saturday.

Several other equities research analysts have also issued reports on SPSC. Craig Hallum lowered shares of SPS Commerce from a “buy” rating to a “hold” rating and set a $70.00 price target for the company. in a research note on Friday, February 13th. Weiss Ratings reiterated a “sell (d+)” rating on shares of SPS Commerce in a research note on Thursday, January 22nd. Cantor Fitzgerald set a $70.00 price objective on SPS Commerce in a report on Friday, February 13th. Citigroup reissued a “buy” rating and issued a $84.00 target price (down from $110.00) on shares of SPS Commerce in a research report on Friday, February 13th. Finally, Robert W. Baird set a $86.00 target price on SPS Commerce in a research note on Friday, February 13th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, SPS Commerce has an average rating of “Hold” and an average price target of $87.40.

SPS Commerce Stock Performance

Shares of NASDAQ:SPSC opened at $60.55 on Friday. The company has a market capitalization of $2.26 billion, a P/E ratio of 24.71 and a beta of 0.63. The company’s 50-day moving average is $75.47 and its 200 day moving average is $89.14. SPS Commerce has a fifty-two week low of $52.56 and a fifty-two week high of $153.16.

SPS Commerce (NASDAQ:SPSC) last posted its quarterly earnings data on Thursday, February 12th. The software maker reported $1.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.00 by $0.14. The business had revenue of $192.65 million during the quarter, compared to the consensus estimate of $193.60 million. SPS Commerce had a net margin of 12.42% and a return on equity of 12.73%. The firm’s quarterly revenue was up 12.7% compared to the same quarter last year. During the same quarter last year, the company posted $0.89 earnings per share. 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. As a group, research analysts predict that SPS Commerce will post 2.73 earnings per share for the current year.

Insider Buying and Selling at SPS Commerce

In related news, EVP Jamie Thingelstad sold 2,418 shares of the firm’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 accessible through this hyperlink. Also, CEO Chadwick Collins sold 13,384 shares of SPS Commerce stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $58.66, for a total transaction of $785,105.44. Following the completion of the transaction, the chief executive officer owned 72,241 shares of the company’s stock, valued at $4,237,657.06. This represents a 15.63% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 24,834 shares of company stock worth $1,527,223. 0.98% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On SPS Commerce

Several institutional investors have recently made changes to their positions in the stock. Van Berkom & Associates Inc. purchased a new stake in SPS Commerce during the 3rd quarter worth about $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 valued at $15,193,000 after buying an additional 22,036 shares in the last quarter. Buckhead Capital Management LLC increased its position in shares of SPS Commerce by 284.7% during the third quarter. Buckhead Capital Management LLC now owns 35,945 shares of the software maker’s stock valued at $3,743,000 after buying an additional 26,602 shares during the period. Caxton Associates LLP bought a new stake in shares of SPS Commerce during the second quarter valued at about $2,007,000. Finally, Champlain Investment Partners LLC purchased a new stake in shares of SPS Commerce in the third quarter worth about $36,735,000. Hedge funds and other institutional investors own 98.96% of the company’s stock.

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.