SPS Commerce (NASDAQ:SPSC) CFO Sells 6,300 Shares

SPS Commerce, Inc. (NASDAQ:SPSC) CFO Kimberly Nelson sold 6,300 shares of SPS Commerce stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $58.66, for a total value of $369,558.00. Following the completion of the transaction, the chief financial officer directly owned 145,452 shares of the company’s stock, valued at approximately $8,532,214.32. This represents a 4.15% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

SPS Commerce Trading Down 0.1%

NASDAQ:SPSC traded down $0.05 on Tuesday, reaching $54.17. 1,262,008 shares of the stock traded hands, compared to its average volume of 789,984. The company has a market capitalization of $2.03 billion, a price-to-earnings ratio of 22.11 and a beta of 0.56. SPS Commerce, Inc. has a 12 month low of $53.72 and a 12 month high of $153.16. The company’s fifty day simple moving average is $84.08 and its 200 day simple moving average is $94.26.

SPS Commerce (NASDAQ:SPSC) last posted its quarterly 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 net margin of 12.42% and a return on equity of 12.73%. The firm had revenue of $192.65 million for the quarter, compared to analysts’ expectations of $193.60 million. During the same quarter in the prior year, the company posted $0.89 earnings per share. The business’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. Equities analysts anticipate that SPS Commerce, Inc. will post 2.73 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on SPSC shares. Citigroup reaffirmed a “buy” rating and set a $84.00 price objective (down from $110.00) on shares of SPS Commerce in a research report on Friday, February 13th. Northland Securities set a $109.00 price target on shares of SPS Commerce in a research report on Friday, October 31st. DA Davidson decreased their price objective on shares of SPS Commerce from $80.00 to $65.00 and set a “neutral” rating on the stock in a research report on Tuesday, February 17th. Needham & Company LLC restated a “buy” rating and set a $110.00 target price (down from $160.00) on shares of SPS Commerce in a research note on Friday, October 31st. Finally, Cantor Fitzgerald set a $70.00 price objective on SPS Commerce in a research report 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 issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $87.40.

Institutional Trading of SPS Commerce

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

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.