Quantbot Technologies LP Has $5.60 Million Position in SPS Commerce, Inc. $SPSC

Quantbot Technologies LP grew its holdings in SPS Commerce, Inc. (NASDAQ:SPSC) by 105.4% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 53,728 shares of the software maker’s stock after purchasing an additional 27,574 shares during the period. Quantbot Technologies LP owned approximately 0.14% of SPS Commerce worth $5,595,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Vanguard Group Inc. raised its position in SPS Commerce by 5.3% during the third quarter. Vanguard Group Inc. now owns 4,944,449 shares of the software maker’s stock valued at $514,915,000 after buying an additional 249,351 shares during the period. Conestoga Capital Advisors LLC increased its holdings in shares of SPS Commerce by 2.5% in the 3rd quarter. Conestoga Capital Advisors LLC now owns 1,281,511 shares of the software maker’s stock valued at $133,457,000 after purchasing an additional 30,769 shares during the period. Geode Capital Management LLC increased its holdings in shares of SPS Commerce by 1.2% in the 2nd quarter. Geode Capital Management LLC now owns 975,890 shares of the software maker’s stock valued at $132,824,000 after purchasing an additional 12,046 shares during the period. Geneva Capital Management LLC lifted its position in shares of SPS Commerce by 7.5% in the second quarter. Geneva Capital Management LLC now owns 619,031 shares of the software maker’s stock worth $84,244,000 after purchasing an additional 43,330 shares in the last quarter. Finally, Van Berkom & Associates Inc. acquired a new stake in shares of SPS Commerce during the third quarter worth approximately $51,878,000. Hedge funds and other institutional investors own 98.96% of the company’s stock.

Analyst Ratings Changes

Several research analysts have weighed in on the stock. Weiss Ratings reiterated a “sell (d+)” rating on shares of SPS Commerce in a research note on Thursday, January 22nd. DA Davidson decreased their target price on shares of SPS Commerce from $80.00 to $65.00 and set a “neutral” rating for the company in a research note on Tuesday, February 17th. Morgan Stanley set a $95.00 price target on shares of SPS Commerce in a report on Friday, February 13th. Citigroup reiterated a “buy” rating and set a $84.00 price objective (down from $110.00) on shares of SPS Commerce in a report on Friday, February 13th. Finally, Robert W. Baird set a $86.00 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 given a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, SPS Commerce has a consensus rating of “Hold” and a consensus target price of $87.40.

Insider Buying and Selling

In other news, 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 value of $785,105.44. Following the transaction, the chief executive officer owned 72,241 shares of the company’s stock, valued at $4,237,657.06. This trade represents a 15.63% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Kimberly K. Nelson sold 6,300 shares of the company’s stock in a transaction on Friday, February 20th. The stock was sold at an average price of $58.66, for a total transaction of $369,558.00. Following the sale, 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 ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 24,834 shares of company stock worth $1,527,223. 0.98% of the stock is currently owned by company insiders.

SPS Commerce Price Performance

SPS Commerce stock opened at $56.51 on Friday. SPS Commerce, Inc. has a one year low of $52.56 and a one year high of $153.16. The company’s fifty day moving average price is $81.32 and its two-hundred day moving average price is $92.92. The company has a market capitalization of $2.11 billion, a price-to-earnings ratio of 23.07 and a beta of 0.56.

SPS Commerce (NASDAQ:SPSC) last released its quarterly earnings results on Thursday, February 12th. The software maker reported $1.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.00 by $0.14. SPS Commerce had a return on equity of 12.73% and a net margin of 12.42%.The company had revenue of $192.65 million during the quarter, compared to the consensus estimate of $193.60 million. During the same quarter in the prior year, the company posted $0.89 EPS. The firm’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. As a group, sell-side analysts anticipate that SPS Commerce, Inc. will post 2.73 earnings per share for the current year.

SPS Commerce 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.