Counterpoint Mutual Funds LLC Purchases Shares of 91,801 SPS Commerce, Inc. $SPSC

Counterpoint Mutual Funds LLC purchased a new stake in shares of SPS Commerce, Inc. (NASDAQ:SPSC) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 91,801 shares of the software maker’s stock, valued at approximately $5,111,000. SPS Commerce accounts for about 0.8% of Counterpoint Mutual Funds LLC’s investment portfolio, making the stock its 6th biggest position.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Advisors Asset Management Inc. lifted its holdings in SPS Commerce by 39.9% in the 1st 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 last quarter. State of Alaska Department of Revenue boosted its position in shares of SPS Commerce by 0.6% during the 4th quarter. State of Alaska Department of Revenue now owns 20,986 shares of the software maker’s stock valued at $1,870,000 after purchasing an additional 126 shares in the last quarter. Park Place Capital Corp grew its stake in shares of SPS Commerce by 29.7% in the 4th quarter. Park Place Capital Corp now owns 564 shares of the software maker’s stock worth $50,000 after purchasing an additional 129 shares during the last quarter. Evergreen Capital Management LLC grew its stake in shares of SPS Commerce by 7.1% in the 4th quarter. Evergreen Capital Management LLC now owns 2,337 shares of the software maker’s stock worth $208,000 after purchasing an additional 155 shares during the last quarter. Finally, State of Wyoming raised its holdings in shares of SPS Commerce by 10.8% in the 4th quarter. State of Wyoming now owns 1,792 shares of the software maker’s stock worth $160,000 after purchasing an additional 174 shares in the last quarter. Institutional investors own 98.96% of the company’s stock.

Insider Activity

In related news, Director Marty M. Reaume sold 1,000 shares of the company’s stock in a transaction that occurred on Tuesday, April 7th. The shares were sold at an average price of $57.90, for a total value of $57,900.00. Following the completion of the sale, the director owned 9,158 shares in the company, valued at approximately $530,248.20. This represents a 9.84% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.58% of the stock is owned by corporate insiders.

SPS Commerce Stock Performance

Shares of SPSC opened at $59.06 on Friday. The business’s 50-day moving average price is $55.02 and its 200 day moving average price is $66.14. The stock has a market capitalization of $2.17 billion, a P/E ratio of 24.61 and a beta of 0.56. SPS Commerce, Inc. has a 1-year low of $49.04 and a 1-year high of $143.55.

SPS Commerce (NASDAQ:SPSC) last posted its quarterly earnings data on Thursday, April 30th. The software maker reported $1.10 EPS for the quarter, beating analysts’ consensus estimates of $0.97 by $0.13. SPS Commerce had a net margin of 11.92% and a return on equity of 12.43%. The company had revenue of $192.12 million during the quarter, compared to analyst estimates of $192.50 million. During the same period in the prior year, the firm earned $1.00 earnings per share. The business’s quarterly revenue was up 5.8% on a year-over-year basis. SPS Commerce has set its FY 2026 guidance at 4.730-4.760 EPS and its Q2 2026 guidance at 1.060-1.090 EPS. On average, research analysts predict that SPS Commerce, Inc. will post 3.35 earnings per share for the current year.

Analyst Ratings Changes

SPSC has been the subject of several recent research reports. Cantor Fitzgerald set a $60.00 target price on shares of SPS Commerce and gave the company a “neutral” rating in a research note on Friday, May 1st. Weiss Ratings lowered shares of SPS Commerce from a “sell (d+)” rating to a “sell (d)” rating in a research report on Wednesday, May 13th. Needham & Company LLC decreased their price target on shares of SPS Commerce from $110.00 to $75.00 and set a “buy” rating on the stock in a research report on Friday, May 1st. Citigroup dropped their price target on SPS Commerce from $84.00 to $76.00 and set a “buy” rating on the stock in a report on Monday, May 4th. Finally, Morgan Stanley set a $70.00 price objective on SPS Commerce in a research report on Friday, May 1st. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, SPS Commerce presently has an average rating of “Hold” and an average price target of $76.45.

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.