Glenmede Trust Co. NA Increases Position in SPS Commerce, Inc. $SPSC

Glenmede Trust Co. NA increased its holdings in SPS Commerce, Inc. (NASDAQ:SPSC) by 31.5% during the 1st quarter, HoldingsChannel reports. The fund owned 169,223 shares of the software maker’s stock after acquiring an additional 40,547 shares during the quarter. Glenmede Trust Co. NA’s holdings in SPS Commerce were worth $9,421,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. UBS Group AG raised its position in shares of SPS Commerce by 182.3% in the 4th quarter. UBS Group AG now owns 1,295,267 shares of the software maker’s stock valued at $115,447,000 after purchasing an additional 836,407 shares in the last quarter. Norges Bank bought a new stake in shares of SPS Commerce in the fourth quarter worth $49,883,000. Irenic Capital Management LP acquired a new stake in SPS Commerce in the fourth quarter valued at $40,293,000. Walleye Capital LLC raised its holdings in SPS Commerce by 1,749.1% in the first quarter. Walleye Capital LLC now owns 457,635 shares of the software maker’s stock valued at $25,477,000 after acquiring an additional 432,886 shares in the last quarter. Finally, Disciplined Growth Investors Inc. MN boosted its stake in SPS Commerce by 86.4% during the 3rd quarter. Disciplined Growth Investors Inc. MN now owns 792,472 shares of the software maker’s stock valued at $82,528,000 after acquiring an additional 367,346 shares during the last quarter. Institutional investors and hedge funds own 98.96% of the company’s stock.

SPS Commerce Price Performance

Shares of SPSC opened at $75.54 on Tuesday. SPS Commerce, Inc. has a 12 month low of $49.04 and a 12 month high of $117.37. The stock has a fifty day moving average price of $59.36 and a 200 day moving average price of $62.00. The company has a market cap of $2.77 billion, a P/E ratio of 36.49 and a beta of 0.53.

SPS Commerce (NASDAQ:SPSC) last posted its earnings results on Thursday, July 30th. The software maker reported $1.27 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.09 by $0.18. SPS Commerce had a return on equity of 13.04% and a net margin of 10.10%.The company had revenue of $197.81 million for the quarter, compared to analysts’ expectations of $195.46 million. During the same period last year, the business posted $1.00 earnings per share. The firm’s quarterly revenue was up 5.6% compared to the same quarter last year. SPS Commerce has set its Q3 2026 guidance at 1.200-1.230 EPS and its FY 2026 guidance at 4.840-4.930 EPS. As a group, research analysts anticipate that SPS Commerce, Inc. will post 3.46 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the stock. Weiss Ratings downgraded shares of SPS Commerce from a “sell (d+)” rating to a “sell (d)” rating in a research report on Thursday, July 23rd. Zacks Research raised shares of SPS Commerce from a “strong sell” rating to a “hold” rating in a research report on Monday, July 20th. Wall Street Zen lowered SPS Commerce from a “buy” rating to a “hold” rating in a report on Saturday, July 18th. Cantor Fitzgerald reaffirmed a “neutral” rating and set a $70.00 target price (up from $60.00) on shares of SPS Commerce in a report on Friday. Finally, Morgan Stanley reiterated an “underweight” rating and issued a $59.00 price target (up from $57.00) on shares of SPS Commerce in a report on Friday. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $74.60.

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.