SPS Commerce, Inc. $SPSC Stock Holdings Trimmed by Focus Financial Network Inc.

Focus Financial Network Inc. lowered its holdings in shares of SPS Commerce, Inc. (NASDAQ:SPSC) by 11.7% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,571 shares of the software maker’s stock after selling 475 shares during the period. Focus Financial Network Inc.’s holdings in SPS Commerce were worth $486,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in SPSC. MassMutual Private Wealth & Trust FSB raised its stake in SPS Commerce by 126.3% during the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 224 shares of the software maker’s stock valued at $30,000 after acquiring an additional 125 shares in the last quarter. NewEdge Advisors LLC raised its stake in SPS Commerce by 545.7% during the 1st quarter. NewEdge Advisors LLC now owns 226 shares of the software maker’s stock valued at $30,000 after acquiring an additional 191 shares in the last quarter. Allworth Financial LP raised its stake in SPS Commerce by 296.6% during the 1st quarter. Allworth Financial LP now owns 234 shares of the software maker’s stock valued at $33,000 after acquiring an additional 175 shares in the last quarter. Caitong International Asset Management Co. Ltd raised its stake in SPS Commerce by 105.4% during the 1st quarter. Caitong International Asset Management Co. Ltd now owns 302 shares of the software maker’s stock valued at $40,000 after acquiring an additional 155 shares in the last quarter. Finally, Versant Capital Management Inc raised its stake in SPS Commerce by 4,155.6% during the 1st quarter. Versant Capital Management Inc now owns 383 shares of the software maker’s stock valued at $51,000 after acquiring an additional 374 shares in the last quarter. Institutional investors own 98.96% of the company’s stock.

SPS Commerce Price Performance

Shares of NASDAQ:SPSC opened at $107.19 on Friday. SPS Commerce, Inc. has a fifty-two week low of $102.05 and a fifty-two week high of $201.06. The stock has a market capitalization of $4.06 billion, a P/E ratio of 49.17 and a beta of 0.70. The business has a 50-day moving average of $117.56 and a two-hundred day moving average of $130.04.

SPS Commerce (NASDAQ:SPSC) last posted its quarterly earnings data on Wednesday, July 30th. The software maker reported $1.00 earnings per share for the quarter, topping the consensus estimate of $0.90 by $0.10. SPS Commerce had a return on equity of 12.10% and a net margin of 11.79%.The business had revenue of $187.40 million during the quarter, compared to analysts’ expectations of $185.88 million. During the same quarter in the previous year, the firm earned $0.80 EPS. The firm’s revenue was up 22.0% compared to the same quarter last year. SPS Commerce has set its FY 2025 guidance at 3.990-4.040 EPS. Q3 2025 guidance at 0.960-1.000 EPS. As a group, research analysts expect that SPS Commerce, Inc. will post 2.73 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on SPSC shares. Loop Capital cut SPS Commerce from a “buy” rating to a “hold” rating and lowered their price target for the company from $175.00 to $120.00 in a research report on Thursday, July 31st. Needham & Company LLC lowered their price target on SPS Commerce from $210.00 to $160.00 and set a “buy” rating on the stock in a research report on Thursday, July 31st. Stifel Nicolaus lowered their price target on SPS Commerce from $175.00 to $165.00 and set a “buy” rating on the stock in a research report on Thursday, July 31st. Wall Street Zen upgraded SPS Commerce from a “hold” rating to a “buy” rating in a research report on Saturday. Finally, Morgan Stanley lowered their price target on SPS Commerce from $180.00 to $170.00 and set an “overweight” rating on the stock in a research report on Thursday, July 31st. Five research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, SPS Commerce currently has a consensus rating of “Moderate Buy” and an average target price of $165.80.

SPS Commerce Profile

SPS Commerce, Inc provides cloud-based supply chain management solutions in the United States and internationally. It offers solutions through the SPS Commerce, a cloud-based platform that enhances the way retailers, grocers, suppliers, distributors, and logistics firms manage and fulfill omnichannel orders, optimize sell-through performance, and automate new trading relationships.