Mutual of America Capital Management LLC Has $664,000 Stock Holdings in SPS Commerce, Inc. $SPSC

Mutual of America Capital Management LLC lowered its position in shares of SPS Commerce, Inc. (NASDAQ:SPSC) by 11.7% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 4,879 shares of the software maker’s stock after selling 647 shares during the quarter. Mutual of America Capital Management LLC’s holdings in SPS Commerce were worth $664,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of SPSC. UMB Bank n.a. grew its holdings in shares of SPS Commerce by 60.6% in the 2nd quarter. UMB Bank n.a. now owns 212 shares of the software maker’s stock valued at $29,000 after buying an additional 80 shares during the period. NewEdge Advisors LLC lifted its holdings in SPS Commerce by 545.7% during the first quarter. NewEdge Advisors LLC now owns 226 shares of the software maker’s stock worth $30,000 after acquiring an additional 191 shares in the last quarter. Allworth Financial LP grew its stake in SPS Commerce by 296.6% in the first quarter. Allworth Financial LP now owns 234 shares of the software maker’s stock valued at $33,000 after acquiring an additional 175 shares during the period. Caitong International Asset Management Co. Ltd increased its holdings in shares of SPS Commerce by 105.4% in the first quarter. Caitong International Asset Management Co. Ltd now owns 302 shares of the software maker’s stock worth $40,000 after acquiring an additional 155 shares in the last quarter. Finally, MassMutual Private Wealth & Trust FSB raised its position in shares of SPS Commerce by 41.1% during the second quarter. MassMutual Private Wealth & Trust FSB now owns 316 shares of the software maker’s stock worth $43,000 after purchasing an additional 92 shares during the period. Institutional investors own 98.96% of the company’s stock.

Analysts Set New Price Targets

SPSC has been the subject of several research analyst reports. DA Davidson reiterated a “neutral” rating and issued a $125.00 price objective on shares of SPS Commerce in a research report on Thursday, September 25th. Needham & Company LLC reiterated a “buy” rating and issued a $160.00 price target on shares of SPS Commerce in a report on Wednesday, September 24th. Cantor Fitzgerald dropped their price objective on shares of SPS Commerce from $170.00 to $135.00 and set an “overweight” rating on the stock in a report on Wednesday, September 24th. Loop Capital cut shares of SPS Commerce from a “buy” rating to a “hold” rating and cut their price objective for the company from $175.00 to $120.00 in a research report on Thursday, July 31st. Finally, Stifel Nicolaus lowered their target price on SPS Commerce from $175.00 to $165.00 and set a “buy” rating for the company in a report on Thursday, July 31st. Five research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, SPS Commerce presently has an average rating of “Hold” and an average target price of $153.70.

SPS Commerce Stock Performance

Shares of NASDAQ SPSC opened at $111.00 on Tuesday. The stock has a 50 day moving average price of $109.05 and a 200 day moving average price of $126.02. The stock has a market capitalization of $4.21 billion, a PE ratio of 50.92 and a beta of 0.69. SPS Commerce, Inc. has a 52 week low of $102.05 and a 52 week high of $201.06.

SPS Commerce (NASDAQ:SPSC) last announced its quarterly earnings data on Wednesday, July 30th. The software maker reported $1.00 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.90 by $0.10. The company had revenue of $187.40 million for the quarter, compared to analysts’ expectations of $185.88 million. SPS Commerce had a return on equity of 12.10% and a net margin of 11.79%.The business’s revenue was up 22.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.80 EPS. 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 forecast that SPS Commerce, Inc. will post 2.73 EPS for the current year.

About SPS Commerce

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.