Marty Reaume Sells 1,732 Shares of SPS Commerce (NASDAQ:SPSC) Stock

SPS Commerce, Inc. (NASDAQ:SPSC) Director Marty Reaume sold 1,732 shares of the business’s stock in a transaction dated Wednesday, January 7th. The shares were sold at an average price of $92.26, for a total value of $159,794.32. Following the sale, the director owned 9,158 shares of the company’s stock, valued at approximately $844,917.08. This represents a 15.90% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

SPS Commerce Stock Up 1.3%

Shares of NASDAQ:SPSC opened at $94.49 on Friday. The firm’s 50 day moving average price is $85.67 and its 200-day moving average price is $105.96. The stock has a market capitalization of $3.56 billion, a PE ratio of 42.37 and a beta of 0.58. SPS Commerce, Inc. has a twelve month low of $73.05 and a twelve month high of $197.59.

SPS Commerce (NASDAQ:SPSC) last announced its earnings results on Thursday, October 30th. The software maker reported $1.13 EPS for the quarter, beating analysts’ consensus estimates of $0.99 by $0.14. The business had revenue of $189.90 million during the quarter, compared to analysts’ expectations of $192.68 million. SPS Commerce had a net margin of 11.65% and a return on equity of 12.17%. The firm’s revenue was up 16.0% on a year-over-year basis. During the same period in the prior year, the company earned $0.92 earnings per share. SPS Commerce has set its FY 2025 guidance at 4.100-4.15 EPS and its Q4 2025 guidance at 0.980-1.020 EPS. Analysts expect that SPS Commerce, Inc. will post 2.73 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on SPSC shares. Stifel Nicolaus reiterated a “hold” rating and set a $80.00 target price (down from $150.00) on shares of SPS Commerce in a research report on Friday, October 31st. Northland Capmk raised SPS Commerce from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 31st. Wall Street Zen lowered shares of SPS Commerce from a “buy” rating to a “hold” rating in a report on Saturday. Morgan Stanley set a $100.00 target price on shares of SPS Commerce and gave the stock an “equal weight” rating in a research note on Tuesday, November 11th. Finally, Citigroup dropped their price target on shares of SPS Commerce from $145.00 to $110.00 and set a “buy” rating for the company in a research report on Friday, October 31st. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, SPS Commerce presently has an average rating of “Hold” and a consensus price target of $106.80.

Institutional Investors Weigh In On SPS Commerce

Institutional investors have recently added to or reduced their stakes in the stock. UMB Bank n.a. lifted its holdings in shares of SPS Commerce by 60.6% in the second quarter. UMB Bank n.a. now owns 212 shares of the software maker’s stock worth $29,000 after buying an additional 80 shares in the last quarter. NewEdge Advisors LLC increased its holdings in SPS Commerce by 545.7% in 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 during the last quarter. Salomon & Ludwin LLC purchased a new stake in SPS Commerce in the 3rd quarter worth $28,000. Advisory Services Network LLC bought a new position in shares of SPS Commerce during the 3rd quarter valued at about $32,000. Finally, MassMutual Private Wealth & Trust FSB grew 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 valued at $43,000 after purchasing an additional 92 shares in the last quarter. 98.96% of the stock is owned by hedge funds and other institutional investors.

About SPS Commerce

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.