SPS Commerce (NASDAQ:SPSC) Rating Increased to Buy at Wall Street Zen

SPS Commerce (NASDAQ:SPSC) was upgraded by investment analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a research report issued on Saturday.

Other equities research analysts have also issued reports about the stock. Cantor Fitzgerald set a $70.00 price target on shares of SPS Commerce in a report on Friday, February 13th. DA Davidson cut their price target on shares of SPS Commerce from $80.00 to $65.00 and set a “neutral” rating on the stock in a report on Tuesday, February 17th. Citigroup restated a “buy” rating and issued a $84.00 price objective (down from $110.00) on shares of SPS Commerce in a research report on Friday, February 13th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of SPS Commerce in a research note on Thursday, January 22nd. Finally, Craig Hallum cut SPS Commerce from a “buy” rating to a “hold” rating and set a $70.00 target price on the stock. in a research note on Friday, February 13th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $87.40.

SPS Commerce Price Performance

SPSC opened at $60.55 on Friday. The stock’s 50 day simple moving average is $75.47 and its 200 day simple moving average is $89.46. The firm has a market cap of $2.26 billion, a price-to-earnings ratio of 24.71 and a beta of 0.62. SPS Commerce has a 1 year low of $52.56 and a 1 year high of $153.16.

SPS Commerce (NASDAQ:SPSC) last announced its quarterly earnings data on Thursday, February 12th. The software maker reported $1.14 earnings per share for the quarter, beating the consensus estimate of $1.00 by $0.14. The firm had revenue of $192.65 million during the quarter, compared to the consensus estimate of $193.60 million. SPS Commerce had a return on equity of 12.73% and a net margin of 12.42%.The business’s revenue was up 12.7% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.89 earnings per share. SPS Commerce has set its FY 2026 guidance at 4.420-4.500 EPS and its Q1 2026 guidance at 0.950-0.990 EPS. As a group, sell-side analysts anticipate that SPS Commerce will post 2.73 EPS for the current year.

Insider Activity at SPS Commerce

In other news, EVP Jamie Thingelstad sold 2,418 shares of SPS Commerce stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $54.94, for a total transaction of $132,844.92. Following the sale, the executive vice president owned 56,344 shares of the company’s stock, valued at approximately $3,095,539.36. The trade was a 4.11% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Chadwick Collins sold 13,384 shares of the business’s stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $58.66, for a total transaction of $785,105.44. Following the transaction, the chief executive officer owned 72,241 shares in the company, valued at $4,237,657.06. This represents a 15.63% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 24,834 shares of company stock worth $1,527,223. 0.98% of the stock is currently owned by insiders.

Institutional Trading of SPS Commerce

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Van Berkom & Associates Inc. bought a new stake in shares of SPS Commerce during the third quarter valued at approximately $51,878,000. Fenimore Asset Management Inc grew its stake in SPS Commerce by 17.8% in the third quarter. Fenimore Asset Management Inc now owns 145,888 shares of the software maker’s stock worth $15,193,000 after purchasing an additional 22,036 shares during the period. Buckhead Capital Management LLC raised its holdings in SPS Commerce by 284.7% in the third quarter. Buckhead Capital Management LLC now owns 35,945 shares of the software maker’s stock worth $3,743,000 after purchasing an additional 26,602 shares in the last quarter. Caxton Associates LLP purchased a new position in SPS Commerce during the second quarter valued at $2,007,000. Finally, Champlain Investment Partners LLC purchased a new position in SPS Commerce during the third quarter valued at $36,735,000. 98.96% of the stock is currently 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.