Fort Washington Investment Advisors Inc. OH decreased its position in SPS Commerce, Inc. (NASDAQ:SPSC – Free Report) by 4.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 226,016 shares of the software maker’s stock after selling 10,870 shares during the period. Fort Washington Investment Advisors Inc. OH owned 0.60% of SPS Commerce worth $20,145,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also made changes to their positions in SPSC. Van Berkom & Associates Inc. acquired a new position in SPS Commerce in the third quarter valued at approximately $51,878,000. Norges Bank purchased a new stake in SPS Commerce in the second quarter valued at $57,540,000. UBS Group AG lifted its stake in shares of SPS Commerce by 806.1% in the 3rd quarter. UBS Group AG now owns 458,860 shares of the software maker’s stock valued at $47,786,000 after purchasing an additional 408,221 shares during the last quarter. Disciplined Growth Investors Inc. MN lifted its stake in shares of SPS Commerce by 86.4% in 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 purchasing an additional 367,346 shares during the last quarter. Finally, Champlain Investment Partners LLC purchased a new position in shares of SPS Commerce during the 3rd quarter worth $36,735,000. Institutional investors and hedge funds own 98.96% of the company’s stock.
Wall Street Analysts Forecast Growth
SPSC has been the topic of several research analyst reports. Morgan Stanley set a $95.00 price objective on shares of SPS Commerce in a report on Friday, February 13th. Cantor Fitzgerald set a $70.00 target price on shares of SPS Commerce in a research note on Friday, February 13th. DA Davidson dropped their price target on shares of SPS Commerce from $80.00 to $65.00 and set a “neutral” rating for the company in a research report on Tuesday, February 17th. Robert W. Baird set a $86.00 price objective on shares of SPS Commerce in a report on Friday, February 13th. Finally, Stifel Nicolaus set a $65.00 price objective on shares of SPS Commerce and gave the stock a “hold” rating in a research report on Friday, February 13th. One 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 stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $87.40.
SPS Commerce Trading Down 1.1%
SPS Commerce stock opened at $54.49 on Friday. The company has a fifty day simple moving average of $68.52 and a 200-day simple moving average of $85.80. The stock has a market cap of $2.04 billion, a P/E ratio of 22.24 and a beta of 0.62. SPS Commerce, Inc. has a 12-month low of $52.56 and a 12-month high of $153.16.
SPS Commerce (NASDAQ:SPSC – Get Free Report) last posted its earnings results on Thursday, February 12th. The software maker reported $1.14 EPS for the quarter, beating the consensus estimate of $1.00 by $0.14. The firm had revenue of $192.65 million for the quarter, compared to analyst estimates of $193.60 million. SPS Commerce had a return on equity of 12.73% and a net margin of 12.42%.SPS Commerce’s revenue for the quarter was up 12.7% compared to the same quarter last year. During the same quarter in the prior 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 forecast that SPS Commerce, Inc. will post 2.73 earnings per share for the current fiscal year.
Insiders Place Their Bets
In other news, CEO Chadwick Collins sold 13,384 shares of the firm’s stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $58.66, for a total transaction of $785,105.44. Following the sale, the chief executive officer owned 72,241 shares of the company’s stock, valued at approximately $4,237,657.06. This trade represents a 15.63% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Marty M. Reaume sold 1,732 shares of the business’s stock in a transaction that occurred on Wednesday, January 7th. The stock was 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. The trade was a 15.90% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 24,834 shares of company stock worth $1,527,223. Insiders own 0.98% of the company’s stock.
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.
Featured Articles
Want to see what other hedge funds are holding SPSC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPS Commerce, Inc. (NASDAQ:SPSC – Free Report).
Receive News & Ratings for SPS Commerce Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPS Commerce and related companies with MarketBeat.com's FREE daily email newsletter.
