Allspring Global Investments Holdings LLC Has $9.31 Million Stake in SPS Commerce, Inc. $SPSC

Allspring Global Investments Holdings LLC boosted its position in SPS Commerce, Inc. (NASDAQ:SPSC) by 13.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 105,950 shares of the software maker’s stock after purchasing an additional 12,506 shares during the period. Allspring Global Investments Holdings LLC owned 0.28% of SPS Commerce worth $9,314,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Advisors Asset Management Inc. raised its holdings in SPS Commerce by 39.9% in the 1st quarter. Advisors Asset Management Inc. now owns 393 shares of the software maker’s stock valued at $52,000 after buying an additional 112 shares during the last quarter. Benjamin Edwards Inc. grew its holdings in SPS Commerce by 4.0% during the 3rd quarter. Benjamin Edwards Inc. now owns 3,087 shares of the software maker’s stock worth $321,000 after acquiring an additional 120 shares during the last quarter. Park Place Capital Corp grew its holdings in SPS Commerce by 29.7% during the 4th quarter. Park Place Capital Corp now owns 564 shares of the software maker’s stock worth $50,000 after acquiring an additional 129 shares during the last quarter. Arizona State Retirement System raised its stake in shares of SPS Commerce by 1.3% during the third quarter. Arizona State Retirement System now owns 11,226 shares of the software maker’s stock valued at $1,169,000 after acquiring an additional 140 shares during the last quarter. Finally, Inspire Advisors LLC raised its stake in shares of SPS Commerce by 3.2% during the third quarter. Inspire Advisors LLC now owns 4,795 shares of the software maker’s stock valued at $499,000 after acquiring an additional 149 shares during the last quarter. 98.96% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, EVP Jamie Thingelstad sold 2,418 shares of SPS Commerce stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $54.94, for a total value of $132,844.92. Following the completion of the sale, the executive vice president owned 56,344 shares in the company, valued at $3,095,539.36. The trade was a 4.11% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Chadwick Collins sold 13,384 shares of the business’s stock in a transaction on 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. The trade was a 15.63% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 24,834 shares of company stock valued at $1,527,223 over the last 90 days. 0.98% of the stock is currently owned by corporate insiders.

SPS Commerce Stock Performance

SPSC stock opened at $56.08 on Monday. The firm has a market cap of $2.10 billion, a PE ratio of 22.89 and a beta of 0.62. The stock has a 50-day moving average price of $65.04 and a 200-day moving average price of $83.62. SPS Commerce, Inc. has a 1-year low of $52.56 and a 1-year high of $153.16.

SPS Commerce (NASDAQ:SPSC) last announced 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 company 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%.The firm’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 earned $0.89 EPS. 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. On average, analysts forecast that SPS Commerce, Inc. will post 2.73 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on SPSC shares. Cantor Fitzgerald set a $70.00 price objective on SPS Commerce in a report on Friday, February 13th. Citigroup reaffirmed a “buy” rating and set a $84.00 target price (down from $110.00) on shares of SPS Commerce in a report on Friday, February 13th. Robert W. Baird set a $86.00 price target on SPS Commerce in a research report on Friday, February 13th. Morgan Stanley set a $95.00 price target on SPS Commerce in a research note on Friday, February 13th. Finally, DA Davidson lowered their price objective on SPS Commerce from $80.00 to $65.00 and set a “neutral” rating for the company in a research report on Tuesday, February 17th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $87.40.

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.