SPS Commerce (NASDAQ:SPSC) Rating Lowered to “Neutral” at Rothschild & Co Redburn

SPS Commerce (NASDAQ:SPSC) was downgraded by equities researchers at Rothschild & Co Redburn from a “buy” rating to a “neutral” rating in a research report issued to clients and investors on Thursday, Marketbeat.com reports. They currently have a $60.00 price objective on the software maker’s stock, down from their prior price objective of $100.00. Rothschild & Co Redburn’s price target points to a potential upside of 4.13% from the stock’s current price.

A number of other equities research analysts also recently issued reports on the stock. Craig Hallum downgraded shares of SPS Commerce from a “buy” rating to a “hold” rating and set a $70.00 price target on the stock. in a research note on Friday, February 13th. Morgan Stanley set a $95.00 target price on shares of SPS Commerce in a report on Friday, February 13th. DA Davidson cut their target price on SPS Commerce from $80.00 to $65.00 and set a “neutral” rating on the stock in a research report on Tuesday, February 17th. Cantor Fitzgerald set a $70.00 price target on SPS Commerce in a research note on Friday, February 13th. Finally, Weiss Ratings restated a “sell (d+)” rating on shares of SPS Commerce in a research report on Thursday, January 22nd. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $84.91.

SPS Commerce Stock Up 1.9%

Shares of SPS Commerce stock opened at $57.62 on Thursday. The firm has a market cap of $2.13 billion, a PE ratio of 23.52 and a beta of 0.62. SPS Commerce has a 52 week low of $50.55 and a 52 week high of $153.16. The business’s fifty day simple moving average is $58.79 and its 200-day simple moving average is $80.33.

SPS Commerce (NASDAQ:SPSC) last issued its quarterly earnings data on Thursday, February 12th. The software maker reported $1.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.00 by $0.14. SPS Commerce had a return on equity of 12.73% and a net margin of 12.42%.The firm had revenue of $192.65 million during the quarter, compared to the consensus estimate of $193.60 million. During the same period last year, the company earned $0.89 EPS. The company’s quarterly revenue was up 12.7% on a year-over-year basis. 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, equities analysts expect that SPS Commerce will post 2.73 earnings per share for the current year.

Insider Buying and Selling at SPS Commerce

In other SPS Commerce news, Director Marty M. Reaume sold 1,000 shares of the firm’s stock in a transaction that occurred on Tuesday, April 7th. The shares were sold at an average price of $57.90, for a total value of $57,900.00. Following the completion of the transaction, the director owned 9,158 shares of the company’s stock, valued at $530,248.20. This trade represents a 9.84% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Kimberly K. Nelson sold 6,300 shares of the business’s stock in a transaction on Friday, February 20th. The stock was sold at an average price of $58.66, for a total transaction of $369,558.00. Following the completion of the transaction, the chief financial officer owned 145,452 shares of the company’s stock, valued at approximately $8,532,214.32. This trade represents a 4.15% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 24,102 shares of company stock worth $1,425,328. 0.98% of the stock is currently owned by company insiders.

Institutional Trading of SPS Commerce

Several hedge funds have recently modified their holdings of the stock. UBS Group AG grew its stake in SPS Commerce by 182.3% during the 4th quarter. UBS Group AG now owns 1,295,267 shares of the software maker’s stock worth $115,447,000 after purchasing an additional 836,407 shares in the last quarter. Norges Bank acquired a new stake in SPS Commerce in the 4th quarter valued at about $49,883,000. Van Berkom & Associates Inc. purchased a new position in shares of SPS Commerce in the 3rd quarter valued at about $51,878,000. Irenic Capital Management LP acquired a new position in shares of SPS Commerce during the fourth quarter worth about $40,293,000. Finally, Disciplined Growth Investors Inc. MN grew its position in shares of SPS Commerce by 86.4% during the third quarter. Disciplined Growth Investors Inc. MN now owns 792,472 shares of the software maker’s stock worth $82,528,000 after buying an additional 367,346 shares in the last quarter. 98.96% of the stock is currently owned by institutional investors and hedge funds.

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.