SPS Commerce, Inc. $SPSC Shares Sold by Fisher Asset Management LLC

Fisher Asset Management LLC reduced its position in SPS Commerce, Inc. (NASDAQ:SPSC) by 81.1% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 40,100 shares of the software maker’s stock after selling 172,075 shares during the quarter. Fisher Asset Management LLC owned about 0.11% of SPS Commerce worth $4,176,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Salomon & Ludwin LLC acquired a new stake in shares of SPS Commerce in the 3rd quarter worth $28,000. NewEdge Advisors LLC raised its stake in SPS Commerce by 545.7% in the first quarter. NewEdge Advisors LLC now owns 226 shares of the software maker’s stock valued at $30,000 after buying an additional 191 shares during the last quarter. Pilgrim Partners Asia Pte Ltd acquired a new stake in SPS Commerce in the third quarter worth about $48,000. Advisors Asset Management Inc. grew its stake in shares of SPS Commerce by 39.9% during the first quarter. Advisors Asset Management Inc. now owns 393 shares of the software maker’s stock worth $52,000 after acquiring an additional 112 shares during the last quarter. Finally, Harbor Investment Advisory LLC increased its holdings in shares of SPS Commerce by 51.6% during the third quarter. Harbor Investment Advisory LLC now owns 831 shares of the software maker’s stock valued at $87,000 after acquiring an additional 283 shares in the last quarter. Hedge funds and other institutional investors own 98.96% of the company’s stock.

Insider Buying and Selling

In other news, CFO Kimberly K. Nelson sold 6,300 shares of the firm’s stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $58.66, for a total transaction of $369,558.00. Following the sale, the chief financial officer owned 145,452 shares of the company’s stock, valued at $8,532,214.32. This trade represents a 4.15% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Jamie Thingelstad sold 2,418 shares of the business’s stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $54.94, for a total transaction of $132,844.92. Following the completion of the transaction, the executive vice president owned 56,344 shares of the company’s stock, valued at approximately $3,095,539.36. This represents a 4.11% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 24,834 shares of company stock valued at $1,527,223 in the last ninety days. Insiders own 0.98% of the company’s stock.

SPS Commerce Price Performance

Shares of SPS Commerce stock opened at $64.06 on Friday. The stock has a market cap of $2.40 billion, a PE ratio of 26.15 and a beta of 0.62. The firm has a fifty day moving average price of $78.86 and a 200 day moving average price of $91.61. 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 quarterly earnings results on Thursday, February 12th. The software maker reported $1.14 earnings per share for the quarter, topping the consensus estimate of $1.00 by $0.14. The company had revenue of $192.65 million for 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 firm’s revenue for the quarter was up 12.7% compared to the same quarter last year. During the same period last year, the firm 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. As a group, equities analysts expect that SPS Commerce, Inc. will post 2.73 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on SPSC. Stifel Nicolaus set a $65.00 target price on shares of SPS Commerce and gave the stock a “hold” rating in a research note on Friday, February 13th. DA Davidson lowered their price objective on shares of SPS Commerce from $80.00 to $65.00 and set a “neutral” rating for the company in a research note on Tuesday, February 17th. Wall Street Zen lowered shares of SPS Commerce from a “buy” rating to a “hold” rating in a report on Saturday, January 10th. Cantor Fitzgerald set a $70.00 target price on SPS Commerce in a research note on Friday, February 13th. Finally, Robert W. Baird set a $86.00 price target on SPS Commerce in a research report on Friday, February 13th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $87.40.

SPS Commerce 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.