SPS Commerce, Inc. $SPSC Shares Sold by Nordea Investment Management AB

Nordea Investment Management AB trimmed its stake in SPS Commerce, Inc. (NASDAQ:SPSC) by 5.8% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 1,216,642 shares of the software maker’s stock after selling 75,414 shares during the quarter. Nordea Investment Management AB owned approximately 3.23% of SPS Commerce worth $108,792,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Salomon & Ludwin LLC bought a new position in shares of SPS Commerce during the third quarter worth about $28,000. NewEdge Advisors LLC lifted its position in SPS Commerce by 545.7% in the 1st quarter. NewEdge Advisors LLC now owns 226 shares of the software maker’s stock valued at $30,000 after purchasing an additional 191 shares during the last quarter. Advisory Services Network LLC acquired a new position in SPS Commerce during the 3rd quarter valued at about $32,000. Pilgrim Partners Asia Pte Ltd acquired a new position in SPS Commerce during the 3rd quarter valued at about $48,000. Finally, Advisors Asset Management Inc. grew its position in SPS Commerce by 39.9% in the 1st quarter. Advisors Asset Management Inc. now owns 393 shares of the software maker’s stock worth $52,000 after purchasing an additional 112 shares during the last quarter. Institutional investors and hedge funds own 98.96% of the company’s stock.

Insider Buying and Selling at SPS Commerce

In related news, EVP Jamie Thingelstad sold 2,418 shares of the firm’s stock in a transaction that occurred 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 sale, the executive vice president directly owned 56,344 shares in the company, valued at approximately $3,095,539.36. This trade represents a 4.11% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Chadwick Collins sold 13,384 shares of SPS Commerce stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $58.66, for a total transaction of $785,105.44. Following the completion of the transaction, the chief executive officer owned 72,241 shares in the company, valued at approximately $4,237,657.06. This trade represents a 15.63% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 24,834 shares of company stock valued at $1,527,223 in the last ninety days. Company insiders own 0.98% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have commented on the stock. Citigroup restated a “buy” rating and issued a $84.00 price target (down from $110.00) on shares of SPS Commerce in a research note on Friday, February 13th. DA Davidson reduced 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. Cantor Fitzgerald set a $70.00 price objective on SPS Commerce in a report on Friday, February 13th. Morgan Stanley set a $95.00 target price on SPS Commerce in a research report on Friday, February 13th. Finally, Stifel Nicolaus set a $65.00 target price on SPS Commerce and gave the company a “hold” rating in a research note on Friday, February 13th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of $87.40.

SPS Commerce Stock Performance

Shares of NASDAQ SPSC opened at $57.95 on Monday. The stock has a fifty day moving average price of $72.14 and a two-hundred day moving average price of $87.37. The firm has a market cap of $2.17 billion, a P/E ratio of 23.65 and a beta of 0.63. 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 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. SPS Commerce had a return on equity of 12.73% and a net margin of 12.42%.The business had revenue of $192.65 million during the quarter, compared to analyst estimates of $193.60 million. During the same quarter in the prior year, the firm posted $0.89 earnings per share. The company’s 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. On average, research analysts predict that SPS Commerce, Inc. will post 2.73 earnings per share for the current fiscal year.

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.