Congress Asset Management Co. Grows Position in SPS Commerce, Inc. $SPSC

Congress Asset Management Co. boosted its position in shares of SPS Commerce, Inc. (NASDAQ:SPSC) by 5.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 168,863 shares of the software maker’s stock after buying an additional 9,062 shares during the period. Congress Asset Management Co. owned 0.45% of SPS Commerce worth $15,051,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Advisors Asset Management Inc. boosted its holdings in shares of SPS Commerce by 39.9% in the first quarter. Advisors Asset Management Inc. now owns 393 shares of the software maker’s stock valued at $52,000 after acquiring an additional 112 shares during the period. Benjamin Edwards Inc. increased its holdings in shares of SPS Commerce by 4.0% in the 3rd quarter. Benjamin Edwards Inc. now owns 3,087 shares of the software maker’s stock valued at $321,000 after acquiring an additional 120 shares during the period. Park Place Capital Corp increased its holdings in shares of SPS Commerce by 29.7% in the 4th quarter. Park Place Capital Corp now owns 564 shares of the software maker’s stock valued at $50,000 after acquiring an additional 129 shares during the period. Arizona State Retirement System raised its position in SPS Commerce by 1.3% in the 3rd quarter. Arizona State Retirement System now owns 11,226 shares of the software maker’s stock valued at $1,169,000 after purchasing an additional 140 shares during the last quarter. Finally, Inspire Advisors LLC raised its position in SPS Commerce by 3.2% in the 3rd quarter. Inspire Advisors LLC now owns 4,795 shares of the software maker’s stock valued at $499,000 after purchasing an additional 149 shares during the last quarter. Hedge funds and other institutional investors own 98.96% of the company’s stock.

SPS Commerce Price Performance

Shares of NASDAQ SPSC opened at $56.30 on Wednesday. The stock has a fifty day moving average price of $70.68 and a 200 day moving average price of $86.63. SPS Commerce, Inc. has a 1-year low of $52.56 and a 1-year high of $153.16. The company has a market cap of $2.11 billion, a PE ratio of 22.98 and a beta of 0.62.

SPS Commerce (NASDAQ:SPSC) last announced its quarterly earnings data on Thursday, February 12th. The software maker reported $1.14 earnings per share (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 analysts’ expectations of $193.60 million. SPS Commerce had a net margin of 12.42% and a return on equity of 12.73%. SPS Commerce’s revenue was up 12.7% compared to the same quarter last year. During the same period in the previous year, the company posted $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. Analysts anticipate that SPS Commerce, Inc. will post 2.73 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

SPSC has been the subject of a number of recent research reports. Morgan Stanley set a $95.00 price target on shares of SPS Commerce in a research note on Friday, February 13th. Stifel Nicolaus set a $65.00 target price on shares of SPS Commerce and gave the company a “hold” rating in a report on Friday, February 13th. Craig Hallum cut shares of SPS Commerce from a “buy” rating to a “hold” rating and set a $70.00 target price for the company. in a report on Friday, February 13th. Weiss Ratings reiterated a “sell (d+)” rating on shares of SPS Commerce in a research note on Thursday, January 22nd. Finally, Cantor Fitzgerald set a $70.00 price target on SPS Commerce in a report on Friday, February 13th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, SPS Commerce presently has a consensus rating of “Hold” and a consensus target price of $87.40.

Insider Activity

In related news, CFO Kimberly K. Nelson sold 6,300 shares of the firm’s stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $58.66, for a total value of $369,558.00. Following the completion of the sale, the chief financial officer owned 145,452 shares in the company, valued at $8,532,214.32. This trade represents a 4.15% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Chadwick Collins sold 13,384 shares of SPS Commerce stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $58.66, for a total value of $785,105.44. Following the completion of the sale, the chief executive officer directly owned 72,241 shares in the company, valued at $4,237,657.06. This represents a 15.63% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 24,834 shares of company stock valued at $1,527,223. 0.98% of the stock is owned by insiders.

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.