SPS Commerce, Inc. $SPSC Stake Lessened by Assenagon Asset Management S.A.

Assenagon Asset Management S.A. decreased its holdings in shares of SPS Commerce, Inc. (NASDAQ:SPSC) by 23.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 36,987 shares of the software maker’s stock after selling 11,162 shares during the quarter. Assenagon Asset Management S.A. owned 0.10% of SPS Commerce worth $3,297,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently bought and sold shares of the company. NewEdge Advisors LLC grew its stake in SPS Commerce by 545.7% during the 1st quarter. NewEdge Advisors LLC now owns 226 shares of the software maker’s stock valued at $30,000 after acquiring an additional 191 shares in the last quarter. Salomon & Ludwin LLC acquired a new stake in shares of SPS Commerce during the third quarter worth approximately $28,000. Advisory Services Network LLC acquired a new stake in shares of SPS Commerce during the third quarter worth approximately $32,000. Advisors Asset Management Inc. grew its position in SPS Commerce by 39.9% during the first quarter. Advisors Asset Management Inc. now owns 393 shares of the software maker’s stock valued at $52,000 after purchasing an additional 112 shares in the last quarter. Finally, Pilgrim Partners Asia Pte Ltd purchased a new position in SPS Commerce during the third quarter valued at approximately $48,000. 98.96% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at SPS Commerce

In other SPS Commerce news, Director Marty M. Reaume sold 1,732 shares of the firm’s stock in a transaction dated Wednesday, January 7th. The stock was sold at an average price of $92.26, for a total transaction of $159,794.32. Following the transaction, the director directly owned 9,158 shares in the company, valued at $844,917.08. This trade represents a 15.90% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Kimberly K. Nelson sold 6,300 shares of the business’s stock in a transaction dated Friday, February 20th. The stock was 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 directly owned 145,452 shares of the company’s stock, valued at $8,532,214.32. This 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 sold 24,834 shares of company stock valued at $1,527,223. Corporate insiders own 0.98% of the company’s stock.

SPS Commerce Price Performance

NASDAQ SPSC opened at $54.49 on Monday. The stock has a market capitalization of $2.04 billion, a PE ratio of 22.24 and a beta of 0.63. The company has a 50 day moving average price of $68.52 and a two-hundred day moving average price of $85.45. SPS Commerce, Inc. has a 12-month low of $52.56 and a 12-month high of $153.16.

SPS Commerce (NASDAQ:SPSC) last announced its quarterly earnings results on Thursday, February 12th. The software maker reported $1.14 EPS for the quarter, topping the consensus estimate of $1.00 by $0.14. SPS Commerce had a net margin of 12.42% and a return on equity of 12.73%. The company had revenue of $192.65 million for the quarter, compared to analyst estimates of $193.60 million. During the same quarter in the prior year, the business posted $0.89 EPS. SPS Commerce’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 anticipate that SPS Commerce, Inc. will post 2.73 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the stock. Morgan Stanley set a $95.00 target price on shares of SPS Commerce in a research report on Friday, February 13th. Stifel Nicolaus set a $65.00 price target on shares of SPS Commerce and gave the company a “hold” rating in a report on Friday, February 13th. Wall Street Zen raised shares of SPS Commerce from a “hold” rating to a “buy” rating in a research note on Saturday, March 14th. Weiss Ratings reissued a “sell (d+)” rating on shares of SPS Commerce in a research report on Thursday, January 22nd. Finally, DA Davidson lowered their target price on SPS Commerce from $80.00 to $65.00 and set a “neutral” rating on the stock in a research note on Tuesday, February 17th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price 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.