Public Sector Pension Investment Board Has $15.40 Million Holdings in SPS Commerce, Inc. $SPSC

Public Sector Pension Investment Board grew its position in SPS Commerce, Inc. (NASDAQ:SPSC) by 14.3% in the third quarter, Holdings Channel reports. The fund owned 147,903 shares of the software maker’s stock after acquiring an additional 18,474 shares during the quarter. Public Sector Pension Investment Board’s holdings in SPS Commerce were worth $15,403,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Salomon & Ludwin LLC bought a new position in SPS Commerce in the third quarter valued at about $28,000. NewEdge Advisors LLC increased its stake in shares of 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 period. Pilgrim Partners Asia Pte Ltd bought a new position in SPS Commerce in the 3rd quarter valued at approximately $48,000. Advisors Asset Management Inc. boosted its position in SPS Commerce by 39.9% during the 1st quarter. Advisors Asset Management Inc. now owns 393 shares of the software maker’s stock worth $52,000 after buying an additional 112 shares during the period. Finally, Harel Insurance Investments & Financial Services Ltd. grew its holdings in SPS Commerce by 211.8% during the 2nd quarter. Harel Insurance Investments & Financial Services Ltd. now owns 474 shares of the software maker’s stock worth $65,000 after acquiring an additional 322 shares during the last quarter. Institutional investors own 98.96% of the company’s stock.

SPS Commerce News Summary

Here are the key news stories impacting SPS Commerce this week:

• Positive Sentiment: Q4 EPS beat and solid profitability — SPS reported $1.14 EPS vs. $1.00 consensus and improved net margin/ROE, showing profitable growth that can support valuation. SPS Commerce (SPSC) Q4 Earnings Beat Estimates
• Positive Sentiment: FY 2026 EPS guidance well above street — management set FY EPS at $4.420–4.500 versus ~4.07 consensus, signaling confidence in full‑year profitability and underlying margin leverage. SPSC Q4 2025 Earnings Call Transcript
• Neutral Sentiment: Board refresh — company appointed two independent directors (Michael McConnell and Fumbi Chima), a governance move that may be viewed neutrally to mildly positive over time. SPS Commerce Appoints New Independent Directors to the Board
• Neutral Sentiment: Q1 EPS guidance roughly inline — management gave Q1 EPS guidance of $0.950–0.990 vs. consensus ~0.970, so near‑term earnings expectations are broadly as anticipated. SPSC Q4 2025 Earnings Call Transcript
• Negative Sentiment: Quarterly revenue slightly missed estimates — Q4 revenue was $192.65M vs. $193.6M consensus, and while revenue grew 12.7% YoY this miss pressures top‑line momentum expectations. SPS Commerce Q4 Earnings (MarketBeat)
• Negative Sentiment: Q1 revenue guidance below street — management guided Q1 revenue $191.6M–$193.6M vs. ~$197M consensus, implying near‑term revenue softness that likely weighs on multiple and near‑term growth expectations. SPSC Q4 2025 Earnings Call Transcript
• Negative Sentiment: Insider selling — a director sold 1,000 shares at ~$79.92 recently; small in size but often read negatively by the market when combined with other soft top‑line signals. SPS Commerce Director Marty Reaume Sells 1,000 Shares

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the stock. Wall Street Zen lowered shares of SPS Commerce from a “buy” rating to a “hold” rating in a report on Saturday, January 10th. Stifel Nicolaus set a $65.00 target price on SPS Commerce and gave the stock a “hold” rating in a report on Friday. Craig Hallum lowered SPS Commerce from a “buy” rating to a “hold” rating and set a $70.00 price target on the stock. in a research report on Friday. Citigroup restated a “buy” rating and set a $84.00 price objective (down from $110.00) on shares of SPS Commerce in a research report on Friday. Finally, Morgan Stanley set a $95.00 price objective on SPS Commerce in a research note on Friday. One equities research 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 data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $88.90.

SPS Commerce Price Performance

NASDAQ SPSC opened at $61.92 on Friday. The business has a 50 day simple moving average of $87.34 and a 200 day simple moving average of $96.66. SPS Commerce, Inc. has a one year low of $61.28 and a one year high of $153.16. The stock has a market capitalization of $2.34 billion, a P/E ratio of 25.27 and a beta of 0.56.

SPS Commerce (NASDAQ:SPSC) last issued its quarterly earnings results 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 firm had revenue of $192.65 million for the quarter, compared to analyst estimates of $193.60 million. SPS Commerce had a return on equity of 12.84% and a net margin of 12.42%.The company’s revenue was up 12.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.89 earnings per share. 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. Equities analysts expect that SPS Commerce, Inc. will post 2.73 earnings per share for the current year.

Insider Buying and Selling

In other news, Director Marty M. Reaume sold 1,000 shares of the company’s stock in a transaction dated Monday, February 9th. The shares were sold at an average price of $79.92, for a total transaction of $79,920.00. Following the transaction, the director owned 9,158 shares in the company, valued at approximately $731,907.36. This represents a 9.84% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.98% of the company’s stock.

About SPS Commerce

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.