Quantbot Technologies LP Has $5.60 Million Stock Holdings in SPS Commerce, Inc. $SPSC

Quantbot Technologies LP boosted its holdings in shares of SPS Commerce, Inc. (NASDAQ:SPSC) by 105.4% in the 3rd quarter, Holdings Channel.com reports. The firm owned 53,728 shares of the software maker’s stock after purchasing an additional 27,574 shares during the quarter. Quantbot Technologies LP’s holdings in SPS Commerce were worth $5,595,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SPSC. Bank of Montreal Can grew its stake in shares of SPS Commerce by 95.6% in the second quarter. Bank of Montreal Can now owns 24,403 shares of the software maker’s stock worth $3,321,000 after acquiring an additional 11,927 shares during the last quarter. Van Berkom & Associates Inc. bought a new stake in SPS Commerce in the 3rd quarter valued at $51,878,000. Fenimore Asset Management Inc boosted its holdings in SPS Commerce by 17.8% in the 3rd quarter. Fenimore Asset Management Inc now owns 145,888 shares of the software maker’s stock valued at $15,193,000 after purchasing an additional 22,036 shares during the period. Buckhead Capital Management LLC grew its position in SPS Commerce by 284.7% in the 3rd quarter. Buckhead Capital Management LLC now owns 35,945 shares of the software maker’s stock worth $3,743,000 after purchasing an additional 26,602 shares during the last quarter. Finally, Caxton Associates LLP bought a new position in shares of SPS Commerce during the 2nd quarter worth about $2,007,000. Institutional investors and hedge funds own 98.96% of the company’s stock.

SPS Commerce Price Performance

Shares of SPSC stock opened at $56.51 on Friday. The stock’s fifty day simple moving average is $81.32 and its 200 day simple moving average is $92.92. SPS Commerce, Inc. has a one year low of $52.56 and a one year high of $153.16. The firm has a market cap of $2.11 billion, a price-to-earnings ratio of 23.07 and a beta of 0.56.

SPS Commerce (NASDAQ:SPSC) last issued its quarterly earnings data on Thursday, February 12th. The software maker reported $1.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.00 by $0.14. SPS Commerce had a return on equity of 12.73% and a net margin of 12.42%.The company had revenue of $192.65 million during the quarter, compared to analysts’ expectations of $193.60 million. During the same period last year, the business earned $0.89 earnings per share. The business’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 anticipate that SPS Commerce, Inc. will post 2.73 earnings per share for the current year.

Insider Activity

In other news, 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 transaction, the chief executive officer owned 72,241 shares in the company, valued at approximately $4,237,657.06. The trade was a 15.63% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Marty M. Reaume sold 1,732 shares of the business’s stock in a transaction that occurred on Wednesday, January 7th. The stock was sold at an average price of $92.26, for a total value of $159,794.32. Following the completion of the transaction, the director directly owned 9,158 shares in the company, valued at $844,917.08. The trade was a 15.90% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 24,834 shares of company stock valued at $1,527,223 in the last ninety days. 0.98% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of research analysts have recently commented on the stock. Robert W. Baird set a $86.00 price objective on shares of SPS Commerce in a research report on Friday, February 13th. Wall Street Zen lowered SPS Commerce from a “buy” rating to a “hold” rating in a research note on Saturday, January 10th. Citigroup reiterated a “buy” rating and issued a $84.00 price objective (down from $110.00) on shares of SPS Commerce in a research report on Friday, February 13th. Morgan Stanley set a $95.00 price objective on SPS Commerce in a report on Friday, February 13th. Finally, DA Davidson lowered their price objective on SPS Commerce from $80.00 to $65.00 and set a “neutral” rating on the stock in a research report on Tuesday, February 17th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company 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.