SPS Commerce, Inc. $SPSC Shares Bought by Numerai GP LLC

Numerai GP LLC lifted its position in SPS Commerce, Inc. (NASDAQ:SPSC) by 529.4% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 59,244 shares of the software maker’s stock after buying an additional 49,831 shares during the period. SPS Commerce makes up 0.9% of Numerai GP LLC’s holdings, making the stock its 17th largest position. Numerai GP LLC owned about 0.16% of SPS Commerce worth $6,170,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Van Berkom & Associates Inc. acquired a new stake in SPS Commerce in the 3rd quarter valued at about $51,878,000. Norges Bank acquired a new position in shares of SPS Commerce in the 2nd quarter worth approximately $57,540,000. UBS Group AG raised its holdings in shares of SPS Commerce by 806.1% in the 3rd quarter. UBS Group AG now owns 458,860 shares of the software maker’s stock worth $47,786,000 after purchasing an additional 408,221 shares in the last quarter. Disciplined Growth Investors Inc. MN lifted its stake in SPS Commerce by 86.4% during the third quarter. Disciplined Growth Investors Inc. MN now owns 792,472 shares of the software maker’s stock valued at $82,528,000 after purchasing an additional 367,346 shares during the last quarter. Finally, Champlain Investment Partners LLC bought a new stake in SPS Commerce during the third quarter worth approximately $36,735,000. Institutional investors own 98.96% of the company’s stock.

Insiders Place Their Bets

In other news, Director Marty M. Reaume sold 1,000 shares of the stock in a transaction that occurred on Monday, February 9th. The shares were sold at an average price of $79.92, for a total value of $79,920.00. Following the completion of the sale, the director directly owned 9,158 shares of the company’s stock, valued at $731,907.36. This represents a 9.84% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Jamie Thingelstad sold 2,418 shares of the firm’s stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $54.94, for a total transaction of $132,844.92. Following the sale, the executive vice president owned 56,344 shares of the company’s stock, valued at approximately $3,095,539.36. This represents a 4.11% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, 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 Stock Performance

SPS Commerce stock opened at $59.45 on Tuesday. The company has a 50 day moving average price of $74.85 and a 200 day moving average price of $88.77. SPS Commerce, Inc. has a 52 week low of $52.56 and a 52 week high of $153.16. The firm has a market capitalization of $2.22 billion, a price-to-earnings ratio of 24.27 and a beta of 0.63.

SPS Commerce (NASDAQ:SPSC) last released its earnings results 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. The company had revenue of $192.65 million during the quarter, compared to analyst estimates of $193.60 million. SPS Commerce had a return on equity of 12.73% and a net margin of 12.42%.The company’s revenue for the quarter was up 12.7% on a year-over-year basis. During the same quarter in the prior year, the company 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 forecast that SPS Commerce, Inc. will post 2.73 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on the company. Morgan Stanley set a $95.00 price target on SPS Commerce in a report on Friday, February 13th. Robert W. Baird set a $86.00 target price on SPS Commerce in a report on Friday, February 13th. Wall Street Zen raised SPS Commerce from a “hold” rating to a “buy” rating in a research report on Saturday. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of SPS Commerce in a report on Thursday, January 22nd. Finally, Cantor Fitzgerald set a $70.00 price target on SPS Commerce in a research report on Friday, February 13th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, SPS Commerce presently has an average rating of “Hold” and an average target price of $87.40.

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.