Louisiana State Employees Retirement System Invests $930,000 in SPS Commerce, Inc. $SPSC

Louisiana State Employees Retirement System purchased a new stake in shares of SPS Commerce, Inc. (NASDAQ:SPSC) during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 16,700 shares of the software maker’s stock, valued at approximately $930,000.

Other institutional investors also recently modified their holdings of the company. NewEdge Advisors LLC increased its holdings in SPS Commerce by 545.7% in the 1st quarter. NewEdge Advisors LLC now owns 226 shares of the software maker’s stock worth $30,000 after buying an additional 191 shares in the last quarter. Advisory Services Network LLC bought a new position in SPS Commerce during the 3rd quarter valued at about $32,000. Global Retirement Partners LLC lifted its stake in SPS Commerce by 2,130.0% during the 4th quarter. Global Retirement Partners LLC now owns 446 shares of the software maker’s stock valued at $40,000 after acquiring an additional 426 shares during the period. Summit Securities Group LLC purchased a new stake in shares of SPS Commerce during the 4th quarter valued at about $45,000. Finally, Park Place Capital Corp boosted its holdings in shares of SPS Commerce by 29.7% during 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 last quarter. 98.96% of the stock is owned by hedge funds and other institutional investors.

SPS Commerce Stock Performance

SPSC opened at $59.06 on Monday. The stock has a market cap of $2.17 billion, a price-to-earnings ratio of 24.61 and a beta of 0.56. The firm’s fifty day moving average is $55.02 and its 200 day moving average is $66.00. SPS Commerce, Inc. has a fifty-two week low of $49.04 and a fifty-two week high of $143.55.

SPS Commerce (NASDAQ:SPSC) last issued its quarterly earnings results on Thursday, April 30th. The software maker reported $1.10 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.97 by $0.13. SPS Commerce had a return on equity of 12.43% and a net margin of 11.92%.The business had revenue of $192.12 million during the quarter, compared to analyst estimates of $192.50 million. During the same quarter in the prior year, the business posted $1.00 EPS. SPS Commerce’s revenue for the quarter was up 5.8% compared to the same quarter last year. SPS Commerce has set its FY 2026 guidance at 4.730-4.760 EPS and its Q2 2026 guidance at 1.060-1.090 EPS. On average, equities research analysts predict that SPS Commerce, Inc. will post 3.35 earnings per share for the current year.

Insider Activity

In related news, Director Marty M. Reaume sold 1,000 shares of SPS Commerce stock in a transaction that occurred on Tuesday, April 7th. The stock was sold at an average price of $57.90, for a total transaction of $57,900.00. Following the sale, the director owned 9,158 shares of the company’s stock, valued at approximately $530,248.20. This trade represents a 9.84% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.58% of the company’s stock.

Analyst Upgrades and Downgrades

SPSC has been the subject of several research reports. Cantor Fitzgerald set a $60.00 price objective on shares of SPS Commerce and gave the company a “neutral” rating in a report on Friday, May 1st. DA Davidson set a $55.00 target price on shares of SPS Commerce and gave the stock a “neutral” rating in a report on Wednesday. Stifel Nicolaus set a $60.00 target price on shares of SPS Commerce in a research report on Friday, May 1st. Weiss Ratings lowered shares of SPS Commerce from a “sell (d+)” rating to a “sell (d)” rating in a research note on Wednesday, May 13th. Finally, Morgan Stanley set a $70.00 price target on SPS Commerce in a report on Friday, May 1st. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $76.45.

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.