Amundi Acquires 7,975 Shares of SPS Commerce, Inc. $SPSC

Amundi raised its holdings in SPS Commerce, Inc. (NASDAQ:SPSC) by 29.8% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 34,761 shares of the software maker’s stock after purchasing an additional 7,975 shares during the period. Amundi’s holdings in SPS Commerce were worth $1,935,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. California State Teachers Retirement System boosted its holdings in SPS Commerce by 22.4% in the 1st quarter. California State Teachers Retirement System now owns 44,237 shares of the software maker’s stock worth $2,463,000 after buying an additional 8,096 shares during the period. Quantinno Capital Management LP raised its holdings in SPS Commerce by 399.0% during the 1st quarter. Quantinno Capital Management LP now owns 62,260 shares of the software maker’s stock valued at $3,466,000 after acquiring an additional 49,782 shares during the period. Entropy Technologies LP bought a new stake in SPS Commerce during the 1st quarter valued at $277,000. Healthcare of Ontario Pension Plan Trust Fund lifted its position in shares of SPS Commerce by 92.0% during the first quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 217,277 shares of the software maker’s stock worth $12,096,000 after acquiring an additional 104,134 shares in the last quarter. Finally, Renaissance Technologies LLC purchased a new stake in shares of SPS Commerce during the first quarter worth $5,531,000. Institutional investors own 98.96% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on SPSC shares. Cantor Fitzgerald reiterated a “neutral” rating and issued a $70.00 price target (up from $60.00) on shares of SPS Commerce in a research report on Friday, July 31st. DA Davidson set a $65.00 price objective on SPS Commerce in a report on Friday, July 31st. Wall Street Zen cut SPS Commerce from a “buy” rating to a “hold” rating in a report on Saturday, July 18th. Morgan Stanley reaffirmed an “underweight” rating and set a $59.00 price objective (up from $57.00) on shares of SPS Commerce in a research note on Friday, July 31st. Finally, Rothschild & Co Redburn set a $60.00 target price on shares of SPS Commerce and gave the stock a “neutral” rating in a report on Thursday, April 16th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, six have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $74.60.

SPS Commerce Stock Performance

Shares of SPS Commerce stock opened at $73.38 on Friday. SPS Commerce, Inc. has a 52-week low of $49.04 and a 52-week high of $117.37. The stock has a market capitalization of $2.64 billion, a price-to-earnings ratio of 35.45 and a beta of 0.53. The company has a fifty day moving average of $60.86 and a 200-day moving average of $61.70.

SPS Commerce (NASDAQ:SPSC) last issued its earnings results on Thursday, July 30th. The software maker reported $1.27 EPS for the quarter, topping analysts’ consensus estimates of $1.09 by $0.18. The company had revenue of $197.81 million for the quarter, compared to analysts’ expectations of $195.46 million. SPS Commerce had a net margin of 10.10% and a return on equity of 13.04%. The firm’s revenue was up 5.6% compared to the same quarter last year. During the same quarter last year, the company earned $1.00 EPS. SPS Commerce has set its Q3 2026 guidance at 1.200-1.230 EPS and its FY 2026 guidance at 4.840-4.930 EPS. On average, equities research analysts forecast that SPS Commerce, Inc. will post 3.56 earnings per share for the current fiscal year.

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.