SPS Commerce (NASDAQ:SPSC) Shares Cross Above Two Hundred Day Moving Average – Should You Sell?

SPS Commerce, Inc. (NASDAQ:SPSC)’s stock price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $60.62 and traded as high as $82.50. SPS Commerce shares last traded at $81.35, with a volume of 398,172 shares trading hands.

Analyst Ratings Changes

Several research analysts have recently commented on SPSC shares. Weiss Ratings raised shares of SPS Commerce from a “sell (d)” rating to a “sell (d+)” rating in a research note on Thursday, August 6th. Zacks Research upgraded SPS Commerce from a “strong sell” rating to a “hold” rating in a research note on Monday, July 20th. Stifel Nicolaus set a $70.00 price objective on shares of SPS Commerce and gave the stock a “hold” rating in a report on Friday, July 31st. Citigroup restated a “buy” rating and issued a $82.00 target price (up from $76.00) on shares of SPS Commerce in a report on Tuesday, July 21st. Finally, Wall Street Zen lowered shares of SPS Commerce from a “buy” rating to a “hold” rating in a research note on Saturday, July 18th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $77.10.

SPS Commerce Price Performance

The company has a market capitalization of $2.89 billion, a price-to-earnings ratio of 38.82 and a beta of 0.53. The business’s 50 day simple moving average is $66.28 and its 200 day simple moving average is $60.61.

SPS Commerce (NASDAQ:SPSC) last released its quarterly earnings results on Thursday, July 30th. The software maker reported $1.27 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.09 by $0.18. SPS Commerce had a return on equity of 13.04% and a net margin of 10.10%.The firm had revenue of $197.81 million for the quarter, compared to analyst estimates of $195.46 million. During the same quarter last year, the company posted $1.00 earnings per share. The business’s revenue was up 5.6% on a year-over-year basis. 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. As a group, analysts expect that SPS Commerce, Inc. will post 3.56 EPS for the current fiscal year.

Institutional Trading of SPS Commerce

Several hedge funds and other institutional investors have recently made changes to their positions in SPSC. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in SPS Commerce during the second quarter worth about $909,000. California State Teachers Retirement System boosted its stake in shares of SPS Commerce by 6,817.1% during the 2nd quarter. California State Teachers Retirement System now owns 3,059,910 shares of the software maker’s stock worth $174,935,000 after acquiring an additional 3,015,673 shares in the last quarter. VELA Investment Management LLC grew its holdings in shares of SPS Commerce by 3.0% in the 2nd quarter. VELA Investment Management LLC now owns 27,452 shares of the software maker’s stock worth $1,569,000 after acquiring an additional 800 shares during the period. AXQ Capital LP acquired a new stake in shares of SPS Commerce in the 2nd quarter worth approximately $590,000. Finally, Ewing Morris & Co. Investment Partners Ltd. purchased a new position in SPS Commerce in the 2nd quarter valued at approximately $2,015,000. Institutional investors and hedge funds own 98.96% 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.