SPS Commerce (NASDAQ:SPSC) Director Marty Reaume Sells 1,732 Shares

SPS Commerce, Inc. (NASDAQ:SPSC) Director Marty Reaume sold 1,732 shares of the company’s stock in a transaction dated Wednesday, January 7th. The stock was sold at an average price of $92.26, for a total transaction of $159,794.32. Following the completion of the sale, the director directly owned 9,158 shares in the company, valued at $844,917.08. This represents a 15.90% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

SPS Commerce Price Performance

Shares of NASDAQ SPSC opened at $94.49 on Friday. SPS Commerce, Inc. has a 1 year low of $73.05 and a 1 year high of $197.59. The firm has a 50-day moving average of $85.67 and a 200 day moving average of $106.18. The stock has a market cap of $3.56 billion, a P/E ratio of 42.37 and a beta of 0.58.

SPS Commerce (NASDAQ:SPSC) last announced its earnings results on Thursday, October 30th. The software maker reported $1.13 earnings per share for the quarter, beating analysts’ consensus estimates of $0.99 by $0.14. The business had revenue of $189.90 million during the quarter, compared to the consensus estimate of $192.68 million. SPS Commerce had a net margin of 11.65% and a return on equity of 12.17%. The business’s revenue for the quarter was up 16.0% on a year-over-year basis. During the same quarter last year, the firm earned $0.92 earnings per share. SPS Commerce has set its FY 2025 guidance at 4.100-4.15 EPS and its Q4 2025 guidance at 0.980-1.020 EPS. Research analysts expect that SPS Commerce, Inc. will post 2.73 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the stock. Northland Securities set a $109.00 price target on shares of SPS Commerce in a research report on Friday, October 31st. Citigroup decreased their price target on SPS Commerce from $145.00 to $110.00 and set a “buy” rating for the company in a research note on Friday, October 31st. Wall Street Zen cut SPS Commerce from a “buy” rating to a “hold” rating in a research report on Saturday. DA Davidson decreased their target price on SPS Commerce from $125.00 to $80.00 and set a “neutral” rating for the company in a research report on Friday, October 31st. Finally, Needham & Company LLC restated a “buy” rating and set a $110.00 target price (down previously from $160.00) on shares of SPS Commerce in a research note on Friday, October 31st. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $106.80.

Institutional Investors Weigh In On SPS Commerce

Hedge funds and other institutional investors have recently made changes to their positions in the business. Salomon & Ludwin LLC purchased a new position in shares of SPS Commerce during the 3rd quarter worth $28,000. UMB Bank n.a. grew its holdings in SPS Commerce by 60.6% during the second quarter. UMB Bank n.a. now owns 212 shares of the software maker’s stock valued at $29,000 after purchasing an additional 80 shares during the period. NewEdge Advisors LLC raised its stake in shares of SPS Commerce by 545.7% in the first quarter. NewEdge Advisors LLC now owns 226 shares of the software maker’s stock worth $30,000 after buying an additional 191 shares during the period. Advisory Services Network LLC purchased a new position in shares of SPS Commerce during the 3rd quarter valued at about $32,000. Finally, MassMutual Private Wealth & Trust FSB grew its stake in shares of SPS Commerce by 41.1% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 316 shares of the software maker’s stock valued at $43,000 after acquiring an additional 92 shares during the period. Hedge funds and other institutional investors 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.