SPS Commerce, Inc. $SPSC Shares Acquired by Vanguard Group Inc.

Vanguard Group Inc. boosted its stake in SPS Commerce, Inc. (NASDAQ:SPSC) by 5.3% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,944,449 shares of the software maker’s stock after acquiring an additional 249,351 shares during the period. Vanguard Group Inc. owned 13.11% of SPS Commerce worth $514,915,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Salomon & Ludwin LLC purchased a new stake in shares of SPS Commerce during the third quarter worth approximately $28,000. NewEdge Advisors LLC boosted its holdings 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 valued at $30,000 after acquiring an additional 191 shares in the last quarter. Pilgrim Partners Asia Pte Ltd acquired a new position in shares of SPS Commerce during the third quarter worth about $48,000. Advisors Asset Management Inc. raised its holdings in SPS Commerce by 39.9% during the first quarter. Advisors Asset Management Inc. now owns 393 shares of the software maker’s stock worth $52,000 after purchasing an additional 112 shares in the last quarter. Finally, Harel Insurance Investments & Financial Services Ltd. raised its holdings in SPS Commerce by 211.8% during the second quarter. Harel Insurance Investments & Financial Services Ltd. now owns 474 shares of the software maker’s stock worth $65,000 after purchasing an additional 322 shares in the last quarter. 98.96% of the stock is owned by institutional investors and hedge funds.

Insider Activity at SPS Commerce

In other SPS Commerce news, Director Marty M. Reaume sold 1,732 shares of SPS Commerce stock in a transaction that occurred on Wednesday, January 7th. The shares were sold at an average price of $92.26, for a total transaction of $159,794.32. Following the transaction, the director directly owned 9,158 shares of the company’s stock, valued at $844,917.08. The trade was a 15.90% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Chadwick Collins sold 13,384 shares of the firm’s stock in a transaction on Friday, February 20th. The shares were sold at an average price of $58.66, for a total transaction of $785,105.44. Following the completion of the transaction, the chief executive officer directly owned 72,241 shares in the company, valued at approximately $4,237,657.06. This represents a 15.63% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 24,834 shares of company stock worth $1,527,223. 0.98% of the stock is owned by insiders.

SPS Commerce Trading Down 0.1%

Shares of SPSC opened at $54.14 on Thursday. The company has a 50-day moving average of $82.69 and a two-hundred day moving average of $93.62. SPS Commerce, Inc. has a 12-month low of $52.56 and a 12-month high of $153.16. The stock has a market cap of $2.02 billion, a P/E ratio of 22.10 and a beta of 0.56.

SPS Commerce (NASDAQ:SPSC) last posted its quarterly earnings data on Thursday, February 12th. The software maker reported $1.14 EPS for the quarter, topping analysts’ consensus estimates of $1.00 by $0.14. The firm had revenue of $192.65 million during the quarter, compared to analysts’ expectations of $193.60 million. SPS Commerce had a return on equity of 12.73% and a net margin of 12.42%.The firm’s quarterly revenue was up 12.7% compared to the same quarter last year. During the same quarter last year, the business posted $0.89 EPS. 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. As a group, analysts forecast that SPS Commerce, Inc. will post 2.73 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities analysts have issued reports on SPSC shares. Cantor Fitzgerald set a $70.00 target price on SPS Commerce in a research report on Friday, February 13th. Stifel Nicolaus set a $65.00 price objective on SPS Commerce and gave the stock a “hold” rating in a report on Friday, February 13th. DA Davidson cut their price objective on SPS Commerce from $80.00 to $65.00 and set a “neutral” rating for the company in a research report on Tuesday, February 17th. Robert W. Baird set a $86.00 target price on SPS Commerce in a report on Friday, February 13th. Finally, Citigroup reaffirmed a “buy” rating and set a $84.00 price target (down from $110.00) on shares of SPS Commerce in a research note on Friday, February 13th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, SPS Commerce has a consensus rating of “Hold” and an average price target of $87.40.

SPS Commerce Company 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.