Vanguard Group Inc. Has $439.01 Million Position in SPS Commerce, Inc. $SPSC

Vanguard Group Inc. lowered its stake in shares of SPS Commerce, Inc. (NASDAQ:SPSC) by 0.4% during the fourth quarter, HoldingsChannel reports. The fund owned 4,925,441 shares of the software maker’s stock after selling 19,008 shares during the quarter. Vanguard Group Inc. owned approximately 0.13% of SPS Commerce worth $439,005,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the company. Montrusco Bolton Investments Inc. raised its position in SPS Commerce by 28.2% in the fourth quarter. Montrusco Bolton Investments Inc. now owns 63,300 shares of the software maker’s stock worth $5,642,000 after purchasing an additional 13,925 shares in the last quarter. Universal Beteiligungs und Servicegesellschaft mbH boosted its stake in SPS Commerce by 10.0% in the fourth quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 27,520 shares of the software maker’s stock worth $2,458,000 after purchasing an additional 2,494 shares in the last quarter. Evergreen Capital Management LLC grew its holdings in SPS Commerce by 7.1% during the 4th quarter. Evergreen Capital Management LLC now owns 2,337 shares of the software maker’s stock worth $208,000 after acquiring an additional 155 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in shares of SPS Commerce by 18.8% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 15,135 shares of the software maker’s stock valued at $1,349,000 after purchasing an additional 2,394 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. boosted its position in SPS Commerce by 8.5% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 4,264 shares of the software maker’s stock valued at $380,000 after buying an additional 334 shares during the last quarter. Institutional investors and hedge funds own 98.96% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on SPSC shares. Citigroup dropped their price target on shares of SPS Commerce from $84.00 to $76.00 and set a “buy” rating for the company in a research note on Monday. Morgan Stanley set a $70.00 target price on shares of SPS Commerce in a report on Friday. Cantor Fitzgerald set a $60.00 target price on shares of SPS Commerce and gave the company a “neutral” rating in a research report on Friday. Rothschild & Co Redburn set a $60.00 price target on SPS Commerce and gave the company a “neutral” rating in a research note on Thursday, April 16th. Finally, Weiss Ratings raised SPS Commerce from a “sell (d)” rating to a “sell (d+)” rating in a research note on Wednesday, April 29th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $76.45.

Insiders Place Their Bets

In related news, CEO Chadwick Collins sold 13,384 shares of the business’s stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $58.66, for a total value 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. The trade was a 15.63% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Kimberly K. Nelson sold 6,300 shares of the stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $58.66, for a total value of $369,558.00. Following the sale, the chief financial officer directly owned 145,452 shares of the company’s stock, valued at approximately $8,532,214.32. The trade was a 4.15% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 24,102 shares of company stock worth $1,425,328. Company insiders own 0.58% of the company’s stock.

SPS Commerce Stock Performance

SPSC opened at $58.40 on Wednesday. The firm’s fifty day moving average is $57.18 and its two-hundred day moving average is $76.40. The firm has a market cap of $2.14 billion, a PE ratio of 24.33 and a beta of 0.58. SPS Commerce, Inc. has a twelve month low of $50.55 and a twelve month high of $153.16.

SPS Commerce (NASDAQ:SPSC) last issued its quarterly earnings data on Thursday, April 30th. The software maker reported $1.10 EPS for the quarter, topping the consensus estimate 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 for the quarter, compared to the consensus estimate of $192.51 million. During the same quarter last year, the business posted $1.00 EPS. The firm’s revenue 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. Equities analysts forecast that SPS Commerce, Inc. will post 3.34 EPS 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.