Hsbc Holdings PLC Invests $1.10 Million in SPS Commerce, Inc. $SPSC

Hsbc Holdings PLC purchased a new stake in SPS Commerce, Inc. (NASDAQ:SPSC) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 12,324 shares of the software maker’s stock, valued at approximately $1,097,000.

Several other institutional investors have also made changes to their positions in SPSC. Rockefeller Capital Management L.P. grew its position in SPS Commerce by 20.3% during the fourth quarter. Rockefeller Capital Management L.P. now owns 4,145 shares of the software maker’s stock worth $369,000 after buying an additional 699 shares in the last quarter. Invesco Ltd. increased its stake in SPS Commerce by 20.6% during the 4th quarter. Invesco Ltd. now owns 133,027 shares of the software maker’s stock worth $11,857,000 after acquiring an additional 22,704 shares during the period. Alberta Investment Management Corp bought a new position in SPS Commerce during the 4th quarter worth $1,150,000. State of Tennessee Department of Treasury raised its holdings in SPS Commerce by 1.0% in the 4th quarter. State of Tennessee Department of Treasury now owns 17,442 shares of the software maker’s stock valued at $1,557,000 after acquiring an additional 175 shares in the last quarter. Finally, EP Wealth Advisors LLC acquired a new position in SPS Commerce in the 4th quarter valued at $210,000. 98.96% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

SPSC has been the topic of several analyst reports. Rothschild & Co Redburn set a $60.00 target price on SPS Commerce and gave the stock a “neutral” rating in a report on Thursday, April 16th. Wall Street Zen upgraded SPS Commerce from a “hold” rating to a “buy” rating in a research report on Saturday, May 16th. Stifel Nicolaus set a $60.00 price target on SPS Commerce in a research note on Friday, May 1st. Cantor Fitzgerald set a $60.00 price objective on shares of SPS Commerce and gave the stock a “neutral” rating in a research report on Friday, May 1st. Finally, Weiss Ratings upgraded shares of SPS Commerce from a “sell (d)” rating to a “sell (d+)” rating in a research note on Wednesday, July 8th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $76.45.

SPS Commerce Price Performance

Shares of SPSC opened at $63.33 on Tuesday. The firm has a 50 day simple moving average of $55.73 and a two-hundred day simple moving average of $64.74. SPS Commerce, Inc. has a one year low of $49.04 and a one year high of $143.55. The company has a market cap of $2.32 billion, a P/E ratio of 26.39 and a beta of 0.56.

SPS Commerce (NASDAQ:SPSC) last issued its earnings results on Thursday, April 30th. The software maker reported $1.10 earnings per share for the quarter, beating analysts’ consensus estimates of $0.97 by $0.13. SPS Commerce had a return on equity of 12.43% and a net margin of 11.92%.The firm had revenue of $192.12 million for the quarter, compared to the consensus estimate of $192.50 million. During the same quarter last year, the business posted $1.00 EPS. The company’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. On average, analysts expect that SPS Commerce, Inc. will post 3.35 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.