Hsbc Holdings PLC Acquires 10,596 Shares of SPS Commerce, Inc. $SPSC

Hsbc Holdings PLC lifted its holdings in SPS Commerce, Inc. (NASDAQ:SPSC) by 86.0% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 22,920 shares of the software maker’s stock after acquiring an additional 10,596 shares during the period. Hsbc Holdings PLC owned 0.06% of SPS Commerce worth $1,296,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the business. Lightrock Netherlands B.V. bought a new position in SPS Commerce in the 4th quarter worth approximately $7,389,000. Bessemer Group Inc. raised its position in shares of SPS Commerce by 1,149.1% during the fourth quarter. Bessemer Group Inc. now owns 98,208 shares of the software maker’s stock valued at $8,753,000 after buying an additional 90,346 shares during the last quarter. VELA Investment Management LLC bought a new stake in shares of SPS Commerce during the fourth quarter valued at approximately $1,798,000. SG Americas Securities LLC lifted its holdings in shares of SPS Commerce by 205.3% in the fourth quarter. SG Americas Securities LLC now owns 39,753 shares of the software maker’s stock worth $3,543,000 after buying an additional 26,730 shares in the last quarter. Finally, UBS Group AG lifted its holdings in shares of SPS Commerce by 182.3% in the fourth quarter. UBS Group AG now owns 1,295,267 shares of the software maker’s stock worth $115,447,000 after buying an additional 836,407 shares in the last quarter. Hedge funds and other institutional investors own 98.96% of the company’s stock.

SPS Commerce Stock Performance

SPSC stock opened at $65.65 on Tuesday. The firm has a fifty day moving average price of $57.65 and a 200 day moving average price of $62.81. SPS Commerce, Inc. has a fifty-two week low of $49.04 and a fifty-two week high of $141.98. The firm has a market cap of $2.41 billion, a PE ratio of 27.35 and a beta of 0.56.

SPS Commerce (NASDAQ:SPSC) last announced its quarterly earnings results on Thursday, April 30th. The software maker reported $1.10 earnings per share for the quarter, topping the consensus estimate of $0.97 by $0.13. SPS Commerce had a net margin of 11.92% and a return on equity of 12.43%. The company had revenue of $192.12 million for the quarter, compared to analysts’ expectations of $192.50 million. During the same quarter in the previous year, the business posted $1.00 earnings per share. SPS Commerce’s quarterly revenue was up 5.8% on a year-over-year basis. 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, equities analysts predict that SPS Commerce, Inc. will post 3.43 EPS for the current year.

Analyst Ratings Changes

Several equities analysts recently weighed in on SPSC shares. Zacks Research raised shares of SPS Commerce from a “strong sell” rating to a “hold” rating in a research note on Monday, July 20th. Rothschild & Co Redburn set a $60.00 price target on shares of SPS Commerce and gave the stock a “neutral” rating in a research note on Thursday, April 16th. Needham & Company LLC dropped their price objective on shares of SPS Commerce from $110.00 to $75.00 and set a “buy” rating for the company in a report on Friday, May 1st. Cantor Fitzgerald set a $60.00 price objective on SPS Commerce and gave the company a “neutral” rating in a research report on Friday, May 1st. Finally, Weiss Ratings cut SPS Commerce from a “sell (d+)” rating to a “sell (d)” rating in a report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, seven have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, SPS Commerce currently has an average rating of “Hold” and an average price target of $75.82.

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.