Corient Private Wealth LP Makes New $1.78 Million Investment in SPS Commerce, Inc. $SPSC

Corient Private Wealth LP purchased a new stake in SPS Commerce, Inc. (NASDAQ:SPSC) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 31,193 shares of the software maker’s stock, valued at approximately $1,783,000.

A number of other hedge funds also recently made changes to their positions in the business. Advisors Asset Management Inc. boosted its position in shares of 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 buying an additional 112 shares during the period. State of Wyoming grew its holdings in SPS Commerce by 10.8% in the 4th quarter. State of Wyoming now owns 1,792 shares of the software maker’s stock worth $160,000 after buying an additional 174 shares in the last quarter. State of Tennessee Department of Treasury grew 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 worth $1,557,000 after buying an additional 175 shares in the last quarter. NewEdge Advisors LLC increased its position in SPS Commerce by 545.7% in the 1st quarter. NewEdge Advisors LLC now owns 226 shares of the software maker’s stock valued at $30,000 after acquiring an additional 191 shares during the period. Finally, EverSource Wealth Advisors LLC increased its position in SPS Commerce by 23.8% in the 4th quarter. EverSource Wealth Advisors LLC now owns 1,134 shares of the software maker’s stock valued at $101,000 after acquiring an additional 218 shares during the period. Institutional investors own 98.96% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have issued reports on SPSC shares. Weiss Ratings upgraded SPS Commerce from a “sell (d)” rating to a “sell (d+)” rating in a research report on Thursday, August 6th. Stifel Nicolaus set a $70.00 price target on SPS Commerce and gave the stock a “hold” rating in a research note on Friday, July 31st. Cantor Fitzgerald reissued a “neutral” rating and set a $70.00 price target (up from $60.00) on shares of SPS Commerce in a report on Friday, July 31st. Morgan Stanley restated an “underweight” rating and set a $59.00 price objective (up from $57.00) on shares of SPS Commerce in a research note on Friday, July 31st. Finally, Citigroup reaffirmed a “buy” rating and issued a $82.00 price objective (up from $76.00) on shares of SPS Commerce in a report on Tuesday, July 21st. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $77.10.

SPS Commerce Price Performance

Shares of NASDAQ:SPSC opened at $84.21 on Friday. SPS Commerce, Inc. has a 12 month low of $49.04 and a 12 month high of $114.87. The stock has a market cap of $3.03 billion, a price-to-earnings ratio of 40.68 and a beta of 0.51. The stock’s 50 day moving average price is $70.38 and its 200 day moving average price is $61.18.

SPS Commerce (NASDAQ:SPSC) last released its earnings results on Thursday, July 30th. The software maker reported $1.27 earnings per share for the quarter, topping analysts’ consensus estimates of $1.09 by $0.18. The firm had revenue of $197.81 million during the quarter, compared to the consensus estimate of $195.46 million. SPS Commerce had a return on equity of 13.04% and a net margin of 10.10%.The firm’s revenue for the quarter was up 5.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.00 earnings per share. SPS Commerce has set its Q3 2026 guidance at 1.200-1.230 EPS and its FY 2026 guidance at 4.840-4.930 EPS. On average, sell-side analysts expect that SPS Commerce, Inc. will post 3.56 EPS for the current 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.