Jamie Thingelstad Sells 2,418 Shares of SPS Commerce (NASDAQ:SPSC) Stock

SPS Commerce, Inc. (NASDAQ:SPSC) EVP Jamie Thingelstad sold 2,418 shares of the firm’s stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $54.94, for a total value of $132,844.92. Following the sale, the executive vice president owned 56,344 shares in the company, valued at $3,095,539.36. The trade was a 4.11% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

SPS Commerce Trading Down 0.1%

Shares of SPS Commerce stock opened at $54.14 on Thursday. The firm has a market capitalization of $2.02 billion, a PE ratio of 22.10 and a beta of 0.56. SPS Commerce, Inc. has a 12 month low of $52.56 and a 12 month high of $153.16. The business’s 50-day moving average price is $82.69 and its 200-day moving average price is $93.62.

SPS Commerce (NASDAQ:SPSC) last announced its quarterly earnings results 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 business had revenue of $192.65 million for 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 business’s quarterly revenue was up 12.7% on a year-over-year basis. During the same period in the previous year, the firm earned $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 predict that SPS Commerce, Inc. will post 2.73 earnings per share for the current fiscal year.

Institutional Investors Weigh In On SPS Commerce

Hedge funds have recently bought and sold shares of the business. Advisors Asset Management Inc. lifted its holdings 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 valued at $52,000 after purchasing an additional 112 shares during the last quarter. AQR Capital Management LLC boosted its holdings in SPS Commerce by 2.0% in the first quarter. AQR Capital Management LLC now owns 14,134 shares of the software maker’s stock worth $1,876,000 after acquiring an additional 275 shares in the last quarter. NewEdge Advisors LLC grew its stake 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 worth $30,000 after acquiring an additional 191 shares during the last quarter. CWM LLC increased its holdings in shares of SPS Commerce by 120.4% during the second quarter. CWM LLC now owns 1,589 shares of the software maker’s stock valued at $216,000 after acquiring an additional 868 shares in the last quarter. Finally, Allianz Asset Management GmbH purchased a new position in shares of SPS Commerce in the 2nd quarter worth about $611,000. Institutional investors own 98.96% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on SPSC. Cantor Fitzgerald set a $70.00 target price on SPS Commerce in a research note on Friday, February 13th. Northland Securities set a $109.00 target price on SPS Commerce in a report on Friday, October 31st. Wall Street Zen cut shares of SPS Commerce from a “buy” rating to a “hold” rating in a report on Saturday, January 10th. Morgan Stanley set a $95.00 price objective on shares of SPS Commerce in a report on Friday, February 13th. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of SPS Commerce in a research note on Thursday, January 22nd. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $87.40.

About SPS Commerce

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.