SPS Commerce, Inc. $SPSC Position Boosted by Tudor Investment Corp ET AL

Tudor Investment Corp ET AL boosted its holdings in SPS Commerce, Inc. (NASDAQ:SPSC) by 161.5% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 70,389 shares of the software maker’s stock after acquiring an additional 43,476 shares during the quarter. Tudor Investment Corp ET AL’s holdings in SPS Commerce were worth $7,330,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the business. Salomon & Ludwin LLC acquired a new position in SPS Commerce during the 3rd quarter worth $28,000. NewEdge Advisors LLC increased its holdings in shares of SPS Commerce by 545.7% during the first quarter. NewEdge Advisors LLC now owns 226 shares of the software maker’s stock valued at $30,000 after purchasing an additional 191 shares during the period. Advisory Services Network LLC acquired a new position in shares of SPS Commerce during the third quarter valued at $32,000. Pilgrim Partners Asia Pte Ltd bought a new stake in shares of SPS Commerce during the third quarter valued at about $48,000. Finally, Advisors Asset Management Inc. lifted its holdings in SPS Commerce by 39.9% in the first quarter. Advisors Asset Management Inc. now owns 393 shares of the software maker’s stock worth $52,000 after purchasing an additional 112 shares during the period. Institutional investors own 98.96% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the stock. Stifel Nicolaus set a $65.00 target price on shares of SPS Commerce and gave the company a “hold” rating in a research report on Friday, February 13th. Citigroup reaffirmed a “buy” rating and issued a $84.00 price target (down from $110.00) on shares of SPS Commerce in a research note on Friday, February 13th. Morgan Stanley set a $95.00 price objective on shares of SPS Commerce in a report on Friday, February 13th. Craig Hallum cut SPS Commerce from a “buy” rating to a “hold” rating and set a $70.00 target price on the stock. in a report on Friday, February 13th. Finally, Wall Street Zen raised SPS Commerce from a “hold” rating to a “buy” rating in a research note on Saturday, March 14th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $87.40.

Insider Buying and Selling at SPS Commerce

In other SPS Commerce news, CFO Kimberly K. Nelson sold 6,300 shares of the company’s stock in a transaction 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 transaction, the chief financial officer owned 145,452 shares of the company’s stock, valued at approximately $8,532,214.32. This represents a 4.15% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Marty M. Reaume sold 1,732 shares of the stock in a transaction on Wednesday, January 7th. The shares were sold at an average price of $92.26, for a total value of $159,794.32. Following the sale, the director owned 9,158 shares of the company’s stock, valued at $844,917.08. This trade represents a 15.90% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 24,834 shares of company stock worth $1,527,223. 0.98% of the stock is owned by corporate insiders.

SPS Commerce Trading Up 0.8%

NASDAQ:SPSC opened at $58.41 on Tuesday. SPS Commerce, Inc. has a twelve month low of $52.56 and a twelve month high of $153.16. The company has a 50-day moving average of $71.40 and a 200-day moving average of $87.01. The firm has a market cap of $2.18 billion, a price-to-earnings ratio of 23.84 and a beta of 0.63.

SPS Commerce (NASDAQ:SPSC) last released its 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. SPS Commerce had a net margin of 12.42% and a return on equity of 12.73%. The business had revenue of $192.65 million for the quarter, compared to the consensus estimate of $193.60 million. During the same period in the previous year, the firm earned $0.89 EPS. The business’s revenue for the quarter was up 12.7% on a year-over-year basis. 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. On average, research analysts forecast that SPS Commerce, Inc. will post 2.73 earnings per share for the current year.

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.