SPS Commerce, Inc. $SPSC Shares Sold by Lombard Odier Asset Management Europe Ltd

Lombard Odier Asset Management Europe Ltd decreased its holdings in shares of SPS Commerce, Inc. (NASDAQ:SPSC) by 99.2% during the 4th quarter, Holdings Channel.com reports. The firm owned 40,493 shares of the software maker’s stock after selling 5,048,335 shares during the period. Lombard Odier Asset Management Europe Ltd’s holdings in SPS Commerce were worth $3,609,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in SPSC. Advisors Asset Management Inc. boosted 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 worth $52,000 after purchasing an additional 112 shares during the last quarter. AQR Capital Management LLC boosted its holdings in shares of SPS Commerce by 2.0% during the first quarter. AQR Capital Management LLC now owns 14,134 shares of the software maker’s stock worth $1,876,000 after purchasing an additional 275 shares during the last quarter. NewEdge Advisors LLC boosted 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 worth $30,000 after purchasing an additional 191 shares during the last quarter. EverSource Wealth Advisors LLC boosted its holdings in shares of SPS Commerce by 137.7% during the second quarter. EverSource Wealth Advisors LLC now owns 649 shares of the software maker’s stock worth $88,000 after purchasing an additional 376 shares during the last quarter. Finally, First Trust Advisors LP boosted its holdings in shares of SPS Commerce by 83.2% during the second quarter. First Trust Advisors LP now owns 10,132 shares of the software maker’s stock worth $1,379,000 after purchasing an additional 4,602 shares during the last quarter. Institutional investors and hedge funds own 98.96% of the company’s stock.

Insider Buying and Selling

In other SPS Commerce news, Director Marty M. Reaume sold 1,000 shares of the firm’s stock in a transaction dated Tuesday, April 7th. The stock was sold at an average price of $57.90, for a total value of $57,900.00. Following the transaction, the director directly owned 9,158 shares of the company’s stock, valued at $530,248.20. This trade represents a 9.84% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.58% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

SPSC has been the topic of several analyst reports. Rothschild & Co Redburn set a $60.00 price objective on SPS Commerce and gave the stock a “neutral” rating in a report on Thursday, April 16th. Needham & Company LLC decreased their price objective on SPS Commerce from $110.00 to $75.00 and set a “buy” rating on the stock in a report on Friday, May 1st. DA Davidson lowered their price target on SPS Commerce from $65.00 to $55.00 and set a “neutral” rating for the company in a research report on Friday, May 1st. Morgan Stanley set a $70.00 price target on SPS Commerce in a research note on Friday, May 1st. Finally, Citigroup cut their price objective on SPS Commerce from $84.00 to $76.00 and set a “buy” rating on the stock in a report on Monday, May 4th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $76.45.

SPS Commerce Price Performance

NASDAQ:SPSC opened at $54.98 on Wednesday. The business’s 50-day moving average is $54.91 and its two-hundred day moving average is $68.56. SPS Commerce, Inc. has a 12 month low of $49.04 and a 12 month high of $143.55. The firm has a market capitalization of $2.02 billion, a PE ratio of 22.91 and a beta of 0.57.

SPS Commerce (NASDAQ:SPSC) last released its quarterly earnings data on Thursday, April 30th. The software maker reported $1.10 EPS for the quarter, beating the consensus estimate of $0.97 by $0.13. SPS Commerce had a return on equity of 12.43% and a net margin of 11.92%.The company had revenue of $192.12 million for the quarter, compared to analyst estimates of $192.51 million. During the same period last year, the company posted $1.00 earnings per share. The firm’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. Equities analysts anticipate that SPS Commerce, Inc. will post 3.41 EPS 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.