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

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

SPS Commerce Price Performance

SPSC opened at $54.17 on Wednesday. The business has a 50 day moving average price of $83.40 and a two-hundred day moving average price of $93.89. The company has a market capitalization of $2.03 billion, a price-to-earnings ratio of 22.11 and a beta of 0.56. SPS Commerce, Inc. has a 1-year low of $53.72 and a 1-year high of $153.16.

SPS Commerce (NASDAQ:SPSC) last issued its quarterly earnings results on Thursday, February 12th. The software maker reported $1.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.00 by $0.14. The company 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 firm’s revenue for the quarter was up 12.7% on a year-over-year basis. During the same period last 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. Equities analysts expect that SPS Commerce, Inc. will post 2.73 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the stock. Cantor Fitzgerald set a $70.00 price objective on shares of SPS Commerce in a research report on Friday, February 13th. Robert W. Baird set a $86.00 target price on shares of SPS Commerce in a report on Friday, February 13th. Wall Street Zen lowered shares of SPS Commerce from a “buy” rating to a “hold” rating in a research report on Saturday, January 10th. Stifel Nicolaus set a $65.00 price objective on SPS Commerce and gave the company a “hold” rating in a research report on Friday, February 13th. Finally, Needham & Company LLC restated a “buy” rating and issued a $110.00 target price (down from $160.00) on shares of SPS Commerce in a report on Friday, October 31st. 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 issued a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $87.40.

Institutional Investors Weigh In On SPS Commerce

Several hedge funds have recently made changes to their positions in SPSC. Advisors Asset Management Inc. grew its position in SPS Commerce by 39.9% during the 1st quarter. Advisors Asset Management Inc. now owns 393 shares of the software maker’s stock worth $52,000 after purchasing an additional 112 shares in the last quarter. AQR Capital Management LLC boosted its position in shares of 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 buying an additional 275 shares during the period. NewEdge Advisors LLC grew 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 buying an additional 191 shares in the last quarter. CWM LLC raised its position in 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 buying an additional 868 shares during the period. Finally, Allianz Asset Management GmbH acquired a new position in SPS Commerce during the second quarter valued at $611,000. Hedge funds and other institutional investors own 98.96% of the company’s stock.

SPS Commerce Company 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.