BNP Paribas Financial Markets Buys 82,686 Shares of SPS Commerce, Inc. $SPSC

BNP Paribas Financial Markets lifted its stake in SPS Commerce, Inc. (NASDAQ:SPSC) by 51.1% in the fourth quarter, Holdings Channel.com reports. The fund owned 244,529 shares of the software maker’s stock after purchasing an additional 82,686 shares during the period. BNP Paribas Financial Markets’ holdings in SPS Commerce were worth $21,795,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently made changes to their positions in the company. NewEdge Advisors LLC raised its position 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 buying an additional 191 shares in the last quarter. Advisory Services Network LLC purchased a new stake in shares of SPS Commerce in the third quarter worth $32,000. Global Retirement Partners LLC raised its position in shares of SPS Commerce by 2,130.0% in the fourth quarter. Global Retirement Partners LLC now owns 446 shares of the software maker’s stock worth $40,000 after buying an additional 426 shares in the last quarter. Park Place Capital Corp raised its position in shares of SPS Commerce by 29.7% in the fourth quarter. Park Place Capital Corp now owns 564 shares of the software maker’s stock worth $50,000 after buying an additional 129 shares in the last quarter. Finally, Advisors Asset Management Inc. raised its position in shares of 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 buying an additional 112 shares in the last quarter. Hedge funds and other institutional investors own 98.96% of the company’s stock.

SPS Commerce Price Performance

NASDAQ SPSC opened at $55.47 on Friday. The stock has a market capitalization of $2.04 billion, a PE ratio of 23.11 and a beta of 0.57. SPS Commerce, Inc. has a 1 year low of $49.04 and a 1 year high of $145.00. The business’s 50-day moving average is $54.96 and its 200 day moving average is $69.87.

SPS Commerce (NASDAQ:SPSC) last posted its earnings results on Thursday, April 30th. The software maker reported $1.10 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.97 by $0.13. The company had revenue of $192.12 million for the quarter, compared to analysts’ expectations of $192.51 million. SPS Commerce had a return on equity of 12.43% and a net margin of 11.92%.SPS Commerce’s quarterly revenue was up 5.8% on a year-over-year basis. During the same period last year, the firm earned $1.00 earnings per share. 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. As a group, equities research analysts anticipate that SPS Commerce, Inc. will post 3.41 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on SPSC shares. Wall Street Zen upgraded SPS Commerce from a “hold” rating to a “buy” rating in a research report on Saturday, May 16th. Robert W. Baird set a $86.00 price objective on SPS Commerce in a research report on Friday, February 13th. Citigroup lowered their price target on SPS Commerce from $84.00 to $76.00 and set a “buy” rating on the stock in a research report on Monday, May 4th. Craig Hallum downgraded SPS Commerce from a “buy” rating to a “hold” rating and set a $70.00 price target on the stock. in a research report on Friday, February 13th. Finally, Cantor Fitzgerald set a $60.00 price target on SPS Commerce and gave the company a “neutral” rating in a research report on Friday, May 1st. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, SPS Commerce presently has an average rating of “Hold” and a consensus target price of $76.45.

Insider Activity

In related 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 sale, 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 Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.58% of the stock is owned by insiders.

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.