SPS Commerce, Inc. $SPSC Shares Purchased by Janus Henderson Group PLC

Janus Henderson Group PLC raised its holdings in shares of SPS Commerce, Inc. (NASDAQ:SPSC) by 94.7% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 304,549 shares of the software maker’s stock after acquiring an additional 148,096 shares during the quarter. Janus Henderson Group PLC’s holdings in SPS Commerce were worth $16,944,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. NewEdge Advisors LLC lifted its holdings 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 valued at $30,000 after purchasing an additional 191 shares in the last quarter. Advisory Services Network LLC purchased a new position in shares of SPS Commerce during the 3rd quarter worth approximately $32,000. Global Retirement Partners LLC raised its position in shares of SPS Commerce by 2,130.0% during the 4th quarter. Global Retirement Partners LLC now owns 446 shares of the software maker’s stock worth $40,000 after purchasing an additional 426 shares during the last quarter. Summit Securities Group LLC acquired a new position in shares of SPS Commerce during the 4th quarter worth approximately $45,000. Finally, Leonteq Securities AG purchased a new stake in SPS Commerce in the 4th quarter valued at approximately $52,000. Institutional investors and hedge funds own 98.96% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have commented on SPSC shares. DA Davidson set a $65.00 target price on SPS Commerce in a report on Friday. Wall Street Zen cut SPS Commerce from a “buy” rating to a “hold” rating in a report on Saturday, July 18th. Weiss Ratings downgraded SPS Commerce from a “sell (d+)” rating to a “sell (d)” rating in a research report on Thursday, July 23rd. Citigroup reaffirmed a “buy” rating and set a $82.00 price objective (up from $76.00) on shares of SPS Commerce in a research note on Tuesday, July 21st. Finally, Needham & Company LLC reiterated a “buy” rating on shares of SPS Commerce in a research report on Tuesday, July 28th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, six have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $74.60.

SPS Commerce Stock Up 2.9%

Shares of NASDAQ:SPSC opened at $75.54 on Tuesday. The company has a market cap of $2.77 billion, a P/E ratio of 36.49 and a beta of 0.53. SPS Commerce, Inc. has a 52 week low of $49.04 and a 52 week high of $117.37. The business has a fifty day simple moving average of $59.36 and a 200-day simple moving average of $62.00.

SPS Commerce (NASDAQ:SPSC) last released its earnings results on Thursday, July 30th. The software maker reported $1.27 earnings per share for the quarter, topping the consensus estimate of $1.09 by $0.18. SPS Commerce had a return on equity of 13.04% and a net margin of 10.10%.The firm had revenue of $197.81 million for the quarter, compared to the consensus estimate of $195.46 million. During the same period in the prior year, the business posted $1.00 earnings per share. The firm’s revenue for the quarter was up 5.6% compared to the same quarter last year. SPS Commerce has set its Q3 2026 guidance at 1.200-1.230 EPS and its FY 2026 guidance at 4.840-4.930 EPS. Sell-side analysts expect that SPS Commerce, Inc. will post 3.46 earnings per share for the current fiscal 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.