Moody Aldrich Partners LLC Lowers Stake in SPS Commerce, Inc. $SPSC

Moody Aldrich Partners LLC lessened its stake in SPS Commerce, Inc. (NASDAQ:SPSC) by 1.5% in the 2nd quarter, Holdings Channel reports. The firm owned 36,303 shares of the software maker’s stock after selling 559 shares during the period. Moody Aldrich Partners LLC’s holdings in SPS Commerce were worth $4,940,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Buckhead Capital Management LLC acquired a new stake in shares of SPS Commerce in the second quarter valued at $1,271,000. Atria Investments Inc boosted its holdings in SPS Commerce by 3.1% during the 2nd quarter. Atria Investments Inc now owns 9,050 shares of the software maker’s stock valued at $1,232,000 after acquiring an additional 270 shares during the period. Arkadios Wealth Advisors grew its position in SPS Commerce by 4.9% in the 2nd quarter. Arkadios Wealth Advisors now owns 5,206 shares of the software maker’s stock valued at $708,000 after acquiring an additional 244 shares in the last quarter. Teacher Retirement System of Texas grew its position in SPS Commerce by 10.7% in the 2nd quarter. Teacher Retirement System of Texas now owns 41,504 shares of the software maker’s stock valued at $5,648,000 after acquiring an additional 4,015 shares in the last quarter. Finally, Y Intercept Hong Kong Ltd acquired a new position in shares of SPS Commerce in the second quarter valued at approximately $2,726,000. 98.96% of the stock is currently owned by institutional investors and hedge funds.

SPS Commerce Price Performance

SPS Commerce stock opened at $103.89 on Friday. The stock has a market cap of $3.94 billion, a PE ratio of 47.66 and a beta of 0.69. The stock’s fifty day moving average is $108.66 and its two-hundred day moving average is $125.54. SPS Commerce, Inc. has a 1-year low of $102.05 and a 1-year high of $201.06.

SPS Commerce (NASDAQ:SPSC) last released its quarterly earnings data on Thursday, October 30th. The software maker reported $1.13 EPS for the quarter, beating analysts’ consensus estimates of $0.99 by $0.14. SPS Commerce had a return on equity of 12.10% and a net margin of 11.79%.The business had revenue of $189.90 million for the quarter, compared to the consensus estimate of $192.68 million. During the same quarter in the prior year, the business posted $0.92 EPS. The business’s revenue for the quarter was up 16.0% on a year-over-year basis. SPS Commerce has set its FY 2025 guidance at 4.100-4.15 EPS. Q4 2025 guidance at 0.980-1.020 EPS. On average, research analysts expect that SPS Commerce, Inc. will post 2.73 earnings per share for the current fiscal year.

Analysts Set New Price Targets

SPSC has been the subject of several research reports. Loop Capital downgraded shares of SPS Commerce from a “buy” rating to a “hold” rating and dropped their price target for the stock from $175.00 to $120.00 in a research note on Thursday, July 31st. Weiss Ratings lowered SPS Commerce from a “hold (c-)” rating to a “sell (d+)” rating in a report on Saturday, October 25th. Cantor Fitzgerald cut their price target on SPS Commerce from $170.00 to $135.00 and set an “overweight” rating on the stock in a report on Wednesday, September 24th. Wall Street Zen lowered SPS Commerce from a “buy” rating to a “hold” rating in a research report on Tuesday, October 14th. Finally, Needham & Company LLC reissued a “buy” rating and set a $160.00 price objective on shares of SPS Commerce in a research report on Wednesday, September 24th. Five equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $153.70.

SPS Commerce Profile

SPS Commerce, Inc provides cloud-based supply chain management solutions in the United States and internationally. It offers solutions through the SPS Commerce, a cloud-based platform that enhances the way retailers, grocers, suppliers, distributors, and logistics firms manage and fulfill omnichannel orders, optimize sell-through performance, and automate new trading relationships.