SG Americas Securities LLC Has $1.36 Million Stock Holdings in SPS Commerce, Inc. $SPSC

SG Americas Securities LLC lifted its position in SPS Commerce, Inc. (NASDAQ:SPSC) by 196.3% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 13,023 shares of the software maker’s stock after buying an additional 8,628 shares during the quarter. SG Americas Securities LLC’s holdings in SPS Commerce were worth $1,356,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. UMB Bank n.a. raised its holdings in SPS Commerce by 60.6% in the 2nd quarter. UMB Bank n.a. now owns 212 shares of the software maker’s stock worth $29,000 after acquiring an additional 80 shares during the period. NewEdge Advisors LLC grew 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 valued at $30,000 after purchasing an additional 191 shares during the last quarter. Salomon & Ludwin LLC bought a new position in shares of SPS Commerce in the third quarter worth about $28,000. MassMutual Private Wealth & Trust FSB lifted its position in shares of SPS Commerce by 41.1% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 316 shares of the software maker’s stock worth $43,000 after purchasing an additional 92 shares during the last quarter. Finally, Advisors Asset Management Inc. boosted its stake in SPS Commerce by 39.9% during the 1st quarter. Advisors Asset Management Inc. now owns 393 shares of the software maker’s stock valued at $52,000 after purchasing an additional 112 shares during the period. 98.96% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other SPS Commerce news, Director Marty M. Reaume sold 1,732 shares of SPS Commerce stock in a transaction that occurred on Wednesday, January 7th. The stock was sold at an average price of $92.26, for a total transaction of $159,794.32. Following the sale, the director directly owned 9,158 shares of the company’s stock, valued at approximately $844,917.08. The trade was a 15.90% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.98% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several brokerages have commented on SPSC. Robert W. Baird set a $104.00 price target on SPS Commerce in a research report on Friday, October 31st. Weiss Ratings lowered shares of SPS Commerce from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Saturday, October 25th. DA Davidson reduced their price target on shares of SPS Commerce from $125.00 to $80.00 and set a “neutral” rating for the company in a report on Friday, October 31st. Northland Capmk upgraded shares of SPS Commerce from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 31st. Finally, Wall Street Zen lowered shares of SPS Commerce from a “buy” rating to a “hold” rating in a research report on Saturday, January 10th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $106.80.

SPS Commerce Price Performance

SPSC opened at $90.07 on Friday. The company has a market capitalization of $3.40 billion, a P/E ratio of 40.39 and a beta of 0.58. The firm’s fifty day moving average price is $86.72 and its two-hundred day moving average price is $104.70. SPS Commerce, Inc. has a fifty-two week low of $73.05 and a fifty-two week high of $197.59.

SPS Commerce (NASDAQ:SPSC) last released its quarterly earnings data on Thursday, October 30th. The software maker reported $1.13 EPS for the quarter, topping analysts’ consensus estimates of $0.99 by $0.14. SPS Commerce had a net margin of 11.65% and a return on equity of 12.17%. The company had revenue of $189.90 million during the quarter, compared to the consensus estimate of $192.68 million. During the same period last year, the firm earned $0.92 EPS. The firm’s revenue for the quarter was up 16.0% compared to the same quarter last year. SPS Commerce has set its FY 2025 guidance at 4.100-4.15 EPS and its Q4 2025 guidance at 0.980-1.020 EPS. On average, equities research analysts expect that SPS Commerce, Inc. will post 2.73 EPS for the current fiscal year.

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.