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

SPS Commerce, Inc. (NASDAQ:SPSC) EVP Jamie Thingelstad sold 2,418 shares of the stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $54.94, for a total value of $132,844.92. Following the sale, the executive vice president owned 56,344 shares of the company’s stock, valued at approximately $3,095,539.36. The trade was a 4.11% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

SPS Commerce Stock Down 0.1%

NASDAQ:SPSC traded down $0.05 during trading hours on Tuesday, reaching $54.17. The company had a trading volume of 1,298,617 shares, compared to its average volume of 791,003. SPS Commerce, Inc. has a twelve month low of $53.72 and a twelve month high of $153.16. The firm has a market cap of $2.03 billion, a price-to-earnings ratio of 22.11 and a beta of 0.56. The business’s 50-day simple moving average is $84.08 and its two-hundred day simple moving average is $94.26.

SPS Commerce (NASDAQ:SPSC) last announced its quarterly earnings data on Thursday, February 12th. The software maker reported $1.14 EPS for the quarter, beating analysts’ consensus estimates of $1.00 by $0.14. SPS Commerce had a return on equity of 12.73% and a net margin of 12.42%.The firm had revenue of $192.65 million during the quarter, compared to analysts’ expectations of $193.60 million. During the same quarter last year, the firm posted $0.89 earnings per share. The company’s revenue for the quarter was up 12.7% compared to the same quarter last year. 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. As a group, equities analysts predict that SPS Commerce, Inc. will post 2.73 earnings per share for the current year.

Analysts Set New Price Targets

Several equities research analysts have commented on SPSC shares. Stifel Nicolaus set a $65.00 price objective on shares of SPS Commerce and gave the company a “hold” rating in a research note on Friday, February 13th. Needham & Company LLC reissued a “buy” rating and issued a $110.00 price target (down from $160.00) on shares of SPS Commerce in a research report on Friday, October 31st. Wall Street Zen downgraded SPS Commerce from a “buy” rating to a “hold” rating in a research note on Saturday, January 10th. Northland Securities set a $109.00 price target on shares of SPS Commerce in a research report on Friday, October 31st. Finally, Morgan Stanley set a $95.00 target price on shares of SPS Commerce in a research note on Friday, February 13th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, SPS Commerce has an average rating of “Hold” and a consensus target price of $87.40.

Institutional Investors Weigh In On SPS Commerce

A number of large investors have recently modified their holdings of the stock. Bank of Montreal Can raised its position in shares of SPS Commerce by 95.6% in the 2nd quarter. Bank of Montreal Can now owns 24,403 shares of the software maker’s stock worth $3,321,000 after purchasing an additional 11,927 shares during the last quarter. Van Berkom & Associates Inc. purchased a new stake in SPS Commerce during the 3rd quarter valued at about $51,878,000. Fenimore Asset Management Inc increased its stake in SPS Commerce by 17.8% during the 3rd quarter. Fenimore Asset Management Inc now owns 145,888 shares of the software maker’s stock valued at $15,193,000 after purchasing an additional 22,036 shares in the last quarter. Buckhead Capital Management LLC raised its holdings in SPS Commerce by 284.7% in the third quarter. Buckhead Capital Management LLC now owns 35,945 shares of the software maker’s stock worth $3,743,000 after buying an additional 26,602 shares during the last quarter. Finally, Caxton Associates LLP purchased a new position in SPS Commerce in the second quarter worth about $2,007,000. 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.