SPS Commerce, Inc. $SPSC Shares Sold by Whittier Trust Co. of Nevada Inc.

Whittier Trust Co. of Nevada Inc. lessened its stake in SPS Commerce, Inc. (NASDAQ:SPSC) by 88.7% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,608 shares of the software maker’s stock after selling 12,644 shares during the quarter. Whittier Trust Co. of Nevada Inc.’s holdings in SPS Commerce were worth $147,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of the stock. Vanguard Group Inc. raised its stake in shares of SPS Commerce by 5.3% in the 3rd quarter. Vanguard Group Inc. now owns 4,944,449 shares of the software maker’s stock valued at $514,915,000 after purchasing an additional 249,351 shares in the last quarter. Conestoga Capital Advisors LLC raised its stake in shares of SPS Commerce by 2.5% in the 3rd quarter. Conestoga Capital Advisors LLC now owns 1,281,511 shares of the software maker’s stock valued at $133,457,000 after purchasing an additional 30,769 shares in the last quarter. Disciplined Growth Investors Inc. MN raised its stake in shares of SPS Commerce by 86.4% in the 3rd quarter. Disciplined Growth Investors Inc. MN now owns 792,472 shares of the software maker’s stock valued at $82,528,000 after purchasing an additional 367,346 shares in the last quarter. Northern Trust Corp raised its stake in shares of SPS Commerce by 0.7% in the 3rd quarter. Northern Trust Corp now owns 505,116 shares of the software maker’s stock valued at $52,603,000 after purchasing an additional 3,394 shares in the last quarter. Finally, Van Berkom & Associates Inc. acquired a new stake in shares of SPS Commerce in the 3rd quarter valued at about $51,878,000. Institutional investors and hedge funds own 98.96% of the company’s stock.

SPS Commerce Stock Performance

NASDAQ SPSC opened at $57.62 on Monday. SPS Commerce, Inc. has a 52 week low of $50.55 and a 52 week high of $153.16. The stock has a market cap of $2.13 billion, a price-to-earnings ratio of 23.52 and a beta of 0.62. The company has a 50-day moving average price of $58.79 and a two-hundred day moving average price of $80.00.

SPS Commerce (NASDAQ:SPSC) last posted its earnings results on Thursday, February 12th. The software maker reported $1.14 EPS for the quarter, topping the consensus estimate of $1.00 by $0.14. SPS Commerce had a net margin of 12.42% and a return on equity of 12.73%. The firm had revenue of $192.65 million during the quarter, compared to analysts’ expectations of $193.60 million. During the same quarter in the prior year, the firm earned $0.89 EPS. SPS Commerce’s quarterly revenue was up 12.7% on a year-over-year basis. 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 research analysts expect that SPS Commerce, Inc. will post 2.73 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the stock. Cantor Fitzgerald set a $70.00 target price on shares of SPS Commerce in a research note on Friday, February 13th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of SPS Commerce in a research report on Thursday, January 22nd. Wall Street Zen downgraded shares of SPS Commerce from a “buy” rating to a “hold” rating in a research report on Saturday. Morgan Stanley set a $95.00 price objective on shares of SPS Commerce in a research report on Friday, February 13th. Finally, Citigroup reaffirmed a “buy” rating and set a $84.00 price objective (down from $110.00) on shares of SPS Commerce in a research report on Friday, February 13th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $84.91.

Insider Activity

In other SPS Commerce news, CFO Kimberly K. Nelson sold 6,300 shares of the company’s stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $58.66, for a total value of $369,558.00. Following the completion of the transaction, the chief financial officer owned 145,452 shares in the company, valued at approximately $8,532,214.32. This represents a 4.15% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Chadwick Collins sold 13,384 shares of the company’s stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $58.66, for a total transaction of $785,105.44. Following the completion of the transaction, the chief executive officer owned 72,241 shares of the company’s stock, valued at approximately $4,237,657.06. This trade represents a 15.63% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 24,102 shares of company stock worth $1,425,328 in the last quarter. Company insiders own 0.98% 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.