SPS Commerce (NASDAQ:SPSC) Cut to “Hold” at Wall Street Zen

Wall Street Zen downgraded shares of SPS Commerce (NASDAQ:SPSC) from a buy rating to a hold rating in a research report sent to investors on Saturday morning.

Several other equities analysts have also recently weighed in on SPSC. Craig Hallum cut SPS Commerce from a “buy” rating to a “hold” rating and set a $70.00 price objective on the stock. in a report on Friday, February 13th. DA Davidson cut their price objective on SPS Commerce from $80.00 to $65.00 and set a “neutral” rating on the stock in a report on Tuesday, February 17th. Stifel Nicolaus set a $65.00 price objective on SPS Commerce and gave the company a “hold” rating in a report on Friday, February 13th. Citigroup reiterated a “buy” rating and set a $84.00 price objective (down from $110.00) on shares of SPS Commerce in a report on Friday, February 13th. Finally, Morgan Stanley set a $95.00 price objective on SPS Commerce in a report on Friday, February 13th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $84.91.

SPS Commerce Trading Up 1.0%

Shares of SPSC opened at $58.17 on Friday. SPS Commerce has a 1 year low of $50.55 and a 1 year high of $153.16. The stock has a market cap of $2.15 billion, a P/E ratio of 23.74 and a beta of 0.62. The stock’s 50-day moving average price is $58.44 and its two-hundred day moving average price is $79.68.

SPS Commerce (NASDAQ:SPSC) last issued its earnings results on Thursday, February 12th. The software maker reported $1.14 earnings per share (EPS) for the quarter, topping 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 for the quarter, compared to analysts’ expectations of $193.60 million. During the same quarter last year, the business earned $0.89 earnings per share. The company’s revenue 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 forecast that SPS Commerce will post 3.25 EPS for the current year.

Insider Transactions at SPS Commerce

In related news, Director Marty M. Reaume sold 1,000 shares of SPS Commerce stock in a transaction that occurred on Tuesday, April 7th. The stock was sold at an average price of $57.90, for a total value of $57,900.00. Following the sale, the director owned 9,158 shares of the company’s stock, valued at approximately $530,248.20. This trade represents a 9.84% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Kimberly K. Nelson sold 6,300 shares of the business’s stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $58.66, for a total value of $369,558.00. Following the transaction, the chief financial officer directly owned 145,452 shares in the company, valued at $8,532,214.32. This trade represents a 4.15% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 24,102 shares of company stock worth $1,425,328 in the last 90 days. 0.98% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in SPSC. Salomon & Ludwin LLC acquired a new position in shares of SPS Commerce during the 3rd quarter worth approximately $28,000. NewEdge Advisors LLC increased its position in shares of SPS Commerce by 545.7% during the 1st quarter. NewEdge Advisors LLC now owns 226 shares of the software maker’s stock worth $30,000 after purchasing an additional 191 shares during the last quarter. Advisory Services Network LLC acquired a new position in shares of SPS Commerce during the 3rd quarter worth approximately $32,000. Global Retirement Partners LLC boosted its stake 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 acquiring an additional 426 shares during the period. Finally, Summit Securities Group LLC bought a new position in shares of SPS Commerce during the 4th quarter worth approximately $45,000. Institutional investors and hedge funds own 98.96% of the company’s stock.

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.