SPS Commerce (NASDAQ:SPSC) Reaches New 12-Month Low – Time to Sell?

SPS Commerce, Inc. (NASDAQ:SPSC)’s share price reached a new 52-week low on Monday . The stock traded as low as $54.67 and last traded at $54.6680, with a volume of 34759 shares changing hands. The stock had previously closed at $57.95.

Analysts Set New Price Targets

A number of research analysts have recently commented on the company. Needham & Company LLC restated a “buy” rating and issued a $110.00 target price (down previously from $160.00) on shares of SPS Commerce in a research note on Friday, October 31st. Robert W. Baird set a $86.00 target price on shares of SPS Commerce in a report on Friday, February 13th. DA Davidson reduced their target price on shares of SPS Commerce from $80.00 to $65.00 and set a “neutral” rating on the stock in a research report on Tuesday, February 17th. Craig Hallum cut shares of SPS Commerce from a “buy” rating to a “hold” rating and set a $70.00 price target for the company. in a research report on Friday, February 13th. Finally, Stifel Nicolaus set a $65.00 price objective on shares of SPS Commerce and gave the stock a “hold” rating in a report on Friday, February 13th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $87.40.

SPS Commerce Price Performance

The firm’s 50 day moving average price is $84.72 and its 200-day moving average price is $94.65. The stock has a market cap of $2.08 billion, a P/E ratio of 22.50 and a beta of 0.56.

SPS Commerce (NASDAQ:SPSC) last announced its quarterly earnings data on Thursday, February 12th. The software maker reported $1.14 earnings per share for the quarter, topping analysts’ consensus estimates of $1.00 by $0.14. SPS Commerce had a net margin of 12.42% and a return on equity of 12.73%. The company had revenue of $192.65 million during the quarter, compared to analyst estimates of $193.60 million. During the same period in the previous year, the business earned $0.89 EPS. The firm’s revenue for the quarter 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. On average, analysts expect that SPS Commerce, Inc. will post 2.73 earnings per share for the current year.

Insider Buying and Selling

In other SPS Commerce news, Director Marty M. Reaume sold 1,000 shares of the company’s stock in a transaction dated Monday, February 9th. The shares were sold at an average price of $79.92, for a total transaction of $79,920.00. Following the transaction, the director owned 9,158 shares in the company, valued at approximately $731,907.36. This represents a 9.84% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.98% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in SPSC. Advisors Asset Management Inc. raised 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 buying an additional 112 shares during the last quarter. AQR Capital Management LLC increased its position in SPS Commerce by 2.0% during the first quarter. AQR Capital Management LLC now owns 14,134 shares of the software maker’s stock valued at $1,876,000 after acquiring an additional 275 shares during the last quarter. NewEdge Advisors LLC increased its position in SPS Commerce by 545.7% during the first quarter. NewEdge Advisors LLC now owns 226 shares of the software maker’s stock valued at $30,000 after acquiring an additional 191 shares during the last quarter. CWM LLC lifted its holdings in SPS Commerce by 120.4% in the second quarter. CWM LLC now owns 1,589 shares of the software maker’s stock valued at $216,000 after acquiring an additional 868 shares during the period. Finally, Allianz Asset Management GmbH purchased a new position in SPS Commerce in the second quarter worth about $611,000. Institutional investors 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.