Chadwick Collins Sells 13,384 Shares of SPS Commerce (NASDAQ:SPSC) Stock

SPS Commerce, Inc. (NASDAQ:SPSC) CEO Chadwick Collins sold 13,384 shares of the company’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 $785,105.44. Following the completion of the sale, the chief executive officer owned 72,241 shares of the company’s stock, valued at $4,237,657.06. This trade represents a 15.63% 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 the SEC website.

SPS Commerce Stock Down 0.1%

NASDAQ SPSC traded down $0.05 on Tuesday, reaching $54.17. 1,262,008 shares of the stock traded hands, compared to its average volume of 789,984. SPS Commerce, Inc. has a 12 month low of $53.72 and a 12 month high of $153.16. The company has a market cap of $2.03 billion, a price-to-earnings ratio of 22.11 and a beta of 0.56. The firm’s fifty day simple moving average is $84.08 and its 200 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 earnings per share for the quarter, beating the consensus estimate of $1.00 by $0.14. SPS Commerce had a return on equity of 12.73% and a net margin of 12.42%.The business had revenue of $192.65 million during the quarter, compared to analyst estimates of $193.60 million. During the same quarter in the prior year, the firm posted $0.89 earnings per share. The company’s 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 forecast that SPS Commerce, Inc. will post 2.73 EPS for the current fiscal year.

Institutional Investors Weigh In On SPS Commerce

Several hedge funds have recently bought and sold shares of the business. Bank of Montreal Can lifted its position in 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 buying an additional 11,927 shares in the last quarter. Van Berkom & Associates Inc. acquired a new position in shares of SPS Commerce in the third quarter worth $51,878,000. Fenimore Asset Management Inc increased its stake in shares of SPS Commerce by 17.8% in the third quarter. Fenimore Asset Management Inc now owns 145,888 shares of the software maker’s stock worth $15,193,000 after acquiring an additional 22,036 shares during the last quarter. Buckhead Capital Management LLC raised its holdings in shares of SPS Commerce by 284.7% during the third quarter. Buckhead Capital Management LLC now owns 35,945 shares of the software maker’s stock worth $3,743,000 after acquiring an additional 26,602 shares in the last quarter. Finally, Caxton Associates LLP acquired a new stake in SPS Commerce during the second quarter valued at $2,007,000. 98.96% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

SPSC has been the topic of several recent research reports. Wall Street Zen cut shares of SPS Commerce from a “buy” rating to a “hold” rating in a research note on Saturday, January 10th. Stifel Nicolaus set a $65.00 price target on SPS Commerce and gave the company a “hold” rating in a report on Friday, February 13th. Robert W. Baird set a $86.00 price objective on SPS Commerce in a research report on Friday, February 13th. Cantor Fitzgerald set a $70.00 target price on SPS Commerce in a report on Friday, February 13th. Finally, Northland Securities set a $109.00 target price on SPS Commerce in a report on Friday, October 31st. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, SPS Commerce currently has an average rating of “Hold” and a consensus price target of $87.40.

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.