Geneva Capital Management LLC Sells 139,044 Shares of SPS Commerce, Inc. $SPSC

Geneva Capital Management LLC lowered its holdings in shares of SPS Commerce, Inc. (NASDAQ:SPSC) by 22.5% in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 479,987 shares of the software maker’s stock after selling 139,044 shares during the period. Geneva Capital Management LLC owned about 1.27% of SPS Commerce worth $49,986,000 as of its most recent filing with the SEC.

Several other large investors have also bought and sold shares of SPSC. Van Berkom & Associates Inc. acquired a new stake in SPS Commerce in the third quarter valued at approximately $51,878,000. Norges Bank bought a new position in shares of SPS Commerce in the 2nd quarter valued at $57,540,000. Champlain Investment Partners LLC bought a new position in shares of SPS Commerce in the 3rd quarter valued at $36,735,000. Disciplined Growth Investors Inc. MN boosted its holdings in shares of SPS Commerce by 188.0% during the 2nd quarter. Disciplined Growth Investors Inc. MN now owns 425,126 shares of the software maker’s stock valued at $57,855,000 after acquiring an additional 277,499 shares in the last quarter. Finally, Vanguard Group Inc. boosted its holdings in shares of SPS Commerce by 5.3% during the 3rd quarter. Vanguard Group Inc. now owns 4,944,449 shares of the software maker’s stock valued at $514,915,000 after acquiring an additional 249,351 shares in the last quarter. 98.96% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, CEO Chadwick Collins sold 13,384 shares of SPS Commerce stock in a transaction on Friday, February 20th. The shares were 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 $4,237,657.06. This trade represents a 15.63% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Marty M. Reaume sold 1,732 shares of the business’s stock in a transaction on Wednesday, January 7th. The shares were sold at an average price of $92.26, for a total transaction of $159,794.32. Following the completion of the transaction, the director owned 9,158 shares in the company, valued at approximately $844,917.08. The trade was a 15.90% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 24,834 shares of company stock worth $1,527,223 over the last quarter. Company insiders own 0.98% of the company’s stock.

SPS Commerce Trading Down 1.7%

Shares of SPSC opened at $61.13 on Wednesday. The stock’s 50-day moving average price is $77.11 and its two-hundred day moving average price is $90.21. SPS Commerce, Inc. has a 12 month low of $52.56 and a 12 month high of $153.16. The company has a market capitalization of $2.29 billion, a PE ratio of 24.95 and a beta of 0.62.

SPS Commerce (NASDAQ:SPSC) last issued its quarterly earnings data 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 company had revenue of $192.65 million during the quarter, compared to the consensus estimate of $193.60 million. During the same period last year, the company earned $0.89 earnings per share. The firm’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. Equities research analysts predict that SPS Commerce, Inc. will post 2.73 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages have issued reports on SPSC. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of SPS Commerce in a report on Thursday, January 22nd. Citigroup reissued a “buy” rating and set a $84.00 price target (down from $110.00) on shares of SPS Commerce in a research note on Friday, February 13th. Stifel Nicolaus set a $65.00 price objective on SPS Commerce and gave the company a “hold” rating in a research note on Friday, February 13th. Robert W. Baird set a $86.00 target price on shares of SPS Commerce in a research report on Friday, February 13th. Finally, Cantor Fitzgerald set a $70.00 target price on shares of SPS Commerce in a report on Friday, February 13th. One 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 issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $87.40.

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.