SPS Commerce (NASDAQ:SPSC) Posts Quarterly Earnings Results, Beats Estimates By $0.12 EPS

SPS Commerce (NASDAQ:SPSC) issued its earnings results on Thursday. The software maker reported $1.10 earnings per share for the quarter, topping the consensus estimate of $0.98 by $0.12, FiscalAI reports. SPS Commerce had a return on equity of 12.73% and a net margin of 12.42%.The business had revenue of $192.12 million for the quarter, compared to analyst estimates of $192.71 million. SPS Commerce updated its FY 2026 guidance to 4.730-4.760 EPS and its Q2 2026 guidance to 1.060-1.090 EPS.

SPS Commerce Stock Performance

Shares of NASDAQ SPSC traded up $0.94 during midday trading on Thursday, reaching $56.12. 708,908 shares of the company’s stock were exchanged, compared to its average volume of 725,570. SPS Commerce has a 52-week low of $50.55 and a 52-week high of $153.16. The stock has a market capitalization of $2.07 billion, a PE ratio of 22.91 and a beta of 0.62. The business’s fifty day moving average price is $57.21 and its two-hundred day moving average price is $77.35.

Insider Transactions at SPS Commerce

In related news, CEO Chadwick Collins sold 13,384 shares of SPS Commerce stock in a transaction dated 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 transaction, the chief executive officer directly owned 72,241 shares in the company, valued at approximately $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 is accessible through this link. Also, Director Marty M. Reaume sold 1,000 shares of SPS Commerce stock in a transaction dated Tuesday, April 7th. The stock was sold at an average price of $57.90, for a total value of $57,900.00. Following the completion of the transaction, the director owned 9,158 shares of the company’s stock, valued at $530,248.20. This trade represents a 9.84% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 24,102 shares of company stock valued at $1,425,328 over the last ninety days. 0.98% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On SPS Commerce

A number of hedge funds and other institutional investors have recently bought and sold shares of SPSC. NewEdge Advisors LLC boosted its stake in SPS Commerce by 545.7% in 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 period. Advisory Services Network LLC acquired a new position in SPS Commerce in the third quarter valued at approximately $32,000. Global Retirement Partners LLC boosted its stake in SPS Commerce by 2,130.0% in the fourth quarter. Global Retirement Partners LLC now owns 446 shares of the software maker’s stock valued at $40,000 after acquiring an additional 426 shares during the period. Summit Securities Group LLC acquired a new position in shares of SPS Commerce during the fourth quarter worth approximately $45,000. Finally, Danske Bank A S acquired a new position in shares of SPS Commerce during the third quarter worth approximately $52,000. 98.96% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts have commented on the company. 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 research report on Tuesday, February 17th. Craig Hallum lowered SPS Commerce from a “buy” rating to a “hold” rating and set a $70.00 price objective on the stock. in a research report on Friday, February 13th. Weiss Ratings reissued a “sell (d+)” rating on shares of SPS Commerce in a research report on Thursday, January 22nd. Citigroup reissued a “buy” rating and issued a $84.00 price objective (down from $110.00) on shares of SPS Commerce in a research report on Friday, February 13th. Finally, Cantor Fitzgerald set a $70.00 price objective on SPS Commerce in a research 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 issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average price target of $84.91.

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.