Van Berkom & Associates Inc. Increases Stake in SPS Commerce, Inc. $SPSC

Van Berkom & Associates Inc. lifted its holdings in shares of SPS Commerce, Inc. (NASDAQ:SPSC) by 9.9% during the 1st quarter, Holdings Channel.com reports. The firm owned 678,236 shares of the software maker’s stock after buying an additional 61,350 shares during the quarter. Van Berkom & Associates Inc.’s holdings in SPS Commerce were worth $37,757,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. State Street Corp lifted its stake in SPS Commerce by 0.6% in the fourth quarter. State Street Corp now owns 1,468,312 shares of the software maker’s stock worth $130,871,000 after purchasing an additional 8,163 shares during the last quarter. UBS Group AG grew its stake in shares of SPS Commerce by 182.3% during the fourth quarter. UBS Group AG now owns 1,295,267 shares of the software maker’s stock valued at $115,447,000 after buying an additional 836,407 shares during the last quarter. Disciplined Growth Investors Inc. MN grew its stake in shares of SPS Commerce by 86.4% during the third quarter. Disciplined Growth Investors Inc. MN now owns 792,472 shares of the software maker’s stock valued at $82,528,000 after buying an additional 367,346 shares during the last quarter. Goldman Sachs Group Inc. increased its holdings in shares of SPS Commerce by 69.1% in the fourth quarter. Goldman Sachs Group Inc. now owns 661,610 shares of the software maker’s stock worth $58,969,000 after buying an additional 270,424 shares during the period. Finally, Norges Bank purchased a new position in shares of SPS Commerce in the fourth quarter worth about $49,883,000. Hedge funds and other institutional investors own 98.96% of the company’s stock.

SPS Commerce Stock Performance

NASDAQ SPSC opened at $65.59 on Monday. The stock has a market cap of $2.41 billion, a P/E ratio of 27.33 and a beta of 0.56. SPS Commerce, Inc. has a fifty-two week low of $49.04 and a fifty-two week high of $143.55. The stock has a 50 day simple moving average of $56.35 and a two-hundred day simple moving average of $63.97.

SPS Commerce (NASDAQ:SPSC) last posted its earnings results on Thursday, April 30th. The software maker reported $1.10 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.97 by $0.13. The firm had revenue of $192.12 million for the quarter, compared to analysts’ expectations of $192.50 million. SPS Commerce had a return on equity of 12.43% and a net margin of 11.92%.The business’s revenue was up 5.8% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.00 earnings per share. SPS Commerce has set its FY 2026 guidance at 4.730-4.760 EPS and its Q2 2026 guidance at 1.060-1.090 EPS. Sell-side analysts predict that SPS Commerce, Inc. will post 3.35 earnings per share for the current year.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on SPSC shares. Morgan Stanley set a $70.00 target price on SPS Commerce in a report on Friday, May 1st. DA Davidson set a $55.00 price target on SPS Commerce and gave the stock a “neutral” rating in a research note on Wednesday, July 1st. Wall Street Zen downgraded SPS Commerce from a “buy” rating to a “hold” rating in a research report on Saturday. Stifel Nicolaus set a $60.00 target price on shares of SPS Commerce in a report on Friday, May 1st. Finally, Rothschild & Co Redburn set a $60.00 target price on shares of SPS Commerce and gave the stock a “neutral” rating in a research note on Thursday, April 16th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, seven have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $76.45.

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.