Caxton Associates LLP Invests $3.10 Million in SPS Commerce, Inc. $SPSC

Caxton Associates LLP acquired a new position in SPS Commerce, Inc. (NASDAQ:SPSC) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 55,588 shares of the software maker’s stock, valued at approximately $3,095,000.

Several other large investors also recently added to or reduced their stakes in the business. UBS Group AG grew its position in SPS Commerce by 182.3% during the fourth quarter. UBS Group AG now owns 1,295,267 shares of the software maker’s stock worth $115,447,000 after buying an additional 836,407 shares in the last quarter. Norges Bank purchased a new stake in shares of SPS Commerce in the 4th quarter valued at about $49,883,000. Irenic Capital Management LP purchased a new stake in shares of SPS Commerce in the 4th quarter valued at about $40,293,000. Walleye Capital LLC boosted its position in shares of SPS Commerce by 1,749.1% during the 1st quarter. Walleye Capital LLC now owns 457,635 shares of the software maker’s stock valued at $25,477,000 after acquiring an additional 432,886 shares during the last quarter. Finally, Disciplined Growth Investors Inc. MN boosted its position in shares of SPS Commerce by 86.4% during the 3rd quarter. Disciplined Growth Investors Inc. MN now owns 792,472 shares of the software maker’s stock valued at $82,528,000 after acquiring an additional 367,346 shares during the last quarter. Institutional investors own 98.96% of the company’s stock.

SPS Commerce Price Performance

Shares of SPSC opened at $61.16 on Friday. SPS Commerce, Inc. has a 1 year low of $49.04 and a 1 year high of $141.98. The stock has a 50 day simple moving average of $57.39 and a two-hundred day simple moving average of $63.18. The firm has a market cap of $2.25 billion, a P/E ratio of 25.48 and a beta of 0.56.

SPS Commerce (NASDAQ:SPSC) last posted its quarterly earnings results on Thursday, April 30th. The software maker reported $1.10 EPS for the quarter, topping the consensus estimate of $0.97 by $0.13. The firm had revenue of $192.12 million for the quarter, compared to the consensus estimate of $192.50 million. SPS Commerce had a net margin of 11.92% and a return on equity of 12.43%. The business’s revenue was up 5.8% compared to the same quarter last year. During the same period last year, the firm posted $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. On average, equities analysts anticipate that SPS Commerce, Inc. will post 3.43 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on SPSC shares. Zacks Research raised SPS Commerce from a “strong sell” rating to a “hold” rating in a report on Monday, July 20th. Weiss Ratings lowered shares of SPS Commerce from a “sell (d+)” rating to a “sell (d)” rating in a research report on Thursday. Stifel Nicolaus set a $60.00 price target on shares of SPS Commerce in a research note on Friday, May 1st. Citigroup restated a “buy” rating and set a $82.00 price objective (up from $76.00) on shares of SPS Commerce in a research report on Tuesday. Finally, Rothschild & Co Redburn set a $60.00 price objective on shares of SPS Commerce and gave the stock a “neutral” rating in a report 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 assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $75.82.

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.