JPMorgan Chase & Co. Sells 57,923 Shares of SPS Commerce, Inc. $SPSC

JPMorgan Chase & Co. decreased its position in shares of SPS Commerce, Inc. (NASDAQ:SPSC) by 11.1% during the 3rd quarter, HoldingsChannel reports. The fund owned 464,957 shares of the software maker’s stock after selling 57,923 shares during the period. JPMorgan Chase & Co.’s holdings in SPS Commerce were worth $48,421,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Van Berkom & Associates Inc. bought a new position in SPS Commerce in the third quarter valued at about $51,878,000. Norges Bank acquired a new position in shares of SPS Commerce in the second quarter valued at approximately $57,540,000. Disciplined Growth Investors Inc. MN increased its stake in shares of SPS Commerce by 188.0% in the second quarter. Disciplined Growth Investors Inc. MN now owns 425,126 shares of the software maker’s stock valued at $57,855,000 after buying an additional 277,499 shares during the period. Walleye Capital LLC bought a new position in SPS Commerce in the 2nd quarter valued at approximately $20,250,000. Finally, Tran Capital Management L.P. acquired a new stake in SPS Commerce during the 3rd quarter worth approximately $15,370,000. Institutional investors and hedge funds own 98.96% of the company’s stock.

Insiders Place Their Bets

In other SPS Commerce news, CEO Chadwick Collins sold 13,384 shares of the stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $58.66, for a total transaction of $785,105.44. Following the transaction, the chief executive officer directly owned 72,241 shares in the company, valued at approximately $4,237,657.06. This represents a 15.63% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Kimberly K. Nelson sold 6,300 shares of the firm’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 transaction of $369,558.00. Following the sale, the chief financial officer directly owned 145,452 shares of the company’s stock, valued at approximately $8,532,214.32. This trade represents a 4.15% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 24,834 shares of company stock valued at $1,527,223 in the last ninety days. 0.98% of the stock is owned by corporate insiders.

Analyst Ratings Changes

SPSC has been the subject of several recent research reports. Morgan Stanley set a $95.00 price target on shares of SPS Commerce in a research report on Friday, February 13th. Weiss Ratings restated a “sell (d+)” rating on shares of SPS Commerce in a report on Thursday, January 22nd. Robert W. Baird set a $86.00 target price on SPS Commerce in a research report on Friday, February 13th. Northland Securities set a $109.00 price target on SPS Commerce in a research report on Friday, October 31st. Finally, Stifel Nicolaus set a $65.00 price target on SPS Commerce and gave the company a “hold” rating in a research note on Friday, February 13th. One 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 MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $87.40.

SPS Commerce Stock Up 5.7%

SPSC stock opened at $57.25 on Friday. The firm has a market cap of $2.14 billion, a price-to-earnings ratio of 23.37 and a beta of 0.56. The company’s fifty day simple moving average is $82.00 and its 200 day simple moving average is $93.36. SPS Commerce, Inc. has a 12-month low of $52.56 and a 12-month high of $153.16.

SPS Commerce (NASDAQ:SPSC) last posted its quarterly earnings data on Thursday, February 12th. The software maker reported $1.14 earnings per share for the quarter, topping the consensus estimate of $1.00 by $0.14. The firm had revenue of $192.65 million during the quarter, compared to analyst estimates of $193.60 million. SPS Commerce had a return on equity of 12.73% and a net margin of 12.42%.The business’s quarterly revenue was up 12.7% on a year-over-year basis. During the same period last year, the company posted $0.89 EPS. 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. Research analysts expect that SPS Commerce, Inc. will post 2.73 earnings per share for the current year.

SPS Commerce 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.