Tudor Investment Corp ET AL Boosts Stock Holdings in SPS Commerce, Inc. $SPSC

Tudor Investment Corp ET AL boosted its stake in shares of SPS Commerce, Inc. (NASDAQ:SPSC) by 161.5% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 70,389 shares of the software maker’s stock after buying an additional 43,476 shares during the period. Tudor Investment Corp ET AL’s holdings in SPS Commerce were worth $7,330,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the stock. CIBC Bancorp USA Inc. purchased a new position in SPS Commerce during the third quarter valued at $423,000. Danske Bank A S purchased a new position in SPS Commerce during the third quarter valued at $52,000. Advisory Services Network LLC purchased a new position in SPS Commerce during the third quarter valued at $32,000. CANADA LIFE ASSURANCE Co grew its stake in SPS Commerce by 0.4% during the third quarter. CANADA LIFE ASSURANCE Co now owns 70,706 shares of the software maker’s stock valued at $7,422,000 after acquiring an additional 285 shares in the last quarter. Finally, Woodline Partners LP purchased a new position in SPS Commerce during the third quarter valued at $474,000. 98.96% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, CEO Chadwick Collins sold 13,384 shares of SPS Commerce stock in a transaction dated 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 directly owned 72,241 shares of the company’s stock, valued at approximately $4,237,657.06. The trade was a 15.63% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Marty M. Reaume sold 1,000 shares of SPS Commerce stock in a transaction dated Monday, February 9th. The stock was sold at an average price of $79.92, for a total transaction of $79,920.00. Following the transaction, the director directly owned 9,158 shares of the company’s stock, valued at approximately $731,907.36. This represents a 9.84% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 23,102 shares of company stock valued at $1,367,428 in the last quarter. 0.98% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

SPSC has been the subject of a number of recent research reports. Morgan Stanley set a $95.00 price objective on shares of SPS Commerce in a research note on Friday, February 13th. Craig Hallum cut shares of SPS Commerce from a “buy” rating to a “hold” rating and set a $70.00 price objective for the company. in a research note on Friday, February 13th. Robert W. Baird set a $86.00 price objective on shares of SPS Commerce in a research note on Friday, February 13th. DA Davidson dropped their price objective on shares of SPS Commerce from $80.00 to $65.00 and set a “neutral” rating for the company in a research note on Tuesday, February 17th. Finally, Citigroup reissued a “buy” rating and issued a $84.00 price objective (down from $110.00) on shares of SPS Commerce in a research note on Friday, February 13th. One 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 company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $87.40.

SPS Commerce Trading Up 0.6%

SPSC stock opened at $58.48 on Wednesday. SPS Commerce, Inc. has a 12 month low of $52.56 and a 12 month high of $153.16. The company has a 50-day moving average price of $63.69 and a 200 day moving average price of $82.92. The stock has a market cap of $2.19 billion, a PE ratio of 23.87 and a beta of 0.62.

SPS Commerce (NASDAQ:SPSC) last released its quarterly earnings results on Thursday, February 12th. The software maker reported $1.14 EPS for the quarter, topping analysts’ consensus estimates of $1.00 by $0.14. SPS Commerce had a net margin of 12.42% and a return on equity of 12.73%. The firm had revenue of $192.65 million during the quarter, compared to analysts’ expectations of $193.60 million. During the same period in the previous year, the company earned $0.89 EPS. The firm’s revenue for the quarter 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. Sell-side analysts forecast that SPS Commerce, Inc. will post 2.73 EPS for the current year.

About SPS Commerce

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.