Key Points
- Director Marty Reaume sold 1,732 shares of SPS Commerce on Jan. 7 at an average price of $92.26 for about $159,794, reducing his stake by 15.9% to 9,158 shares (valued at ~$844,917).
- SPS Commerce beat quarterly EPS estimates ($1.13 vs. $0.99), reported revenue up 16% year-over-year, and set FY2025 guidance of 4.10–4.15 EPS with Q4 guidance of 0.98–1.02 EPS.
- Analysts have a consensus rating of "Hold" with an average price target of $106.80; the stock trades at a P/E of ~42.4, a market cap of $3.56 billion, and is ~98.96% institutionally owned.
SPS Commerce, Inc. (NASDAQ:SPSC - Get Free Report) Director Marty Reaume sold 1,732 shares of the stock in a transaction on Wednesday, January 7th. The stock was sold at an average price of $92.26, for a total value of $159,794.32. Following the completion of the sale, the director owned 9,158 shares of the company's stock, valued at $844,917.08. The trade was a 15.90% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website.
SPS Commerce Stock Up 1.3%
NASDAQ SPSC opened at $94.49 on Friday. SPS Commerce, Inc. has a twelve month low of $73.05 and a twelve month high of $197.59. The business has a 50-day moving average price of $85.67 and a 200-day moving average price of $106.18. The firm has a market cap of $3.56 billion, a price-to-earnings ratio of 42.37 and a beta of 0.58.
SPS Commerce (NASDAQ:SPSC - Get Free Report) last announced its quarterly earnings data on Thursday, October 30th. The software maker reported $1.13 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.99 by $0.14. The business had revenue of $189.90 million during the quarter, compared to analyst estimates of $192.68 million. SPS Commerce had a net margin of 11.65% and a return on equity of 12.17%. The company's revenue was up 16.0% on a year-over-year basis. During the same period last year, the firm posted $0.92 EPS. SPS Commerce has set its FY 2025 guidance at 4.100-4.15 EPS and its Q4 2025 guidance at 0.980-1.020 EPS. Research analysts expect that SPS Commerce, Inc. will post 2.73 EPS for the current fiscal year.
Institutional Trading of SPS Commerce
Several institutional investors and hedge funds have recently made changes to their positions in SPSC. Hardy Reed LLC grew its holdings in shares of SPS Commerce by 2.8% in the second quarter. Hardy Reed LLC now owns 2,746 shares of the software maker's stock worth $374,000 after purchasing an additional 75 shares during the last quarter. UMB Bank n.a. increased its position in shares of SPS Commerce by 60.6% during the second quarter. UMB Bank n.a. now owns 212 shares of the software maker's stock worth $29,000 after acquiring an additional 80 shares during the period. MassMutual Private Wealth & Trust FSB raised its stake in shares of SPS Commerce by 41.1% during the second quarter. MassMutual Private Wealth & Trust FSB now owns 316 shares of the software maker's stock valued at $43,000 after acquiring an additional 92 shares in the last quarter. New York State Teachers Retirement System raised its stake in shares of SPS Commerce by 0.8% during the second quarter. New York State Teachers Retirement System now owns 12,828 shares of the software maker's stock valued at $1,746,000 after acquiring an additional 100 shares in the last quarter. Finally, Maryland State Retirement & Pension System boosted its holdings in shares of SPS Commerce by 0.9% in the second quarter. Maryland State Retirement & Pension System now owns 11,161 shares of the software maker's stock valued at $1,519,000 after purchasing an additional 103 shares during the period. 98.96% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
A number of research analysts recently weighed in on the stock. Wall Street Zen lowered shares of SPS Commerce from a "buy" rating to a "hold" rating in a report on Saturday. Robert W. Baird set a $104.00 price target on shares of SPS Commerce in a report on Friday, October 31st. DA Davidson reduced their price objective on SPS Commerce from $125.00 to $80.00 and set a "neutral" rating on the stock in a research note on Friday, October 31st. Citigroup lowered their price target on SPS Commerce from $145.00 to $110.00 and set a "buy" rating for the company in a research report on Friday, October 31st. Finally, Northland Securities set a $109.00 target price on shares of SPS Commerce in a research note on Friday, October 31st. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, eight have given a Hold rating and one has given 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 $106.80.
Read Our Latest Research Report on SPS Commerce
About SPS Commerce
(
Get Free Report)
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.
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