SPS Commerce, Inc. $SPSC Stake Trimmed by Nordea Investment Management AB

Nordea Investment Management AB cut its position in shares of SPS Commerce, Inc. (NASDAQ:SPSC) by 5.8% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 1,216,642 shares of the software maker’s stock after selling 75,414 shares during the period. Nordea Investment Management AB’s holdings in SPS Commerce were worth $108,792,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Advisors Asset Management Inc. lifted its position in shares of SPS Commerce by 39.9% in the 1st quarter. Advisors Asset Management Inc. now owns 393 shares of the software maker’s stock valued at $52,000 after acquiring an additional 112 shares in the last quarter. AQR Capital Management LLC grew its position in SPS Commerce by 2.0% during the 1st quarter. AQR Capital Management LLC now owns 14,134 shares of the software maker’s stock worth $1,876,000 after purchasing an additional 275 shares in the last quarter. NewEdge Advisors LLC raised its stake in SPS Commerce by 545.7% during the 1st quarter. NewEdge Advisors LLC now owns 226 shares of the software maker’s stock valued at $30,000 after purchasing an additional 191 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its holdings in shares of SPS Commerce by 7.4% in the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 9,750 shares of the software maker’s stock valued at $1,327,000 after purchasing an additional 669 shares in the last quarter. Finally, Creative Planning lifted its holdings in shares of SPS Commerce by 10.5% in the second quarter. Creative Planning now owns 18,515 shares of the software maker’s stock valued at $2,520,000 after purchasing an additional 1,755 shares in the last quarter. 98.96% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages have recently weighed in on SPSC. Wall Street Zen upgraded SPS Commerce from a “hold” rating to a “buy” rating in a report on Saturday, March 14th. Weiss Ratings restated a “sell (d+)” rating on shares of SPS Commerce in a research report on Thursday, January 22nd. Robert W. Baird set a $86.00 target price on SPS Commerce in a report on Friday, February 13th. Craig Hallum lowered shares of SPS Commerce from a “buy” rating to a “hold” rating and set a $70.00 price target for the company. in a research report on Friday, February 13th. Finally, Cantor Fitzgerald set a $70.00 price objective on shares of SPS Commerce in a research report on Friday, February 13th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $87.40.

Insider Buying and Selling at SPS Commerce

In other SPS Commerce news, CFO Kimberly K. Nelson sold 6,300 shares of the business’s stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $58.66, for a total value of $369,558.00. Following the completion of the sale, the chief financial officer directly owned 145,452 shares of the company’s stock, valued at $8,532,214.32. The trade was a 4.15% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Jamie Thingelstad sold 2,418 shares of the stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $54.94, for a total transaction of $132,844.92. Following the transaction, the executive vice president owned 56,344 shares in the company, valued at approximately $3,095,539.36. This trade represents a 4.11% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 24,834 shares of company stock worth $1,527,223 in the last ninety days. Insiders own 0.98% of the company’s stock.

SPS Commerce Price Performance

Shares of NASDAQ SPSC opened at $57.95 on Monday. SPS Commerce, Inc. has a one year low of $52.56 and a one year high of $153.16. The business’s 50-day moving average price is $72.14 and its two-hundred day moving average price is $87.37. The company has a market capitalization of $2.17 billion, a P/E ratio of 23.65 and a beta of 0.63.

SPS Commerce (NASDAQ:SPSC) last posted its quarterly earnings results on Thursday, February 12th. The software maker reported $1.14 earnings per share for the quarter, topping analysts’ consensus estimates of $1.00 by $0.14. The company had revenue of $192.65 million during the quarter, compared to the consensus estimate 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 business earned $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. On average, equities analysts anticipate that SPS Commerce, Inc. will post 2.73 EPS for the current year.

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.