Assenagon Asset Management S.A. Has $3.30 Million Stock Holdings in SPS Commerce, Inc. $SPSC

Assenagon Asset Management S.A. decreased its position in SPS Commerce, Inc. (NASDAQ:SPSC) by 23.2% during the fourth quarter, HoldingsChannel reports. The firm owned 36,987 shares of the software maker’s stock after selling 11,162 shares during the quarter. Assenagon Asset Management S.A.’s holdings in SPS Commerce were worth $3,297,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of SPSC. Van Berkom & Associates Inc. acquired a new position in SPS Commerce during the 3rd quarter worth $51,878,000. Fenimore Asset Management Inc grew its position in shares of SPS Commerce by 17.8% in the third quarter. Fenimore Asset Management Inc now owns 145,888 shares of the software maker’s stock valued at $15,193,000 after purchasing an additional 22,036 shares during the last quarter. Buckhead Capital Management LLC increased its stake in shares of SPS Commerce by 284.7% in the third quarter. Buckhead Capital Management LLC now owns 35,945 shares of the software maker’s stock worth $3,743,000 after purchasing an additional 26,602 shares during the period. Caxton Associates LLP bought a new position in shares of SPS Commerce in the second quarter worth about $2,007,000. Finally, Champlain Investment Partners LLC acquired a new position in shares of SPS Commerce during the 3rd quarter worth about $36,735,000. 98.96% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts have issued reports on SPSC shares. DA Davidson lowered their target price on SPS Commerce from $80.00 to $65.00 and set a “neutral” rating on the stock in a report on Tuesday, February 17th. Weiss Ratings reiterated a “sell (d+)” rating on shares of SPS Commerce in a report on Thursday, January 22nd. Stifel Nicolaus set a $65.00 price objective on SPS Commerce and gave the company a “hold” rating in a research 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 target price on the stock. in a research report on Friday, February 13th. Finally, Morgan Stanley set a $95.00 target price on shares of SPS Commerce in a research note on Friday, February 13th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $87.40.

Insider Transactions at SPS Commerce

In other news, EVP Jamie Thingelstad sold 2,418 shares of the stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $54.94, for a total value of $132,844.92. Following the completion of the transaction, the executive vice president owned 56,344 shares in the company, valued at approximately $3,095,539.36. This represents a 4.11% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Chadwick Collins sold 13,384 shares of the firm’s stock in a transaction dated 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 of the company’s stock, valued at $4,237,657.06. The trade was a 15.63% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 24,834 shares of company stock valued at $1,527,223 in the last ninety days. 0.98% of the stock is owned by company insiders.

SPS Commerce Price Performance

SPSC stock opened at $54.49 on Monday. SPS Commerce, Inc. has a twelve month low of $52.56 and a twelve month high of $153.16. The company has a market cap of $2.04 billion, a PE ratio of 22.24 and a beta of 0.63. The business’s 50-day simple moving average is $68.52 and its 200 day simple moving average is $85.45.

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