16,700 Shares in SPS Commerce, Inc. $SPSC Purchased by Louisiana State Employees Retirement System

Louisiana State Employees Retirement System acquired a new stake in shares of SPS Commerce, Inc. (NASDAQ:SPSC) during the 1st quarter, according to its most recent disclosure with the SEC. The fund acquired 16,700 shares of the software maker’s stock, valued at approximately $930,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the company. NewEdge Advisors LLC raised its position in shares of SPS Commerce by 545.7% in the 1st quarter. NewEdge Advisors LLC now owns 226 shares of the software maker’s stock worth $30,000 after acquiring an additional 191 shares in the last quarter. Advisory Services Network LLC bought a new stake in shares of SPS Commerce during the third quarter valued at approximately $32,000. Global Retirement Partners LLC grew its stake in SPS Commerce by 2,130.0% in the fourth quarter. Global Retirement Partners LLC now owns 446 shares of the software maker’s stock worth $40,000 after purchasing an additional 426 shares during the period. Summit Securities Group LLC purchased a new stake in SPS Commerce in the fourth quarter worth $45,000. Finally, Park Place Capital Corp raised its holdings in SPS Commerce by 29.7% in the fourth quarter. Park Place Capital Corp now owns 564 shares of the software maker’s stock worth $50,000 after purchasing an additional 129 shares in the last quarter. Hedge funds and other institutional investors own 98.96% of the company’s stock.

Insider Transactions at SPS Commerce

In other news, Director Marty M. Reaume sold 1,000 shares of the company’s stock in a transaction that occurred on Tuesday, April 7th. The shares were sold at an average price of $57.90, for a total value of $57,900.00. Following the transaction, the director owned 9,158 shares in the company, valued at approximately $530,248.20. This represents a 9.84% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.58% of the company’s stock.

Analyst Ratings Changes

SPSC has been the topic of a number of research reports. Weiss Ratings cut shares of SPS Commerce from a “sell (d+)” rating to a “sell (d)” rating in a report on Wednesday, May 13th. Rothschild & Co Redburn set a $60.00 price target on shares of SPS Commerce and gave the stock a “neutral” rating in a research note on Thursday, April 16th. Wall Street Zen raised shares of SPS Commerce from a “hold” rating to a “buy” rating in a research report on Saturday, May 16th. Stifel Nicolaus set a $60.00 price objective on shares of SPS Commerce in a research note on Friday, May 1st. Finally, DA Davidson set a $55.00 price objective on shares of SPS Commerce and gave the stock a “neutral” rating in a research note on Wednesday. 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 stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $76.45.

SPS Commerce Stock Performance

SPS Commerce stock opened at $59.06 on Monday. The business’s fifty day simple moving average is $55.02 and its two-hundred day simple moving average is $66.00. SPS Commerce, Inc. has a 12 month low of $49.04 and a 12 month high of $143.55. The company has a market capitalization of $2.17 billion, a price-to-earnings ratio of 24.61 and a beta of 0.56.

SPS Commerce (NASDAQ:SPSC) last issued its quarterly earnings results on Thursday, April 30th. The software maker reported $1.10 earnings per share for the quarter, beating the consensus estimate of $0.97 by $0.13. The firm had revenue of $192.12 million during the quarter, compared to the consensus estimate of $192.50 million. SPS Commerce had a return on equity of 12.43% and a net margin of 11.92%.The company’s revenue was up 5.8% on a year-over-year basis. During the same period last year, the company earned $1.00 earnings per share. SPS Commerce has set its FY 2026 guidance at 4.730-4.760 EPS and its Q2 2026 guidance at 1.060-1.090 EPS. On average, equities research analysts predict that SPS Commerce, Inc. will post 3.35 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.