Recent Analysts’ Ratings Changes for SPS Commerce (SPSC)

SPS Commerce (NASDAQ: SPSC) recently received a number of ratings updates from brokerages and research firms:

• 2/11/2025 – SPS Commerce had its price target lowered by analysts at Piper Sandler from $198.00 to $175.00. They now have a “neutral” rating on the stock.
• 2/11/2025 – SPS Commerce had its price target lowered by analysts at Robert W. Baird from $188.00 to $175.00. They now have a “neutral” rating on the stock.
• 2/11/2025 – SPS Commerce had its “market perform” rating reaffirmed by analysts at Northland Securities. They now have a $181.00 price target on the stock, down previously from $209.00.
• 2/11/2025 – SPS Commerce had its price target lowered by analysts at Stifel Nicolaus from $225.00 to $200.00. They now have a “buy” rating on the stock.
• 2/11/2025 – SPS Commerce had its price target lowered by analysts at Needham & Company LLC from $230.00 to $210.00. They now have a “buy” rating on the stock.
• 1/27/2025 – SPS Commerce had its price target lowered by analysts at Citigroup Inc. from $237.00 to $233.00. They now have a “buy” rating on the stock.
• 1/15/2025 – SPS Commerce had its “buy” rating reaffirmed by analysts at Needham & Company LLC. They now have a $230.00 price target on the stock.
• 1/3/2025 – SPS Commerce had its price target lowered by analysts at Stifel Nicolaus from $250.00 to $225.00. They now have a “buy” rating on the stock.
• 1/3/2025 – SPS Commerce had its “buy” rating reaffirmed by analysts at Needham & Company LLC. They now have a $230.00 price target on the stock.

SPS Commerce Stock Up 0.9 %

Shares of NASDAQ SPSC opened at $133.20 on Monday. The stock has a market capitalization of $5.03 billion, a price-to-earnings ratio of 65.29 and a beta of 0.88. SPS Commerce, Inc. has a 52 week low of $131.31 and a 52 week high of $218.61. The firm has a 50-day simple moving average of $174.04 and a 200-day simple moving average of $184.29.

SPS Commerce (NASDAQ:SPSC) last posted its quarterly earnings results on Monday, February 10th. The software maker reported $0.66 EPS for the quarter, missing the consensus estimate of $0.87 by ($0.21). SPS Commerce had a net margin of 12.08% and a return on equity of 12.27%. As a group, equities research analysts expect that SPS Commerce, Inc. will post 2.73 EPS for the current year.

Insiders Place Their Bets

In related news, EVP Dan Juckniess sold 2,591 shares of the firm’s stock in a transaction dated Wednesday, February 19th. The stock was sold at an average price of $148.02, for a total transaction of $383,519.82. Following the completion of the sale, the executive vice president now directly owns 1,367,584 shares of the company’s stock, valued at approximately $202,429,783.68. This trade represents a 0.19 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Kimberly K. Nelson sold 9,290 shares of the stock in a transaction dated Thursday, January 30th. The stock was sold at an average price of $184.68, for a total transaction of $1,715,677.20. Following the transaction, the chief financial officer now directly owns 156,292 shares of the company’s stock, valued at approximately $28,864,006.56. This trade represents a 5.61 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 43,695 shares of company stock valued at $7,781,086 over the last ninety days. Company insiders own 1.00% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in SPSC. Blue Trust Inc. raised its holdings in shares of SPS Commerce by 140.8% in the 3rd quarter. Blue Trust Inc. now owns 171 shares of the software maker’s stock valued at $32,000 after buying an additional 100 shares during the period. Advisors Asset Management Inc. increased its stake in SPS Commerce by 129.9% during the third quarter. Advisors Asset Management Inc. now owns 177 shares of the software maker’s stock worth $34,000 after purchasing an additional 100 shares during the period. SBI Securities Co. Ltd. acquired a new stake in shares of SPS Commerce during the fourth quarter worth about $40,000. Hurley Capital LLC purchased a new position in shares of SPS Commerce in the fourth quarter valued at approximately $41,000. Finally, R Squared Ltd acquired a new position in shares of SPS Commerce in the fourth quarter valued at approximately $57,000. 98.96% of the stock is currently owned by institutional investors and hedge funds.

SPS Commerce, Inc provides cloud-based supply chain management solutions in the United States and internationally. It offers solutions through the SPS Commerce, a cloud-based platform that enhances the way retailers, grocers, suppliers, distributors, and logistics firms manage and fulfill omnichannel orders, optimize sell-through performance, and automate new trading relationships.