Semanteon Capital Management LP Invests $715,000 in SPS Commerce, Inc. $SPSC

Semanteon Capital Management LP acquired a new position in shares of SPS Commerce, Inc. (NASDAQ:SPSC) in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund acquired 5,251 shares of the software maker’s stock, valued at approximately $715,000.

Several other institutional investors also recently bought and sold shares of SPSC. Universal Beteiligungs und Servicegesellschaft mbH lifted its holdings in shares of SPS Commerce by 15.1% during the 2nd quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 32,939 shares of the software maker’s stock valued at $4,483,000 after purchasing an additional 4,317 shares during the last quarter. Summitry LLC purchased a new stake in SPS Commerce in the second quarter valued at about $244,000. Intech Investment Management LLC boosted its holdings in SPS Commerce by 0.7% in the second quarter. Intech Investment Management LLC now owns 23,969 shares of the software maker’s stock worth $3,262,000 after acquiring an additional 171 shares in the last quarter. Cetera Investment Advisers grew its stake in shares of SPS Commerce by 4.8% during the second quarter. Cetera Investment Advisers now owns 10,441 shares of the software maker’s stock worth $1,421,000 after acquiring an additional 477 shares during the last quarter. Finally, Creative Planning increased its holdings in shares of SPS Commerce by 10.5% during the second quarter. Creative Planning now owns 18,515 shares of the software maker’s stock valued at $2,520,000 after acquiring an additional 1,755 shares in the last quarter. 98.96% of the stock is currently owned by institutional investors and hedge funds.

SPS Commerce Price Performance

Shares of SPS Commerce stock opened at $81.55 on Monday. The stock has a market cap of $3.08 billion, a PE ratio of 37.41 and a beta of 0.71. The firm has a fifty day moving average price of $102.26 and a 200 day moving average price of $121.39. SPS Commerce, Inc. has a 1 year low of $73.05 and a 1 year high of $201.06.

SPS Commerce (NASDAQ:SPSC) last announced its quarterly earnings results on Thursday, October 30th. The software maker reported $1.13 earnings per share for the quarter, topping the consensus estimate of $0.99 by $0.14. The company had revenue of $189.90 million for the quarter, compared to the consensus estimate of $192.68 million. SPS Commerce had a return on equity of 12.10% and a net margin of 11.79%.The firm’s revenue for the quarter was up 16.0% compared to the same quarter last year. During the same period last year, the firm earned $0.92 EPS. SPS Commerce has set its FY 2025 guidance at 4.100-4.15 EPS. Q4 2025 guidance at 0.980-1.020 EPS. As a group, equities analysts expect that SPS Commerce, Inc. will post 2.73 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on SPSC. Northland Capmk upgraded shares of SPS Commerce from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 31st. DA Davidson lowered their price objective on shares of SPS Commerce from $125.00 to $80.00 and set a “neutral” rating for the company in a research note on Friday, October 31st. Northland Securities set a $109.00 price objective on shares of SPS Commerce in a report on Friday, October 31st. Needham & Company LLC reissued a “buy” rating and issued a $110.00 target price (down from $160.00) on shares of SPS Commerce in a research report on Friday, October 31st. Finally, Cantor Fitzgerald cut SPS Commerce from an “overweight” rating to a “neutral” rating and lowered their price target for the stock from $135.00 to $80.00 in a research report on Friday, October 31st. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $106.80.

SPS Commerce Profile

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.