Healthcare of Ontario Pension Plan Trust Fund Purchases 104,134 Shares of SPS Commerce, Inc. $SPSC

Healthcare of Ontario Pension Plan Trust Fund boosted its position in SPS Commerce, Inc. (NASDAQ:SPSC) by 92.0% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 217,277 shares of the software maker’s stock after purchasing an additional 104,134 shares during the period. Healthcare of Ontario Pension Plan Trust Fund’s holdings in SPS Commerce were worth $12,096,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. UBS Group AG increased its position in SPS Commerce by 182.3% during the fourth quarter. UBS Group AG now owns 1,295,267 shares of the software maker’s stock worth $115,447,000 after buying an additional 836,407 shares during the last quarter. Norges Bank bought a new stake in SPS Commerce in the fourth quarter valued at approximately $49,883,000. Irenic Capital Management LP acquired a new stake in shares of SPS Commerce in the fourth quarter valued at approximately $40,293,000. Walleye Capital LLC lifted its position in shares of SPS Commerce by 1,749.1% in the first quarter. Walleye Capital LLC now owns 457,635 shares of the software maker’s stock valued at $25,477,000 after buying an additional 432,886 shares during the last quarter. Finally, Disciplined Growth Investors Inc. MN boosted its stake in shares of SPS Commerce by 86.4% during the 3rd quarter. Disciplined Growth Investors Inc. MN now owns 792,472 shares of the software maker’s stock worth $82,528,000 after acquiring an additional 367,346 shares during the period. Institutional investors own 98.96% of the company’s stock.

SPS Commerce Stock Performance

SPSC opened at $68.50 on Wednesday. The stock has a fifty day moving average of $57.97 and a 200-day moving average of $62.64. The company has a market capitalization of $2.51 billion, a P/E ratio of 28.54 and a beta of 0.56. SPS Commerce, Inc. has a fifty-two week low of $49.04 and a fifty-two week high of $141.98.

SPS Commerce (NASDAQ:SPSC) last released its quarterly earnings results on Thursday, April 30th. The software maker reported $1.10 EPS for the quarter, topping analysts’ consensus estimates of $0.97 by $0.13. SPS Commerce had a net margin of 11.92% and a return on equity of 12.43%. The business had revenue of $192.12 million for the quarter, compared to analyst estimates of $192.50 million. During the same period last year, the firm earned $1.00 earnings per share. SPS Commerce’s revenue for the quarter was up 5.8% compared to the same quarter last year. 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 3.43 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

SPSC has been the topic of a number of recent analyst reports. Rothschild & Co Redburn set a $60.00 target price on SPS Commerce and gave the stock a “neutral” rating in a report on Thursday, April 16th. Citigroup reaffirmed a “buy” rating and set a $82.00 price target (up from $76.00) on shares of SPS Commerce in a report on Tuesday, July 21st. Zacks Research raised shares of SPS Commerce from a “strong sell” rating to a “hold” rating in a research report on Monday, July 20th. Cantor Fitzgerald set a $60.00 price objective on shares of SPS Commerce and gave the stock a “neutral” rating in a research report on Friday, May 1st. Finally, Stifel Nicolaus set a $60.00 price objective on shares of SPS Commerce in a report on Friday, May 1st. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, seven have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $75.82.

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.