SPS Commerce (NASDAQ:SPSC) Downgraded by Rothschild & Co Redburn to “Hold”

Rothschild & Co Redburn cut shares of SPS Commerce (NASDAQ:SPSC) from a strong-buy rating to a hold rating in a report released on Thursday morning, Marketbeat.com reports. Rothschild & Co Redburn currently has $60.00 target price on the software maker’s stock.

A number of other equities analysts have also recently commented on the stock. Robert W. Baird set a $86.00 target price on shares of SPS Commerce in a research report on Friday, February 13th. Craig Hallum cut 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. Cantor Fitzgerald set a $70.00 target price on shares of SPS Commerce in a research report on Friday, February 13th. Stifel Nicolaus set a $65.00 target price on shares of SPS Commerce and gave the stock a “hold” rating in a research report on Friday, February 13th. Finally, Citigroup reiterated a “buy” rating and issued a $84.00 target price (down from $110.00) on shares of SPS Commerce in a research report on Friday, February 13th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $84.91.

SPS Commerce Stock Performance

SPS Commerce stock opened at $57.93 on Thursday. The firm’s fifty day moving average price is $59.23 and its 200-day moving average price is $80.66. The stock has a market cap of $2.14 billion, a P/E ratio of 23.69 and a beta of 0.62. SPS Commerce has a fifty-two week low of $50.55 and a fifty-two week high of $153.16.

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

Insider Buying and Selling at SPS Commerce

In other SPS Commerce news, CEO Chadwick Collins sold 13,384 shares of the firm’s stock in a transaction on Friday, February 20th. The shares were sold at an average price of $58.66, for a total value of $785,105.44. Following the sale, the chief executive officer owned 72,241 shares of the company’s stock, valued at $4,237,657.06. This trade represents a 15.63% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Jamie Thingelstad sold 2,418 shares of the firm’s stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $54.94, for a total transaction of $132,844.92. Following the completion of the sale, the executive vice president directly owned 56,344 shares in the company, valued at approximately $3,095,539.36. This trade represents a 4.11% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 24,102 shares of company stock worth $1,425,328 in the last 90 days. 0.98% of the stock is owned by company insiders.

Institutional Investors Weigh In On SPS Commerce

A number of large investors have recently added to or reduced their stakes in the company. Advisors Asset Management Inc. grew its holdings in SPS Commerce by 39.9% in the 1st quarter. Advisors Asset Management Inc. now owns 393 shares of the software maker’s stock worth $52,000 after acquiring an additional 112 shares during the last quarter. Benjamin Edwards Inc. grew its holdings in SPS Commerce by 4.0% in the 3rd quarter. Benjamin Edwards Inc. now owns 3,087 shares of the software maker’s stock worth $321,000 after acquiring an additional 120 shares during the last quarter. State of Alaska Department of Revenue grew its holdings in SPS Commerce by 0.6% in the 4th quarter. State of Alaska Department of Revenue now owns 20,986 shares of the software maker’s stock worth $1,870,000 after acquiring an additional 126 shares during the last quarter. Park Place Capital Corp grew its holdings in SPS Commerce by 29.7% in the 4th quarter. Park Place Capital Corp now owns 564 shares of the software maker’s stock worth $50,000 after acquiring an additional 129 shares during the last quarter. Finally, Arizona State Retirement System grew its holdings in SPS Commerce by 1.3% in the 3rd quarter. Arizona State Retirement System now owns 11,226 shares of the software maker’s stock worth $1,169,000 after acquiring an additional 140 shares during the last quarter. Institutional investors own 98.96% of the company’s stock.

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.