Quantbot Technologies LP Makes New $669,000 Investment in SPS Commerce, Inc. $SPSC

Quantbot Technologies LP purchased a new position in shares of SPS Commerce, Inc. (NASDAQ:SPSC) during the second quarter, Holdings Channel reports. The institutional investor purchased 11,701 shares of the software maker’s stock, valued at approximately $669,000.

Several other institutional investors have also recently made changes to their positions in SPSC. NewEdge Advisors LLC lifted its stake in SPS Commerce by 545.7% in the first quarter. NewEdge Advisors LLC now owns 226 shares of the software maker’s stock worth $30,000 after acquiring an additional 191 shares during the period. Advisory Services Network LLC purchased a new position in SPS Commerce during the 3rd quarter valued at about $32,000. Global Retirement Partners LLC raised its holdings in shares of SPS Commerce by 2,130.0% in the 4th quarter. Global Retirement Partners LLC now owns 446 shares of the software maker’s stock valued at $40,000 after purchasing an additional 426 shares in the last quarter. Allworth Financial LP bought a new stake in shares of SPS Commerce in the 2nd quarter valued at about $45,000. Finally, Summit Securities Group LLC purchased a new stake in shares of SPS Commerce in the 4th quarter worth approximately $45,000. Hedge funds and other institutional investors own 98.96% of the company’s stock.

SPS Commerce Stock Performance

NASDAQ:SPSC opened at $84.20 on Friday. The company’s 50-day simple moving average is $67.46 and its 200-day simple moving average is $60.65. SPS Commerce, Inc. has a fifty-two week low of $49.04 and a fifty-two week high of $114.87. The stock has a market capitalization of $3.03 billion, a P/E ratio of 40.68 and a beta of 0.53.

SPS Commerce (NASDAQ:SPSC) last posted its quarterly earnings data on Thursday, July 30th. The software maker reported $1.27 EPS for the quarter, topping the consensus estimate of $1.09 by $0.18. SPS Commerce had a net margin of 10.10% and a return on equity of 13.04%. The firm had revenue of $197.81 million during the quarter, compared to analyst estimates of $195.46 million. During the same quarter in the previous year, the business posted $1.00 EPS. SPS Commerce’s revenue was up 5.6% on a year-over-year basis. SPS Commerce has set its Q3 2026 guidance at 1.200-1.230 EPS and its FY 2026 guidance at 4.840-4.930 EPS. On average, research analysts forecast that SPS Commerce, Inc. will post 3.56 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on SPSC shares. Weiss Ratings upgraded shares of SPS Commerce from a “sell (d)” rating to a “sell (d+)” rating in a research note on Thursday, August 6th. Wall Street Zen lowered SPS Commerce from a “buy” rating to a “hold” rating in a report on Saturday, July 18th. Stifel Nicolaus set a $70.00 target price on SPS Commerce and gave the company a “hold” rating in a research report on Friday, July 31st. Citigroup reiterated a “buy” rating and issued a $82.00 price target (up from $76.00) on shares of SPS Commerce in a report on Tuesday, July 21st. Finally, Needham & Company LLC reissued a “buy” rating and issued a $100.00 price target (up from $75.00) on shares of SPS Commerce in a research report on Wednesday, August 19th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, SPS Commerce currently has an average rating of “Hold” and a consensus target price of $77.10.

About SPS Commerce

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.