Hsbc Holdings PLC Acquires Shares of 12,324 SPS Commerce, Inc. $SPSC

Hsbc Holdings PLC bought a new position in shares of SPS Commerce, Inc. (NASDAQ:SPSC) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 12,324 shares of the software maker’s stock, valued at approximately $1,097,000.

A number of other institutional investors have also made changes to their positions in SPSC. Rockefeller Capital Management L.P. raised its stake in SPS Commerce by 20.3% in the 4th quarter. Rockefeller Capital Management L.P. now owns 4,145 shares of the software maker’s stock valued at $369,000 after acquiring an additional 699 shares during the period. Invesco Ltd. lifted its holdings in SPS Commerce by 20.6% during the 4th quarter. Invesco Ltd. now owns 133,027 shares of the software maker’s stock valued at $11,857,000 after purchasing an additional 22,704 shares during the last quarter. Alberta Investment Management Corp bought a new position in SPS Commerce during the fourth quarter worth $1,150,000. State of Tennessee Department of Treasury boosted its position in SPS Commerce by 1.0% during the fourth quarter. State of Tennessee Department of Treasury now owns 17,442 shares of the software maker’s stock worth $1,557,000 after purchasing an additional 175 shares during the period. Finally, EP Wealth Advisors LLC bought a new position in SPS Commerce during the fourth quarter worth $210,000. 98.96% of the stock is owned by institutional investors and hedge funds.

SPS Commerce Price Performance

SPSC opened at $63.33 on Tuesday. The business has a fifty day simple moving average of $55.73 and a 200 day simple moving average of $64.74. SPS Commerce, Inc. has a 1 year low of $49.04 and a 1 year high of $143.55. The company has a market capitalization of $2.32 billion, a PE ratio of 26.39 and a beta of 0.56.

SPS Commerce (NASDAQ:SPSC) last posted its quarterly earnings data on Thursday, April 30th. The software maker reported $1.10 earnings per share for the quarter, topping the consensus estimate of $0.97 by $0.13. SPS Commerce had a return on equity of 12.43% and a net margin of 11.92%.The firm had revenue of $192.12 million for the quarter, compared to analysts’ expectations of $192.50 million. During the same quarter last year, the business earned $1.00 EPS. The company’s quarterly revenue 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. Equities analysts anticipate that SPS Commerce, Inc. will post 3.35 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

SPSC has been the topic of several research analyst reports. DA Davidson set a $55.00 price objective on shares of SPS Commerce and gave the company a “neutral” rating in a research report on Wednesday, July 1st. Morgan Stanley set a $70.00 target price on shares of SPS Commerce in a report on Friday, May 1st. Needham & Company LLC decreased their price target on shares of SPS Commerce from $110.00 to $75.00 and set a “buy” rating on the stock in a research note on Friday, May 1st. Weiss Ratings raised shares of SPS Commerce from a “sell (d)” rating to a “sell (d+)” rating in a report on Wednesday, July 8th. Finally, Stifel Nicolaus set a $60.00 price target 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 given a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average price target of $76.45.

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.