SPS Commerce, Inc. $SPSC Shares Bought by Quantinno Capital Management LP

Quantinno Capital Management LP grew its stake in SPS Commerce, Inc. (NASDAQ:SPSC) by 399.0% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 62,260 shares of the software maker’s stock after buying an additional 49,782 shares during the period. Quantinno Capital Management LP owned 0.17% of SPS Commerce worth $3,466,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the stock. State Street Corp boosted its stake in SPS Commerce by 0.6% in the fourth quarter. State Street Corp now owns 1,468,312 shares of the software maker’s stock valued at $130,871,000 after acquiring an additional 8,163 shares in the last quarter. UBS Group AG grew its holdings in shares of 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 purchasing an additional 836,407 shares during the last quarter. Disciplined Growth Investors Inc. MN increased its position in shares of SPS Commerce by 86.4% during the third quarter. Disciplined Growth Investors Inc. MN now owns 792,472 shares of the software maker’s stock worth $82,528,000 after purchasing an additional 367,346 shares in the last quarter. Van Berkom & Associates Inc. increased its position in shares of SPS Commerce by 9.9% during the first quarter. Van Berkom & Associates Inc. now owns 678,236 shares of the software maker’s stock worth $37,757,000 after purchasing an additional 61,350 shares in the last quarter. Finally, Goldman Sachs Group Inc. lifted its holdings in shares of SPS Commerce by 69.1% in the 4th quarter. Goldman Sachs Group Inc. now owns 661,610 shares of the software maker’s stock valued at $58,969,000 after purchasing an additional 270,424 shares during the last quarter. 98.96% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of analysts recently issued reports on SPSC shares. Zacks Research raised SPS Commerce from a “strong sell” rating to a “hold” rating in a research report on Monday, July 20th. Cantor Fitzgerald reiterated a “neutral” rating and issued a $70.00 price objective (up from $60.00) on shares of SPS Commerce in a research note on Friday, July 31st. Rothschild & Co Redburn set a $60.00 price objective on SPS Commerce and gave the company a “neutral” rating in a report on Thursday, April 16th. Weiss Ratings raised SPS Commerce from a “sell (d)” rating to a “sell (d+)” rating in a report on Thursday. Finally, DA Davidson set a $65.00 target price on shares of SPS Commerce in a research report on Friday, July 31st. 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. According to data from MarketBeat, SPS Commerce presently has a consensus rating of “Hold” and a consensus price target of $74.60.

SPS Commerce Stock Performance

Shares of NASDAQ:SPSC opened at $73.38 on Friday. SPS Commerce, Inc. has a one year low of $49.04 and a one year high of $117.37. The stock has a market capitalization of $2.64 billion, a price-to-earnings ratio of 35.45 and a beta of 0.53. The company has a 50-day simple moving average of $60.86 and a 200-day simple moving average of $61.70.

SPS Commerce (NASDAQ:SPSC) last released its quarterly earnings results on Thursday, July 30th. The software maker reported $1.27 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.09 by $0.18. The firm had revenue of $197.81 million for the quarter, compared to analyst estimates of $195.46 million. SPS Commerce had a return on equity of 13.04% and a net margin of 10.10%.The business’s revenue was up 5.6% on a year-over-year basis. During the same quarter last year, the company posted $1.00 earnings per share. 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. As a group, research analysts forecast that SPS Commerce, Inc. will post 3.56 EPS for the current fiscal year.

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.