Tudor Investment Corp ET AL Increases Position in SPS Commerce, Inc. $SPSC

Tudor Investment Corp ET AL boosted its holdings in SPS Commerce, Inc. (NASDAQ:SPSC) by 161.5% in the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 70,389 shares of the software maker’s stock after purchasing an additional 43,476 shares during the period. Tudor Investment Corp ET AL owned about 0.19% of SPS Commerce worth $7,330,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Van Berkom & Associates Inc. purchased a new position in shares of SPS Commerce during the 3rd quarter valued at approximately $51,878,000. Fenimore Asset Management Inc grew its position in shares of SPS Commerce by 17.8% during the third quarter. Fenimore Asset Management Inc now owns 145,888 shares of the software maker’s stock worth $15,193,000 after buying an additional 22,036 shares in the last quarter. Buckhead Capital Management LLC increased its stake in shares of SPS Commerce by 284.7% in the third quarter. Buckhead Capital Management LLC now owns 35,945 shares of the software maker’s stock worth $3,743,000 after buying an additional 26,602 shares during the last quarter. Caxton Associates LLP bought a new stake in shares of SPS Commerce in the second quarter worth $2,007,000. Finally, Champlain Investment Partners LLC acquired a new stake in SPS Commerce in the third quarter valued at $36,735,000. Institutional investors and hedge funds own 98.96% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have commented on SPSC. Wall Street Zen upgraded shares of SPS Commerce from a “hold” rating to a “buy” rating in a research note on Saturday, March 14th. Citigroup reaffirmed a “buy” rating and set a $84.00 price target (down from $110.00) on shares of SPS Commerce in a research report on Friday, February 13th. Morgan Stanley set a $95.00 price target on SPS Commerce in a research note on Friday, February 13th. Weiss Ratings reissued a “sell (d+)” rating on shares of SPS Commerce in a report on Thursday, January 22nd. Finally, Robert W. Baird set a $86.00 price objective on SPS Commerce in a research note on Friday, February 13th. One investment 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 assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $87.40.

SPS Commerce Stock Performance

SPS Commerce stock opened at $58.41 on Tuesday. SPS Commerce, Inc. has a 1 year low of $52.56 and a 1 year high of $153.16. The firm’s 50-day moving average is $71.40 and its 200-day moving average is $87.01. The company has a market cap of $2.18 billion, a P/E ratio of 23.84 and a beta of 0.63.

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

Insider Buying and Selling

In related news, CFO Kimberly K. Nelson sold 6,300 shares of the stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $58.66, for a total value of $369,558.00. Following the sale, the chief financial officer owned 145,452 shares of the company’s stock, valued at $8,532,214.32. This trade represents a 4.15% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Jamie Thingelstad sold 2,418 shares of the business’s stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $54.94, for a total transaction of $132,844.92. Following the transaction, the executive vice president directly owned 56,344 shares of the company’s stock, valued at $3,095,539.36. The trade was a 4.11% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 24,834 shares of company stock valued at $1,527,223 over the last three months. Corporate insiders own 0.98% of the company’s stock.

SPS Commerce 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.