Mirabella Financial Services LLP Purchases Shares of 11,012 SPS Commerce, Inc. $SPSC

Mirabella Financial Services LLP purchased a new position in SPS Commerce, Inc. (NASDAQ:SPSC) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 11,012 shares of the software maker’s stock, valued at approximately $630,000.

Other large investors have also modified their holdings of the company. UBS Group AG raised its position in shares of SPS Commerce by 182.3% in the 4th quarter. UBS Group AG now owns 1,295,267 shares of the software maker’s stock valued at $115,447,000 after purchasing an additional 836,407 shares during the last quarter. Norges Bank purchased a new stake in SPS Commerce during the 4th quarter worth approximately $49,883,000. Irenic Capital Management LP purchased a new stake in SPS Commerce during the 4th quarter worth approximately $40,293,000. Walleye Capital LLC increased its stake in SPS Commerce by 1,749.1% during the 1st quarter. Walleye Capital LLC now owns 457,635 shares of the software maker’s stock valued at $25,477,000 after purchasing an additional 432,886 shares in the last quarter. Finally, Disciplined Growth Investors Inc. MN increased its stake in SPS Commerce by 86.4% during the 3rd quarter. Disciplined Growth Investors Inc. MN now owns 792,472 shares of the software maker’s stock valued at $82,528,000 after purchasing an additional 367,346 shares in the last quarter. Hedge funds and other institutional investors own 98.96% of the company’s stock.

Analyst Ratings Changes

SPSC has been the subject of a number of research analyst reports. Wall Street Zen cut shares of 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. Zacks Research upgraded SPS Commerce from a “strong sell” rating to a “hold” rating in a research note on Monday, July 20th. Morgan Stanley reaffirmed an “underweight” rating and set a $59.00 price target (up from $57.00) on shares of SPS Commerce in a research report on Friday, July 31st. Finally, Cantor Fitzgerald reiterated a “neutral” rating and set a $70.00 price target (up from $60.00) on shares of SPS Commerce in a research note on Friday, July 31st. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, six have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $74.60.

SPS Commerce Price Performance

Shares of SPS Commerce stock opened at $79.40 on Friday. The firm has a fifty day moving average price of $62.87 and a 200 day moving average price of $61.22. SPS Commerce, Inc. has a 1 year low of $49.04 and a 1 year high of $117.37. The stock has a market cap of $2.86 billion, a PE ratio of 38.36 and a beta of 0.53.

SPS Commerce (NASDAQ:SPSC) last posted its earnings results on Thursday, July 30th. The software maker reported $1.27 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.09 by $0.18. SPS Commerce had a net margin of 10.10% and a return on equity of 13.04%. The company had revenue of $197.81 million during the quarter, compared to the consensus estimate of $195.46 million. During the same period in the previous year, the firm posted $1.00 earnings per share. The firm’s quarterly 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. As a group, equities analysts expect that SPS Commerce, Inc. will post 3.56 EPS for the current year.

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.