SPS Commerce (NASDAQ:SPSC) Hits New 52-Week Low – Time to Sell?

SPS Commerce, Inc. (NASDAQ:SPSC)’s share price hit a new 52-week low on Wednesday . The company traded as low as $50.07 and last traded at $50.7660, with a volume of 39383 shares trading hands. The stock had previously closed at $51.98.

Analyst Upgrades and Downgrades

SPSC has been the subject of several research reports. Wall Street Zen lowered SPS Commerce from a “buy” rating to a “hold” rating in a research note on Monday, May 4th. Robert W. Baird set a $86.00 target price on SPS Commerce in a research report on Friday, February 13th. Weiss Ratings cut SPS Commerce from a “sell (d+)” rating to a “sell (d)” rating in a research report on Wednesday. Rothschild & Co Redburn set a $60.00 price objective on SPS Commerce and gave the company a “neutral” rating in a research note on Thursday, April 16th. Finally, DA Davidson decreased their price objective on SPS Commerce from $65.00 to $55.00 and set a “neutral” rating on the stock 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 issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, SPS Commerce currently has an average rating of “Hold” and a consensus target price of $76.45.

SPS Commerce Stock Performance

The stock’s 50 day simple moving average is $56.76 and its two-hundred day simple moving average is $73.57. The firm has a market capitalization of $1.83 billion, a PE ratio of 20.82 and a beta of 0.58.

SPS Commerce (NASDAQ:SPSC) last posted its quarterly earnings results on Thursday, April 30th. The software maker reported $1.10 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.97 by $0.13. SPS Commerce had a return on equity of 12.43% and a net margin of 11.92%.The business had revenue of $192.12 million during the quarter, compared to analyst estimates of $192.51 million. During the same period in the prior year, the business earned $1.00 earnings per share. The business’s 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 research analysts expect that SPS Commerce, Inc. will post 3.41 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, CFO Kimberly K. Nelson sold 6,300 shares of the firm’s stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $58.66, for a total transaction of $369,558.00. Following the completion of the sale, the chief financial officer directly owned 145,452 shares in the company, valued at approximately $8,532,214.32. This trade represents a 4.15% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Marty M. Reaume sold 1,000 shares of SPS Commerce stock in a transaction dated Tuesday, April 7th. The stock was sold at an average price of $57.90, for a total transaction of $57,900.00. Following the transaction, the director directly owned 9,158 shares in the company, valued at $530,248.20. This trade represents a 9.84% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 23,102 shares of company stock valued at $1,345,408 over the last 90 days. Insiders own 0.58% of the company’s stock.

Institutional Trading of SPS Commerce

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Advisors Asset Management Inc. lifted its holdings in SPS Commerce by 39.9% in the first quarter. Advisors Asset Management Inc. now owns 393 shares of the software maker’s stock valued at $52,000 after acquiring an additional 112 shares during the last quarter. Benjamin Edwards Inc. increased its stake in SPS Commerce by 4.0% during the third quarter. Benjamin Edwards Inc. now owns 3,087 shares of the software maker’s stock worth $321,000 after acquiring an additional 120 shares during the last quarter. State of Alaska Department of Revenue raised its position in SPS Commerce by 0.6% in the fourth quarter. State of Alaska Department of Revenue now owns 20,986 shares of the software maker’s stock valued at $1,870,000 after purchasing an additional 126 shares during the period. Park Place Capital Corp lifted its stake in shares of SPS Commerce by 29.7% in the 4th quarter. Park Place Capital Corp now owns 564 shares of the software maker’s stock valued at $50,000 after purchasing an additional 129 shares during the last quarter. Finally, Arizona State Retirement System lifted its stake in shares of SPS Commerce by 1.3% in the 3rd quarter. Arizona State Retirement System now owns 11,226 shares of the software maker’s stock valued at $1,169,000 after purchasing an additional 140 shares during the last quarter. Institutional investors and hedge funds own 98.96% of the company’s stock.

SPS Commerce Company 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.