SPSC
SPS COMMERCE INC
$55.24
+0.58%
$2.0B
No data for this timeframe.
Vol
Market Cap$2.0B
Cap SizeMid Cap
Analyst ConsensusHold (44%)
Inst. Holders50 funds
Inst. Value$1.5B
Inst. Activity20 buys / 16 sells
Insider Activity0B / 6S
Insider Net $-$971.3K
SEC Reports2
Recent Activity
May 28, 2026
Insider
Chima Fumbi F. was granted 3,736 shares
Director
May 28, 2026
Insider
Ward Anne Sempowski was granted 3,736 shares
Director
May 28, 2026
Insider
Gaurav Razat was granted 3,736 shares
Director
May 26, 2026
other
SPS Commerce to Present at the William Blair 46th Annual Growth Stock Conference
<p>MINNEAPOLIS, May 26, 2026 (GLOBE NEWSWIRE) -- <a href="https://www.globenewswire.com/Tracker?da
May 15, 2026
SEC
SPS Commerce filed supplemental proxy materials addressing potential 'overboarding' concerns regarding director nominee
DEFA14A — Impact 2/10
Feb 24, 2026
SEC
Multiple insiders at SPS Commerce sold shares in a concentrated 7-day window, including the CEO and CFO selling over $66
CLUSTER — Impact 7/10
Inst.
Neuberger Berman Group LLC — ADD
1,790,298 shares ($99.7M)
Inst.
FEDERATED HERMES, INC. — DOUBLED
738,949 shares ($41.1M)
Price Targets
$68.09
+23.3% upside
Strong Buy
Current $55.24
Low $55.00
Median $60.00
High $103.00
11 analysts
$55.00
$103.00
Analyst Ratings
3Strong Buy
5Buy
10Hold
0Sell
0Strong Sell
Recent Analyst Actions
| Date | Firm | Action | Rating |
|---|---|---|---|
| May 4, 2026 | Citigroup | MAINTAIN | Buy → Buy |
| May 1, 2026 | DA Davidson | MAINTAIN | Neutral → Neutral |
| May 1, 2026 | Cantor Fitzgerald | MAINTAIN | Neutral → Neutral |
| May 1, 2026 | Needham | MAINTAIN | Buy → Buy |
| Apr 16, 2026 | Rothschild & Co | DOWNGRADE | Buy → Neutral |
Earnings Estimates
| Period | EPS Est. | Range | Growth | # |
|---|---|---|---|---|
| Current Q | $1.08 | $1.06 — $1.13 | 8% YoY | 11 |
| Next Q | $1.25 | $1.20 — $1.30 | 10% YoY | 11 |
| Current FY | $4.73 | $4.64 — $4.86 | 11% YoY | 12 |
| Next FY | $5.22 | $4.95 — $5.55 | 10% YoY | 12 |
Latest Reports
NEUTRAL
DEFA14A
2/10
SPS Commerce filed supplemental proxy materials addressing potential 'overboarding' concerns regarding director nominee
May 15, 2026
BEARISH
CLUSTER
7/10
Multiple insiders at SPS Commerce sold shares in a concentrated 7-day window, including the CEO and CFO selling over $66
Feb 24, 2026
Top Institutional Holders
| Fund | Value | Move |
|---|---|---|
| BlackRock, Inc. | $324.5M | — |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $164.7M | — |
| Neuberger Berman Group LLC | $99.7M | ADD |
| VANGUARD CAPITAL MANAGEMENT LLC | $94.5M | — |
| STATE STREET CORP | $83.5M | — |
Recent Insider Trades
| Date | Insider | Type | Value |
|---|---|---|---|
| May 28, 2026 | Chima Fumbi | A | $0.00 |
| May 28, 2026 | Ward Anne | A | $0.00 |
| May 28, 2026 | Gaurav Razat | A | $0.00 |
| May 28, 2026 | McConnell Michael | A | $0.00 |
| May 28, 2026 | Partin Mark | A | $0.00 |
50 institutional holders with $1.5B total value (26,420,268 shares) as of 2026-Q1. Top holders: BlackRock,, VANGUARD, Neuberger. Net buying activity: 20 institutions added/increased vs 16 reduced.
Top Institutional Holders — 2026-Q1
| # | Fund | Shares | Value | % of Tracked | Last Move |
|---|---|---|---|---|---|
| 1 | BlackRock, Inc. | 5,828,636 | $324.5M | 22.0% | — |
| 2 | VANGUARD PORTFOLIO MANAGEMENT LLC | 2,958,839 | $164.7M | 11.2% | — |
| 3 | Neuberger Berman Group LLC | 1,790,298 | $99.7M | 6.8% | ADD +26.5% |
| 4 | VANGUARD CAPITAL MANAGEMENT LLC | 1,698,123 | $94.5M | 6.4% | — |
| 5 | STATE STREET CORP | 1,499,810 | $83.5M | 5.7% | — |
| 6 | GOLDMAN SACHS GROUP INC | 1,069,216 | $59.5M | 4.0% | — |
| 7 | BANK OF AMERICA CORP /DE/ | 998,622 | $55.6M | 3.8% | DOUBLED +142.1% |
| 8 | MORGAN STANLEY | 960,880 | $53.5M | 3.6% | — |
| 9 | CITADEL ADVISORS LLC | 913,240 | $50.8M | 3.5% | — |
| 10 | FEDERATED HERMES, INC. | 738,949 | $41.1M | 2.8% | DOUBLED +201.6% |
| 11 | BNP Paribas Asset Management Holding S.A. | 710,338 | $39.5M | 2.7% | — |
| 12 | NORDEA INVESTMENT MANAGEMENT AB | 537,906 | $30.0M | 2.0% | TRIM -55.8% |
| 13 | DIMENSIONAL FUND ADVISORS LP | 504,332 | $28.1M | 1.9% | — |
| 14 | CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 500,811 | $27.9M | 1.9% | — |
| 15 | D. E. Shaw & Co., Inc. | 490,831 | $27.3M | 1.9% | ADD +46.8% |
| 16 | NOMURA ASSET MANAGEMENT INTERNATIONAL INC. | 361,085 | $20.1M | 1.4% | TRIM -33.9% |
| 17 | ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 354,538 | $19.7M | 1.3% | DOUBLED +13031.0% |
| 18 | JANUS HENDERSON GROUP PLC | 304,549 | $16.9M | 1.1% | ADD +94.7% |
| 19 | PUBLIC SECTOR PENSION INVESTMENT BOARD | 278,001 | $15.5M | 1.1% | — |
| 20 | Nuveen, LLC | 269,039 | $15.0M | 1.0% | — |
Recent Position Changes
| Fund | Action | Prev Shares | Curr Shares | Change % | Value | Quarter |
|---|---|---|---|---|---|---|
| Neuberger Berman Group LLC | ADD | 1,415,289 | 1,790,298 | +26.5% | $99.7M | 2026-Q1 |
| FEDERATED HERMES, INC. | DOUBLED | 245,046 | 738,949 | +201.6% | $41.1M | 2026-Q1 |
| NORDEA INVESTMENT MANAGEMENT AB | TRIM | 1,216,642 | 537,906 | -55.8% | $30.0M | 2026-Q1 |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. | TRIM | 546,640 | 361,085 | -33.9% | $20.1M | 2026-Q1 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | DOUBLED | 2,700 | 354,538 | +13031.0% | $19.7M | 2026-Q1 |
| JANUS HENDERSON GROUP PLC | ADD | 156,453 | 304,549 | +94.7% | $16.9M | 2026-Q1 |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | ADD | 113,143 | 217,277 | +92.0% | $12.1M | 2026-Q1 |
| Assenagon Asset Management S.A. | DOUBLED | 36,987 | 211,407 | +471.6% | $11.8M | 2026-Q1 |
| GLENMEDE TRUST CO NA | ADD | 128,676 | 169,223 | +31.5% | $9.4M | 2026-Q1 |
| CANADA PENSION PLAN INVESTMENT BOARD | ADD | 88,960 | 158,160 | +77.8% | $8.8M | 2026-Q1 |
| AMERIPRISE FINANCIAL INC | TRIM | 256,727 | 73,259 | -71.5% | $4.1M | 2026-Q1 |
| FMR LLC | NEAR_EXIT | 651,109 | 68,148 | -89.5% | $3.8M | 2026-Q1 |
| AGF MANAGEMENT LTD | ADD | 38,346 | 63,804 | +66.4% | $3.6M | 2026-Q1 |
| FRED ALGER MANAGEMENT, LLC | TRIM | 100,037 | 55,834 | -44.2% | $3.1M | 2026-Q1 |
| VICTORY CAPITAL MANAGEMENT INC | DOUBLED | 10,110 | 46,393 | +358.9% | $2.6M | 2026-Q1 |
| SEI INVESTMENTS CO | TRIM | 84,941 | 44,952 | -47.1% | $2.5M | 2026-Q1 |
| Select Equity Group, L.P. | TRIM | 66,972 | 41,923 | -37.4% | $2.3M | 2026-Q1 |
| Amundi | ADD | 26,786 | 34,761 | +29.8% | $1.9M | 2026-Q1 |
| MARSHALL WACE, LLP | TRIM | 45,078 | 27,942 | -38.0% | $1.6M | 2026-Q1 |
| HSBC HOLDINGS PLC | ADD | 12,324 | 22,920 | +86.0% | $1.3M | 2026-Q1 |
| Brevan Howard Capital Management LP | DOUBLED | 2,743 | 20,429 | +644.8% | $1.1M | 2026-Q1 |
| FIFTH THIRD BANCORP | DOUBLED | 1,032 | 11,582 | +1022.3% | $644.8K | 2026-Q1 |
| Vanguard Personalized Indexing Management, LLC | ADD | 6,943 | 8,841 | +27.3% | $492.2K | 2026-Q1 |
| AVIVA PLC | ADD | 5,828 | 7,515 | +28.9% | $418.4K | 2026-Q1 |
| Gotham Asset Management, LLC | ADD | 4,340 | 7,078 | +63.1% | $394.0K | 2026-Q1 |
13 unique insiders with 24 transactions. Net insider value: -$971.3K ($0.00 bought, $971.3K sold).
Insider Transactions
| Date | Insider | Title | Type | Shares | Price | Value |
|---|---|---|---|---|---|---|
| May 28, 2026 | Chima Fumbi F. | Director | AWARD | 3,736 | — | — |
| May 28, 2026 | Ward Anne Sempowski | Director | AWARD | 3,736 | — | — |
| May 28, 2026 | Gaurav Razat | Director | AWARD | 3,736 | — | — |
| May 28, 2026 | McConnell Michael J | Director | AWARD | 3,736 | — | — |
| May 28, 2026 | Partin Mark | Director | AWARD | 3,736 | — | — |
| May 28, 2026 | Reaume Marty M | Director | AWARD | 3,736 | — | — |
| May 28, 2026 | Reller Tami | Director | AWARD | 3,736 | — | — |
| May 28, 2026 | SORAN PHILIP | Director | AWARD | 3,736 | — | — |
| May 8, 2026 | THINGELSTAD JAMIE | EVP, Chief Technology Officer | AWARD | 39,433 | — | — |
| May 7, 2026 | Del Preto Joseph | EXECUTIVE VP AND CFO | AWARD | 108,467 | — | — |
| Apr 7, 2026 | Reaume Marty M | Director | EXERCISE | 1,000 | $51.80 | $51.8K |
| Apr 7, 2026 | Reaume Marty M | Director | SELL | 1,000 | $57.90 | $57.9K |
| Mar 13, 2026 | Reller Tami | Director | EXERCISE | 5,732 | $51.80 | $296.9K |
| Mar 9, 2026 | Reaume Marty M | Director | EXERCISE | 1,000 | $51.80 | $51.8K |
| Mar 9, 2026 | Reaume Marty M | Director | SELL | 1,000 | $62.73 | $62.7K |
| Feb 24, 2026 | THINGELSTAD JAMIE | EVP, Chief Technology Officer | SELL | 1,900 | $54.80 | $104.1K |
| Feb 20, 2026 | Collins Chadwick | Chief Executive Officer | SELL | 7,776 | $58.09 | $451.7K |
| Feb 20, 2026 | Rosini Eduardo | EVP, Chief Commercial Officer | AWARD | 29,335 | — | — |
| Feb 20, 2026 | THINGELSTAD JAMIE | EVP, Chief Technology Officer | AWARD | 23,295 | — | — |
| Feb 20, 2026 | Chima Fumbi F. | Director | AWARD | 3,451 | — | — |
| Feb 20, 2026 | Nelson Kimberly K. | EVP & CFO | SELL | 3,700 | $58.09 | $214.9K |
| Feb 20, 2026 | McConnell Michael J | Director | AWARD | 3,451 | — | — |
| Feb 9, 2026 | Reaume Marty M | Director | EXERCISE | 1,000 | $51.80 | $51.8K |
| Feb 9, 2026 | Reaume Marty M | Director | SELL | 1,000 | $79.92 | $79.9K |
2 SEC filing reports analyzed. Sentiment: 0 bullish, 1 bearish, 0 mixed, 1 neutral. Avg impact: 4.5/10.
No press releases analyzed yet. Press releases are collected from GlobeNewsWire and analyzed by the LLM pipeline.
Current analyst consensus: Hold (44% buy). Based on 18 analysts: 3 strong buy, 5 buy, 10 hold, 0 sell, 0 strong sell.
Analyst Price Targets
$68.09 mean target
+23.3% upside
Strong Buy (2.58)
$55.00 Low
$103.00 High
| Metric | Value |
|---|---|
| Current Price | $55.24 |
| Target Low | $55.00 |
| Target Mean | $68.09 |
| Target Median | $60.00 |
| Target High | $103.00 |
| # Analysts | 11 |
| Recommendation | Strong Buy (2.58) |
Earnings Estimates & Revisions
| Period | EPS Avg | EPS Low | EPS High | EPS Growth | 30d Rev. | Up/Down | Rev. Avg | Rev. Growth | Analysts |
|---|---|---|---|---|---|---|---|---|---|
| Current Q 2026-06-30 |
$1.08 | $1.06 | $1.13 | 8.3% | +0.0% | 2↑ 8↓ | $0.2B | 4.3% | 11 |
| Next Q 2026-09-30 |
$1.25 | $1.20 | $1.30 | 10.3% | +0.0% | 11↑ 0↓ | $0.2B | 6.8% | 11 |
| Current FY 2026-12-31 |
$4.73 | $4.64 | $4.86 | 10.9% | -0.2% | 12↑ 0↓ | $0.8B | 6.2% | 12 |
| Next FY 2027-12-31 |
$5.22 | $4.95 | $5.55 | 10.3% | -0.2% | 8↑ 1↓ | $0.9B | 7.0% | 12 |
Current Quarter EPS Revision History
| Timepoint | EPS Estimate | Change |
|---|---|---|
| Current | $1.083 | |
| 7d ago | $1.083 | |
| 30d ago | $1.083 | |
| 60d ago | $1.099 | -0.015 |
| 90d ago | $1.097 | -0.014 |
6 analyst firms have rated this stock: 0 upgrades, 1 downgrades, 0 initiations.
Individual Analyst Actions
| Date | Analyst Firm | Action | Previous Rating | New Rating |
|---|---|---|---|---|
| May 4, 2026 | Citigroup | MAINTAIN | Buy | Buy |
| May 1, 2026 | DA Davidson | MAINTAIN | Neutral | Neutral |
| May 1, 2026 | Cantor Fitzgerald | MAINTAIN | Neutral | Neutral |
| May 1, 2026 | Needham | MAINTAIN | Buy | Buy |
| Apr 16, 2026 | Rothschild & Co | DOWNGRADE | Buy | Neutral |
| Feb 17, 2026 | DA Davidson | MAINTAIN | Neutral | Neutral |
| Feb 13, 2026 | Citigroup | MAINTAIN | Buy | Buy |
| Feb 13, 2026 | Stifel | MAINTAIN | Hold | Hold |
Monthly Consensus History
| Period | Strong Buy | Buy | Hold | Sell | Strong Sell | Buy % | Distribution |
|---|---|---|---|---|---|---|---|
| Jun 1, 2026 | 3 | 5 | 10 | 0 | 0 | 44% | |
| May 1, 2026 | 3 | 6 | 10 | 0 | 0 | 47% | |
| Apr 1, 2026 | 3 | 7 | 9 | 0 | 0 | 53% | |
| Mar 1, 2026 | 3 | 7 | 9 | 0 | 0 | 53% | |
| Feb 1, 2026 | 3 | 8 | 8 | 0 | 0 | 58% | |
| Jan 1, 2026 | 3 | 8 | 8 | 0 | 0 | 58% |
Strong BuyBuyHoldSellStrong Sell
No congressional trading data available for this ticker. Data is sourced from Senate and House financial disclosure filings.
Recent Reddit Threads
May 26, 2026
other
SPS Commerce to Present at the William Blair 46th Annual Growth Stock Conference
<p>MINNEAPOLIS, May 26, 2026 (GLOBE NEWSWIRE) -- <a href="https://www.globenewswire.com/Tracker?data=D821p2mb0Bl9xReEXVKWycSHL7sFADCUwqoND3wA0ld-7At
Apr 30, 2026
earnings
SPS Commerce Reports First Quarter 2026 Financial Results
First quarter 2026 revenue grew 6% and recurring revenue grew 7% from the first quarter of 2025 <pre>First quarter 2026 revenue grew 6% and recurring
Apr 30, 2026
earnings_calendar
SPSC Q1 2026 Earnings Scheduled — 2026-04-30
Apr 23, 2026
earnings_calendar
SPSC Q1 2026 Earnings Scheduled — 2026-04-23
Apr 22, 2026
earnings_calendar
SPSC Q1 2026 Earnings Scheduled — 2026-04-22
Apr 16, 2026
earnings
SPS Commerce Announces Date of First Quarter 2026 Financial Results
<p align="left">MINNEAPOLIS, April 16, 2026 (GLOBE NEWSWIRE) -- SPS Commerce, Inc. (NASDAQ: SPSC), the leading intelligent supply chain network, tod