Deutsche Bank AG Invests $3.77 Million in SPS Commerce, Inc. $SPSC

Key Points

• Deutsche Bank acquired 66,023 SPS Commerce shares worth approximately $3.77 million in the second quarter, giving it a 0.18% stake. Institutional investors collectively own 98.96% of the company.
• Analyst sentiment is mixed, with a consensus rating of “Hold” and an average price target of $77.10; individual targets range from $65 to $100.
• SPS Commerce beat quarterly earnings expectations, reporting $1.27 in EPS versus the $1.09 consensus and revenue of $197.81 million. Quarterly revenue increased 5.6% year over year, while the stock recently traded at $80.56.

Deutsche Bank AG purchased a new stake in SPS Commerce, Inc. (NASDAQ:SPSC - Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 66,023 shares of the software maker's stock, valued at approximately $3,775,000. Deutsche Bank AG owned 0.18% of SPS Commerce as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the stock. UBS Group AG boosted its stake 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 worth $115,447,000 after buying an additional 836,407 shares during the last quarter. Norges Bank purchased a new position in SPS Commerce in the 4th quarter valued at approximately $49,883,000. Irenic Capital Management LP purchased a new position in SPS Commerce in the 4th quarter valued at approximately $40,293,000. Walleye Capital LLC raised its holdings 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 acquiring an additional 432,886 shares during the period. Finally, Disciplined Growth Investors Inc. MN raised its holdings 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 acquiring an additional 367,346 shares during the period. 98.96% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages have commented on SPSC. Stifel Nicolaus set a $70.00 target price on SPS Commerce and gave the stock a "hold" rating in a research note on Friday, July 31st. Wall Street Zen lowered shares of SPS Commerce from a "buy" rating to a "hold" rating in a report on Saturday, July 18th. Zacks Research raised shares of SPS Commerce from a "strong sell" rating to a "hold" rating in a report on Monday, July 20th. Needham & Company LLC reiterated a "buy" rating and issued a $100.00 target price (up from $75.00) on shares of SPS Commerce in a research note on Wednesday, August 19th. Finally, DA Davidson set a $65.00 price target on shares of SPS Commerce in a report on Friday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of $77.10.

SPS Commerce Stock Down 1.0%

SPS Commerce stock opened at $80.56 on Wednesday. SPS Commerce, Inc. has a twelve month low of $49.04 and a twelve month high of $114.87. The firm has a fifty day simple moving average of $66.28 and a two-hundred day simple moving average of $60.61. The company has a market capitalization of $2.90 billion, a PE ratio of 38.92 and a beta of 0.53.

SPS Commerce (NASDAQ:SPSC - Get Free Report) last issued its earnings results on Thursday, July 30th. The software maker reported $1.27 earnings per share for the quarter, beating the consensus estimate of $1.09 by $0.18. The company had revenue of $197.81 million during the quarter, compared to analysts' expectations of $195.46 million. SPS Commerce had a return on equity of 13.04% and a net margin of 10.10%.SPS Commerce's quarterly revenue was up 5.6% compared to the same quarter last year. During the same period in the prior year, the business posted $1.00 EPS. 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 earnings per share for the current fiscal year.

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.

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