Moody National Bank Trust Division Makes New Investment in SPS Commerce, Inc. $SPSC

Key Points

• Moody National Bank Trust Division purchased 16,201 shares of SPS Commerce worth approximately $1.34 million in the third quarter. Institutional investors collectively own 98.96% of the company.
• Analyst sentiment remains mixed, with SPS Commerce holding a consensus “Hold” rating and an average price target of $77.10; targets range from $59 to $82.
• SPS Commerce recently beat quarterly earnings expectations, reporting $1.27 in EPS versus the $1.09 consensus and revenue of $197.81 million, up 5.6% year over year.

Moody National Bank Trust Division purchased a new position in SPS Commerce, Inc. (NASDAQ:SPSC - Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 16,201 shares of the software maker's stock, valued at approximately $1,336,000.

Other institutional investors also recently bought and sold shares of the company. Integrated Wealth Concepts LLC bought a new stake in shares of SPS Commerce in the 2nd quarter worth approximately $38,000. Allworth Financial LP purchased a new stake in shares of SPS Commerce in the 2nd quarter worth about $45,000. Pacer Advisors Inc. lifted its position in shares of SPS Commerce by 55.3% in the 1st quarter. Pacer Advisors Inc. now owns 1,412 shares of the software maker's stock worth $79,000 after purchasing an additional 503 shares during the period. Leonteq Securities AG boosted its stake in shares of SPS Commerce by 143.0% during the 1st quarter. Leonteq Securities AG now owns 1,431 shares of the software maker's stock valued at $80,000 after purchasing an additional 842 shares in the last quarter. Finally, KBC Group NV increased its position in shares of SPS Commerce by 38.8% during the first quarter. KBC Group NV now owns 1,459 shares of the software maker's stock valued at $81,000 after buying an additional 408 shares during the period. 98.96% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

SPSC has been the subject of a number of research reports. Zacks Research raised shares of SPS Commerce from a "strong sell" rating to a "hold" rating in a research note on Monday, July 20th. Cantor Fitzgerald reissued a "neutral" rating and issued a $70.00 target price (up from $60.00) on shares of SPS Commerce in a research report on Friday, July 31st. Weiss Ratings upgraded SPS Commerce from a "sell (d+)" rating to a "hold (c-)" rating in a research note on Friday. Morgan Stanley restated an "underweight" rating and set a $59.00 target price (up from $57.00) on shares of SPS Commerce in a report on Friday, July 31st. Finally, Citigroup reiterated a "buy" rating and set a $82.00 target price (up from $76.00) on shares of SPS Commerce in a report on Tuesday, July 21st. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $77.10.

SPS Commerce Price Performance

Shares of NASDAQ:SPSC opened at $81.02 on Wednesday. SPS Commerce, Inc. has a 1 year low of $49.04 and a 1 year high of $114.87. The stock's fifty day moving average price is $79.48 and its 200-day moving average price is $64.72. The company has a market cap of $2.92 billion, a P/E ratio of 39.14 and a beta of 0.62.

SPS Commerce (NASDAQ:SPSC - Get Free Report) last posted its earnings results on Thursday, July 30th. The software maker reported $1.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.09 by $0.18. SPS Commerce had a net margin of 10.10% and a return on equity of 13.04%. The business had revenue of $197.81 million for the quarter, compared to analysts' expectations of $195.46 million. During the same quarter in the prior year, the business earned $1.00 EPS. The business's revenue for the quarter was up 5.6% compared to the same quarter last year. 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. On average, sell-side analysts anticipate that SPS Commerce, Inc. will post 3.56 earnings per share for the current year.

SPS Commerce Profile

SPS Commerce, Inc provides cloud-based supply chain management software for retailers, suppliers, distributors and logistics providers. Its platform helps trading partners connect and exchange business documents, coordinate orders and shipments, manage product information, and improve visibility across the retail supply chain.

The company's offerings include electronic data interchange (EDI), order management, fulfillment and shipping tools, product content management, inventory visibility, analytics and retail compliance solutions.

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