Institutional Investor’s Anti-SPS Commerce Inc (NASDAQ:SPSC) Sentiment In 2019 Q1

SPS Commerce, Inc. (NASDAQ:SPSC) Logo

Sentiment for SPS Commerce Inc (NASDAQ:SPSC)

SPS Commerce Inc (NASDAQ:SPSC) institutional sentiment decreased to 1.42 in 2019 Q1. Its down -0.96, from 2.38 in 2018Q4. The ratio turned negative, as 115 investment managers increased and opened new holdings, while 81 cut down and sold stock positions in SPS Commerce Inc. The investment managers in our partner’s database now hold: 16.39 million shares, down from 16.79 million shares in 2018Q4. Also, the number of investment managers holding SPS Commerce Inc in their top 10 holdings was flat from 0 to 0 for the same number . Sold All: 15 Reduced: 66 Increased: 71 New Position: 44.

SPS Commerce, Inc. provides cloud-based supply chain management solutions worldwide. The company has market cap of $1.85 billion. It provides solutions through the SPS Commerce platform, a cloud product suite that enhances the way suppliers, retailers, distributors, logistics firms, and other trading partners manage and fulfill orders. It has a 59.18 P/E ratio. The firm offers Trading Partner Fulfillment solution, which provides fulfillment automation and replaces or augments an organizationÂ’s existing trading partner electronic communication infrastructure; Trading Partner Analytics solution that comprises data analytics applications to enhance visibility and analysis of clients supply chains; and Trading Partner Assortment solution to manage individual attributes associated with each item a retailer or supplier sells.

The stock decreased 0.56% or $0.58 during the last trading session, reaching $102.2. About 99,893 shares traded. SPS Commerce, Inc. (NASDAQ:SPSC) has risen 31.63% since August 16, 2018 and is uptrending. It has outperformed by 31.63% the S&P500.

Analysts await SPS Commerce, Inc. (NASDAQ:SPSC) to report earnings on October, 24. They expect $0.41 EPS, up 10.81 % or $0.04 from last year’s $0.37 per share. SPSC’s profit will be $7.42M for 62.32 P/E if the $0.41 EPS becomes a reality. After $0.48 actual EPS reported by SPS Commerce, Inc. for the previous quarter, Wall Street now forecasts -14.58 % negative EPS growth.

Conestoga Capital Advisors Llc holds 1.6% of its portfolio in SPS Commerce, Inc. for 542,415 shares. Herald Investment Management Ltd owns 50,000 shares or 1.35% of their US portfolio. Moreover, Granahan Investment Management Inc Ma has 1.31% invested in the company for 229,496 shares. The Minnesota-based Riverbridge Partners Llc has invested 1.01% in the stock. Ironwood Investment Management Llc, a Massachusetts-based fund reported 7,552 shares.

More notable recent SPS Commerce, Inc. (NASDAQ:SPSC) news were published by: Globenewswire.com which released: “SPS Commerce and Webgility Launch E-Commerce Solution – GlobeNewswire” on November 12, 2018, also Nasdaq.com with their article: “Avis Budget (CAR) Catches Eye: Stock Jumps 6.5% – Nasdaq” published on June 14, 2019, Globenewswire.com published: “SPS Commerce Fulfillment Certified for Acumatica 2018 R2 – GlobeNewswire” on January 21, 2019. More interesting news about SPS Commerce, Inc. (NASDAQ:SPSC) were released by: Globenewswire.com and their article: “SPS Commerce Announces Changes to its Board of Directors – GlobeNewswire” published on April 03, 2019 as well as Globenewswire.com‘s news article titled: “SPS Commerce to Present at Investor Conferences – GlobeNewswire” with publication date: May 29, 2019.

SPS Commerce, Inc. (NASDAQ:SPSC) Institutional Positions Chart

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