November 16, 2016 - By Pete Kolinski · 0 Comments
The stock of Sps Commerce Incorporated (NASDAQ:SPSC) registered a decrease of 8.75% in short interest. SPSC’s total short interest was 330,500 shares in November as published by FINRA. Its down 8.75% from 362,200 shares, reported previously. With 105,300 shares average volume, it will take short sellers 3 days to cover their SPSC’s short positions. The short interest to Sps Commerce Incorporated’s float is 1.96%. About 19,911 shares traded hands. SPS Commerce, Inc. (NASDAQ:SPSC) has risen 54.05% since April 14, 2016 and is uptrending. It has outperformed by 49.36% the S&P500.
SPS Commerce, Inc. is a provider of cloud supply chain management solutions. The company has a market cap of $1.14 billion. The Firm provides integrations and retail performance analytics across the world. It has a 188.8 P/E ratio. The Firm provides its solutions through the SPS Commerce platform, a cloud product suite that enables suppliers, retailers, distributors and other clients to place, manage and fulfill orders.
Insitutional Activity: The institutional sentiment decreased to 1.09 in 2016 Q2. Its down 0.19, from 1.28 in 2016Q1. The ratio fall, as 20 funds sold all SPS Commerce, Inc. shares owned while 47 reduced positions. 21 funds bought stakes while 52 increased positions. They now own 17.02 million shares or 1.67% less from 17.31 million shares in 2016Q1.
Teachers Advsrs reported 227,794 shares or 0.02% of all its holdings. Ranger Inv Lp last reported 1.73% of its portfolio in the stock. Zurcher Kantonalbank (Zurich Cantonalbank) has 409 shares for 0% of their US portfolio. Goldman Sachs Gp has invested 0% of its portfolio in SPS Commerce, Inc. (NASDAQ:SPSC). Schwab Charles Inv Mgmt last reported 53,519 shares in the company. Fred Alger Mngmt reported 125,934 shares or 0.04% of all its holdings. Diam, a Japan-based fund reported 22,383 shares. Bnp Paribas Arbitrage owns 639 shares or 0% of their US portfolio. Amica Retiree Med Trust holds 0.07% of its portfolio in SPS Commerce, Inc. (NASDAQ:SPSC) for 1,277 shares. The New York-based Citigroup Inc has invested 0% in SPS Commerce, Inc. (NASDAQ:SPSC). Lpl Fincl Limited Liability holds 3,518 shares or 0% of its portfolio. Ameriprise Financial Incorporated has 395,072 shares for 0.01% of their US portfolio. Barclays Pcl has invested 0% of its portfolio in SPS Commerce, Inc. (NASDAQ:SPSC). The Illinois-based Deere & has invested 0.03% in SPS Commerce, Inc. (NASDAQ:SPSC). Weatherbie Capital Limited Liability Company accumulated 311,041 shares or 2.67% of the stock.
Insider Transactions: Since June 1, 2016, the stock had 0 buys, and 8 sales for $3.21 million net activity. Smerklo Michael A also sold $39,092 worth of SPS Commerce, Inc. (NASDAQ:SPSC) shares. Frome James J. also sold $993,811 worth of SPS Commerce, Inc. (NASDAQ:SPSC) on Tuesday, November 1. 10,000 shares with value of $633,765 were sold by Black Archie C. on Monday, August 1. LEESTMA MARTIN J also sold $98,711 worth of SPS Commerce, Inc. (NASDAQ:SPSC) shares. 3,025 shares were sold by WEHRWEIN SVEN, worth $196,594.
Out of 8 analysts covering SPS Commerce (NASDAQ:SPSC), 8 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. SPS Commerce has been the topic of 12 analyst reports since July 27, 2015 according to StockzIntelligence Inc. The stock has “Buy” rating given by Needham on Thursday, July 23. Northland Capital maintained SPS Commerce, Inc. (NASDAQ:SPSC) on Friday, July 24 with “Outperform” rating. The firm has “Overweight” rating by First Analysis given on Tuesday, September 27. The rating was initiated by Pacific Crest on Friday, September 30 with “Overweight”. Needham maintained the shares of SPSC in a report on Monday, September 26 with “Buy” rating.
SPS Commerce, Inc., incorporated on April 17, 2001, is a well-known provider of cloud supply chain management solutions. The Firm provides integrations and retail performance analytics across the world. The Firm provides its solutions through the SPS Commerce platform, a cloud product suite that enables suppliers, retailers, distributors and other clients to place, manage and fulfill orders. The Company’s platform consists of a set of coupled cloud services. The Company’s fulfillment product combines integrations that comply with various rule books for retailers and distributors. By maintaining integrations with retailers, the Company’s platform removes the need for suppliers to continually stay up-to-date with the rule book changes required by retailers. The SPS Commerce cloud services platform offers a range of solutions, including Trading Partner Fulfillment, Trading Partner Analytics, Trading Partner Assortment, Trading Partner Sourcing, Trading Partner Community Development and Other Trading Partner Solutions.
More recent SPS Commerce, Inc. (NASDAQ:SPSC) news were published by: Bizjournals.com which released: “Most Admired CEOs 2016: Archie Black, SPS Commerce Inc.” on September 09, 2016. Also Finance.Yahoo.com published the news titled: “Zacks.com featured highlights: SPS Commerce, CryoLife, FormFactor, Willdan …” on November 10, 2016. Seekingalpha.com‘s news article titled: “SPS Commerce: Overvalued” with publication date: September 07, 2016 was also an interesting one.
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By Pete Kolinski