— Know what they know.
Not Investment Advice

SPSC Smart Money

SPS Commerce, Inc.
1W: +6.0% 1M: +11.4% 3M: +32.2% YTD: +3.0% 1Y: -19.5% 3Y: -45.5% 5Y: -45.0%
$86.24
-4.32 (-4.77%)
After Hours: $87.15 (+0.91, +1.06%)
Weekly Expected Move ±3.6%
$86 $89 $93 $96 $99
NASDAQ · Technology · Software - Application · Tech Score Strong Buy · Power 74 · $3.3B mcap · 36M float · 1.69% daily turnover · Short 64% of daily vol
Credit Risk of going bust: lower than 91% of companies Debt: 0.2% of company value Bonds: none of note held by US funds details ▾
Of US companies ranked in the safest four tenths, about 1 in 3,500 filed for bankruptcy within a year (2020-2025).
If the stock fell to about $0.02 (down more than 99.9%), SPS Commerce, Inc. would be worth roughly what it owes.
Total debt $6.3M against a stock market value of $3.26B.
Distance to default 14.51 (Merton model): prices to 2026-10-26, balance sheet 2026-06-30, debt counted $3.2M (short-term plus half of long-term), stock volatility 47.4%; Altman Z'' 8.41. A ranking and a back-test, not a forecast.
US fund filings (SEC N-PORT) show under $25M of this company's bonds, so there is no bond page. Its debt may be bank loans or privately placed. How these are computed.

🏦 Institutional Activity

Latest: Q2 2026
386
Institutions Holding
-28 vs prior
68.6%
Ownership
+4.35%
62 New
116 Increased
177 Reduced
66 Closed

👔 Insider Trades

25 records
Date Name Title Type Shares Price Value Filing
2026-05-28 Gaurav Razat director A-Grant/Award 3,736 $— $0 Filing
2026-05-28 McConnell Michael J director A-Grant/Award 3,736 $— $0 Filing
2026-05-28 Partin Mark director A-Grant/Award 3,736 $— $0 Filing
2026-05-28 Reaume Marty M director A-Grant/Award 3,736 $— $0 Filing
2026-05-28 Reller Tami director A-Grant/Award 3,736 $— $0 Filing
2026-05-28 SORAN PHILIP director A-Grant/Award 3,736 $— $0 Filing
2026-05-28 Chima Fumbi F. director A-Grant/Award 3,736 $— $0 Filing
2026-05-28 Ward Anne Sempowski director A-Grant/Award 3,736 $— $0 Filing
2026-05-08 THINGELSTAD JAMIE officer: evp, chief technology officer A-Grant/Award 39,433 $— $0 Filing
2026-05-07 Del Preto Joseph officer: executive vp and cfo A-Grant/Award 33,240 $— $0 Filing
2026-05-07 Del Preto Joseph officer: executive vp and cfo A-Grant/Award 108,467 $— $0 Filing
2026-05-07 Reaume Marty M director S-Sale 1,000 $57.03 $57K Filing
2026-04-07 Reaume Marty M director S-Sale 1,000 $57.90 $58K Filing
2026-02-24 THINGELSTAD JAMIE officer: evp, chief technology officer S-Sale 518 $55.47 $29K Filing
2026-02-24 THINGELSTAD JAMIE officer: evp, chief technology officer S-Sale 1,900 $54.80 $104K Filing
2026-02-20 Collins Chadwick officer: chief executive officer S-Sale 2,802 $59.72 $167K Filing
2026-02-20 THINGELSTAD JAMIE officer: evp, chief technology officer A-Grant/Award 23,295 $— $0 Filing
2026-02-20 Nelson Kimberly K. officer: evp & cfo A-Grant/Award 39,689 $— $0 Filing
2026-02-20 Nelson Kimberly K. officer: evp & cfo S-Sale 1,400 $59.70 $84K Filing
2026-02-20 Nelson Kimberly K. officer: evp & cfo S-Sale 1,200 $59.19 $71K Filing
2026-02-20 Nelson Kimberly K. officer: evp & cfo S-Sale 3,700 $58.09 $215K Filing
2026-02-20 McConnell Michael J director A-Grant/Award 3,451 $— $0 Filing
2026-02-20 Collins Chadwick officer: chief executive officer A-Grant/Award 101,932 $— $0 Filing
2026-02-20 Collins Chadwick officer: chief executive officer S-Sale 7,776 $58.09 $452K Filing
2026-02-20 Chima Fumbi F. director A-Grant/Award 3,451 $— $0 Filing

🏛️ Congressional Trades

5 records
Date Politician Chamber Type Amount Filing
2020-05-19 Peter Welch House Sell $1,001 - $15,000 Filing
2020-05-08 Peter Welch House Sell $1,001 - $15,000 Filing
2019-06-24 Donna Shalala House Sell $1,001 - $15,000 Filing
2019-05-01 Peter Welch House Buy $1,001 - $15,000 Filing
2015-02-13 Thom Tillis Senate Sell $1,001 - $15,000 Filing

🏦 Top Institutional Holders

20 holders
Holder Shares Value Date Reported Filing
BlackRock, Inc. 5,934,211 $339M +105,575 2026-06-30 Filing
VANGUARD PORTFOLIO MANAGEMENT LLC 2,914,709 $167M -44,130 2026-06-30 Filing
DISCIPLINED GROWTH INVESTORS INC /MN 2,123,881 $121M +1,312,943 2026-06-30 Filing
NEUBERGER BERMAN GROUP LLC 1,780,876 $102M -9,422 2026-06-30 Filing
VANGUARD CAPITAL MANAGEMENT LLC 1,598,383 $91M -99,740 2026-06-30 Filing
STATE STREET CORP 1,545,696 $88M +45,886 2026-06-30 Filing
GEODE CAPITAL MANAGEMENT, LLC 1,266,247 $72M +268,288 2026-06-30 Filing
GOLDMAN SACHS GROUP INC 1,107,434 $63M +38,218 2026-06-30 Filing
MORGAN STANLEY 997,970 $57M +37,090 2026-06-30 Filing
Jupiter Topco LLC 984,427 $56M +984,427 2026-06-30 Filing
Engine Capital Management, LP 916,380 $52M +916,380 2026-06-30 Filing
CITADEL ADVISORS LLC 913,868 $52M +628 2026-06-30 Filing
FEDERATED HERMES, INC. 901,632 $52M +162,683 2026-06-30 Filing
Invenomic Capital Management LP 869,410 $50M +605,315 2026-06-30 Filing
BNP PARIBAS ASSET MANAGEMENT Holding S.A 760,700 $43M +50,362 2026-06-30 Filing
Anson Funds Management LP 745,000 $43M +170,000 2026-06-30 Filing
Van Berkom & Associates Inc. 630,329 $36M -47,907 2026-06-30 Filing
Lightrock Netherlands B.V. 613,169 $35M +171,500 2026-06-30 Filing
Irenic Capital Management LP 597,704 $34M — 2026-06-30 Filing
CHARLES SCHWAB INVESTMENT MANAGEMENT INC 542,524 $31M +41,713 2026-06-30 Filing

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms