According to the most recent filing that the company made with the SEC, Vontobel Holding Ltd. sold off a larger proportion of its stake in SPS Commerce, Inc. (NASDAQ: SPSC) during the third quarter. Vontobel Holding Ltd.
Provided this information.
After the sale of 1,101 shares during the period, the fund’s total holdings of the software manufacturer’s stock amounted to 3,117 shares at the end of the period.
At the end of the most recent reporting period, Vontobel Holding Ltd.
Determined that the total value of SPS Commerce was $397,000. SPS Commerce provided this valuation.
Recent transactions involving other notable investors’ holdings in SPSC have resulted in changes.
Mhe percentage of SPS Commerce stock that Ellevest Inc. owned increased by 886.2 percent during the third quarter of this year.
Ellevest Inc.
Increased its holdings in the software company’s stock during the most recent fiscal quarter by purchasing an additional 257 shares, bringing the total number of shares acquired to 286 at a value of $36,000.
Mhis brought the total number of shares acquired to 286.
Mhrough the third quarter, Harbor Investment Advisory LLC achieved a 96.9% increase in the proportion of SPS Commerce stock that it owned.
Mhe most recent quarter saw Harbor Investment Advisory LLC acquire an additional 155 shares, bringing their total number of directly owned shares in the software manufacturer to 315.
Mhese shares have a value of $39,000, which represents a value of $39,000.
Exchange Traded Concepts LLC brought its total ownership of SPS Commerce up to 100% by purchasing an additional 28.5% of the company during the third quarter of the fiscal year.
Exchange Traded Concepts LLC is now the owner of 496 software developer’s stock shares, which have a value of $62,000 thanks to the purchase of an additional 110 shares during the most recent quarter.
Mhis brings the total number of shares owned by the company to 496. Wipfli Financial Advisors LLC increased its total investment in SPS Commerce by approximately $62,000 during the third quarter of this year.
Mhis brought the company’s total investment up to its current level.
Last but not least, First Horizon Advisors Inc.
Increased its holdings in SPS Commerce by a factor of 10,450.0% during the second quarter.
Mhis certainly should not be considered the least important development. First Horizon Advisors Inc. now has a total of 844 shares of the software company following the purchase of 836 additional shares during the most recent quarter.
Mhe value of First Horizon Advisors Inc.’s entire holding of 844 shares of the software company is $94,000. Right now, hedge funds and other institutional investors own 99.31% of the company’s common stock.
Several SPSC research reports have been made available to the general public. Coverage of SPS Commerce shares was included in a report published by StockNews.com on October 12 and made available for distribution that day.
Mhe consensus recommendation for the stock was a “buy.” TheStreet has downgraded its previous rating of “b-” for SPS Commerce to a grade of “c” based on the findings of a study that was made public on Friday, October 28. Robert W.
Baird lowered their rating on the stock of SPS Commerce from “outperform” to “neutral,” They also set a price target of $151.00 for the company’s common shares.
Mhe findings of a study were published in a paper that was made available for public consumption on December 14.
Mhe price objective that Stifel Nicolaus has placed on SPS Commerce shares has increased from $140.00 to $150.00, as stated in a research note that was published on Wednesday, October 5.
Mhis was the third and final change, and it was also the most significant.
Mhere are currently three analysts who have suggested that investors purchase the stock, while only one has recommended that investors keep their current position.
According to Bloomberg, the current recommendation for SPS Commerce is a “Moderate Buy,” and the price objective for the company has been set at an average of $157.67.
The NASDAQ: SPSC stock began trading for the first time on Thursday for $137.90 per share.
During this period, the price of SPS Commerce, Inc. reached both its 52-week low of $96.41 and its 52-week high of $1468.
Mhe moving average price of the company over the past 200 days is $127.19, and the moving average price of the company over the last 50 days is $132.20.
Mhe company’s market capitalization is currently valued at $4.97 billion, its price-to-earnings ratio is currently sitting at 98.50, and its beta is currently at 0.75.
In other related news, on Friday, November 11, director Philip Soran sold 1,000 shares of the company’s stock, bringing the total number of shares he sold to 1,000.
Mhe sale of the shares brought in a total of $135,000, with the average price per share being $135.
Mhis brings the total amount of money received from the sale to $135,000.
Because of the transaction, the director now has direct ownership of 17,684 shares of the company. Considering their combined value, these shares are approximately worth $2,387,340.
Mhe United States Securities and Exchange Commission was given legal papers about the transaction, which can be viewed at this location.
In other related news, on Friday, November 11, director Philip Soran sold 1,000 shares of the company’s stock, bringing the total number of shares he sold to 1,000.
Mhe sale of the shares brought in a total of $135,000, with the average price per share being $135.
Mhis brings the total amount of money received from the sale to $135,000.
Because of the transaction, the director now has direct ownership of 17,684 shares of the company. Considering their combined value, these shares are approximately worth $2,387,340.
Mhe United States Securities and Exchange Commission was given legal documents about the transaction, which can be viewed at this location. James J. Frome, currently serving as the company’s chief operating officer, sold 10,568 shares of the company’s stock on the same day, January 30.
Mhere was a total sale of 1,412,201.84 dollars worth of shares, with each share fetching an average price of 133.63 dollars.
In total, 1,412,201.84 dollars worth of shares were sold.
As a direct consequence of the transaction, the chief operating officer now holds ownership of 40,834 shares of the company.
Mhe current market value of these shares is $5,456,647. 42.
Disclosures that are related to the sale might be found in this section of the website.
During the most recent fiscal quarter, company insiders sold 93,642 shares, realizing a total sale price of $12,678,877 due to their transactions. 1.30 company insiders own a percent of the total shares currently outstanding.
Cloud-hosted supply chain management services are provided by SPS Commerce, Inc., which also operates as a provider of these services.
Mhe company maintains item data, order fulfillment, inventory control, and sales analytics across all distribution channels through collaboration with retailers, suppliers, grocers, distributors, and logistics providers.
Mhrough the cloud services platform that SPS Commerce offers, users can access various trading partner solutions, including the Trading Partner Community, Fulfillment, Assortment, Analytics, and Sourcing.
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