Company Analysis

SPS Commerce, Inc. (SPSC)

Nasdaq: SPSC · Services-Prepackaged Software · Minneapolis, MN · filing with the SEC since 2002
Grade6.1
◀ Past 6.9● Present 6.2▶ Future 5.6

Who owns SPS Commerce, Inc.

As filed with the SEC
Holders of 5% or more
4
Blackrock, Inc. holds 14.7% of Common Stock, as its SCHEDULE 13G/A filed Oct 17, 2025 says.
Directors and officers
13
report now, of 22 people on the record since 2010. Their holdings as a group are not read here.
Institutions as a whole
n/a
The record does not read the share held by managers that file Form 13F, so none is printed and no split of the rest is estimated. What it holds is the 4 named at left.
Holders of 5% or moreshare of the class, as filed
Blackrock, Inc.
14.7%
Vanguard Portfolio Management
8.01%
Disciplined Growth Investors Inc /mn
5.9%
Vanguard Capital Management
5.3%
The Vanguard Group
SCHEDULE 13G/A · filed Mar 27, 2026 · Common Stock · reported falling below 5%, from 13% in Oct 31, 2025
under 5%
What SPSC reports owning in othersstakes of 5% or more, and other ties
Other ties the annual report names
Carbon 6
A company bought · acquisition · Jan 2025 · owns, named in the 10-K filed Feb 19, 2026
SupplyPike, Inc.
A company bought · acquisition · Jul 2024 · owns, named in the 10-K filed Feb 19, 2026
Traverse Systems
A company bought · acquisition · Apr 2024 · owns, named in the 10-K filed Feb 19, 2026
Vision33 SAP Business One SPS Integration Technology
A company bought · acquisition · Mar 2024 · owns, named in the 10-K filed Feb 19, 2026

33 subsidiaries in 12 countries, from the list filed with the 10-K filed Feb 19, 2026.

Insider tradesForm 4
16sales
0purchases
14sales on a scheduled plan
4people selling
$3.0Msold, in dollars
$0bought, in dollars
Open-market trades on Form 4 from Nov 10, 2025 to Nov 10, 2026. A scheduled plan is a selling program set in advance under SEC rule 10b5-1. The trades are listed as filed and do not feed the grade.
By calendar yearSoldBought
17181920212223242526
2026 runs to Nov 10, 2026. Dollars as filed, summed by the transaction date.
People who traded in the window4 of 22 on the roster
PersonRole as filedSalesSoldOn a planBuysBought
Thingelstad JamieEVP, Chief Technology Officer3$1.0M20$0
Collins ChadwickChief Executive Officer3$800,00030$0
Reaume Marty Mdirector7$800,00060$0
Nelson Kimberly K.EVP & CFO3$400,00030$0
SI Assistanton SPSC · research, not advice