In a filing, SPS Commerce Inc revealed its EVP, Chief Sales Officer Juckniess Dan unloaded Company’s shares for reported $1.17 million on Dec 18 ’24. In the deal valued at $200.31 per share,5,831 shares were sold. As a result of this transaction, Juckniess Dan now holds 23,833 shares worth roughly $4.53 million.
Then, Juckniess Dan sold 300 shares, generating $60,038 in total proceeds. Upon selling the shares at $200.13, the EVP, Chief Sales Officer now owns 23,705 shares.
Before that, DANIEL JUCKNIESS bought 10,335 shares. SPS Commerce Inc shares valued at $2,045,193 were divested by the Officer at a price of $197.89 per share.
Piper Sandler initiated its SPS Commerce Inc [SPSC] rating to a Neutral in a research note published on November 25, 2024; the price target was $198. A number of analysts have revised their coverage, including Northland Capital’s analysts, who decreased its forecast for the stock in late July from “an Outperform” to “a Market perform”. Redburn Atlantic began covering SPSC with “Buy” recommendation on May 14, 2024. Citigroup started covering the stock on March 13, 2024. It rated SPSC as “a Buy”.
Price Performance Review of SPSC
On Tuesday, SPS Commerce Inc [NASDAQ:SPSC] saw its stock jump 2.04% to $189.95. Over the last five days, the stock has lost -4.46%. SPS Commerce Inc shares have fallen nearly -2.01% since the year began. Nevertheless, the stocks have fallen -1.78% over the past one year. While a 52-week high of $218.74 was reached on 02/09/24, a 52-week low of $160.58 was recorded on 04/18/24. SMA at 50 days reached $186.72, while 200 days put it at $188.61.
Levels Of Support And Resistance For SPSC Stock
The 24-hour chart illustrates a support level at 186.55, which if violated will result in even more drops to 183.16. On the upside, there is a resistance level at 191.84. A further resistance level may holdings at 193.74. The Relative Strength Index (RSI) on the 14-day chart is 49.02, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -5.20, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 69.39%. Stochastics %K at 19.25% indicates the stock is a buying.
How much short interest is there in SPS Commerce Inc?
A steep rise in short interest was recorded in SPS Commerce Inc stocks on 2024-11-29, growing by 0.24 million shares to a total of 0.96 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 0.72 million shares. There was a rise of 24.69%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on November 14, 2023 when DA Davidson began covering the stock and recommended ‘”a Buy”‘ rating along with a $200 price target.
