Director Marty Reaume Sells 3,285 Shares of SPS Commerce Inc (SPSC)
Director Marty Reaume has sold 3,285 shares of SPS Commerce Inc (NASDAQ:SPSC) on December 19, 2023, according to a recent SEC filing. The transaction was executed at an average price of $190.61 per share, resulting in a total sale amount of $626,053.85.SPS Commerce Inc is a provider of cloud-based supply chain management solutions for suppliers, retailers, and distributors. The company's services include global data synchronization, sales data analysis, and point-of-sale management, among others. SPS Commerce's solutions are designed to improve the way companies manage and fulfill orders, manage inventory, and complete other critical supply chain functions.Over the past year, the insider has sold a total of 6,570 shares of SPS Commerce Inc and has not made any purchases of the stock. The insider transaction history for SPS Commerce Inc shows a pattern of 27 insider sells and no insider buys over the past year.
The market capitalization of SPS Commerce Inc stands at $6.931 billion as of the date of the insider's recent sale. The stock's price-earnings ratio is 112.43, which is above the industry median of 26.79. However, it is below the companys historical median price-earnings ratio.With the stock trading at $190.61 and a GuruFocus Value of $163.03, SPS Commerce Inc has a price-to-GF-Value ratio of 1.17, indicating that the stock is considered Modestly Overvalued based on its GF Value.
The GF Value is calculated considering historical trading multiples, a GuruFocus adjustment factor based on the company's past returns and growth, and future business performance estimates provided by Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
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