SPS Commerce Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

NasdaqGS:SPSC Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Role	Shares	Max Price
22 Feb 24	SellUS$4,309,293	Archie Black	Individual		23,578	US$186.18
15 Feb 24	SellUS$325,398	Sven Wehrwein	Individual		1,640	US$198.41

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of SPSC?
Owner Type	Number of Shares	Ownership Percentage
State or Government	17,716	0.0464%
Individual Insiders	332,320	0.87%
Institutions	37,830,079	99.1%

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.4%.

Top Shareholders

Top 25 shareholders own 68.07% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
15.5%	BlackRock, Inc.	5,835,928	US$1.1b	0.21%	0.02%
12.2%	The Vanguard Group, Inc.	4,563,172	US$863.0m	3.6%	0.01%
4.35%	Neuberger Berman Investment Advisers LLC	1,635,401	US$309.3m	-1.5%	0.23%
3.84%	State Street Global Advisors, Inc.	1,444,083	US$273.1m	1.15%	0.01%
3.32%	Conestoga Capital Advisors, LLC	1,248,581	US$236.1m	1.72%	2.94%
2.49%	Geode Capital Management, LLC	937,321	US$177.3m	1.54%	0.01%
2.24%	Congress Asset Management Company, LLP	841,243	US$159.1m	0.13%	1.02%
1.89%	Kayne Anderson Rudnick Investment Management, LLC	711,607	US$134.6m	-12%	0.26%
1.87%	Riverbridge Partners, LLC	701,977	US$132.8m	-9.02%	1.61%
1.83%	AllianceBernstein L.P.	685,661	US$129.7m	-4.67%	0.04%
1.8%	Stichting Pensioenfonds ABP	675,339	US$127.7m	-37.7%	0.28%
1.8%	FMR LLC	675,054	US$127.7m	18.3%	0.01%
1.53%	Columbia Management Investment Advisers, LLC	573,969	US$108.6m	-7.65%	0.02%
1.44%	Macquarie Investment Management Business Trust	541,294	US$102.4m	-0.59%	0.11%
1.43%	Eaton Vance Management	538,955	US$101.9m	24.9%	0.02%
1.24%	Charles Schwab Investment Management, Inc.	465,144	US$88.0m	1.79%	0.01%
1.22%	Northern Trust Global Investments	458,202	US$86.7m	2.06%	0.01%
1.21%	Fred Alger Management, LLC	455,903	US$86.2m	-5.69%	0.37%
1.18%	Nationwide Fund Advisors	443,787	US$83.9m	0.45%	0.5%
1.13%	Norges Bank Investment Management	423,444	US$80.1m	0%	0.01%
1.1%	Dimensional Fund Advisors LP	413,290	US$78.2m	-16.9%	0.01%
1.01%	T. Rowe Price Group, Inc.	380,997	US$72.1m	-2.33%	0.01%
0.92%	Invesco Ltd.	346,406	US$65.5m	15.7%	0.02%
0.78%	BNY Asset Management	292,492	US$55.3m	-12%	0.01%
0.76%	Lord, Abbett & Co. LLC	283,685	US$53.7m	27.9%	0.16%