Sps Commerce Inc (SPSC) Files Form 4 Insider Selling : Archie C. Black Sells 10,000 Shares

Sps Commerce Inc (SPSC): Archie C. Black , CEO of Sps Commerce Inc sold 10,000 shares on May 2, 2016. The Insider selling transaction was reported by the company on May 4, 2016 to the Securities and Exchange Commission. The shares were sold at $51.63 per share for a total value of $516,289.81 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Apr 29, 2016, Archie C. Black (CEO) sold 10,000 shares at $50.00 per share price.On Nov 5, 2015, James J. Frome (EVP & Chief Operating Officer) sold 7,160 shares at $73.53 per share price.Also, On Nov 2, 2015, Kimberly K. Nelson (EVP & CFO) sold 7,943 shares at $71.74 per share price.On Feb 27, 2015, Sven Wehrwein (director) sold 4,000 shares at $69.00 per share price.

SPS Commerce: On Wednesday, May 4, 2016 heightened volatility was witnessed in SPS Commerce which led to swings in the share price. The shares opened for trading at $51.79 and hit $52.15 on the upside , eventually ending the session at $51.99, with a gain of 0.08% or 0.04 points. The heightened volatility saw the trading volume jump to 1,97,185 shares. The 52-week high of the share price is $78.29 and the company has a market cap of $878 M . The 52-week low of the share price is at $38.35.

SPS Commerce Money Flow Index Chart

SPS Commerce Inc. is a provider of cloud-based supply chain management solutions. The Company provides integrations and retail performance analytics across the world. The Company provides its solutions through the SPS Commerce platform a cloud-based product suite that enables suppliers retailers distributors and other customers place manage and fulfill orders. The Company’s platform consists of a set of coupled cloud services. The Company’s fulfillment product combines integrations that comply with various rule books for retailers and distributors. By maintaining current integrations with retailers the Company’s platform obviates the need for suppliers to continually stay up-to-date with the rule book changes required by retailers. The SPS Commerce cloud services platform offers a range of solutions: Trading Partner Fulfillment Trading Partner Assortment Trading Partner Analytics Trading Partner Sourcing Trading Partner Enablement and Other Trading Partner Solutions.

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