Investment Manager Sells $45.7 Million Worth of SPS Commerce Shares
Conestoga Capital Advisors, LLC sold 634,534 shares of SPS Commerce (NASDAQ:SPSC) for an estimated $45.72 million, according to an April 24, 2026 SEC filing. The sale reduced the fund's stake in SPS Commerce to 0.01% of its AUM, with the stock down 59.8% over the past year. The transaction reflects a broader underperformance of SPS Commerce relative to the S&P 500.
Tickers: $SPSC
Topics: Conestoga Capital Advisors investment activity SEC filings SPS Commerce stock sales