Iridian Asset Management Has Increased Casey’s General Stores (CASY) Position By $14.04 Million; Profile of 7 Analysts Covering SPS Commerce, Inc. (SPSC)

November 15, 2017 - By Ellis Scott

Iridian Asset Management Llc increased Casey’s General Stores Inc (CASY) stake by 9.23% reported in 2017Q2 SEC filing. Iridian Asset Management Llc acquired 131,245 shares as Casey’s General Stores Inc (CASY)’s stock declined 2.30%. The Iridian Asset Management Llc holds 1.55 million shares with $166.38M value, up from 1.42 million last quarter. Casey’s General Stores Inc now has $4.40 billion valuation. The stock increased 0.31% or $0.36 during the last trading session, reaching $115.98. About shares traded. Casey’s General Stores Inc (NASDAQ:CASY) has risen 0.79% since November 15, 2016 and is uptrending. It has underperformed by 15.91% the S&P500.

Among 12 analysts covering SPS Commerce (NASDAQ:SPSC), 7 have Buy rating, 1 Sell and 4 Hold. Therefore 58% are positive. SPS Commerce had 30 analyst reports since July 27, 2015 according to SRatingsIntel. Needham maintained SPS Commerce, Inc. (NASDAQ:SPSC) rating on Monday, October 23. Needham has “Buy” rating and $64.0 target. Stifel Nicolaus maintained it with “Buy” rating and $68 target in Friday, October 27 report. Benchmark initiated SPS Commerce, Inc. (NASDAQ:SPSC) rating on Tuesday, December 6. Benchmark has “Buy” rating and $84 target. The rating was initiated by Pacific Crest on Friday, September 30 with “Overweight”. The firm has “Overweight” rating by First Analysis given on Tuesday, September 27. The firm earned “Outperform” rating on Friday, October 27 by Oppenheimer. Needham maintained SPS Commerce, Inc. (NASDAQ:SPSC) on Monday, September 26 with “Buy” rating. Oppenheimer maintained SPS Commerce, Inc. (NASDAQ:SPSC) on Friday, July 28 with “Buy” rating. The stock of SPS Commerce, Inc. (NASDAQ:SPSC) earned “Buy” rating by Needham on Wednesday, September 20. The stock of SPS Commerce, Inc. (NASDAQ:SPSC) has “Sector Weight” rating given on Wednesday, February 8 by Pacific Crest. See SPS Commerce, Inc. (NASDAQ:SPSC) latest ratings:

30/10/2017 Broker: Benchmark Old Rating: Hold New Rating: Sell Downgrade
27/10/2017 Broker: Northland Capital Rating: Buy New Target: $65.0 Maintain
27/10/2017 Broker: Canaccord Genuity Rating: Hold Old Target: $65 New Target: $62 Maintain
27/10/2017 Broker: Oppenheimer Rating: Outperform Old Target: $74 New Target: $62 Maintain
27/10/2017 Broker: Stifel Nicolaus Rating: Buy Old Target: $75 New Target: $68 Maintain
23/10/2017 Broker: Needham Rating: Buy New Target: $64.0 Maintain
16/10/2017 Broker: KeyBanc Capital Markets Rating: Hold Maintain
20/09/2017 Broker: Needham Rating: Buy New Target: $64.0 Maintain
08/08/2017 Broker: Oppenheimer Rating: Buy Maintain
28/07/2017 Broker: Oppenheimer Rating: Buy New Target: $74.0000 Maintain

Since June 1, 2017, it had 0 buys, and 1 insider sale for $45,119 activity. $45,119 worth of SPS Commerce, Inc. (NASDAQ:SPSC) shares were sold by Smerklo Michael A.

SPS Commerce, Inc. is a provider of cloud supply chain management solutions, providing network-proven fulfillment, sourcing and item assortment management solutions, along with retail performance analytics. The company has market cap of $802.14 million. The Firm provides its solutions through the SPS Commerce platform, a cloud product suite that manages the way suppliers, retailers, distributors and logistics firms orchestrate the sourcing, set up of new vendors and items, and fulfillment of products that clients buy from retailers and suppliers. It has a 95.71 P/E ratio. The Fulfillment solution provides fulfillment automation and replaces or augments an organization’s existing trading partner electronic communication infrastructure, enabling suppliers to have visibility into the journey of an order and comply with retailers’ rule books and enabling the electronic exchange of information among various trading partners through various protocols.

Investors sentiment decreased to 0.88 in 2017 Q2. Its down 0.41, from 1.29 in 2017Q1. It fall, as 16 investors sold SPS Commerce, Inc. shares while 49 reduced holdings. 18 funds opened positions while 39 raised stakes. 16.82 million shares or 0.15% less from 16.85 million shares in 2017Q1 were reported. Bnp Paribas Arbitrage Sa owns 5,073 shares. D E Shaw And reported 0% of its portfolio in SPS Commerce, Inc. (NASDAQ:SPSC). Prudential Fin Inc reported 29,299 shares. Moreover, Tiedemann Wealth Management Ltd Liability Corp has 0.02% invested in SPS Commerce, Inc. (NASDAQ:SPSC). Moreover, Thompson Siegel Walmsley Limited Liability Com has 0% invested in SPS Commerce, Inc. (NASDAQ:SPSC) for 350 shares. Pacad stated it has 0.04% of its portfolio in SPS Commerce, Inc. (NASDAQ:SPSC). Fifth Third Savings Bank reported 1,171 shares or 0% of all its holdings. Stephens Invest Management Group Ltd Limited Liability Company has 0.33% invested in SPS Commerce, Inc. (NASDAQ:SPSC) for 216,196 shares. Wealthtrust has invested 0.01% of its portfolio in SPS Commerce, Inc. (NASDAQ:SPSC). Pub Sector Pension Board reported 8,900 shares. 25,346 were accumulated by Geneva Ltd Co. Capstone Asset Mgmt Company owns 4,843 shares or 0.01% of their US portfolio. Sei Communication, Pennsylvania-based fund reported 633 shares. Manufacturers Life Ins The has invested 0% in SPS Commerce, Inc. (NASDAQ:SPSC). Howe And Rusling Inc has 0% invested in SPS Commerce, Inc. (NASDAQ:SPSC) for 44 shares.

The stock decreased 0.49% or $0.23 during the last trading session, reaching $46.57. About shares traded. SPS Commerce, Inc. (NASDAQ:SPSC) has risen 11.79% since November 15, 2016 and is uptrending. It has underperformed by 4.91% the S&P500.

Among 10 analysts covering Casey’s General Stores (NASDAQ:CASY), 6 have Buy rating, 0 Sell and 4 Hold. Therefore 60% are positive. Casey’s General Stores has $145 highest and $105.0 lowest target. $121.13’s average target is 4.44% above currents $115.98 stock price. Casey’s General Stores had 44 analyst reports since August 18, 2015 according to SRatingsIntel. RBC Capital Markets maintained Casey’s General Stores Inc (NASDAQ:CASY) on Tuesday, December 8 with “Sector Perform” rating. The company was upgraded on Friday, September 11 by BMO Capital Markets. As per Monday, August 28, the company rating was maintained by RBC Capital Markets. The firm earned “Buy” rating on Friday, August 25 by Jefferies. Zacks upgraded Casey’s General Stores Inc (NASDAQ:CASY) rating on Thursday, September 3. Zacks has “Buy” rating and $118 target. RBC Capital Markets maintained Casey’s General Stores Inc (NASDAQ:CASY) rating on Thursday, September 8. RBC Capital Markets has “Outperform” rating and $143 target. RBC Capital Markets maintained Casey’s General Stores Inc (NASDAQ:CASY) rating on Friday, September 29. RBC Capital Markets has “Hold” rating and $116.0 target. RBC Capital Markets maintained the stock with “Hold” rating in Monday, May 29 report. RBC Capital Markets maintained Casey’s General Stores Inc (NASDAQ:CASY) rating on Tuesday, November 17. RBC Capital Markets has “Sector Perform” rating and $122 target. The stock of Casey’s General Stores Inc (NASDAQ:CASY) has “Sector Perform” rating given on Tuesday, March 7 by RBC Capital Markets.

Iridian Asset Management Llc decreased Crossamerica Partners Lp (NYSE:CAPL) stake by 15,460 shares to 144,221 valued at $3.68M in 2017Q2. It also reduced Pinnacle Foods Inc (NYSE:PF) stake by 1.51 million shares and now owns 1.90M shares. Laboratory Corp Of America Holdings (NYSE:LH) was reduced too.

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By1 Ellis Scott




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