Archie C. Black, CEO at SPS COMMERCE INC (SPSC), sold 32,896 shares at $149.06 ($4.8M) on 2023-02-22, disclosed to the SEC on 2023-02-24.
Seasonal sale ($4.8M) by CEO — this insider has traded SPSC in February in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $146.12 | 6,663 | $974K | 20.1% |
| 2 | $146.12 | 6,663 | $974K | 20.1% |
| 3 | $147.13 | 5,470 | $805K | 16.6% |
| 4 | $147.13 | 5,470 | $805K | 16.6% |
| 5 | $148.07 | 3,115 | $461K | 9.5% |
| 6 | $148.07 | 3,115 |
| $461K |
| 9.5% |
| 7 | $149.06 | 1,800 | $268K | 5.5% |
| 8 | $150.05 | 300 | $45K | 0.9% |
| 9 | $151.18 | 300 | $45K | 0.9% |
| Total | $147.07 avg | 32,896 | $4.8M | 100% |
| Filing → |
| SPSC | SELL | 2024-02-02 | $7.3M | — | Filing → |
| SPSC | SELL | 2023-12-01 | $11.6M | — | Filing → |
| SPSC | SELL | 2023-02-21 | $1.3M | — | Filing → |