Archie C. Black, CEO at SPS COMMERCE INC (SPSC), sold 40,000 shares at $62.54 ($2.5M) on 2020-05-20, disclosed to the SEC on 2020-05-22.
Seasonal sale ($2.5M) by CEO — this insider has traded SPSC in May in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $62.54 | 1,390 | $87K | 3.5% |
| 2 | $62.54 | 1,390 | $87K | 3.5% |
| 3 | $62.69 | 18,610 | $1.2M | 46.5% |
| 4 | $62.69 | 18,610 | $1.2M | 46.5% |
| Total | $62.68 avg | 40,000 | $2.5M | 100% |
| Filing → |
| SPSC | SELL | 2024-02-02 | $7.3M | — | Filing → |
| SPSC | SELL | 2023-12-01 | $11.6M | — | Filing → |
| SPSC | SELL | 2023-02-24 | $4.8M | — | Filing → |