James J. Frome, President & COO at SPS COMMERCE INC (SPSC), sold 8,326 shares at $146.93 ($1.2M) on 2023-02-22, disclosed to the SEC on 2023-02-24.
Seasonal sale ($1.2M) by President & COO — 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 | $146.06 | 1,482 | $216K | 17.7% |
| 2 | $146.06 | 1,482 | $216K | 17.7% |
| 3 | $146.93 | 2,104 | $309K | 25.3% |
| 4 | $146.93 | 2,104 | $309K | 25.3% |
| 5 | $148.40 | 402 | $60K | 4.9% |
| 6 | $148.40 | 402 |
| $60K |
| 4.9% |
| 7 | $149.16 | 250 | $37K | 3.0% |
| 8 | $150.56 | 100 | $15K | 1.2% |
| Total | $146.87 avg | 8,326 | $1.2M | 100% |
| Filing → |
| SPSC | SELL | 2024-02-26 | $990K | — | Filing → |
| SPSC | SELL | 2024-02-20 | $1.1M | — | Filing → |
| SPSC | SELL | 2024-02-02 | $7.4M | — | Filing → |