Archie Black's insider trading has seen considerable movements, particularly in 2021 when his net worth in SPS Commerce shares peaked at $11.68 million. This marked a time of significant confidence in the company's growth as Black was heavily invested in...
Archie Black's insider trading has seen considerable movements, particularly in 2021 when his net worth in SPS Commerce shares peaked at $11.68 million. This marked a time of significant confidence in the company's growth as Black was heavily invested in its success. Over the years, his holdings fluctuated, starting at $6.61 million in September 2019, amid steady increases. The highest recorded value of his investments was $12.55 million in February 2024, illustrating his strong belief in the company's performance and potential. Following the announcement of his stepping down, it will be interesting to see how the stock continues to perform, reflecting the impact of leadership changes on market confidence. Black's strategy often relied on aligning his investment interests with those of the shareholders, showing a commitment to the company's long-term success.