Sapiens International Corporation N.V. - Common Shares (SPNS)
SPNS moved a median of +0.04% 30 minutes after news, and +0.08% by the close. How SPNS actually reacts to news — the realized, point-in-time move the market made, measured across 314 labeled events over the last three years with zero look-ahead.
SPNS’s median reaction, across the day.
| Horizon | Median | % positive | Events |
|---|---|---|---|
| 5-min | 0.00% | 46% | 293 |
| 30-min | +0.04% | 53% | 297 |
| 60-min | +0.09% | 55% | 297 |
| to close | +0.08% | 57% | 292 |
| Middle 50% of SPNS reactions | -0.36% to +0.42% |
|---|---|
| Median reaction (30-min) | +0.04% |
| Measured reactions | 314 |
Half of all Sapiens International Corporation N.V. - Common Shares news events land between -0.36% and +0.42% at 30 minutes.
Reaction stats as of 2026-09-21. Newest measured event . Reaction = percent move vs. the price at the news timestamp.
How SPNS reacts, by analyst action.
| Event | Events | Median 30-min | % positive | Median to close |
|---|---|---|---|---|
| Analyst downgrades | 12 | +0.09% | 75% | +0.12% |
| Rating reiterations | 15 | -0.11% | 47% | +0.89% |
Last 3 years, pulled 2026-09-21. Reaction = percent move vs. the price at the news timestamp. Counts and medians only. The same measurement runs across every name in the dataset. 3 further classes were observed with fewer than 10 measured events and are not published. See how SPNS ranks against every other measured name →
That’s how SPNS usually reacts — get an email when it moves on news →Email me when SPNS moves on news.
One email per qualifying move — the headline, the measured reaction, and how it compares to SPNS's baseline. Nothing else.
Recent SPNS events, each with its measured reaction.
| Date | Headline | Event | Source | 5-min | To close |
|---|---|---|---|---|---|
| Sapiens welcomes ADIA as an investor | Press release | PR Newswire | — | — | |
| Sapiens Selects Industry Leader as Chief Marketing Officer | Press release | PR Newswire | — | — | |
| Sapiens' Life Software Solutions Named "Luminary" by Celent and Win Multiple XCelent Awards in North America and EMEA | Press release | PR Newswire | — | — | |
| Form 6-K SAPIENS INTERNATIONAL For: Dec 17 | SEC filing · Form 6-K | SEC EDGAR | — | — | |
| Form S-8 POS SAPIENS INTERNATIONAL | SEC filing · Form S-8 | SEC EDGAR | — | — | |
| Sapiens Announces Leadership Appointments Following Closing of Acquisition by Advent | Press release | PR Newswire | — | — | |
| Form 6-K SAPIENS INTERNATIONAL For: Nov 19 | SEC filing · Form 6-K | SEC EDGAR | -0.12% | -0.16% | |
| Form 6-K SAPIENS INTERNATIONAL For: Nov 13 | SEC filing · Form 6-K | SEC EDGAR | +0.00% | — | |
| Sapiens Reports Third Quarter 2025 Financial Results | Press release | PR Newswire | +0.00% | — | |
| Form 6-K SAPIENS INTERNATIONAL For: Nov 06 | SEC filing · Form 6-K | SEC EDGAR | +0.00% | +0.02% | |
| SAPIENS TO ANNOUNCE THIRD QUARTER 2025 FINANCIAL RESULTS ON NOVEMBER 13, 2025 | Press release | PR Newswire | +0.00% | +0.02% | |
| Form 6-K SAPIENS INTERNATIONAL For: Oct 30 | SEC filing · Form 6-K | SEC EDGAR | +0.09% | +0.02% | |
| Sapiens Customer Summit Highlighted Transformative Insurance Technology in Phoenix, Arizona | Press release | PR Newswire | +0.09% | +0.02% | |
| Form 6-K SAPIENS INTERNATIONAL For: Oct 28 | SEC filing · Form 6-K | SEC EDGAR | -0.07% | +0.00% | |
| Sapiens Launches Decision Analytics, Bringing Real-Time Visibility and Optimization to AI Decisioning | Press release | PR Newswire | -0.07% | +0.00% | |
| Form 6-K SAPIENS INTERNATIONAL For: Oct 20 | SEC filing · Form 6-K | SEC EDGAR | +0.19% | +0.19% | |
| Form 6-K SAPIENS INTERNATIONAL For: Oct 09 | SEC filing · Form 6-K | SEC EDGAR | +0.00% | -0.19% | |
| Sapiens' AdvantageGo Unveils Underwriting Workbench 3.0 to Redefine Underwriting as an Intelligent Business Platform | Press release | PR Newswire | +0.00% | -0.19% | |
| Sapiens Announces Strategic Partnership with Linqura for P&C Underwriting Risk-Scoring | Press release | PR Newswire | +0.02% | +0.01% | |
| Form 6-K SAPIENS INTERNATIONAL For: Sep 17 | SEC filing · Form 6-K | SEC EDGAR | -0.02% | -0.07% | |
| MPS Completes Major IDITSuite Upgrade with Sapiens | Press release | PR Newswire | -0.02% | -0.07% | |
| Encova Insurance Leverages Sapiens to Streamline Testing and Improve Software Quality | Press release | PR Newswire | +0.02% | -0.09% | |
| Form 6-K SAPIENS INTERNATIONAL For: Sep 10 | SEC filing · Form 6-K | SEC EDGAR | +0.02% | -0.09% | |
| Form 6-K SAPIENS INTERNATIONAL For: Sep 09 | SEC filing · Form 6-K | SEC EDGAR | +0.00% | -0.09% | |
| Sapiens Launches Enhanced CoreSuite for P&C with Upgrades to Claims, Billing, and Underwriting | Press release | PR Newswire | +0.00% | -0.09% | |
| Bankers Insurance Group Selects Sapiens to Power Digital Modernization and Accelerate Strategic Growth | Press release | PR Newswire | -0.02% | — | |
| Form 6-K SAPIENS INTERNATIONAL For: Aug 20 | SEC filing · Form 6-K | SEC EDGAR | -0.02% | — | |
| Form 6-K SAPIENS INTERNATIONAL For: Aug 14 | SEC filing · Form 6-K | SEC EDGAR | +0.11% | +0.42% | |
| Form 6-K SAPIENS INTERNATIONAL For: Aug 13 | SEC filing · Form 6-K | SEC EDGAR | +0.04% | -0.07% | |
| Sapiens Reports Second Quarter 2025 Financial Results | Press release | PR Newswire | +0.04% | -0.07% | |
| Sapiens to be acquired by Advent for $2.5 Billion | Press release | PR Newswire | +0.04% | -0.07% | |
| SPNS Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Sapiens International Corporation N.V. Is Fair to Shareholders | Press release | Business Wire | +0.04% | -0.07% | |
| Form 6-K SAPIENS INTERNATIONAL For: Aug 07 | SEC filing · Form 6-K | SEC EDGAR | +0.13% | -0.60% | |
| Sapiens Named a "Dominant Provider" in Datos Insights' Life and Underwriting Report | Press release | PR Newswire | +0.13% | -0.60% | |
| Earnix and Sapiens Partner to Unlock Operational Efficiency for P&C Insurers in EMEA and APAC | Press release | PR Newswire | +0.90% | +0.68% | |
| Form 6-K SAPIENS INTERNATIONAL For: Aug 06 | SEC filing · Form 6-K | SEC EDGAR | +0.90% | +0.68% | |
| Form 6-K SAPIENS INTERNATIONAL For: Jul 23 | SEC filing · Form 6-K | SEC EDGAR | -0.13% | +0.20% | |
| SAPIENS TO ANNOUNCE SECOND QUARTER 2025 FINANCIAL RESULTS ON AUGUST 13, 2025 | Press release | PR Newswire | -0.13% | +0.20% | |
| Form 6-K SAPIENS INTERNATIONAL For: Jul 09 | SEC filing · Form 6-K | SEC EDGAR | -0.73% | +0.50% | |
| S&P Global Ratings Maalot Confirms Ratings of Sapiens and its Series B Debentures as "ilAA-" with a Stable Outlook/ "ilAA-" | Press release | PR Newswire | -0.73% | +0.50% | |
| Sapiens Named as an AI Decisioning Platform leader in Analyst Evaluation | Press release | PR Newswire | -0.73% | +0.50% | |
| Absa Life Goes Live with Sapiens Insurance Platform to Modernize Core Systems and Enhance Customer Journeys | Press release | PR Newswire | -1.40% | +1.36% | |
| Form 6-K SAPIENS INTERNATIONAL For: Jun 23 | SEC filing · Form 6-K | SEC EDGAR | -1.40% | +1.36% | |
| Form 6-K SAPIENS INTERNATIONAL For: Jun 17 | SEC filing · Form 6-K | SEC EDGAR | -0.78% | -1.42% | |
| Sapiens to Accelerate Insurers' Digital Transformation with AI-Driven Upgrades for Life, Pensions, & Annuities | Press release | PR Newswire | -0.78% | -1.42% | |
| Encova Insurance Selects Sapiens Decision to Power Enterprise-Wide Transformation | Press release | PR Newswire | +0.30% | +0.03% | |
| Form 6-K SAPIENS INTERNATIONAL For: Jun 10 | SEC filing · Form 6-K | SEC EDGAR | +0.30% | +0.03% | |
| Form 6-K SAPIENS INTERNATIONAL For: May 21 | SEC filing · Form 6-K | SEC EDGAR | +0.07% | +0.07% | |
| Leading U.S. Auto Claims Organization Selects Sapiens to Modernize Operations | Press release | PR Newswire | +0.07% | +0.07% | |
| Form 6-K SAPIENS INTERNATIONAL For: May 15 | SEC filing · Form 6-K | SEC EDGAR | +0.14% | +0.71% |
Each reaction is the move the market actually made, measured from the news timestamp. Headlines link through to the SPNS section they belong to.
Where else SPNS is measured.
SPNS earnings → · Analyst actions → · SEC filings →
Other Technology names, measured the same way
| Ticker | Events | Median 30-min | % positive |
|---|---|---|---|
| Avnet, Inc. (AVT) | 315 | +0.30% | 65% |
| Bridgeline Digital, Inc. (BLIN) | 315 | 0.00% | 49% |
| Shutterstock, Inc. (SSTK) | 311 | -0.12% | 47% |
| PAR Technology Corporation (PAR) | 310 | -0.07% | 45% |
Same sector, same measurement: percent move vs. the price at the news timestamp, read at 30 minutes. Sample sizes differ, so the medians are comparable but the confidence behind them is not.
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Every name we’ve measured, in one place.
How the numbers are made.
How is Sapiens International Corporation N.V. - Common Shares's median reaction calculated?
Every labeled SPNS news event is measured from its own timestamp: the last trade before the news is the base price, and the move is read at fixed horizons — 30 minutes of trading, then the close. The median across 314 events is what this page reports. Point-in-time, zero look-ahead: no event borrows information from a later one.
What counts as a positive reaction?
Any event whose price move is above zero at the horizon, relative to the last trade before the news timestamp. 53% of SPNS's measured events are up at 30 minutes; the rest close the window flat or negative.
How often is this page updated?
The news table refreshes automatically as new events are labeled and priced. The reaction medians are re-pulled in batches from the dataset — the figures here are as of 2026-09-21.
Does SPNS's past reaction predict its next one?
No. These are realized facts about past events, not forecasts. They describe a distribution — they say nothing certain about any future move.