Lightspeed Commerce Inc. (TSE:LSPD) Senior Officer John Shapiro Sells 855 Shares of Stock

Lightspeed Commerce Inc. (TSE:LSPD) Senior Officer John Shapiro sold 855 shares of the business’s stock in a transaction dated Tuesday, May 27th. The stock was sold at an average price of C$14.60, for a total value of C$12,483.22.

Lightspeed Commerce Trading Up 0.9%

Shares of TSE:LSPD opened at C$14.74 on Friday. Lightspeed Commerce Inc. has a 12-month low of C$10.50 and a 12-month high of C$26.60. The firm has a fifty day moving average of C$13.53 and a two-hundred day moving average of C$18.40. The company has a quick ratio of 6.05, a current ratio of 6.10 and a debt-to-equity ratio of 0.83. The firm has a market capitalization of C$1.60 billion, a P/E ratio of -13.10 and a beta of 2.69.

Analyst Ratings Changes

Several research analysts have recently weighed in on LSPD shares. Stifel Nicolaus dropped their target price on shares of Lightspeed Commerce from C$18.00 to C$15.00 and set a “hold” rating on the stock in a research report on Friday, February 7th. Scotiabank decreased their price objective on shares of Lightspeed Commerce from C$21.00 to C$19.00 and set an “outperform” rating for the company in a research note on Friday, February 7th. Cormark lowered their price objective on shares of Lightspeed Commerce from C$24.00 to C$21.00 and set a “buy” rating on the stock in a research report on Thursday, March 27th. BMO Capital Markets cut their target price on shares of Lightspeed Commerce from C$20.00 to C$15.00 and set an “outperform” rating on the stock in a research note on Friday, February 7th. Finally, JPMorgan Chase & Co. cut Lightspeed Commerce from a “neutral” rating to an “underperform” rating and decreased their target price for the stock from C$14.00 to C$13.00 in a research report on Monday, April 14th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of C$18.30.

Lightspeed Commerce Company Profile

Lightspeed Commerce Inc provides an omni-channel commerce-enabling SaaS platform. Its software platform provides customers with the functionality it needs to engage with consumers, manage their operations, accepts payments, and grow their business. The company sells its platform through a direct sales force in the United States, Canada, Netherlands, Australia, and other countries.