Lightspeed Commerce Inc. $LSPD Shares Sold by Louisbourg Investments Inc.

Louisbourg Investments Inc. trimmed its stake in shares of Lightspeed Commerce Inc. (NYSE:LSPD) by 19.3% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 552,705 shares of the company’s stock after selling 131,804 shares during the quarter. Lightspeed Commerce accounts for 1.4% of Louisbourg Investments Inc.’s holdings, making the stock its 24th largest holding. Louisbourg Investments Inc. owned about 0.40% of Lightspeed Commerce worth $6,474,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Anson Funds Management LP acquired a new position in Lightspeed Commerce during the 1st quarter worth $876,000. Palogic Value Management L.P. lifted its holdings in Lightspeed Commerce by 179.3% during the 1st quarter. Palogic Value Management L.P. now owns 240,000 shares of the company’s stock worth $2,100,000 after buying an additional 154,071 shares during the last quarter. Wishbone Management LP purchased a new stake in Lightspeed Commerce during the 1st quarter worth about $32,156,000. Goldman Sachs Group Inc. lifted its holdings in Lightspeed Commerce by 151.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 2,148,959 shares of the company’s stock worth $18,803,000 after buying an additional 1,295,469 shares during the last quarter. Finally, Invenomic Capital Management LP purchased a new stake in Lightspeed Commerce during the 1st quarter worth about $1,963,000. 68.68% of the stock is owned by institutional investors and hedge funds.

Lightspeed Commerce Stock Down 5.6%

Shares of NYSE LSPD opened at $11.05 on Friday. The stock has a market cap of $1.49 billion, a PE ratio of -2.46, a price-to-earnings-growth ratio of 13.58 and a beta of 2.45. The company has a quick ratio of 4.50, a current ratio of 4.60 and a debt-to-equity ratio of 0.01. Lightspeed Commerce Inc. has a 52-week low of $7.34 and a 52-week high of $18.96. The business has a 50-day moving average price of $12.08 and a 200 day moving average price of $11.21.

Lightspeed Commerce (NYSE:LSPD) last announced its earnings results on Thursday, July 31st. The company reported $0.06 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.05). The firm had revenue of $304.94 million during the quarter, compared to analyst estimates of $287.28 million. Lightspeed Commerce had a negative net margin of 61.11% and a positive return on equity of 0.33%. The firm’s revenue for the quarter was up 14.6% compared to the same quarter last year. During the same period last year, the company earned $0.10 earnings per share. Lightspeed Commerce has set its FY 2026 guidance at EPS. Q2 2026 guidance at EPS. Equities research analysts forecast that Lightspeed Commerce Inc. will post 0.08 earnings per share for the current year.

Analyst Ratings Changes

A number of analysts have issued reports on LSPD shares. National Bankshares lifted their price target on Lightspeed Commerce from $13.00 to $15.00 and gave the stock a “sector perform” rating in a report on Friday, August 1st. TD Securities started coverage on Lightspeed Commerce in a report on Friday, October 3rd. They set a “hold” rating and a $13.00 price target for the company. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Lightspeed Commerce in a report on Wednesday. Royal Bank Of Canada set a $15.00 price target on Lightspeed Commerce and gave the stock an “outperform” rating in a report on Wednesday, September 17th. Finally, Truist Financial lifted their price target on Lightspeed Commerce from $11.00 to $12.00 and gave the stock a “hold” rating in a report on Thursday, July 17th. Four research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $13.70.

Lightspeed Commerce Profile

Lightspeed Commerce Inc engages in sale of cloud-based software subscriptions and payments solutions for small and midsize businesses, retailers, restaurants, and golf course operators in North America, Europe, the United Kingdom, Australia, New Zealand, and internationally. Its Software as a Service platform enables customers to engage with consumers, manage operations, accept payments, etc.