Anson Funds Management LP Purchases Shares of 100,000 Lightspeed Commerce Inc. $LSPD

Key Points

• Anson Funds Management LP has purchased 100,000 shares of Lightspeed Commerce Inc. ($LSPD) for approximately $876,000, representing a stake of 0.07% in the company.
• Various hedge funds have increased their stakes in Lightspeed Commerce, with British Columbia Investment Management Corp raising its holdings by 13.2% to own 140,426 shares worth $1,229,000.
• Analysts have raised price targets for Lightspeed Commerce, with Barclays and Morgan Stanley setting their objectives at $15.00 and $14.00 respectively, suggesting a general positive outlook on the stock's performance.

Anson Funds Management LP purchased a new stake in Lightspeed Commerce Inc. (NYSE:LSPD - Free Report) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 100,000 shares of the company's stock, valued at approximately $876,000. Anson Funds Management LP owned 0.07% of Lightspeed Commerce at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of the stock. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp boosted its holdings in Lightspeed Commerce by 13.2% in the 1st quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 140,426 shares of the company's stock valued at $1,229,000 after purchasing an additional 16,350 shares during the period. Quantbot Technologies LP bought a new stake in Lightspeed Commerce in the 1st quarter valued at $1,052,000. Wellington Management Group LLP raised its stake in shares of Lightspeed Commerce by 10.4% in the 1st quarter. Wellington Management Group LLP now owns 738,428 shares of the company's stock valued at $6,461,000 after buying an additional 69,583 shares in the last quarter. Nuveen LLC acquired a new position in shares of Lightspeed Commerce in the 1st quarter valued at $1,026,000. Finally, Connor Clark & Lunn Investment Management Ltd. raised its stake in shares of Lightspeed Commerce by 9.8% in the 1st quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,489,100 shares of the company's stock valued at $13,030,000 after buying an additional 132,500 shares in the last quarter. 68.68% of the stock is owned by institutional investors.

Lightspeed Commerce Trading Up 4.4%

Shares of LSPD stock opened at $12.2350 on Friday. Lightspeed Commerce Inc. has a 12-month low of $7.34 and a 12-month high of $18.96. The company has a market capitalization of $1.65 billion, a P/E ratio of -2.72, a P/E/G ratio of 8.29 and a beta of 2.48. The firm has a 50-day moving average price of $12.10 and a 200 day moving average price of $11.20. 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 (NYSE:LSPD - Get Free Report) last announced its quarterly earnings results on Thursday, July 31st. The company reported $0.06 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.11 by ($0.05). The firm had revenue of $304.94 million for the quarter, compared to the consensus estimate of $287.28 million. Lightspeed Commerce had a negative net margin of 61.11% and a positive return on equity of 0.33%. The company's revenue for the quarter was up 14.6% on a year-over-year basis. During the same period in the prior year, the business earned $0.10 earnings per share. Lightspeed Commerce has set its FY 2026 guidance at EPS. Q2 2026 guidance at EPS. Research analysts forecast that Lightspeed Commerce Inc. will post 0.08 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on LSPD shares. Truist Financial increased their price objective on shares of Lightspeed Commerce from $11.00 to $12.00 and gave the company a "hold" rating in a research note on Thursday, July 17th. Barclays increased their price objective on shares of Lightspeed Commerce from $12.00 to $15.00 and gave the company an "equal weight" rating in a research note on Friday, August 1st. Morgan Stanley increased their price objective on shares of Lightspeed Commerce from $12.00 to $14.00 and gave the company an "equal weight" rating in a research note on Wednesday. Stifel Nicolaus increased their price objective on shares of Lightspeed Commerce from $12.00 to $14.00 and gave the company a "hold" rating in a research note on Friday, August 1st. Finally, National Bankshares lifted their price target on shares of Lightspeed Commerce from $13.00 to $15.00 and gave the company a "sector perform" rating in a report on Friday, August 1st. Five research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Lightspeed Commerce currently has an average rating of "Hold" and a consensus price target of $14.53.

Lightspeed Commerce Company 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.

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