100,000 Shares in Lightspeed Commerce Inc. $LSPD Purchased by Anson Funds Management LP

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 position in Lightspeed Commerce Inc. (NYSE:LSPD - Free Report) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 100,000 shares of the company's stock, valued at approximately $876,000. Anson Funds Management LP owned approximately 0.07% of Lightspeed Commerce at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Mitsubishi UFJ Asset Management Co. Ltd. increased its position in shares of Lightspeed Commerce by 11.2% during the first quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 11,197 shares of the company's stock worth $98,000 after acquiring an additional 1,124 shares during the period. Geode Capital Management LLC grew its stake in Lightspeed Commerce by 3.6% during the 4th quarter. Geode Capital Management LLC now owns 67,267 shares of the company's stock valued at $1,036,000 after acquiring an additional 2,347 shares in the last quarter. Toronto Dominion Bank grew its stake in Lightspeed Commerce by 17.6% during the 4th quarter. Toronto Dominion Bank now owns 20,477 shares of the company's stock valued at $312,000 after acquiring an additional 3,069 shares in the last quarter. PCJ Investment Counsel Ltd. boosted its holdings in Lightspeed Commerce by 2.7% in the 1st quarter. PCJ Investment Counsel Ltd. now owns 126,420 shares of the company's stock valued at $1,106,000 after purchasing an additional 3,360 shares during the last quarter. Finally, The Manufacturers Life Insurance Company boosted its position in shares of Lightspeed Commerce by 3.3% during the 4th quarter. The Manufacturers Life Insurance Company now owns 117,584 shares of the company's stock worth $1,795,000 after purchasing an additional 3,785 shares during the period. Hedge funds and other institutional investors own 68.68% of the company's stock.

Analyst Ratings Changes

Several equities research analysts recently issued reports on LSPD shares. Barclays boosted their price objective on Lightspeed Commerce from $12.00 to $15.00 and gave the company an "equal weight" rating in a report on Friday, August 1st. Truist Financial increased their target price on shares of Lightspeed Commerce from $11.00 to $12.00 and gave the stock a "hold" rating in a report on Thursday, July 17th. Benchmark increased their target price on shares of Lightspeed Commerce from $16.00 to $18.00 and gave the stock a "buy" rating in a report on Friday, August 1st. Morgan Stanley increased their target price on shares of Lightspeed Commerce from $12.00 to $14.00 and gave the stock an "equal weight" rating in a report on Wednesday, August 20th. Finally, National Bankshares increased their target price on shares of Lightspeed Commerce from $13.00 to $15.00 and gave the stock a "sector perform" rating in a report on Friday, August 1st. Five equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Lightspeed Commerce presently has a consensus rating of "Hold" and a consensus target price of $14.53.

Lightspeed Commerce Stock Up 0.0%

NYSE:LSPD traded up $0.01 during midday trading on Friday, hitting $12.43. 58,032 shares of the company were exchanged, compared to its average volume of 887,328. Lightspeed Commerce Inc. has a fifty-two week low of $7.34 and a fifty-two week high of $18.96. The company has a current ratio of 4.60, a quick ratio of 4.50 and a debt-to-equity ratio of 0.01. The company has a market capitalization of $1.68 billion, a PE ratio of -2.76, a price-to-earnings-growth ratio of 23.48 and a beta of 2.48. The company has a fifty day simple moving average of $12.18 and a 200 day simple moving average of $11.19.

Lightspeed Commerce (NYSE:LSPD - Get Free Report) last announced its quarterly earnings data on Thursday, July 31st. The company reported $0.06 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%. Lightspeed Commerce's revenue for the quarter was up 14.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.10 EPS. Lightspeed Commerce has set its FY 2026 guidance at EPS. Q2 2026 guidance at EPS. As a group, equities analysts anticipate that Lightspeed Commerce Inc. will post 0.08 earnings per share for the current fiscal year.

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.