Anson Funds Management LP Takes Position in Lightspeed Commerce Inc. $LSPD

Key Points

• Anson Funds Management LP acquired a new stake of 100,000 shares in Lightspeed Commerce, valued at approximately $876,000, increasing their ownership to 0.07% of the company.
• Lightspeed Commerce reported a Q2 EPS of $0.06, missing the consensus estimate of $0.11, while revenue increased by 14.6% year-over-year to $304.94 million.
• Analysts have adjusted target prices for Lightspeed Commerce, with Barclays raising theirs from $12.00 to $15.00, while the consensus rating remains at "Hold" with an average target of $14.53.

Anson Funds Management LP acquired a new stake in Lightspeed Commerce Inc. (NYSE:LSPD - Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 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 reporting period.

Several other large investors also recently bought and sold shares of LSPD. Wishbone Management LP acquired a new position in Lightspeed Commerce in the first quarter valued at $32,156,000. Ameriprise Financial Inc. acquired a new position in Lightspeed Commerce in the fourth quarter valued at $24,334,000. Goldman Sachs Group Inc. raised its holdings in shares of Lightspeed Commerce by 151.8% in the first quarter. Goldman Sachs Group Inc. now owns 2,148,959 shares of the company's stock valued at $18,803,000 after buying an additional 1,295,469 shares during the last quarter. D. E. Shaw & Co. Inc. raised its holdings in shares of Lightspeed Commerce by 304.8% in the fourth quarter. D. E. Shaw & Co. Inc. now owns 397,752 shares of the company's stock valued at $6,061,000 after buying an additional 299,482 shares during the last quarter. Finally, Invenomic Capital Management LP purchased a new stake in shares of Lightspeed Commerce in the first quarter valued at about $1,963,000. Institutional investors and hedge funds own 68.68% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on LSPD shares. Stifel Nicolaus upped their target price on shares of Lightspeed Commerce from $12.00 to $14.00 and gave the company a "hold" rating in a report on Friday, August 1st. Benchmark increased their price target 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. Scotiabank increased their price target on shares of Lightspeed Commerce from $10.00 to $12.00 and gave the stock a "sector perform" rating in a report on Monday, July 28th. Barclays increased their price target on shares of Lightspeed Commerce from $12.00 to $15.00 and gave the stock an "equal weight" rating in a report on Friday, August 1st. Finally, Truist Financial increased their target price on shares of Lightspeed Commerce from $11.00 to $12.00 and gave the company a "hold" rating in a report on Thursday, July 17th. Five research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $14.53.

Lightspeed Commerce Price Performance

Shares of LSPD stock traded up $0.14 during trading hours on Tuesday, hitting $12.40. The company's stock had a trading volume of 157,191 shares, compared to its average volume of 863,102. Lightspeed Commerce Inc. has a twelve month low of $7.34 and a twelve month high of $18.96. The business has a fifty day moving average of $12.30 and a 200-day moving average of $11.06. The stock has a market cap of $1.68 billion, a price-to-earnings ratio of -2.74, a P/E/G ratio of 22.83 and a beta of 2.48. The company has a current ratio of 4.60, a quick ratio of 4.50 and a debt-to-equity ratio of 0.01.

Lightspeed Commerce (NYSE:LSPD - Get Free Report) 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). Lightspeed Commerce had a positive return on equity of 0.33% and a negative net margin of 61.11%.The firm had revenue of $304.94 million for the quarter, compared to analyst estimates of $287.28 million. During the same quarter last year, the business posted $0.10 EPS. The firm's revenue was up 14.6% compared to the same quarter last year. Lightspeed Commerce has set its FY 2026 guidance at EPS. Q2 2026 guidance at EPS. As a group, equities research analysts anticipate that Lightspeed Commerce Inc. will post 0.08 EPS for the current year.

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.