Cubist Systematic Strategies LLC Purchases Shares of 65,344 Lightspeed Commerce Inc. $LSPD

Key Points

• Cubist Systematic Strategies LLC acquired 65,344 shares of Lightspeed Commerce Inc., valued at approximately $572,000, marking a new stake in the company this quarter.
• Lightspeed Commerce's recent earnings report showed a $0.06 EPS, missing analysts' expectations, although revenue increased by 14.6% year-over-year, totaling $304.94 million for the quarter.
• Analysts have a consensus rating of "Hold" for Lightspeed Commerce, with price targets ranging from $12.00 to $18.00, indicating cautious optimism about the stock's future performance.

Cubist Systematic Strategies LLC acquired a new stake in Lightspeed Commerce Inc. (NYSE:LSPD - Free Report) during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 65,344 shares of the company's stock, valued at approximately $572,000.

Several other institutional investors have also added to or reduced their stakes in LSPD. Ameriprise Financial Inc. purchased a new position in Lightspeed Commerce in the 4th quarter worth about $24,334,000. D. E. Shaw & Co. Inc. grew its stake 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 worth $6,061,000 after acquiring an additional 299,482 shares during the period. Mackenzie Financial Corp raised its holdings in shares of Lightspeed Commerce by 156.9% during the fourth quarter. Mackenzie Financial Corp now owns 360,221 shares of the company's stock valued at $5,487,000 after purchasing an additional 220,000 shares during the last quarter. Point72 Asset Management L.P. lifted its position in Lightspeed Commerce by 99.2% during the fourth quarter. Point72 Asset Management L.P. now owns 422,900 shares of the company's stock valued at $6,441,000 after purchasing an additional 210,630 shares during the period. Finally, Louisbourg Investments Inc. boosted its holdings in Lightspeed Commerce by 36.2% in the first quarter. Louisbourg Investments Inc. now owns 684,509 shares of the company's stock worth $5,995,000 after purchasing an additional 181,891 shares during the last quarter. 68.68% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

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

Lightspeed Commerce Stock Performance

LSPD traded up $0.10 during midday trading on Tuesday, reaching $12.36. The company had a trading volume of 420,934 shares, compared to its average volume of 443,760. The business has a 50-day moving average of $12.32 and a two-hundred day moving average of $11.07. 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 1 year low of $7.34 and a 1 year high of $18.96. The company has a market cap of $1.67 billion, a P/E ratio of -2.75, a P/E/G ratio of 23.58 and a beta of 2.48.

Lightspeed Commerce (NYSE:LSPD - Get Free Report) last announced its quarterly earnings data 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 company 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 was up 14.6% compared to the same quarter last year. During the same quarter last year, the firm posted $0.10 earnings per share. Lightspeed Commerce has set its FY 2026 guidance at EPS. Q2 2026 guidance at EPS. As a group, equities research analysts predict that Lightspeed Commerce Inc. will post 0.08 earnings per share for the current fiscal 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.