Invenomic Capital Management LP Makes New $1.96 Million Investment in Lightspeed Commerce Inc. $LSPD

Key Points

• Invenomic Capital Management LP acquired 224,288 shares of Lightspeed Commerce Inc. valued at approximately $1.96 million, indicating a growing interest in the company.
• Lightspeed Commerce reported quarterly revenue of $304.94 million, exceeding analyst estimates and demonstrating a 14.6% year-over-year increase in revenue.
• Analysts have varied optimism on LSPD with price targets ranging from $12 to $18, indicating mixed expectations about the stock's future performance.

Invenomic Capital Management LP purchased a new position in shares of Lightspeed Commerce Inc. (NYSE:LSPD - Free Report) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 224,288 shares of the company's stock, valued at approximately $1,963,000. Invenomic Capital Management LP owned about 0.15% of Lightspeed Commerce at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. ANTIPODES PARTNERS Ltd acquired a new stake in shares of Lightspeed Commerce during the 1st quarter worth approximately $259,000. Connor Clark & Lunn Investment Management Ltd. increased its holdings in shares of Lightspeed Commerce by 9.8% during the 1st quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,489,100 shares of the company's stock worth $13,030,000 after buying an additional 132,500 shares during the last quarter. Wellington Management Group LLP increased its holdings in shares of Lightspeed Commerce by 10.4% during the 1st quarter. Wellington Management Group LLP now owns 738,428 shares of the company's stock worth $6,461,000 after buying an additional 69,583 shares during the last quarter. Nuveen LLC acquired a new stake in shares of Lightspeed Commerce during the 1st quarter worth approximately $1,026,000. Finally, Vanguard Group Inc. lifted its holdings in shares of Lightspeed Commerce by 0.7% in the 1st quarter. Vanguard Group Inc. now owns 5,372,421 shares of the company's stock worth $47,004,000 after acquiring an additional 39,115 shares during the last quarter. Institutional investors and hedge funds own 68.68% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on LSPD shares. Barclays increased their price objective on shares of Lightspeed Commerce from $12.00 to $15.00 and gave the stock an "equal weight" rating in a research report on Friday, August 1st. Morgan Stanley lifted their price objective on Lightspeed Commerce from $12.00 to $14.00 and gave the company an "equal weight" rating in a research note on Wednesday, August 20th. National Bankshares increased their target price on Lightspeed Commerce from $13.00 to $15.00 and gave the stock a "sector perform" rating in a research note on Friday, August 1st. Benchmark raised their target price on Lightspeed Commerce from $16.00 to $18.00 and gave the company a "buy" rating in a report on Friday, August 1st. Finally, Scotiabank boosted their price target on shares of Lightspeed Commerce from $10.00 to $12.00 and gave the stock a "sector perform" rating in a research note on Monday, July 28th. Five research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of "Hold" and an average target price of $14.53.

Lightspeed Commerce Stock Down 0.0%

Shares of NYSE:LSPD traded down $0.01 during trading on Tuesday, hitting $12.13. The company's stock had a trading volume of 435,211 shares, compared to its average volume of 874,468. The business has a 50 day moving average price of $12.28 and a two-hundred day moving average price of $11.09. The company has a market capitalization of $1.64 billion, a PE ratio of -2.69, a P/E/G ratio of 23.41 and a beta of 2.48. The company has a debt-to-equity ratio of 0.01, a quick ratio of 4.50 and a current ratio of 4.60. Lightspeed Commerce Inc. has a fifty-two week low of $7.34 and a fifty-two week high of $18.96.

Lightspeed Commerce (NYSE:LSPD - Get Free Report) last posted its quarterly earnings results on Thursday, July 31st. The company reported $0.06 EPS for the quarter, missing the consensus estimate of $0.11 by ($0.05). The business had revenue of $304.94 million during the quarter, compared to analyst estimates of $287.28 million. Lightspeed Commerce had a positive return on equity of 0.33% and a negative net margin of 61.11%.The business's revenue was up 14.6% on a year-over-year basis. During the same quarter last year, the firm earned $0.10 EPS. Lightspeed Commerce has set its FY 2026 guidance at EPS. Q2 2026 guidance at EPS. As a group, research analysts expect that Lightspeed Commerce Inc. will post 0.08 EPS for the current fiscal year.

About Lightspeed Commerce

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.