Wellington Management Group LLP increased its position in Lightspeed Commerce Inc. (NYSE:LSPD - Free Report) by 10.4% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 738,428 shares of the company's stock after purchasing an additional 69,583 shares during the quarter. Wellington Management Group LLP owned approximately 0.48% of Lightspeed Commerce worth $6,461,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. ANTIPODES PARTNERS Ltd bought a new position in Lightspeed Commerce in the first quarter worth $259,000. Connor Clark & Lunn Investment Management Ltd. lifted its position in Lightspeed Commerce by 9.8% in the first quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,489,100 shares of the company's stock worth $13,030,000 after purchasing an additional 132,500 shares during the period. Vanguard Group Inc. lifted its position in Lightspeed Commerce by 0.7% in the first quarter. Vanguard Group Inc. now owns 5,372,421 shares of the company's stock worth $47,004,000 after purchasing an additional 39,115 shares during the period. Two Sigma Advisers LP lifted its position in Lightspeed Commerce by 165.6% in the fourth quarter. Two Sigma Advisers LP now owns 64,800 shares of the company's stock worth $987,000 after purchasing an additional 40,400 shares during the period. Finally, D. E. Shaw & Co. Inc. lifted its position in 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 purchasing an additional 299,482 shares during the period. 68.68% of the stock is owned by institutional investors.
Lightspeed Commerce Price Performance
Shares of NYSE:LSPD traded down $0.05 during midday trading on Monday, reaching $12.38. The company's stock had a trading volume of 231,592 shares, compared to its average volume of 456,596. 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 market capitalization of $1.67 billion, a P/E ratio of -2.75, a P/E/G ratio of 23.79 and a beta of 2.48. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.60 and a quick ratio of 4.50. The business's fifty day simple moving average is $12.21 and its 200-day simple moving average is $11.15.
Lightspeed Commerce (NYSE:LSPD - Get Free Report) last announced its earnings results on Thursday, July 31st. The company reported $0.06 earnings per share for the quarter, missing analysts' consensus estimates of $0.11 by ($0.05). Lightspeed Commerce had a negative net margin of 61.11% and a positive return on equity of 0.33%. The business had revenue of $304.94 million during the quarter, compared to analyst estimates of $287.28 million. During the same quarter last year, the business posted $0.10 earnings per share. The business's quarterly 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 expect that Lightspeed Commerce Inc. will post 0.08 EPS for the current fiscal year.
Wall Street Analyst Weigh In
LSPD has been the subject of a number of analyst reports. Truist Financial lifted their price objective on Lightspeed Commerce from $11.00 to $12.00 and gave the company a "hold" rating in a report on Thursday, July 17th. Stifel Nicolaus lifted their price objective on Lightspeed Commerce from $12.00 to $14.00 and gave the company a "hold" rating in a report on Friday, August 1st. Scotiabank lifted their price objective on Lightspeed Commerce from $10.00 to $12.00 and gave the company a "sector perform" rating in a report on Monday, July 28th. National Bankshares lifted their price objective on Lightspeed Commerce from $13.00 to $15.00 and gave the company a "sector perform" rating in a report on Friday, August 1st. Finally, Barclays lifted 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. Five equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $14.53.
Read Our Latest Research Report on LSPD
About Lightspeed Commerce
(
Free Report)
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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