Palogic Value Management L.P. Has $2.10 Million Stake in Lightspeed Commerce Inc. $LSPD

Key Points

• Palogic Value Management L.P. increased its stake in Lightspeed Commerce Inc. by 179.3% during the first quarter, owning 240,000 shares worth $2.1 million.
• Lightspeed Commerce reported $304.94 million in revenue for the latest quarter, surpassing analyst estimates, but missed earnings per share projections with $0.06.
• Analysts revised their price targets for Lightspeed Commerce, with Barclays raising it to $15.00 and Benchmark to $18.00, with a consensus rating of "Hold."

Palogic Value Management L.P. increased its holdings in shares of Lightspeed Commerce Inc. (NYSE:LSPD - Free Report) by 179.3% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 240,000 shares of the company's stock after buying an additional 154,071 shares during the period. Palogic Value Management L.P. owned 0.16% of Lightspeed Commerce worth $2,100,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of LSPD. Ameriprise Financial Inc. acquired a new position in Lightspeed Commerce during the fourth quarter valued at approximately $24,334,000. D. E. Shaw & Co. Inc. grew its holdings in Lightspeed Commerce by 304.8% during the fourth quarter. D. E. Shaw & Co. Inc. now owns 397,752 shares of the company's stock valued at $6,061,000 after purchasing an additional 299,482 shares during the period. Mackenzie Financial Corp grew its holdings in 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 period. Point72 Asset Management L.P. grew its holdings 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. grew its holdings in Lightspeed Commerce by 36.2% during the first quarter. Louisbourg Investments Inc. now owns 684,509 shares of the company's stock valued at $5,995,000 after purchasing an additional 181,891 shares during the period. 68.68% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of research analysts recently issued reports on LSPD shares. Stifel Nicolaus boosted their price objective 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 boosted their price objective on shares of Lightspeed Commerce from $16.00 to $18.00 and gave the company a "buy" rating in a report on Friday, August 1st. Scotiabank boosted their price objective on shares of Lightspeed Commerce from $10.00 to $12.00 and gave the company a "sector perform" rating in a report on Monday, July 28th. Morgan Stanley upped their price target on shares of Lightspeed Commerce from $12.00 to $14.00 and gave the company an "equal weight" rating in a report on Wednesday, August 20th. Finally, Barclays upped their price target on shares of Lightspeed Commerce from $12.00 to $15.00 and gave the company an "equal weight" rating in a report on Friday, August 1st. Five investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has issued 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 Stock Down 0.4%

Shares of Lightspeed Commerce stock traded down $0.05 on Monday, hitting $12.38. The company had a trading volume of 231,592 shares, compared to its average volume of 456,596. The firm 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. Lightspeed Commerce Inc. has a twelve month low of $7.34 and a twelve month high of $18.96. 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 stock has a 50-day moving average of $12.23 and a 200-day moving average of $11.15.

Lightspeed Commerce (NYSE:LSPD - Get Free Report) last released its quarterly earnings results on Thursday, July 31st. The company reported $0.06 earnings per share for the quarter, missing the consensus estimate 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 company had revenue of $304.94 million during the quarter, compared to analyst estimates of $287.28 million. During the same quarter last year, the company earned $0.10 EPS. The firm'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. Research analysts predict that Lightspeed Commerce Inc. will post 0.08 earnings per share for the current 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.