Quantbot Technologies LP Takes Position in Lightspeed Commerce Inc. $LSPD

Key Points

• Quantbot Technologies LP has acquired a new stake in Lightspeed Commerce Inc., purchasing 120,204 shares valued at approximately $1,052,000 in the first quarter.
• Lightspeed Commerce reported a 14.6% increase in quarterly revenue year-over-year, reaching $304.94 million, although it missed earnings expectations with an EPS of $0.06.
• Several institutional investors significantly increased their stakes in Lightspeed Commerce, with total institutional ownership now at 68.68% of the company's stock.

Quantbot Technologies LP acquired a new stake in shares of Lightspeed Commerce Inc. (NYSE:LSPD - Free Report) in the 1st quarter, according to its most recent 13F filing with the SEC. The fund acquired 120,204 shares of the company's stock, valued at approximately $1,052,000. Quantbot Technologies LP owned 0.08% of Lightspeed Commerce at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. ANTIPODES PARTNERS Ltd acquired a new stake in Lightspeed Commerce during the 1st quarter valued at approximately $259,000. Connor Clark & Lunn Investment Management Ltd. lifted its stake in shares of Lightspeed Commerce by 9.8% in the 1st quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,489,100 shares of the company's stock valued at $13,030,000 after purchasing an additional 132,500 shares during the period. Two Sigma Advisers LP lifted its stake in shares of Lightspeed Commerce by 165.6% in the 4th quarter. Two Sigma Advisers LP now owns 64,800 shares of the company's stock valued at $987,000 after purchasing an additional 40,400 shares during the period. D. E. Shaw & Co. Inc. lifted its stake in shares of Lightspeed Commerce by 304.8% in the 4th 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. Finally, NewGen Asset Management Ltd lifted its stake in shares of Lightspeed Commerce by 14.3% in the 4th quarter. NewGen Asset Management Ltd now owns 840,000 shares of the company's stock valued at $12,796,000 after purchasing an additional 105,000 shares during the period. 68.68% of the stock is currently owned by institutional investors and hedge funds.

Lightspeed Commerce Price Performance

Shares of Lightspeed Commerce stock traded down $0.05 during trading hours on Friday, reaching $12.38. 231,592 shares of the company's stock were exchanged, compared to its average volume of 486,045. Lightspeed Commerce Inc. has a 1 year low of $7.34 and a 1 year high of $18.96. The company has a market capitalization of $1.67 billion, a P/E ratio of -2.75, a price-to-earnings-growth ratio of 23.89 and a beta of 2.48. The business has a fifty day moving average of $12.21 and a two-hundred day moving average of $11.18. 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 (NYSE:LSPD - Get Free Report) last released 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). The business had revenue of $304.94 million for the quarter, compared to analysts' expectations of $287.28 million. Lightspeed Commerce had a positive return on equity of 0.33% and a negative net margin of 61.11%.Lightspeed Commerce's quarterly revenue was up 14.6% compared to the same quarter last year. During the same period in the previous year, the company earned $0.10 EPS. Lightspeed Commerce has set its FY 2026 guidance at EPS. Q2 2026 guidance at EPS. As a group, research analysts predict that Lightspeed Commerce Inc. will post 0.08 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

LSPD has been the subject of several analyst reports. Truist Financial boosted their target price on shares of Lightspeed Commerce from $11.00 to $12.00 and gave the company a "hold" rating in a research note on Thursday, July 17th. Barclays boosted their target price on shares of Lightspeed Commerce from $12.00 to $15.00 and gave the company an "equal weight" rating in a research note on Friday, August 1st. Benchmark boosted their target price on shares of Lightspeed Commerce from $16.00 to $18.00 and gave the company a "buy" rating in a research note on Friday, August 1st. Morgan Stanley boosted their target price on shares of Lightspeed Commerce from $12.00 to $14.00 and gave the company an "equal weight" rating in a research note on Wednesday, August 20th. Finally, 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. Five equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of "Hold" and an average price target of $14.53.

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.