Lightspeed Commerce Inc. $LSPD Shares Sold by Tocqueville Asset Management L.P.

Key Points

• Tocqueville Asset Management L.P. reduced its stake in Lightspeed Commerce by 51.6%, leaving it with 75,000 shares valued at approximately $656,000.
• Multiple institutional investors, including Vanguard Group and Nuveen Asset Management, have recently increased their stakes in Lightspeed Commerce, demonstrating ongoing interest from the investment community.
• Analysts have raised their price targets for Lightspeed Commerce, with targets ranging from $12.00 to $18.00, although the stock currently holds a consensus rating of "Hold."

Tocqueville Asset Management L.P. decreased its stake in Lightspeed Commerce Inc. (NYSE:LSPD - Free Report) by 51.6% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 75,000 shares of the company's stock after selling 80,000 shares during the period. Tocqueville Asset Management L.P.'s holdings in Lightspeed Commerce were worth $656,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of LSPD. Ameriprise Financial Inc. purchased a new stake in shares of Lightspeed Commerce in the fourth quarter worth about $24,334,000. D. E. Shaw & Co. Inc. lifted 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 in the last quarter. Mackenzie Financial Corp lifted its stake in shares of Lightspeed Commerce by 156.9% in the fourth quarter. Mackenzie Financial Corp now owns 360,221 shares of the company's stock worth $5,487,000 after acquiring an additional 220,000 shares in the last quarter. Point72 Asset Management L.P. lifted its stake in shares of Lightspeed Commerce by 99.2% in the fourth quarter. Point72 Asset Management L.P. now owns 422,900 shares of the company's stock worth $6,441,000 after acquiring an additional 210,630 shares in the last quarter. Finally, Louisbourg Investments Inc. lifted its stake in shares of 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 acquiring an additional 181,891 shares in the last quarter. Hedge funds and other institutional investors own 68.68% of the company's stock.

Lightspeed Commerce Stock Up 4.4%

NYSE LSPD traded up $0.5150 on Friday, hitting $12.2350. 529,233 shares of the stock traded hands, compared to its average volume of 684,518. The stock has a 50-day moving average of $12.10 and a 200 day moving average of $11.22. Lightspeed Commerce Inc. has a twelve month low of $7.34 and a twelve month high of $18.96. The company has a market capitalization of $1.65 billion, a P/E ratio of -2.72, a price-to-earnings-growth ratio of 7.93 and a beta of 2.48. The company has a current ratio of 4.60, a quick ratio of 4.50 and a debt-to-equity ratio of 0.01.

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 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 firm had revenue of $304.94 million for the quarter, compared to analyst estimates of $287.28 million. During the same quarter in the previous year, the company earned $0.10 EPS. The company'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, analysts expect that Lightspeed Commerce Inc. will post 0.08 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms recently commented on LSPD. Stifel Nicolaus boosted their price target on Lightspeed Commerce from $12.00 to $14.00 and gave the stock a "hold" rating in a research note on Friday, August 1st. Barclays boosted their price target on Lightspeed Commerce from $12.00 to $15.00 and gave the stock an "equal weight" rating in a research note on Friday, August 1st. Benchmark boosted their price target on Lightspeed Commerce from $16.00 to $18.00 and gave the stock a "buy" rating in a research note on Friday, August 1st. Truist Financial boosted their price target on Lightspeed Commerce from $11.00 to $12.00 and gave the stock a "hold" rating in a research note on Thursday, July 17th. Finally, Scotiabank boosted their price target on 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 assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Lightspeed Commerce presently has a consensus rating of "Hold" and a consensus price target of $14.53.

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.