Northwest & Ethical Investments L.P. Trims Stake in Lightspeed Commerce Inc. $LSPD

Northwest & Ethical Investments L.P. lowered its stake in Lightspeed Commerce Inc. (NYSE:LSPD) by 62.1% during the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 12,106 shares of the company’s stock after selling 19,827 shares during the quarter. Northwest & Ethical Investments L.P.’s holdings in Lightspeed Commerce were worth $106,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Nuveen LLC purchased a new stake in Lightspeed Commerce in the 1st quarter valued at approximately $1,026,000. Connor Clark & Lunn Investment Management Ltd. lifted its stake in 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 buying an additional 132,500 shares in the last quarter. PCJ Investment Counsel Ltd. lifted its stake in Lightspeed Commerce by 2.7% in the 1st quarter. PCJ Investment Counsel Ltd. now owns 126,420 shares of the company’s stock valued at $1,106,000 after buying an additional 3,360 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. lifted its stake in Lightspeed Commerce by 11.2% in the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 11,197 shares of the company’s stock valued at $98,000 after buying an additional 1,124 shares in the last quarter. Finally, Vanguard Group Inc. lifted its stake in Lightspeed Commerce by 0.7% in the 1st quarter. Vanguard Group Inc. now owns 5,372,421 shares of the company’s stock valued at $47,004,000 after buying an additional 39,115 shares in the last quarter. Hedge funds and other institutional investors own 68.68% of the company’s stock.

Lightspeed Commerce Trading Down 4.4%

Shares of LSPD opened at $11.5350 on Thursday. The company has a current ratio of 4.60, a quick ratio of 4.50 and a debt-to-equity ratio of 0.01. The firm has a market capitalization of $1.56 billion, a P/E ratio of -2.56, a price-to-earnings-growth ratio of 8.16 and a beta of 2.48. The stock’s fifty day simple moving average is $12.07 and its 200 day simple moving average is $11.25. Lightspeed Commerce Inc. has a twelve month low of $7.34 and a twelve month high of $18.96.

Lightspeed Commerce (NYSE:LSPD) last issued its 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). The firm had revenue of $304.94 million during 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%.The company’s quarterly revenue was up 14.6% compared to the same quarter last year. During the same period last year, the business posted $0.10 earnings per share. Lightspeed Commerce has set its FY 2026 guidance at EPS. Q2 2026 guidance at EPS. On average, equities research analysts forecast that Lightspeed Commerce Inc. will post 0.08 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on LSPD. National Bankshares upped their target price on Lightspeed Commerce from $13.00 to $15.00 and gave the company a “sector perform” rating in a research note on Friday, August 1st. Truist Financial increased 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. Scotiabank increased 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. Barclays increased 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. Finally, Benchmark increased 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. Five equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Lightspeed Commerce has an average rating of “Hold” and an average target price 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.