Moloney Securities Asset Management LLC Increases Stock Position in Lightspeed Commerce Inc. $LSPD

Moloney Securities Asset Management LLC lifted its stake in Lightspeed Commerce Inc. (NYSE:LSPDFree Report) by 17.4% in the 2nd quarter, Holdings Channel.com reports. The firm owned 57,454 shares of the company’s stock after buying an additional 8,500 shares during the quarter. Moloney Securities Asset Management LLC’s holdings in Lightspeed Commerce were worth $673,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. ANTIPODES PARTNERS Ltd purchased a new position in shares of Lightspeed Commerce in the 1st quarter worth about $259,000. Connor Clark & Lunn Investment Management Ltd. raised its position 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 worth $13,030,000 after purchasing an additional 132,500 shares during the last quarter. Wellington Management Group LLP raised its position in shares of Lightspeed Commerce by 10.4% in the 1st quarter. Wellington Management Group LLP now owns 738,428 shares of the company’s stock worth $6,461,000 after purchasing an additional 69,583 shares during the last quarter. Nuveen LLC purchased a new position in shares of Lightspeed Commerce in the 1st quarter worth about $1,026,000. Finally, Vanguard Group Inc. raised its position in shares of Lightspeed Commerce by 0.7% in the 1st 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 last quarter. Hedge funds and other institutional investors own 68.68% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently issued reports on LSPD. Stifel Nicolaus lifted their price target on Lightspeed Commerce from $12.00 to $14.00 and gave the stock a “hold” rating in a research report on Friday, August 1st. Royal Bank Of Canada set a $15.00 price objective on Lightspeed Commerce and gave the stock an “outperform” rating in a report on Wednesday, September 17th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Lightspeed Commerce in a report on Wednesday, October 8th. Benchmark boosted their price target on Lightspeed Commerce from $16.00 to $18.00 and gave the company a “buy” rating in a research note on Friday, August 1st. Finally, Morgan Stanley boosted their price target on Lightspeed Commerce from $12.00 to $14.00 and gave the company an “equal weight” rating in a research note on Wednesday, August 20th. Four investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, Lightspeed Commerce currently has an average rating of “Hold” and a consensus target price of $13.57.

Get Our Latest Stock Analysis on LSPD

Lightspeed Commerce Trading Up 2.7%

Shares of NYSE:LSPD opened at $12.14 on Friday. The stock has a 50 day moving average of $11.94 and a 200 day moving average of $11.40. The company has a market cap of $1.64 billion, a PE ratio of -2.70, a price-to-earnings-growth ratio of 13.71 and a beta of 2.45. 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 Inc. has a 12-month low of $7.34 and a 12-month high of $18.96.

Lightspeed Commerce (NYSE:LSPDGet 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 analysts’ consensus estimates of $0.11 by ($0.05). The company had revenue of $304.94 million for the quarter, compared to the consensus estimate of $287.28 million. Lightspeed Commerce had a negative net margin of 61.11% and a positive return on equity of 0.33%. The company’s revenue was up 14.6% compared to the same quarter last year. During the same quarter last year, the firm posted $0.10 earnings per share. 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 year.

Lightspeed Commerce Profile

(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.

Further Reading

Want to see what other hedge funds are holding LSPD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Lightspeed Commerce Inc. (NYSE:LSPDFree Report).

Institutional Ownership by Quarter for Lightspeed Commerce (NYSE:LSPD)

Receive News & Ratings for Lightspeed Commerce Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lightspeed Commerce and related companies with MarketBeat.com's FREE daily email newsletter.