Louisbourg Investments Inc. Trims Stock Position in Lightspeed Commerce Inc. $LSPD

Louisbourg Investments Inc. cut its stake in shares of Lightspeed Commerce Inc. (NYSE:LSPD) by 19.3% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 552,705 shares of the company’s stock after selling 131,804 shares during the period. Lightspeed Commerce makes up 1.4% of Louisbourg Investments Inc.’s investment portfolio, making the stock its 24th biggest holding. Louisbourg Investments Inc.’s holdings in Lightspeed Commerce were worth $6,474,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Mitsubishi UFJ Asset Management Co. Ltd. raised its stake in Lightspeed Commerce by 11.2% during the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 11,197 shares of the company’s stock valued at $98,000 after acquiring an additional 1,124 shares during the last quarter. Tempus Wealth Planning LLC purchased a new position in shares of Lightspeed Commerce during the 1st quarter worth approximately $119,000. BIT Capital GmbH purchased a new position in shares of Lightspeed Commerce during the 1st quarter worth approximately $150,000. ANTIPODES PARTNERS Ltd purchased a new position in shares of Lightspeed Commerce during the 1st quarter worth approximately $259,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of Lightspeed Commerce by 12.2% during the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 34,846 shares of the company’s stock worth $305,000 after buying an additional 3,786 shares in the last quarter. 68.68% of the stock is owned by hedge funds and other institutional investors.

Lightspeed Commerce Price Performance

Shares of NYSE:LSPD opened at $11.05 on Friday. The business’s fifty day moving average price is $12.08 and its two-hundred day moving average price is $11.21. The stock has a market cap of $1.49 billion, a PE ratio of -2.46, a price-to-earnings-growth ratio of 13.58 and a beta of 2.45. The company has a debt-to-equity ratio of 0.01, a quick ratio of 4.50 and a current ratio of 4.60. Lightspeed Commerce Inc. has a one year low of $7.34 and a one year high of $18.96.

Lightspeed Commerce (NYSE:LSPD) last announced its earnings results on Thursday, July 31st. The company reported $0.06 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 analyst estimates of $287.28 million. Lightspeed Commerce had a negative net margin of 61.11% and a positive return on equity of 0.33%. Lightspeed Commerce’s quarterly revenue was up 14.6% compared to the same quarter last year. During the same quarter last year, the company posted $0.10 EPS. Lightspeed Commerce has set its FY 2026 guidance at EPS. Q2 2026 guidance at EPS. On average, analysts forecast that Lightspeed Commerce Inc. will post 0.08 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on the company. National Bankshares increased their target price on Lightspeed Commerce from $13.00 to $15.00 and gave the stock a “sector perform” rating in a research note on Friday, August 1st. Truist Financial increased their target price on Lightspeed Commerce from $11.00 to $12.00 and gave the stock a “hold” rating in a research note on Thursday, July 17th. TD Securities assumed coverage on Lightspeed Commerce in a report on Friday, October 3rd. They issued a “hold” rating and a $13.00 price target on the stock. Barclays upped their price target on Lightspeed Commerce from $12.00 to $15.00 and gave the stock an “equal weight” rating in a report on Friday, August 1st. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Lightspeed Commerce in a report on Wednesday. Four equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $13.70.

Lightspeed Commerce Company 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.