Charles Schwab Investment Management Inc. Sells 8,588 Shares of Lightspeed Commerce Inc. $LSPD

Charles Schwab Investment Management Inc. decreased its holdings in Lightspeed Commerce Inc. (NYSE:LSPD) by 3.3% in the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 248,813 shares of the company’s stock after selling 8,588 shares during the period. Charles Schwab Investment Management Inc. owned approximately 0.16% of Lightspeed Commerce worth $2,177,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in LSPD. Susquehanna Fundamental Investments LLC bought a new stake in Lightspeed Commerce during the 4th quarter valued at about $256,000. The Manufacturers Life Insurance Company boosted its holdings in shares of Lightspeed Commerce by 3.3% in the fourth quarter. The Manufacturers Life Insurance Company now owns 117,584 shares of the company’s stock worth $1,795,000 after buying an additional 3,785 shares during the last quarter. Ameriprise Financial Inc. purchased a new position in shares of Lightspeed Commerce in the fourth quarter worth approximately $24,334,000. Beryl Capital Management LLC purchased a new position in shares of Lightspeed Commerce in the fourth quarter worth approximately $1,597,000. Finally, Bayesian Capital Management LP purchased a new position in shares of Lightspeed Commerce in the fourth quarter worth approximately $165,000. Hedge funds and other institutional investors own 68.68% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on LSPD. Stifel Nicolaus lifted their price target on shares of Lightspeed Commerce from $12.00 to $14.00 and gave the company a “hold” rating in a report on Friday, August 1st. Scotiabank lifted their price target on shares of Lightspeed Commerce from $10.00 to $12.00 and gave the company a “sector perform” rating in a report on Monday, July 28th. Benchmark lifted their price target on shares of Lightspeed Commerce from $16.00 to $18.00 and gave the company a “buy” rating in a report on Friday, August 1st. Morgan Stanley lifted their price target on shares of Lightspeed Commerce from $12.00 to $14.00 and gave the company an “equal weight” rating in a report on Wednesday, August 20th. Finally, Barclays lifted their price target on shares of Lightspeed Commerce from $12.00 to $15.00 and gave the company an “equal weight” rating in a report on Friday, August 1st. Five 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 company’s stock. Based on data from MarketBeat, Lightspeed Commerce currently has an average rating of “Hold” and an average price target of $14.53.

Lightspeed Commerce Trading Down 0.4%

Shares of LSPD opened at $12.38 on Friday. The company’s fifty day moving average is $12.21 and its 200 day moving average is $11.17. Lightspeed Commerce Inc. has a fifty-two week low of $7.34 and a fifty-two week high of $18.96. The stock has a market capitalization of $1.67 billion, a PE ratio of -2.75, a P/E/G ratio of 23.79 and a beta of 2.48. 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 (NYSE:LSPD) last announced its quarterly 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). Lightspeed Commerce had a positive return on equity of 0.33% and a negative net margin of 61.11%.The business had revenue of $304.94 million during the quarter, compared to the consensus estimate of $287.28 million. During the same quarter in the prior year, the firm posted $0.10 EPS. The company’s revenue for the quarter was up 14.6% on a year-over-year basis. Lightspeed Commerce has set its FY 2026 guidance at EPS. Q2 2026 guidance at EPS. Sell-side analysts expect that Lightspeed Commerce Inc. will post 0.08 earnings per share for the current fiscal year.

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.