Landscape Capital Management L.L.C. Boosts Holdings in Lightspeed Commerce Inc. (NYSE:LSPD)
From MarketBeat:
1. Landscape Capital Management L.L.C. increases position in Lightspeed Commerce Inc. by 209.2% in the 3rd quarter to 170,883 shares valued at $2,397,000, according to filing with the SEC.
2. Royal Bank of Canada, Bank of Montreal Can, Wellington Management Group LLP, Shannon River Fund Management LLC, and North Peak Capital Management LLC all made substantial changes to their positions in Lightspeed Commerce, owning a total of 51.98% of the company’s stock.
3. Wall Street analysts have given Lightspeed Commerce a consensus target price of $19.72, with nine analysts rating the stock as “hold” and eight rating it as a “buy.”
4. The stock of Lightspeed Commerce Inc. experienced a trading volume of 1,018,954 shares, with a 50-day moving avg of $18.47 and 200-day moving avg of $16.41. The one year high for Lightspeed Commerce stock is $21.71.
5. In the earnings report for the 3rd quarter, Lightspeed Commerce Inc. reported a positive earnings per share of $0.09, exceeding expectations by $0.09, with the company generating $230.27 million in revenue.
6. Lightspeed Commerce’s Software as a Service platform facilitates engagement with consumers, operational management, and payment processing for small to midsize businesses, retailers, and restaurant owners in the US, Europe, the UK, Australia, New Zealand, and other international markets.
Read more: Landscape Capital Management L.L.C. Boosts Holdings in Lightspeed Commerce Inc. (NYSE:LSPD)