Massachusetts Financial Services Co. MA lifted its stake in Lightspeed Commerce Inc. (NASDAQ:LSPD – Get Rating) by 21.3% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 148,313 shares of the company’s stock after purchasing an additional 26,016 shares during the quarter. Massachusetts Financial Services Co. MA owned 0.10% of Lightspeed Commerce worth $5,996,000 as of its most recent filing with the Securities & Exchange Commission.
Other large investors also recently added to or reduced their stakes in the company. Liberty Wealth Management LLC acquired a new position in shares of Lightspeed Commerce in the 3rd quarter valued at $29,000. Gulf International Bank UK Ltd purchased a new stake in shares of Lightspeed Commerce during the 4th quarter worth about $31,000. Mitsubishi UFJ Trust & Banking Corp bought a new position in shares of Lightspeed Commerce in the 4th quarter valued at approximately $35,000. Aviva PLC bought a new position in shares of Lightspeed Commerce in the 4th quarter valued at approximately $258,000. Finally, Schroder Investment Management Group bought a new position in shares of Lightspeed Commerce in the 3rd quarter valued at approximately $267,000. Institutional investors and hedge funds own 66.77% of the company’s stock.
LSPD stock opened at $21.03 on Wednesday. The company has a debt-to-equity ratio of 0.02, a current ratio of 7.26 and a quick ratio of 7.23. The stock has a market capitalization of $3.11 billion, a P/E ratio of -13.23 and a beta of 3.57. The business has a 50-day moving average of $24.85 and a 200-day moving average of $36.35. Lightspeed Commerce Inc. has a fifty-two week low of $15.03 and a fifty-two week high of $130.02.
Lightspeed Commerce Profile (Get Rating)
Lightspeed Commerce Inc provides commerce enabling Software as a Service (SaaS) platform for small and midsize businesses, retailers, restaurants, and golf course operators in Canada, the United States, Germany, Australia, and internationally. Its SaaS platform enables customers to engage with consumers, manage operations, accept payments, etc.
- Get a free copy of the StockNews.com research report on Lightspeed Commerce (LSPD)
- The Weber, Inc Growth Story Goes Up In Smoke
- Roku Stock is Repricing and Resetting Itself
- The Institutions Are Capping Gains In Take-Two Interactive
- Walmart’s “Everyday Low Prices” Gets Burned By Inflation
- VMWare Inc: Strong Revenues and Excellent Potential
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.