Lightspeed Commerce Inc’s filing revealed that its Officer Shapiro John R acquired Company’s shares for reported $13327.0 on Feb 24 ’25. In the deal valued at $13.13 per share,1,015 shares were bought.
Then, Shapiro John R bought 1,817 shares, generating $31,495 in total proceeds.
Before that, Srinivasan Kady bought 3,378 shares. Lightspeed Commerce Inc shares valued at $41,326 were divested by the Officer at a price of $12.23 per share.
JP Morgan downgraded its Lightspeed Commerce Inc [LSPD] rating to an Underweight from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including BofA Securities’s analysts, who began to cover the stock in mid February with a ‘”a Buy”‘ rating. Barclays also remained covering LSPD and has decreased its forecast on January 10, 2025 with a “an Equal weight” recommendation from previously “an Overweight” rating. The Benchmark Company started covering the stock on September 17, 2024. It rated LSPD as “a Buy”.
Price Performance Review of LSPD
On Monday, Lightspeed Commerce Inc [NYSE:LSPD] saw its stock fall -0.65% to $9.22. Over the last five days, the stock has gained 1.21%. Lightspeed Commerce Inc shares have fallen nearly -39.46% since the year began. Nevertheless, the stocks have fallen -29.62% over the past one year. While a 52-week high of $18.96 was reached on 01/07/25, a 52-week low of $7.34 was recorded on 04/07/25. SMA at 50 days reached $10.85, while 200 days put it at $13.87.
Levels Of Support And Resistance For LSPD Stock
The 24-hour chart illustrates a support level at 9.15, which if violated will result in even more drops to 9.08. On the upside, there is a resistance level at 9.29. A further resistance level may holdings at 9.36. The Relative Strength Index (RSI) on the 14-day chart is 44.34, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.44, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 9.83%. Stochastics %K at 92.09% indicates the stock is a selling.
How much short interest is there in Lightspeed Commerce Inc?
A steep rise in short interest was recorded in Lightspeed Commerce Inc stocks on 2025-03-31, growing by 1.64 million shares to a total of 6.65 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 5.01 million shares. There was a rise of 24.63%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on May 15, 2024 when Jefferies began covering the stock and recommended ‘”a Hold”‘ rating along with a $14 price target.
