Lightspeed(LSPD) Soars 3.37% on Insider Buying, Analyst Coverage

Lightspeed(LSPD) shares surged 3.37% today, marking the second consecutive day of gains, with a total increase of 5.44% over the past two days. The stock price reached its highest level since March 2025, with an intraday gain of 5.33%.

The strategy of buying LSPD shares after they reach a recent high and holding for one week resulted in poor performance. The strategy's return was -0.47%, significantly underperforming the benchmark return of 50.09%. The excess return was -50.56%, and the CAGR was -0.20%. The strategy had a maximum drawdown of -52.72%, a Sharpe ratio of 0.00, and a volatility of 47.40%. It demonstrated high risk and negative returns, making it an unsuccessful approach.

Truist Securities initiated coverage of Lightspeed Commerce on June 2, 2025, with a "Hold" recommendation and a price target of $11.00. This move could influence investor sentiment and stock movement, as analysts' opinions often play a crucial role in shaping market expectations.

On May 30, 2025, Lightspeed Commerce Inc. Director Dale Murray acquired 1,886 shares. This insider buying could signal confidence in the company's future prospects, potentially impacting the stock price positively. Insider transactions are often scrutinized by investors as they can provide insights into the company's internal outlook.

Lightspeed Commerce reported mixed Q4 results and provided Q1 guidance on May 22, 2025. The company took a non-cash goodwill charge and reported a significant Q4 loss of US$575.9M. These financial results could affect investor sentiment negatively, as they indicate challenges in the company's operations and financial health. However, the guidance for the upcoming quarter might offer some reassurance to investors, depending on its outlook.