Lightspeed Commerce Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

TSX:LSPD Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
05 Mar 26	BuyCA$198,644	Daniel Micak	Individual	15,215	CA$13.06
06 Jun 25	SellCA$97,049	Shirvani Mudaly	Individual	6,156	CA$15.76
30 May 25	BuyCA$75,040	Dale Murray	Individual	5,136	CA$14.65

Insider Trading Volume

Insider Buying: LSPD insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of LSPD?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	14,083,325	10.3%
General Public	45,907,215	33.4%
Institutions	77,310,399	56.3%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 61.44% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
17.7%	La Caisse de dépôt et placement du Québec	24,286,219	CA$315.7m	0%	0.21%
10.7%	Fidelity International Ltd	14,625,000	CA$190.1m	-6.25%	0.05%
10.2%	Dax Dasilva	13,975,344	CA$181.7m	0%	no data
3.78%	The Vanguard Group, Inc.	5,195,009	CA$67.5m	0.18%	no data
2.84%	Artisan Partners Limited Partnership	3,900,930	CA$50.7m	17.5%	0.03%
2.25%	Columbia Management Investment Advisers, LLC	3,087,518	CA$40.1m	58.5%	0.01%
2.04%	Wishbone Management, LP	2,800,000	CA$36.4m	-31.7%	7.48%
1.92%	Connor, Clark & Lunn Investment Management Ltd.	2,629,321	CA$34.2m	-4.48%	0.06%
1.36%	Merrill Lynch, Pierce, Fenner & Smith Incorporated	1,872,623	CA$24.3m	5.66%	0.01%
1.32%	BMO Asset Management Corp.	1,817,595	CA$23.6m	-1.2%	0.01%
1.22%	Dimensional Fund Advisors LP	1,671,008	CA$21.7m	-4.33%	no data
0.84%	The Goldman Sachs Group, Inc.	1,159,848	CA$15.1m	13.9%	no data
0.75%	Antipodes Partners Ltd.	1,024,963	CA$13.3m	-0.58%	0.16%
0.73%	RBC Global Asset Management Inc.	1,001,743	CA$13.0m	83.3%	no data
0.51%	Morgan Stanley	694,467	CA$9.0m	278%	no data
0.48%	Two Sigma Investments, LP	657,300	CA$8.5m	225%	0.01%
0.47%	Les Placements Louisbourg Inc.	646,233	CA$8.4m	-0.89%	1.11%
0.39%	Arrowstreet Capital, Limited Partnership	539,165	CA$7.0m	-43.5%	no data
0.35%	Marshall Wace LLP	477,493	CA$6.2m	2.34%	no data
0.31%	Citadel Advisors LLC	419,506	CA$5.5m	63.8%	no data
0.29%	TD Asset Management, Inc.	397,401	CA$5.2m	4.47%	no data
0.28%	BlackRock, Inc.	388,627	CA$5.1m	-14.2%	no data
0.28%	Intact Investment Management Inc.	379,000	CA$4.9m	4.24%	0.09%
0.28%	Invenomic Capital Management LP	377,676	CA$4.9m	-2.22%	0.24%
0.24%	Hillsdale Investment Management Inc.	327,088	CA$4.3m	0%	0.06%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/03/09 06:35
End of Day Share Price	2026/03/06 00:00
Earnings	2025/12/31
Annual Earnings	2025/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Lightspeed Commerce Inc. is covered by 26 analysts. 18 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Martin Toner	ATB Cormark
Gavin Fairweather	ATB Cormark Historical (Cormark Securities)
Raimo Lenschow	Barclays