Lightspeed Commerce Ownership

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

Recent Insider Transactions

NYSE:LSPD Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
06 Jun 25	SellUS$70,901	Shirvani Mudaly	Individual	6,156	US$11.52
30 May 25	BuyUS$54,551	Dale Murray	Individual	5,136	US$10.65
20 Feb 25	SellUS$103,507	Shirvani Mudaly	Individual	7,747	US$13.36
18 Feb 25	SellUS$54,986	Daniel Micak	Individual	3,995	US$13.76

Insider Trading Volume

Insider Buying: Insufficient data to determine if 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	14,188,638	10.5%
General Public	40,114,602	29.7%
Institutions	80,940,763	59.8%

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

Top Shareholders

Top 25 shareholders own 65.03% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
18%	Caisse de dépôt et placement du Québec	24,286,219	US$271.8m	0%	0.43%
11.6%	Fidelity International Ltd	15,740,000	US$176.1m	-10.4%	0.06%
10.3%	Dax Dasilva	13,975,344	US$156.4m	0%	no data
4.07%	The Vanguard Group, Inc.	5,499,115	US$61.5m	2.36%	no data
3.21%	Wishbone Management, LP	4,336,726	US$48.5m	18%	13.22%
2.64%	Artisan Partners Limited Partnership	3,571,331	US$40.0m	-5.48%	0.03%
1.83%	Arrowstreet Capital, Limited Partnership	2,468,872	US$27.6m	29.1%	0.02%
1.58%	Connor, Clark & Lunn Investment Management Ltd.	2,139,300	US$23.9m	43.7%	0.07%
1.43%	Columbia Management Investment Advisers, LLC	1,939,117	US$21.7m	13.3%	no data
1.36%	Merrill Lynch, Pierce, Fenner & Smith Incorporated	1,841,111	US$20.6m	1,210%	0.01%
1.35%	Dimensional Fund Advisors LP	1,832,522	US$20.5m	-5.59%	no data
1.31%	BMO Asset Management Corp.	1,770,732	US$19.8m	-12.1%	0.01%
0.89%	RBC Dominion Securities Inc.	1,205,615	US$13.5m	763%	0.01%
0.85%	Antipodes Partners Ltd.	1,150,227	US$12.9m	3,780%	0.33%
0.83%	The Goldman Sachs Group, Inc.	1,119,431	US$12.5m	-47.6%	no data
0.67%	Millennium Management LLC	900,745	US$10.1m	191%	0.01%
0.48%	Les Placements Louisbourg Inc.	652,062	US$7.3m	18%	1.47%
0.42%	RBC Global Asset Management Inc.	569,732	US$6.4m	-28.4%	no data
0.39%	BlackRock, Inc.	533,579	US$6.0m	-5.01%	no data
0.36%	UBS Asset Management AG	484,338	US$5.4m	31.3%	no data
0.3%	Invenomic Capital Management LP	406,904	US$4.6m	81.4%	0.37%
0.29%	TD Asset Management, Inc.	387,925	US$4.3m	-1.08%	no data
0.29%	Landscape Capital Management, LLC	387,789	US$4.3m	0%	0.34%
0.28%	Marshall Wace LLP	382,017	US$4.3m	0%	0.01%
0.28%	Canadian Imperial Bank of Commerce	373,310	US$4.2m	-40.9%	0.01%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/10/17 05:38
End of Day Share Price	2025/10/17 00:00
Earnings	2025/06/30
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 24 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 Capital Markets
Raimo Lenschow	Barclays
Mark Palmer	Benchmark Company