← Signals · Technology · TSX
$LSPD
Lightspeed Commerce
Signal as of September 24, 2026  ·  90-day rolling window  ·  Software & IT Services
Confluence Score
50
out of 100  ·  Full breakdown →
Score delayed 7 days on Free  ·  See today's score — Analyst →
Signals scoring 40–59 have historically hit 41% of the time (avg +7.1% over 90 days, 4424 backtested signals). Methodology →
🔒 Risk monitoring — insider-selling & reversal warnings (Analyst)
📅 Buying into earnings — Nov 05 (35d)
Confluence Score
50
Insider Activity (90d)
9
6 buyers  ·  $868K  ·  open-market only
Current Price
$13.90
CAD  ·  5-min cache
Market Cap
$1.9B
CAD  ·  TMX
Lobbying & Contracts
None
0 regs  ·  0 contracts
Technology on Form55: 52% hit rate · -8.4% alpha vs XIU.TO · 31 closed signals Track Record →
★
Signal Analyst
The Confluence Score and insider trade feed above are free. Signal Analyst adds the full component breakdown, lobbying registrations, and contract wins — plus alerts when this company's signal moves, so you don't have to keep checking back.
Monitor — CAD $29/mo
Price Chart
12 months daily  ·  TSX:LSPD
Insider Transactions
90-day window  ·  27 filings
Date Insider Role Nature Dir. Shares Buy Price Return Value
Sep 21, 2026 Martin, Leslie — Exercise Sell 11,603 $9.46 — $110K
Sep 21, 2026 Singh, Bhawna — Exercise Sell 42,088 $9.46 — $398K
Sep 21, 2026 Benavides, Gabriel — Exercise Buy 12,213 $9.46 +46.9%  · 10d $116K
Sep 21, 2026 Martin, Leslie — Open Market Buy 3,344 $9.46 +46.9%  · 10d $32K
Sep 21, 2026 Martin, Leslie — Exercise Buy 11,603 $9.46 +46.9%  · 10d $110K
Sep 21, 2026 Benavides, Gabriel — Open Market Buy 3,808 $9.46 +46.9%  · 10d $36K
Sep 21, 2026 Benavides, Gabriel — Exercise Sell 12,213 $9.46 — $116K
Sep 21, 2026 Singh, Bhawna — Open Market Buy 15,433 $9.46 +46.9%  · 10d $146K
Sep 21, 2026 Singh, Bhawna — Exercise Buy 42,088 $9.46 +46.9%  · 10d $398K
Sep 08, 2026 Shapiro, John — Exercise Sell 6,234 $10.11 — $63K
Sep 08, 2026 Shapiro, John — Exercise Buy 6,234 $10.11 +37.5%  · 23d $63K
Sep 08, 2026 Shapiro, John — Open Market Buy 2,122 $10.11 +37.5%  · 23d $21K
Sep 04, 2026 Micak, Daniel Robert — Exercise Buy 9,500 $14.40 -3.5%  · 27d $137K
Sep 04, 2026 Micak, Daniel Robert — Exercise Sell 4,418 $14.41 — $64K
Sep 04, 2026 Micak, Daniel Robert — Exercise Buy 4,418 $14.41 -3.5%  · 27d $64K
Sep 04, 2026 Micak, Daniel Robert — Open Market Buy 4,418 $14.41 -3.5%  · 27d $64K
Sep 04, 2026 Micak, Daniel Robert — Exercise Sell 9,500 $14.40 — $137K
Sep 04, 2026 Micak, Daniel Robert — Open Market Buy 9,500 $14.40 -3.5%  · 27d $137K
Aug 27, 2026 Benavides, Gabriel — Exercise Sell 2,721 $10.60 — $29K
Aug 27, 2026 Mudaly, Shirvani — Open Market Buy 21,219 $14.98 -7.2%  · 35d $318K
Aug 27, 2026 Mudaly, Shirvani — Exercise Buy 21,219 $14.98 -7.2%  · 35d $318K
Aug 27, 2026 Mudaly, Shirvani — Exercise Sell 21,219 $14.98 — $318K
Aug 27, 2026 Mudaly, Shirvani — Open Market Buy 7,000 $15.02 -7.5%  · 35d $105K
Aug 27, 2026 Mudaly, Shirvani — Exercise Buy 7,000 $15.02 -7.5%  · 35d $105K
Aug 27, 2026 Mudaly, Shirvani — Exercise Sell 7,000 $15.02 — $105K
Aug 27, 2026 Benavides, Gabriel — Open Market Buy 848 $10.60 +31.1%  · 35d $9K
Aug 27, 2026 Benavides, Gabriel — Exercise Buy 2,721 $10.60 +31.1%  · 35d $29K
Score uses open-market buys only  ·  9 open-market  ·  9 plan / compensation shown but not scored  ·  Return is unrealized, to today's price; a “· Nd” mark means the 90-day window is still open (N of 90 days) — too early to judge.
Score Breakdown
Signal Analyst  ·  $29/mo
Component Points Max Detail Weight
Conviction (unique buyers)  ✓ FREE PREVIEW 15 30 6 unique buyers
Buy/sell ratio 20 50% buys (9B / 9S)
Dollar value 25 $868K
Lobbying activity 15 None
Contract wins 10 None
Insider track record 10 Avg 24% credibility (limited data)
Private placements 8 None
Confluence bonus 10 None
Cluster timing (velocity) 10 No coordinated buying cluster detected
Buy/sell reversal pattern 8 2 insiders reversed from selling to buying
Total 50 100
Unlock Component Detail — CAD $29/mo
Buying Insiders
Open-market · 90 days · 6 unique buyers
Insider Credibility Hit Rate Avg 90d Return Trades (eval'd) Buy Value (90d) Last Buy
Micak, Daniel Robert 46 /100 71% -0.8% 24 $200K Sep 04, 2026
Mudaly, Shirvani 10 /100 31% -4.9% 13 $423K Aug 27, 2026
Shapiro, John 10 /100 25% -8.0% 12 $21K Sep 08, 2026
Singh, Bhawna — — — — $146K Sep 21, 2026
Benavides, Gabriel — — — — $45K Sep 21, 2026
Martin, Leslie — — — — $32K Sep 21, 2026
Credibility score: historical hit rate × avg 90d return × sample size. View full insider leaderboard →
Lobbying Registrations
OCL active  ·  none found
No active OCL lobbying registrations in the last 90 days. Analyst plan →
Government Contract Wins
90-day window  ·  none found
No government contract wins in the last 90 days. Analyst plan →
Private Placements
12 months  ·  Signal Analyst  ·  $29/mo
Private placement history, deal size, and lock-up expiry tracking. Analyst plan →
Political Footprint
Donations · lobbying · contracts

5 insiders linked to LSPD are also individual political donors — $9K across 23 donations (2009–2019).

Liberal Party of Canada · $7K Conservative Party of Canada · $2K

Sources: Elections Canada (individual donations only — corporate political donations banned federally since 2007), the federal Registry of Lobbyists, and federal contract disclosures. Insiders matched to donors by name. Shown for transparency from disclosed public records — this is not a Confluence Score input, implies no causal link between donations, lobbying, or contracts, and is not a claim of wrongdoing.

Indigenous Consultation
no records on file

No Indigenous consultation records on file for LSPD.

SEDAR+ Filings
official filing registry
Form55 monitors SEDAR+ filing alerts and newswire announcements for Technical Reports and material changes. Search SEDAR+ →
Short Interest
CIRO  ·  Sep 15, 2026
Shares short
2,497,339
Net change
-110,638 (-4.2%)
History
Sep 15: 2,497,339
Aug 31: 2,607,977
Aug 15: 3,197,081
Jul 31: 3,397,580
Jul 15: 3,451,390
Jun 30: 3,449,746
Aggregate short position from CIRO's Consolidated Short Position Report (published twice monthly).
Wikipedia Attention
Pageviews  ·  30 days
Views (30d)
3,485
Daily English-Wikipedia pageviews (Wikimedia). Traffic spikes often coincide with news — a public-attention indicator, not investment advice.
Boardroom Connections
2 insiders also active elsewhere
Insider Other boards Also an insider at
LeBlanc, Glen 1 BCE (85)
Lamothe, Marie Josee 1 GRGD (41)
People who file as insiders here and at other TSX/TSXV companies (number in brackets = that company's Confluence Score). A well-connected insider taking a seat at a new junior can be an early tell. Matched by name across SEDI filings; funds and 10%+ holders excluded.
Form55 provides data and analysis for informational purposes only. Nothing on this site constitutes investment advice or a recommendation to buy or sell any security. Past performance is not indicative of future results.