Lightspeed POS (LSPD) has notable insider selling

Lightspeed POS (T:LSPD)

Bradley Earle Malmberg, a Senior Officer, disposed 50,000 Subordinate Voting Shares on a direct ownership basis at prices ranging from $35.100 and $35.250 through the public market on February 25th, 2020. This represents a $1,755,272 divestment of the company's shares and an account share holdings change of -50.2%.

Lightspeed POS Inc is a Canada-based software development company. The Company offers omnichannel point of sale platform solutions, which enable users to manage entire business from inventory, customer preferences, sales, and analytics. The Company's e-commerce platform toolkit includes Product Management, Inventory Management, Order Management and International currency. The Company offers various products, such as retail POS, Restaurant POS, e-commerce and Onsite POS.