Hillsdale Investment Management Inc. Raises Stock Holdings in Lyft, Inc. $LYFT

Hillsdale Investment Management Inc. increased its holdings in shares of Lyft, Inc. (NASDAQ:LYFT) by 27.4% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 258,400 shares of the ride-sharing company’s stock after acquiring an additional 55,500 shares during the quarter. Hillsdale Investment Management Inc. owned approximately 0.06% of Lyft worth $5,687,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of LYFT. Heartland Advisors Inc. raised its stake in Lyft by 68.2% in the 3rd quarter. Heartland Advisors Inc. now owns 594,800 shares of the ride-sharing company’s stock valued at $13,092,000 after acquiring an additional 241,250 shares during the period. Nierenberg Investment Management Company Inc. bought a new position in Lyft during the second quarter worth about $671,000. Savant Capital LLC increased its stake in shares of Lyft by 78.1% in the second quarter. Savant Capital LLC now owns 427,813 shares of the ride-sharing company’s stock worth $6,742,000 after purchasing an additional 187,625 shares in the last quarter. CWM LLC increased its stake in shares of Lyft by 52.1% in the third quarter. CWM LLC now owns 819,677 shares of the ride-sharing company’s stock worth $18,041,000 after purchasing an additional 280,886 shares in the last quarter. Finally, Abacus FCF Advisors LLC bought a new stake in shares of Lyft in the third quarter valued at approximately $6,442,000. Hedge funds and other institutional investors own 83.07% of the company’s stock.

Insiders Place Their Bets

In related news, CEO John David Risher acquired 5,030 shares of the firm’s stock in a transaction that occurred on Wednesday, December 10th. The shares were bought at an average cost of $19.80 per share, for a total transaction of $99,594.00. Following the completion of the transaction, the chief executive officer owned 11,802,296 shares in the company, valued at approximately $233,685,460.80. This trade represents a 0.04% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director David Lawee sold 6,578 shares of the firm’s stock in a transaction that occurred on Wednesday, December 3rd. The shares were sold at an average price of $22.55, for a total transaction of $148,333.90. Following the completion of the sale, the director directly owned 104,460 shares in the company, valued at $2,355,573. This represents a 5.92% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 187,443 shares of company stock worth $4,178,618. 3.07% of the stock is owned by corporate insiders.

Lyft Trading Up 0.4%

Lyft stock opened at $13.95 on Friday. The stock has a market cap of $5.57 billion, a P/E ratio of 2.05, a PEG ratio of 0.81 and a beta of 1.93. Lyft, Inc. has a fifty-two week low of $9.66 and a fifty-two week high of $25.54. The firm’s fifty day moving average price is $17.75 and its 200-day moving average price is $19.02. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.65 and a current ratio of 0.65.

Lyft announced that its board has authorized a stock buyback plan on Tuesday, February 10th that authorizes the company to buyback $1.00 billion in outstanding shares. This buyback authorization authorizes the ride-sharing company to buy up to 15.1% of its stock through open market purchases. Stock buyback plans are generally an indication that the company’s board believes its stock is undervalued.

Wall Street Analyst Weigh In

LYFT has been the subject of several analyst reports. Needham & Company LLC reaffirmed a “hold” rating on shares of Lyft in a report on Wednesday, February 11th. Wells Fargo & Company cut their price target on Lyft from $26.00 to $18.00 and set an “equal weight” rating for the company in a report on Wednesday, February 11th. Cantor Fitzgerald reduced their price target on Lyft from $21.00 to $14.00 and set a “neutral” rating for the company in a research report on Wednesday, February 11th. Benchmark reissued a “buy” rating on shares of Lyft in a report on Tuesday, October 28th. Finally, Zephirin Group raised their target price on Lyft from $15.00 to $18.00 and gave the stock a “hold” rating in a research note on Thursday, November 6th. Ten analysts have rated the stock with a Buy rating, twenty-two have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $19.66.

Key Stories Impacting Lyft

Here are the key news stories impacting Lyft this week:

• Positive Sentiment: Bullish take arguing Lyft still has “incredible upside” despite autonomous‑vehicle fears, highlighting potential long‑term value if execution/monetization improves. Lyft: Incredible Upside Potential Despite AV Fears
• Neutral Sentiment: Lyft CFO Erin Brewer will appear at the Bernstein TMT forum next week; the fireside chat (webcast available) gives management a venue to address guidance, margin plans and cost discipline with investors. Lyft CFO to Participate in Fireside Chat at the Bernstein TMT Forum
• Neutral Sentiment: Comparisons between Uber and Lyft after Q4 suggest both firms missed, but analysts point to differences in valuation, buybacks and recent price performance when choosing which ride‑hailer might rebound faster. That framing leaves Lyft more exposed to sentiment shifts. UBER vs. LYFT: Which Ride‑Hailing Stock Is Better Placed Post Q4?
• Negative Sentiment: Q4 update: revenue growth missed expectations even though non‑GAAP profit topped forecasts — investors have punished the stock on growth concerns, contributing to sharp short‑term declines. Lyft (NasdaqGS:LYFT) Valuation Check After Q4 Miss On Revenue Growth But Beat On Non GAAP Profit
• Negative Sentiment: Analysts have trimmed Lyft’s fair value and nudged up required returns, lowering growth assumptions (fair value moved from ~$24.07 to ~$20.31 in one note) — a direct headwind for sentiment and target prices. How The Story Behind Lyft (LYFT) Is Changing As Analysts Reset Expectations
• Negative Sentiment: Local criminal case: two teens charged in a fatal shooting of a Lyft driver — a reputational and liability issue that can raise regulatory/safety scrutiny and insurance/legal costs. 2 teens charged for Lyft driver’s deadly shooting
• Negative Sentiment: Operational cost pressure at airports: reports say SFO is collecting record fees from Uber and Lyft, which can squeeze margins on key pickup/drop‑off locations and make unit economics tougher. SFO is taking your Uber and Lyft cash at a new record high

About Lyft

Lyft, Inc (NASDAQ: LYFT) operates a peer-to-peer ridesharing platform that connects passengers with drivers through a mobile application. Since its founding in 2012, the company has expanded beyond traditional ride-hailing to include bike and electric scooter rentals, while also offering rental cars and public transit options in select markets. Lyft’s platform uses GPS mapping and dynamic pricing algorithms to optimize driver-passenger matches and route efficiency.

Headquartered in San Francisco, California, Lyft primarily serves urban and suburban markets across the United States and Canada.