Vanguard Group Inc. Sells 1,552,201 Shares of Lyft, Inc. $LYFT

Vanguard Group Inc. lessened its holdings in shares of Lyft, Inc. (NASDAQ:LYFT) by 4.0% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 36,970,185 shares of the ride-sharing company’s stock after selling 1,552,201 shares during the period. Vanguard Group Inc. owned 0.09% of Lyft worth $813,714,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Quent Capital LLC bought a new stake in Lyft during the third quarter worth about $34,000. Abich Financial Wealth Management LLC bought a new stake in shares of Lyft in the 3rd quarter worth approximately $50,000. Tower Research Capital LLC TRC grew its stake in shares of Lyft by 410.6% in the 2nd quarter. Tower Research Capital LLC TRC now owns 3,217 shares of the ride-sharing company’s stock worth $51,000 after buying an additional 2,587 shares during the last quarter. Compagnie Lombard Odier SCmA bought a new position in Lyft during the 3rd quarter valued at approximately $55,000. Finally, BNP PARIBAS ASSET MANAGEMENT Holding S.A. purchased a new position in Lyft during the second quarter valued at $62,000. 83.07% of the stock is currently owned by institutional investors.

Lyft Price Performance

NASDAQ LYFT opened at $13.95 on Monday. The stock has a market capitalization of $5.55 billion, a price-to-earnings ratio of 2.05, a PEG ratio of 0.81 and a beta of 1.93. Lyft, Inc. has a 1-year low of $9.66 and a 1-year high of $25.54. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.65 and a quick ratio of 0.65. The business’s fifty day moving average price is $17.75 and its 200-day moving average price is $19.05.

Lyft announced that its Board of Directors has approved a stock buyback plan on Tuesday, February 10th that permits the company to buyback $1.00 billion in outstanding shares. This buyback authorization permits the ride-sharing company to repurchase up to 15.1% of its stock through open market purchases. Stock buyback plans are generally a sign that the company’s board of directors believes its shares are undervalued.

Insider Buying and Selling

In other news, Director Prashant Aggarwal sold 96,900 shares of the stock in a transaction that occurred on Thursday, December 4th. The shares were sold at an average price of $22.30, for a total value of $2,160,870.00. Following the transaction, the director owned 874,369 shares in the company, valued at $19,498,428.70. This represents a 9.98% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CAO Stephen W. Hope sold 4,800 shares of the business’s stock in a transaction that occurred on Thursday, December 4th. The shares were sold at an average price of $22.30, for a total transaction of $107,040.00. Following the sale, the chief accounting officer owned 311,909 shares of the company’s stock, valued at $6,955,570.70. This trade represents a 1.52% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 187,443 shares of company stock valued at $4,178,618 in the last 90 days. Insiders own 3.07% of the company’s stock.

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

Analysts Set New Price Targets

LYFT has been the topic of several recent analyst reports. Deutsche Bank Aktiengesellschaft cut their price objective on shares of Lyft from $25.00 to $16.00 and set a “hold” rating on the stock in a research report on Wednesday, February 11th. Weiss Ratings restated a “hold (c-)” rating on shares of Lyft in a report on Thursday, January 22nd. Mizuho reduced their target price on Lyft from $27.00 to $16.00 and set a “neutral” rating for the company in a report on Thursday, February 12th. Needham & Company LLC restated a “hold” rating on shares of Lyft in a research note on Wednesday, February 11th. Finally, Morgan Stanley set a $17.00 price target on Lyft in a report on Wednesday, February 11th. Ten investment analysts have rated the stock with a Buy rating, twenty-two have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, Lyft currently has a consensus rating of “Hold” and a consensus target price of $19.66.

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.