Hillsdale Investment Management Inc. Increases Position in Lyft, Inc. $LYFT

Hillsdale Investment Management Inc. boosted its position in Lyft, Inc. (NASDAQ:LYFT) by 27.4% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund 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.’s holdings in Lyft were worth $5,687,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Quent Capital LLC purchased a new position in shares of Lyft in the 3rd quarter worth about $34,000. Abich Financial Wealth Management LLC bought a new stake in Lyft in the 3rd quarter worth approximately $50,000. Tower Research Capital LLC TRC lifted its position in 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 purchased a new stake in Lyft in the third quarter worth approximately $55,000. Finally, BNP PARIBAS ASSET MANAGEMENT Holding S.A. bought a new position in Lyft during the second quarter valued at approximately $62,000. Institutional investors own 83.07% of the company’s stock.

Lyft News Summary

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

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on LYFT. Royal Bank Of Canada cut their price objective on shares of Lyft from $27.00 to $22.00 and set an “outperform” rating for the company in a research note on Wednesday, February 11th. Jefferies Financial Group lowered their price target on shares of Lyft from $20.00 to $15.50 and set a “hold” rating for the company in a research note on Wednesday, February 11th. Benchmark reaffirmed a “buy” rating on shares of Lyft in a research note on Tuesday, October 28th. Wall Street Zen downgraded Lyft from a “buy” rating to a “hold” rating in a report on Saturday, November 8th. Finally, Susquehanna restated a “neutral” rating and set a $15.00 target price on shares of Lyft in a report on Thursday, February 12th. Ten research analysts have rated the stock with a Buy rating, twenty-two have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $19.66.

Lyft Stock Up 0.4%

NASDAQ LYFT opened at $13.95 on Friday. 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 stock has a market capitalization of $5.57 billion, a PE 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 business’s 50-day moving average is $17.75 and its 200 day moving average is $19.02.

Lyft announced that its board has approved a stock buyback program on Tuesday, February 10th that authorizes the company to repurchase $1.00 billion in shares. This repurchase authorization authorizes the ride-sharing company to purchase up to 15.1% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company’s management believes its stock is undervalued.

Insiders Place Their Bets

In related news, Director Prashant Aggarwal sold 96,900 shares of the firm’s stock in a transaction on Thursday, December 4th. The stock was sold at an average price of $22.30, for a total value of $2,160,870.00. Following the completion of the sale, the director owned 874,369 shares of the company’s stock, valued at $19,498,428.70. This trade represents a 9.98% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO John David Risher purchased 5,030 shares of the business’s stock in a transaction that occurred on Wednesday, December 10th. The stock was bought at an average price of $19.80 per share, for a total transaction of $99,594.00. Following the acquisition, the chief executive officer owned 11,802,296 shares of the company’s stock, valued at $233,685,460.80. This represents a 0.04% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last quarter, insiders have sold 187,443 shares of company stock worth $4,178,618. Insiders own 3.07% of the company’s stock.

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.