342,448 Shares in Lyft, Inc. $LYFT Purchased by Quantbot Technologies LP

Quantbot Technologies LP purchased a new stake in shares of Lyft, Inc. (NASDAQ:LYFT) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 342,448 shares of the ride-sharing company’s stock, valued at approximately $7,537,000. Quantbot Technologies LP owned 0.08% of Lyft as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Quent Capital LLC purchased a new position in Lyft in the third quarter valued at about $34,000. Abich Financial Wealth Management LLC purchased a new stake in shares of Lyft during the 3rd quarter worth approximately $50,000. Tower Research Capital LLC TRC raised its holdings 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 purchasing an additional 2,587 shares during the period. Optiver Holding B.V. purchased a new position in Lyft in the third quarter valued at approximately $54,000. Finally, Compagnie Lombard Odier SCmA purchased a new position in Lyft in the third quarter valued at approximately $55,000. Hedge funds and other institutional investors own 83.07% of the company’s stock.

Insider Transactions at Lyft

In related news, insider Lindsay Catherine Llewellyn sold 23,661 shares of the company’s stock in a transaction that occurred on Wednesday, February 25th. The shares were sold at an average price of $13.30, for a total transaction of $314,691.30. Following the sale, the insider owned 696,850 shares of the company’s stock, valued at approximately $9,268,105. This represents a 3.28% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CAO Stephen W. Hope sold 4,800 shares of the stock in a transaction that occurred on Thursday, December 4th. The stock was sold at an average price of $22.30, for a total transaction of $107,040.00. Following the completion of the sale, the chief accounting officer owned 311,909 shares in the company, valued at $6,955,570.70. This represents a 1.52% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 209,638 shares of company stock valued at $4,463,623. Company 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: Acquisition/growth signal — coverage highlights Lyft’s deal to buy FreeNow, which could expand its geographic footprint and address demand-supply scale benefits (a potential long-term positive for revenue and market reach). Lyft Union Push And FreeNow Deal Reshape Growth And Valuation Outlook
• Positive Sentiment: Local demand promotion — a Houston-area law firm arranged discounted Lyft rides for Rodeo attendees, a small but positive user-acquisition/PR event that can boost local trips. Houston-area law firm to offer discounted Lyft rides from Houston Livestock Show and Rodeo
• Positive Sentiment: Investor visibility — Lyft presented at Bernstein’s Tech, Media & Telecom forum (transcript published), which helps communicate strategy to institutional investors and can support sentiment if guidance or unit economics look favorable. Lyft Presents at Bernstein Insights
• Neutral Sentiment: Analyst stances mixed — JPMorgan reaffirmed a Hold with a $19 target while other shops have trimmed targets; varied price targets leave analyst-driven catalyst limited near term. Where is Lyft, Inc. (LYFT) Headed According to the Street?
• Neutral Sentiment: Options and floor debate — options-flow analysis and commentary (Benzinga/Forbes) show traders positioning around a potential bottom; useful for short-term volatility but ambiguous for fundamentals. What the Options Market Tells Us About Lyft
• Negative Sentiment: Insider selling — an insider sold ~23,661 shares (~$314.7k at ~$13.30), trimming their position; while not a huge block, insider sales can weigh on sentiment when the stock is already weak. SEC Form 4 — Insider Sale
• Negative Sentiment: Labor/headcount pressure — union activity in California and Seattle protests urging Uber/Lyft to stop adding drivers highlight regulatory and labor risks that could raise costs or constrain growth tactics. WA union for Uber, Lyft drivers wants companies to stop hiring
• Negative Sentiment: Safety/PR hit — a reported incident during a ride (Utah passenger safety story) can pressure brand perception and potentially increase compliance/safety costs. Utah woman orders food delivery during a Lyft ride—unaware her driver was plotting something chilling

Lyft Stock Performance

Shares of LYFT opened at $13.84 on Friday. The stock’s 50-day simple moving average is $17.17 and its 200 day simple moving average is $19.01. The stock has a market capitalization of $5.51 billion, a price-to-earnings ratio of 2.03, a price-to-earnings-growth ratio of 0.83 and a beta of 1.93. 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, Inc. has a 52-week low of $9.66 and a 52-week high of $25.54.

Lyft announced that its board has initiated a stock buyback plan on Tuesday, February 10th that allows the company to buyback $1.00 billion in shares. This buyback authorization allows the ride-sharing company to buy up to 15.1% of its shares through open market purchases. Shares buyback plans are usually a sign that the company’s board believes its shares are undervalued.

Wall Street Analyst Weigh In

A number of analysts have issued reports on LYFT shares. Canaccord Genuity Group decreased their target price on Lyft from $19.00 to $16.00 and set a “hold” rating for the company in a research report on Wednesday, February 11th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Lyft in a research note on Thursday, January 22nd. TD Cowen reissued a “buy” rating on shares of Lyft in a report on Wednesday, February 11th. Arete Research set a $20.00 price objective on Lyft and gave the company a “neutral” rating in a research note on Wednesday, December 3rd. Finally, Barclays cut their target price on shares of Lyft from $27.00 to $20.00 and set an “equal weight” rating for the company in a research 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 issued a Sell rating to the company’s stock. According to MarketBeat, Lyft currently has a consensus rating of “Hold” and an average target price of $19.66.

Lyft Company Profile

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.