Lyft, Inc. $LYFT Holdings Lifted by Cwm LLC

Cwm LLC boosted its holdings in shares of Lyft, Inc. (NASDAQ:LYFT) by 52.1% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 819,677 shares of the ride-sharing company’s stock after buying an additional 280,886 shares during the period. Cwm LLC’s holdings in Lyft were worth $18,041,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of LYFT. MassMutual Private Wealth & Trust FSB increased its holdings in shares of Lyft by 162.6% in the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 1,943 shares of the ride-sharing company’s stock valued at $31,000 after purchasing an additional 1,203 shares during the period. Atwood & Palmer Inc. purchased a new position in Lyft during the second quarter valued at approximately $32,000. Bogart Wealth LLC increased its stake in Lyft by 1,242.2% in the 2nd quarter. Bogart Wealth LLC now owns 2,161 shares of the ride-sharing company’s stock valued at $34,000 after buying an additional 2,000 shares during the period. 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 in the last quarter. Finally, SRH Advisors LLC acquired a new stake in shares of Lyft during the 2nd quarter valued at $62,000. 83.07% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Lyft

In other news, Director Prashant Aggarwal sold 96,900 shares of the firm’s stock in a transaction dated 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 sale, the director directly owned 874,369 shares of the company’s stock, valued at approximately $19,498,428.70. This trade represents a 9.98% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Jill Beggs sold 1,466 shares of Lyft stock in a transaction dated Friday, November 28th. The stock was sold at an average price of $20.25, for a total value of $29,686.50. Following the completion of the transaction, the director owned 34,278 shares in the company, valued at $694,129.50. The trade was a 4.10% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 187,443 shares of company stock valued at $4,178,618. 3.07% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

LYFT has been the topic of a number of recent research reports. Roth Capital set a $25.00 target price on Lyft and gave the company a “buy” rating in a research note on Wednesday, October 29th. TD Cowen boosted their price target on Lyft from $22.00 to $30.00 and gave the company a “buy” rating in a research note on Wednesday, September 24th. Jefferies Financial Group dropped their price objective on Lyft from $23.00 to $22.00 and set a “hold” rating on the stock in a report on Thursday, December 11th. Mizuho lifted their target price on shares of Lyft from $24.00 to $27.00 and gave the company a “neutral” rating in a research note on Wednesday, November 12th. Finally, Benchmark reissued a “buy” rating on shares of Lyft in a research report on Tuesday, October 28th. Eleven research analysts have rated the stock with a Buy rating, twenty-three have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $22.80.

Key Lyft News

Here are the key news stories impacting Lyft this week:

• Positive Sentiment: Lyft is offering free New Year’s Eve rides in Kansas City — a local promotion meant to drive usage, demonstrate public-safety positioning (discouraging drunk driving) and boost short‑term ride volume and brand goodwill in a key market. Lyft offering free rides in Kansas City for New Year’s Eve
• Neutral Sentiment: A column framing Uber and Lyft as “revolutionary” transport reinforces the long‑term TAM and adoption narrative for ride‑hailing but provides no company‑specific catalyst (it’s sentiment/awareness rather than new product or guidance). Could support investor sentiment but not immediate fundamentals. GORE: Uber and Lyft, the revolutionary means of travel
• Neutral Sentiment: An InvestorPlace piece uses Lyft as a case study for option and trading strategies; this may prompt short‑term trading/option flow interest but doesn’t change Lyft’s operating outlook. Expect temporary volatility if traders act on the story. Process, Conviction, Discipline: The Framework That Wins
• Negative Sentiment: Multiple reports say three escaped Georgia inmates hijacked a Lyft and held/threatened the driver during a multi‑state flight to Florida. The incident raises driver safety, liability, insurance and regulatory scrutiny risks and is a material reputational headwind that could pressure gross bookings, increase driver incentive/insurance costs, and attract local regulators or politician criticism. See coverage from The Guardian and follow‑ups in U.S. outlets. Three men who escaped Georgia jail hijacked Lyft to Florida, records show 3 Escaped Inmates Kidnapped Lyft Driver for 10 Hours and Threatened to Torture Her

Lyft Stock Up 0.3%

LYFT opened at $19.67 on Friday. The firm has a market cap of $7.86 billion, a P/E ratio of 51.76, a price-to-earnings-growth ratio of 1.96 and a beta of 1.99. The company has a debt-to-equity ratio of 1.76, a quick ratio of 0.72 and a current ratio of 0.72. The business has a 50 day moving average price of $20.86 and a 200 day moving average price of $18.38. Lyft, Inc. has a twelve month low of $9.66 and a twelve month high of $25.54.

Lyft (NASDAQ:LYFT) last released its quarterly earnings results on Wednesday, November 5th. The ride-sharing company reported $0.13 EPS for the quarter, missing analysts’ consensus estimates of $0.30 by ($0.17). The firm had revenue of $1.69 billion during the quarter, compared to the consensus estimate of $1.71 billion. Lyft had a net margin of 2.40% and a return on equity of 18.29%. The company’s revenue for the quarter was up 11.6% compared to the same quarter last year. During the same period in the prior year, the business earned $0.29 EPS. Research analysts forecast that Lyft, Inc. will post 0.22 EPS for the current year.

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.