Lyft, Inc. $LYFT Shares Purchased by American Century Companies Inc.

American Century Companies Inc. boosted its position in shares of Lyft, Inc. (NASDAQ:LYFT) by 56.8% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,571,726 shares of the ride-sharing company’s stock after purchasing an additional 569,074 shares during the period. American Century Companies Inc. owned approximately 0.39% of Lyft worth $34,594,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of LYFT. Amalgamated Bank raised its position in shares of Lyft by 2.5% during the 3rd quarter. Amalgamated Bank now owns 21,652 shares of the ride-sharing company’s stock valued at $477,000 after buying an additional 534 shares during the period. Vanguard Personalized Indexing Management LLC grew its position in Lyft by 2.4% in the third quarter. Vanguard Personalized Indexing Management LLC now owns 35,372 shares of the ride-sharing company’s stock worth $779,000 after acquiring an additional 836 shares during the period. Earned Wealth Advisors LLC grew its position in Lyft by 4.8% in the third quarter. Earned Wealth Advisors LLC now owns 19,164 shares of the ride-sharing company’s stock worth $422,000 after acquiring an additional 881 shares during the period. Main Street Financial Solutions LLC increased its stake in Lyft by 3.8% during the second quarter. Main Street Financial Solutions LLC now owns 24,688 shares of the ride-sharing company’s stock worth $389,000 after acquiring an additional 909 shares during the last quarter. Finally, Bogart Wealth LLC increased its stake in Lyft by 46.3% during the third quarter. Bogart Wealth LLC now owns 3,161 shares of the ride-sharing company’s stock worth $70,000 after acquiring an additional 1,000 shares during the last quarter. 83.07% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Lyft

In related news, insider Lindsay Catherine Llewellyn sold 23,661 shares of Lyft stock in a transaction that occurred on Wednesday, February 25th. The shares were sold at an average price of $13.30, for a total value of $314,691.30. Following the completion of the transaction, the insider owned 696,850 shares in the company, valued at approximately $9,268,105. The trade was a 3.28% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Jill Beggs sold 2,093 shares of the company’s stock in a transaction that occurred on Friday, February 27th. The stock was sold at an average price of $13.89, for a total transaction of $29,071.77. Following the sale, the director directly owned 32,185 shares in the company, valued at approximately $447,049.65. The trade was a 6.11% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 31,038 shares of company stock valued at $416,841 over the last three months. 3.07% of the stock is currently owned by company insiders.

Key Lyft News

Here are the key news stories impacting Lyft this week:

• Positive Sentiment: Lyft announced the acquisition of Motivate, a bike‑share operator, expanding its micromobility footprint and diversifying revenue beyond rides — a strategic move investors often view as a growth catalyst. Lyft pulls an Uber and acquires Motivate, a bike-sharing company
• Neutral Sentiment: Analysts and coverage pieces continue to include Lyft among gig‑economy plays, keeping the stock on investor radars but not delivering fresh valuation catalysts. Stocks to Keep an Eye on to Take Advantage of the Gig Economy Boom
• Neutral Sentiment: Industry dynamics: Uber is testing driver subscription packages, signaling competitive experimentation on driver economics that could influence Lyft’s driver retention and cost profile. Uber explores driver subscription model as ride prices rise 9.6%
• Negative Sentiment: Hedge fund Owl Creek sold ~1.94M Lyft shares (~$40M), reducing an institutional stake — a material block sale that can weigh on near‑term sentiment. Hedge Fund Owl Creek Dumped 1.9 Million Shares of Lyft Worth $40.3 Million. Is the Stock a Buy or Sell?
• Negative Sentiment: Mizuho cut its price target on LYFT to $15, signaling lower near‑term expectations from a sell‑side analyst and potentially pressuring investor sentiment. Mizuho Cuts Lyft (NASDAQ:LYFT) Price Target to $15.00
• Negative Sentiment: Regulatory risk: a U.S. House committee is probing secret use of AI for surveillance/pricing across ride‑hailing platforms — a legal/regulatory overhang that has already pressured shares of Lyft and peers. Uber and Lyft Stocks Skid as U.S. Probes Secret Use of AI in Surveillance Pricing
• Negative Sentiment: Legal and reputational issues: recent lawsuits tied to alleged hit‑and‑run incidents and reports of discrimination against blind/low‑vision riders increase litigation and regulatory risk. Scooter rider sues Lyft after driver’s alleged Capitol Hill hit-and-run People who are blind, have low vision report discrimination with ride-share services
• Negative Sentiment: Demand pressure: ride costs rose ~10% last year and consumer reports suggest riders are cutting back, which could temper growth in ride volumes and ARPU. The cost of Uber and Lyft rides rose nearly 10% last year — and now riders say they’re cutting back

Lyft Trading Up 0.5%

Shares of NASDAQ LYFT opened at $13.25 on Friday. The company has a current ratio of 0.65, a quick ratio of 0.65 and a debt-to-equity ratio of 0.31. The stock has a market capitalization of $5.27 billion, a PE ratio of 1.94, a PEG ratio of 0.80 and a beta of 1.92. Lyft, Inc. has a twelve month low of $9.66 and a twelve month high of $25.54. The stock has a fifty day simple moving average of $16.55 and a 200-day simple moving average of $18.95.

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

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on LYFT shares. DA Davidson decreased their price target on Lyft from $22.00 to $19.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 11th. Piper Sandler reissued an “overweight” rating on shares of Lyft in a research report on Wednesday, February 11th. Susquehanna restated a “neutral” rating and issued a $15.00 price objective on shares of Lyft in a report on Thursday, February 12th. Sanford C. Bernstein upped their target price on shares of Lyft from $22.00 to $23.00 and gave the company a “market perform” rating in a research report on Monday, November 10th. Finally, Truist Financial lowered their target price on shares of Lyft from $23.00 to $18.00 and set a “hold” rating for the company in a research note on Wednesday, February 11th. Ten analysts have rated the stock with a Buy rating, twenty-two have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $19.63.

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.