Lyft, Inc. $LYFT Shares Purchased by ING Groep NV

ING Groep NV raised its holdings in Lyft, Inc. (NASDAQ:LYFT) by 699.7% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,626,500 shares of the ride-sharing company’s stock after acquiring an additional 1,423,100 shares during the quarter. ING Groep NV owned 0.40% of Lyft worth $35,799,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in LYFT. Empowered Funds LLC raised its holdings in shares of Lyft by 13.7% in the 1st quarter. Empowered Funds LLC now owns 24,213 shares of the ride-sharing company’s stock worth $287,000 after purchasing an additional 2,921 shares in the last quarter. Focus Partners Wealth grew its position in Lyft by 44.0% in the first quarter. Focus Partners Wealth now owns 51,102 shares of the ride-sharing company’s stock worth $607,000 after buying an additional 15,621 shares during the last quarter. Sivia Capital Partners LLC bought a new position in shares of Lyft in the second quarter valued at $470,000. IFP Advisors Inc lifted its position in shares of Lyft by 316.8% during the 2nd quarter. IFP Advisors Inc now owns 6,835 shares of the ride-sharing company’s stock valued at $108,000 after acquiring an additional 5,195 shares during the last quarter. Finally, Vanguard Personalized Indexing Management LLC boosted its stake in shares of Lyft by 92.2% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 34,536 shares of the ride-sharing company’s stock worth $544,000 after acquiring an additional 16,570 shares in the last quarter. Institutional investors own 83.07% of the company’s stock.

Insider Buying and Selling

In related news, 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 transaction, the chief accounting officer directly owned 311,909 shares of the company’s stock, valued at approximately $6,955,570.70. The trade was a 1.52% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Jill Beggs sold 1,466 shares of the company’s stock in a transaction that occurred on Friday, November 28th. The shares were sold at an average price of $20.25, for a total transaction of $29,686.50. Following the completion of the transaction, the director owned 34,278 shares in the company, valued at approximately $694,129.50. This represents a 4.10% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 187,443 shares of company stock worth $4,178,618 over the last ninety days. 3.07% of the stock is currently owned by corporate insiders.

Lyft Stock Up 1.4%

Shares of Lyft stock opened at $16.85 on Wednesday. The stock has a 50-day moving average price of $19.04 and a 200 day moving average price of $19.08. The company has a market cap of $6.73 billion, a P/E ratio of 44.34, a P/E/G ratio of 1.03 and a beta of 1.93. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 1.76. Lyft, Inc. has a 1 year low of $9.66 and a 1 year high of $25.54.

Lyft declared that its board has authorized a share buyback program on Tuesday, February 10th that authorizes the company to repurchase $1.00 billion in outstanding 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 typically a sign that the company’s management believes its stock is undervalued.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on LYFT shares. Cantor Fitzgerald decreased their target price on Lyft from $25.00 to $21.00 and set a “neutral” rating on the stock in a report on Thursday, January 8th. Wells Fargo & Company increased their price target on Lyft from $20.00 to $26.00 and gave the company an “equal weight” rating in a research report on Tuesday, December 9th. Barclays boosted their price objective on Lyft from $20.00 to $27.00 and gave the stock an “equal weight” rating in a report on Friday, November 7th. Mizuho upped their price objective 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, Jefferies Financial Group decreased their target price on shares of Lyft from $23.00 to $22.00 and set a “hold” rating for the company in a report on Thursday, December 11th. Ten equities research 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. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $22.76.

More Lyft News

Here are the key news stories impacting Lyft this week:

• Positive Sentiment: Board authorized a $1 billion share buyback, which supports the stock by returning capital and signaling confidence in Lyft’s balance sheet. Lyft offers $1 billion buyback, but shares are tumbling after mixed results and outlook
• Positive Sentiment: Company reported record Q4 and full‑year 2025 GAAP results and strong cash generation (large net income and cash balance), giving management flexibility for buybacks and AV investments. Lyft Reports Record Q4 and Full-Year 2025 Results
• Neutral Sentiment: Management reiterated plans to expand autonomous-vehicle deployments and launched new product initiatives (e.g., teen accounts), which are strategic positives but will take time to move revenue materially. Lyft debuts teen accounts more than two years after Uber
• Negative Sentiment: Revenue missed Wall Street estimates (Q4 revenue below consensus) and management reported active riders and total rides below expectations — a key reason for the early selloff. Lyft stock falls 15% on disappointing fourth-quarter results, rider numbers
• Negative Sentiment: Company posted an unexpected operating loss for 2025 (and costs of sales rose), highlighting margin pressure even as GAAP net income was boosted by one‑time items — investors are cautious about sustainable profitability. Lyft (LYFT) Reports Q4 Loss, Misses Revenue Estimates
• Negative Sentiment: Management’s 2026 outlook was viewed as cautious and was partly impacted by winter storms; analysts promptly revised forecasts downward, amplifying near‑term downside risk. Lyft’s stock plummets 16% as a disappointing quarter presents a setback for its comeback story

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.