Lindsay Catherine Llewellyn Sells 36,214 Shares of Lyft (NASDAQ:LYFT) Stock

Lyft, Inc. (NASDAQ:LYFT) insider Lindsay Catherine Llewellyn sold 36,214 shares of Lyft stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $16.14, for a total transaction of $584,493.96. Following the sale, the insider directly owned 817,517 shares in the company, valued at approximately $13,194,724.38. This trade represents a 4.24% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Lindsay Catherine Llewellyn also recently made the following trade(s):

• On Monday, June 1st, Lindsay Catherine Llewellyn sold 11,491 shares of Lyft stock. The stock was sold at an average price of $15.00, for a total transaction of $172,365.00.
• On Tuesday, May 26th, Lindsay Catherine Llewellyn sold 11,491 shares of Lyft stock. The stock was sold at an average price of $13.69, for a total transaction of $157,311.79.

Lyft Stock Down 1.1%

Shares of NASDAQ LYFT opened at $16.30 on Friday. The stock has a market cap of $6.19 billion, a PE ratio of 2.38, a P/E/G ratio of 0.98 and a beta of 1.80. The company has a current ratio of 0.58, a quick ratio of 0.58 and a debt-to-equity ratio of 0.33. Lyft, Inc. has a 12-month low of $12.46 and a 12-month high of $25.54. The company has a 50-day moving average of $14.88 and a 200 day moving average of $14.53.

Lyft (NASDAQ:LYFT) last issued its earnings results on Thursday, August 6th. The ride-sharing company reported $0.13 earnings per share for the quarter, missing the consensus estimate of $0.14 by ($0.01). Lyft had a negative return on equity of 2.09% and a net margin of 43.82%.The company had revenue of $1.84 billion for the quarter, compared to analyst estimates of $1.81 billion. During the same quarter in the prior year, the firm earned $0.10 earnings per share. The company’s revenue for the quarter was up 16.1% on a year-over-year basis. As a group, sell-side analysts predict that Lyft, Inc. will post 0.69 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on LYFT shares. Royal Bank Of Canada lowered their price target on shares of Lyft from $22.00 to $18.00 and set an “outperform” rating on the stock in a research report on Friday, May 8th. Zacks Research downgraded Lyft from a “hold” rating to a “strong sell” rating in a research report on Tuesday, July 7th. Truist Financial upped their price target on Lyft from $15.00 to $16.00 and gave the company a “hold” rating in a research note on Friday, May 8th. Citigroup started coverage on Lyft in a report on Wednesday, June 17th. They set a “buy” rating for the company. Finally, Sanford C. Bernstein initiated coverage on shares of Lyft in a report on Wednesday, June 17th. They issued an “underperform” rating on the stock. Twelve analysts have rated the stock with a Buy rating, twenty-one have issued a Hold rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $19.43.

Institutional Trading of Lyft

Institutional investors and hedge funds have recently bought and sold shares of the business. University of Texas Texas AM Investment Management Co. acquired a new position in shares of Lyft in the fourth quarter valued at approximately $26,000. International Assets Investment Management LLC purchased a new position in Lyft in the fourth quarter worth approximately $40,000. Huntington National Bank grew its stake in shares of Lyft by 171.8% during the fourth quarter. Huntington National Bank now owns 2,174 shares of the ride-sharing company’s stock worth $42,000 after purchasing an additional 1,374 shares in the last quarter. Boreal Capital Management LLC acquired a new position in shares of Lyft during the 1st quarter worth about $31,000. Finally, Bessemer Group Inc. boosted its holdings in Lyft by 1,851.9% in the first quarter. Bessemer Group Inc. now owns 2,635 shares of the ride-sharing company’s stock valued at $35,000 after purchasing an additional 2,500 shares in the last quarter. 83.07% of the stock is currently owned by hedge funds and other institutional investors.

Key Lyft News

Here are the key news stories impacting Lyft this week:

• Positive Sentiment: Lyft reported second-quarter revenue of approximately $1.84 billion, up 16.1% year over year and ahead of the $1.81 billion analyst estimate. The company also reported record active riders, supported by demand for higher-value rides, international expansion, and partnerships. Lyft signals steady demand as second-quarter revenue tops estimates
• Positive Sentiment: Second-quarter gross bookings climbed to about $5.5 billion. Lyft’s outlook for the current quarter calls for bookings growth that is slightly above Wall Street expectations, potentially signaling continued demand despite a more cautious growth trajectory. Lyft signals steady demand as second-quarter revenue tops estimates
• Neutral Sentiment: Lyft highlighted record quarterly growth and profitability gains, but reported metrics were mixed. Investors will likely focus on whether higher-value rides and international operations can sustain growth while the company expands its platform. Lyft Reports Record Q2 Growth and Profitability Gains
• Negative Sentiment: Adjusted second-quarter earnings fell short of expectations. Zacks cited EPS of $0.29 versus a $0.39 consensus estimate; another report cited $0.13 versus $0.14. Although earnings improved from the prior year, the miss raises concerns about cost control and profit growth. Lyft Misses Q2 Earnings Estimates
• Negative Sentiment: Management expects current-quarter bookings growth of roughly 15% to 19%, indicating a slowdown from the recent pace. That moderation may limit enthusiasm despite the revenue beat and slightly favorable bookings outlook. Lyft’s Bookings Climb, But Expects Growth to Moderate
• Negative Sentiment: Insider Lindsay Catherine Llewellyn sold 36,214 shares worth approximately $584,494 under a pre-arranged Rule 10b5-1 trading plan. Because the sale was scheduled in advance and the insider retained more than 817,000 shares, its impact is likely limited, but it may add modest sentiment pressure. Lyft Insider Sale

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.