GSA Capital Partners LLP Buys 61,050 Shares of Lyft, Inc. $LYFT

GSA Capital Partners LLP grew its stake in Lyft, Inc. (NASDAQ:LYFT) by 209.4% in the 4th quarter, Holdings Channel.com reports. The firm owned 90,210 shares of the ride-sharing company’s stock after purchasing an additional 61,050 shares during the period. GSA Capital Partners LLP’s holdings in Lyft were worth $1,747,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of LYFT. Swedbank AB bought a new stake in shares of Lyft during the 4th quarter worth approximately $108,472,000. Victory Capital Management Inc. lifted its stake in shares of Lyft by 479.1% during the 3rd quarter. Victory Capital Management Inc. now owns 3,580,564 shares of the ride-sharing company’s stock worth $78,808,000 after acquiring an additional 2,962,266 shares during the last quarter. AQR Capital Management LLC lifted its stake in shares of Lyft by 7.4% during the 3rd quarter. AQR Capital Management LLC now owns 25,783,363 shares of the ride-sharing company’s stock worth $567,492,000 after acquiring an additional 1,773,438 shares during the last quarter. Invesco Ltd. lifted its stake in shares of Lyft by 134.0% during the 3rd quarter. Invesco Ltd. now owns 2,491,790 shares of the ride-sharing company’s stock worth $54,844,000 after acquiring an additional 1,426,860 shares during the last quarter. Finally, ING Groep NV lifted its stake in shares of Lyft by 699.7% during the 3rd quarter. ING Groep NV now owns 1,626,500 shares of the ride-sharing company’s stock worth $35,799,000 after acquiring an additional 1,423,100 shares during the last quarter. 83.07% of the stock is owned by institutional investors.

Insider Transactions at Lyft

In related news, insider Lindsay Catherine Llewellyn sold 23,661 shares of the business’s stock in a transaction on Wednesday, February 25th. The stock was sold at an average price of $13.30, for a total transaction of $314,691.30. Following the transaction, the insider directly owned 696,850 shares in the company, valued at $9,268,105. The trade was a 3.28% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CAO Stephen W. Hope sold 5,284 shares of the business’s stock in a transaction on Friday, February 27th. The stock was sold at an average price of $13.83, for a total value of $73,077.72. Following the transaction, the chief accounting officer owned 300,570 shares in the company, valued at approximately $4,156,883.10. This trade represents a 1.73% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 54,699 shares of company stock valued at $771,756. Corporate insiders own 0.92% of the company’s stock.

Key Lyft News

Here are the key news stories impacting Lyft this week:

• Positive Sentiment: Lyft’s Q1 2026 results showed continued operating momentum, including 17% year-over-year active rider growth to 28.3 million, gross bookings of $4.9 billion, and revenue growth of 14% to about $1.7 billion. Management also highlighted expanding corporate partnerships, which now account for nearly 27% of North American rides, and progress on autonomous vehicle initiatives and UK expansion. Article: Lyft (LYFT) Is Down 5.0% After Strong Q1 Rider Growth And UK Push Has The Bull Case Changed?
• Positive Sentiment: Unusual call option buying suggests some traders are positioning for a rebound, with call volume running above average. This can indicate speculative bullish interest in Lyft shares.
• Positive Sentiment: Lyft and May Mobility launched an autonomous vehicle service in Atlanta, reinforcing the company’s push into autonomous mobility and potentially improving the long-term growth narrative. Article: Lyft, May Mobility launch autonomous vehicle service in Atlanta
• Positive Sentiment: Analyst and hedge-fund commentary has also leaned constructive, with several notes citing Lyft as a relatively inexpensive tech stock after its Q1 report and improved fundamentals. Article: Here is why Lyft (LYFT) is One of the Best Low Priced Tech Stocks to Buy According to Hedge Funds
• Neutral Sentiment: DA Davidson cut its price target on Lyft from $19.00 to $14.50 while keeping a neutral rating, signaling caution rather than a strong bearish call. Article: Benzinga report on Lyft price target cut
• Neutral Sentiment: A comparison piece with Uber highlighted stronger post-earnings momentum at Uber, which may be dampening relative sentiment toward Lyft by contrast. Article: UBER vs. LYFT: Which Stock Is Better Positioned Post Q1 Results?

Lyft Trading Down 1.4%

LYFT opened at $13.18 on Wednesday. The firm has a market cap of $5.00 billion, a price-to-earnings ratio of 1.92, a PEG ratio of 0.83 and a beta of 1.84. 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 stock has a fifty day moving average price of $13.69 and a 200-day moving average price of $16.85.

Lyft (NASDAQ:LYFT) last released its quarterly earnings results on Thursday, May 7th. The ride-sharing company reported $0.04 EPS for the quarter, missing the consensus estimate of $0.30 by ($0.26). The company had revenue of $1.65 billion during the quarter, compared to the consensus estimate of $1.63 billion. Lyft had a negative return on equity of 2.09% and a net margin of 43.82%.The company’s revenue was up 17.2% on a year-over-year basis. During the same period in the previous year, the firm posted $0.01 earnings per share. As a group, equities research analysts anticipate that Lyft, Inc. will post 0.66 earnings per share for the current fiscal year.

Lyft declared that its Board of Directors has authorized a stock buyback program on Tuesday, February 10th that allows the company to buyback $1.00 billion in outstanding shares. This buyback authorization allows the ride-sharing company to purchase up to 15.1% of its stock through open market purchases. Stock buyback programs are generally an indication that the company’s board of directors believes its shares are undervalued.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on LYFT shares. Wells Fargo & Company decreased their price target on Lyft from $26.00 to $18.00 and set an “equal weight” rating for the company in a research note on Wednesday, February 11th. Zacks Research lowered Lyft from a “hold” rating to a “strong sell” rating in a research note on Monday, April 13th. TD Cowen reissued a “buy” rating on shares of Lyft in a research note on Wednesday, February 11th. Roth Mkm reissued a “buy” rating and set a $23.00 price target on shares of Lyft in a research note on Friday, May 8th. Finally, Wedbush decreased their price target on Lyft from $16.00 to $13.00 and set an “underperform” rating for the company in a research note on Wednesday, February 11th. Nine research analysts have rated the stock with a Buy rating, twenty-two have given a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $19.13.

Lyft 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.