WINTON GROUP Ltd Acquires Shares of 300,900 Lyft, Inc. $LYFT

WINTON GROUP Ltd bought a new position in Lyft, Inc. (NASDAQ:LYFT) during the second quarter, Holdings Channel.com reports. The institutional investor bought 300,900 shares of the ride-sharing company’s stock, valued at approximately $4,396,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. AQR Capital Management LLC grew its position in shares of Lyft by 7.4% in the third quarter. AQR Capital Management LLC now owns 25,783,363 shares of the ride-sharing company’s stock valued at $567,492,000 after purchasing an additional 1,773,438 shares in the last quarter. Renaissance Technologies LLC lifted its position in Lyft by 15.4% during the fourth quarter. Renaissance Technologies LLC now owns 9,873,232 shares of the ride-sharing company’s stock worth $191,245,000 after buying an additional 1,320,938 shares in the last quarter. Altshuler Shaham Ltd boosted its stake in Lyft by 51.6% during the first quarter. Altshuler Shaham Ltd now owns 7,662,027 shares of the ride-sharing company’s stock worth $101,905,000 after buying an additional 2,607,417 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in Lyft by 58.0% during the first quarter. Dimensional Fund Advisors LP now owns 6,720,478 shares of the ride-sharing company’s stock worth $89,360,000 after buying an additional 2,467,010 shares during the last quarter. Finally, California State Teachers Retirement System grew its holdings in Lyft by 1,333.6% in the 2nd quarter. California State Teachers Retirement System now owns 6,441,315 shares of the ride-sharing company’s stock valued at $94,108,000 after buying an additional 5,992,016 shares in the last quarter. 83.07% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, insider Lindsay Llewellyn sold 13,204 shares of the stock in a transaction that occurred on Tuesday, September 1st. The shares were sold at an average price of $16.64, for a total transaction of $219,714.56. Following the completion of the transaction, the insider owned 781,152 shares of the company’s stock, valued at approximately $12,998,369.28. This trade represents a 1.66% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Jill Beggs sold 2,307 shares of Lyft stock in a transaction that occurred on Thursday, August 27th. The shares were sold at an average price of $17.34, for a total transaction of $40,003.38. Following the completion of the sale, the director owned 46,238 shares of the company’s stock, valued at $801,766.92. This trade represents a 4.75% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 97,020 shares of company stock worth $1,630,959. Insiders own 0.92% of the company’s stock.

More Lyft News

Here are the key news stories impacting Lyft this week:

• Positive Sentiment: Waymo partnership expands Lyft’s autonomous-vehicle offering. Riders in Nashville can now request Waymo robotaxi rides through the Lyft app, strengthening Lyft’s role as a distribution platform for autonomous transportation and potentially supporting long-term growth. Waymo Rides Now Available on the Lyft App in Nashville
• Positive Sentiment: Lyft reaffirmed its third-quarter 2026 guidance. The company maintained its outlook for gross bookings, adjusted EBITDA and adjusted EBITDA margin, reducing concern that the recent selloff reflected weaker operating expectations. Michael Brous, an internal executive with nearly eight years at Lyft, was named the next CFO. Lyft Names New CFO, Reaffirms Q3 2026 Guidance
• Neutral Sentiment: Scotiabank upgraded Lyft to “Hold.” The change suggests a more balanced analyst view but does not represent a bullish recommendation. A technical indicator also suggested the recent pullback could be short-lived. Lyft Stock Pullback Could Be Short-Lived Says Signal
• Neutral Sentiment: Reported short interest was zero shares, but the data appears incomplete or erroneous and therefore provides little meaningful information about trading pressure.
• Negative Sentiment: The CFO change initially unsettled investors. Although the appointment is internal and guidance was reaffirmed, the transition created uncertainty around a key financial leadership role. Recent filings also show multiple insider sales, with no reported insider purchases in the past six months.
• Negative Sentiment: New allegations involving Lyft drivers could create reputational and legal risk. Reports describe an alleged abduction involving two women and a separate civil lawsuit connected to a convicted driver. The reports concern alleged driver conduct, but investors may still monitor potential liability, safety costs and effects on rider trust. Lyft Driver Accused of Abducting Two Women

Analysts Set New Price Targets

A number of brokerages have issued reports on LYFT. Jefferies Financial Group raised their target price on Lyft from $15.00 to $15.50 and gave the stock a “hold” rating in a research note on Tuesday, July 14th. Weiss Ratings reissued a “hold (c)” rating on shares of Lyft in a report on Monday, August 3rd. Morgan Stanley raised their price objective on shares of Lyft from $17.00 to $18.00 and gave the stock an “equal weight” rating in a research report on Thursday, July 30th. Bank of America raised shares of Lyft from an “underperform” rating to a “buy” rating in a research note on Friday, August 7th. Finally, Oppenheimer initiated coverage on shares of Lyft in a report on Wednesday, June 17th. They issued an “outperform” rating on the stock. Thirteen research analysts have rated the stock with a Buy rating, twenty-four have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, Lyft currently has an average rating of “Hold” and a consensus target price of $19.69.

Lyft Stock Up 0.8%

Shares of NASDAQ:LYFT opened at $15.02 on Friday. The business has a 50-day moving average price of $16.28 and a 200 day moving average price of $14.69. The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 0.33. The company has a market capitalization of $5.69 billion, a price-to-earnings ratio of 2.18, a PEG ratio of 1.02 and a beta of 1.83. Lyft, Inc. has a 12-month low of $12.46 and a 12-month high of $25.54.

Lyft (NASDAQ:LYFT) last posted its earnings results on Thursday, August 6th. The ride-sharing company reported $0.13 EPS for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.01). The company had revenue of $1.84 billion during the quarter, compared to analyst estimates of $1.81 billion. Lyft had a net margin of 42.32% and a negative return on equity of 1.20%. The company’s quarterly revenue was up 16.1% compared to the same quarter last year. During the same period in the previous year, the company earned $0.10 EPS. Sell-side analysts expect that Lyft, Inc. will post 0.73 EPS for the current year.

Lyft Profile

Lyft, Inc is a transportation technology company that operates a digital platform connecting passengers with drivers. Its core service is app-based ridesharing, allowing users to request rides, receive estimated fares, track trips and pay electronically. Lyft also offers transportation options such as scheduled rides, airport services and premium ride categories.

In addition to ridesharing, Lyft provides access to bikes and scooters in select markets and offers transportation-management tools through Lyft Business.