Tredje AP fonden Invests $3.87 Million in Lyft, Inc. $LYFT

Posted by George Bondi on May 20th, 2026

Tredje AP fonden acquired a new stake in shares of Lyft, Inc. (NASDAQ:LYFT – Free Report) during the fourth quarter, HoldingsChannel.com reports. The fund acquired 200,000 shares of the ride-sharing company’s stock, valued at approximately $3,874,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. HighTower Advisors LLC grew its holdings in Lyft by 162.2% during the fourth quarter. HighTower Advisors LLC now owns 48,981 shares of the ride-sharing company’s stock valued at $949,000 after purchasing an additional 127,700 shares during the last quarter. North Dakota State Investment Board bought a new stake in shares of Lyft during the 4th quarter worth $271,000. AlphaCore Capital LLC acquired a new position in Lyft in the 4th quarter valued at $631,000. Pinnacle Associates Ltd. grew its stake in Lyft by 10.9% in the 4th quarter. Pinnacle Associates Ltd. now owns 63,077 shares of the ride-sharing company’s stock valued at $1,222,000 after buying an additional 6,196 shares during the last quarter. Finally, Allworth Financial LP raised its holdings in Lyft by 11.9% in the 4th quarter. Allworth Financial LP now owns 29,263 shares of the ride-sharing company’s stock worth $567,000 after acquiring an additional 3,101 shares during the period. 83.07% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on LYFT shares. Zacks Research lowered shares of Lyft from a “hold” rating to a “strong sell” rating in a research report on Monday, April 13th. Oppenheimer set a $20.00 price objective on Lyft in a research report on Friday, May 8th. Evercore set a $21.00 target price on Lyft in a research note on Wednesday, February 11th. Needham & Company LLC reaffirmed a “hold” rating on shares of Lyft in a report on Wednesday, February 11th. Finally, Canaccord Genuity Group dropped their price target on Lyft from $16.00 to $15.00 and set a “hold” rating on the stock in a research report on Friday, May 8th. Nine investment analysts have rated the stock with a Buy rating, twenty-two have given a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $19.13.

Get Our Latest Report on LYFT

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?

Insiders Place Their Bets

In related news, CAO Stephen W. Hope sold 5,284 shares of the company’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 completion of the transaction, the chief accounting officer directly owned 300,570 shares in the company, valued at approximately $4,156,883.10. This represents a 1.73% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Jill Beggs sold 2,093 shares of Lyft stock in a transaction 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 owned 32,185 shares in the company, valued at $447,049.65. This represents a 6.11% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 54,699 shares of company stock worth $771,756. 0.92% of the stock is currently owned by company insiders.

Lyft Stock Performance

NASDAQ:LYFT opened at $13.18 on Wednesday. The firm’s 50-day moving average is $13.69 and its 200-day moving average is $16.85. The company 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 debt-to-equity ratio of 0.33, a quick ratio of 0.58 and a current ratio of 0.58. Lyft, Inc. has a 52-week low of $12.46 and a 52-week high of $25.54.

Lyft (NASDAQ:LYFT – Get Free Report) last released its earnings results on Thursday, May 7th. The ride-sharing company reported $0.04 earnings per share for the quarter, missing analysts’ consensus estimates of $0.30 by ($0.26). Lyft had a negative return on equity of 2.09% and a net margin of 43.82%.The firm had revenue of $1.65 billion for the quarter, compared to analyst estimates of $1.63 billion. During the same period last year, the business earned $0.01 earnings per share. The firm’s quarterly revenue was up 17.2% compared to the same quarter last year. Equities research analysts anticipate that Lyft, Inc. will post 0.66 earnings per share for the current year.

Lyft announced that its Board of Directors has authorized a stock repurchase plan 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 repurchase up to 15.1% of its stock through open market purchases. Stock buyback plans are generally an indication that the company’s board believes its shares are undervalued.

Lyft Profile

(Free Report)

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.