Financiere des Professionnels Fonds d investissement inc. Purchases 39,401 Shares of Lyft, Inc. $LYFT

Posted by Geri Gentry on Jul 18th, 2026

Financiere des Professionnels Fonds d investissement inc. grew its position in shares of Lyft, Inc. (NASDAQ:LYFT – Free Report) by 93.7% in the first quarter, according to its most recent filing with the SEC. The fund owned 81,433 shares of the ride-sharing company’s stock after acquiring an additional 39,401 shares during the quarter. Financiere des Professionnels Fonds d investissement inc.’s holdings in Lyft were worth $1,083,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of LYFT. University of Texas Texas AM Investment Management Co. bought a new stake in Lyft in the fourth quarter worth $26,000. Bessemer Group Inc. lifted its position in Lyft by 1,851.9% during 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 during the last quarter. International Assets Investment Management LLC bought a new position in Lyft during the fourth quarter valued at $40,000. Huntington National Bank grew its stake in shares of Lyft by 171.8% in the 4th quarter. Huntington National Bank now owns 2,174 shares of the ride-sharing company’s stock worth $42,000 after buying an additional 1,374 shares in the last quarter. Finally, Ascentis Independent Advisors purchased a new position in shares of Lyft in the 1st quarter worth $43,000. 83.07% of the stock is owned by hedge funds and other institutional investors.

Lyft Trading Down 2.9%

LYFT stock opened at $15.52 on Friday. Lyft, Inc. has a twelve month low of $12.46 and a twelve month high of $25.54. The stock has a market capitalization of $5.89 billion, a price-to-earnings ratio of 2.27, a price-to-earnings-growth ratio of 0.95 and a beta of 1.80. The company has a quick ratio of 0.58, a current ratio of 0.58 and a debt-to-equity ratio of 0.33. The firm’s fifty day simple moving average is $14.34 and its two-hundred day simple moving average is $14.93.

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 (EPS) for the quarter, missing the consensus estimate 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 during the quarter, compared to the consensus estimate of $1.63 billion. During the same quarter last year, the business posted $0.01 EPS. Lyft’s revenue was up 17.2% compared to the same quarter last year. As a group, analysts anticipate that Lyft, Inc. will post 0.69 earnings per share for the current year.

Wall Street Analyst Weigh In

LYFT has been the topic of several recent research reports. Canaccord Genuity Group decreased their target price on shares of Lyft from $16.00 to $15.00 and set a “hold” rating on the stock in a research report on Friday, May 8th. JPMorgan Chase & Co. lifted their price target on Lyft from $17.00 to $18.00 and gave the stock a “neutral” rating in a research report on Friday, May 8th. William Blair cut Lyft to a “market perform” rating in a research note on Wednesday, June 17th. Tigress Financial restated a “buy” rating and set a $28.00 price objective on shares of Lyft in a research report on Wednesday, June 24th. Finally, DA Davidson decreased their price objective on Lyft from $19.00 to $14.50 and set a “neutral” rating on the stock in a research report on Monday, May 18th. Thirteen research analysts have rated the stock with a Buy rating, twenty have given a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $19.40.

Get Our Latest Stock Analysis on Lyft

Insiders Place Their Bets

In other news, insider Lindsay Catherine Llewellyn sold 11,491 shares of the stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $15.00, for a total value of $172,365.00. Following the sale, the insider directly owned 853,731 shares in the company, valued at approximately $12,805,965. This represents a 1.33% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Jill Beggs sold 2,093 shares of the business’s stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $13.76, for a total value of $28,799.68. Following the transaction, the director owned 30,092 shares of the company’s stock, valued at approximately $414,065.92. The trade was a 6.50% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 45,535 shares of company stock valued at $637,456. Corporate insiders own 0.92% of the company’s stock.

Lyft Company 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.