Lyft, Inc. $LYFT Shares Purchased by Van Berkom & Associates Inc.

Posted by Brian Himes on Jul 20th, 2026

Van Berkom & Associates Inc. raised its position in Lyft, Inc. (NASDAQ:LYFT – Free Report) by 54.6% in the 1st quarter, Holdings Channel reports. The fund owned 121,217 shares of the ride-sharing company’s stock after purchasing an additional 42,800 shares during the period. Van Berkom & Associates Inc.’s holdings in Lyft were worth $1,612,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Brown Brothers Harriman & Co. lifted its position in shares of Lyft by 23.2% during the third quarter. Brown Brothers Harriman & Co. now owns 3,399 shares of the ride-sharing company’s stock worth $75,000 after purchasing an additional 639 shares in the last quarter. PNC Financial Services Group Inc. grew its holdings in Lyft by 5.6% during the 4th quarter. PNC Financial Services Group Inc. now owns 12,808 shares of the ride-sharing company’s stock valued at $248,000 after purchasing an additional 681 shares in the last quarter. Allegiance Financial Group Advisory Services LLC grew its holdings in Lyft by 4.3% during the 4th quarter. Allegiance Financial Group Advisory Services LLC now owns 18,153 shares of the ride-sharing company’s stock valued at $352,000 after purchasing an additional 756 shares in the last quarter. Public Employees Retirement System of Ohio grew its holdings in Lyft by 0.5% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 167,399 shares of the ride-sharing company’s stock valued at $3,684,000 after purchasing an additional 771 shares in the last quarter. Finally, GAMMA Investing LLC increased its stake in Lyft by 34.7% during the 4th quarter. GAMMA Investing LLC now owns 3,279 shares of the ride-sharing company’s stock worth $64,000 after buying an additional 845 shares during the period. Hedge funds and other institutional investors own 83.07% of the company’s stock.

Wall Street Analysts Forecast Growth

LYFT has been the topic of a number of recent analyst reports. Tigress Financial reiterated a “buy” rating and issued a $28.00 price objective on shares of Lyft in a report on Wednesday, June 24th. Royal Bank Of Canada lowered their target price on Lyft from $22.00 to $18.00 and set an “outperform” rating for the company in a research note on Friday, May 8th. Canaccord Genuity Group dropped their target price on Lyft from $16.00 to $15.00 and set a “hold” rating on the stock in a research report on Friday, May 8th. Oppenheimer assumed coverage on Lyft in a research report on Wednesday, June 17th. They set an “outperform” rating on the stock. Finally, William Blair cut Lyft to a “market perform” rating in a research note on Wednesday, June 17th. Thirteen analysts have rated the stock with a Buy rating, twenty have given a Hold rating and four have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $19.40.

Get Our Latest Research Report on Lyft

Lyft Stock Performance

NASDAQ:LYFT opened at $15.52 on Monday. Lyft, Inc. has a 12-month low of $12.46 and a 12-month high of $25.54. The firm has a market capitalization of $5.89 billion, a P/E ratio of 2.27, a P/E/G ratio of 0.92 and a beta of 1.80. The company has a debt-to-equity ratio of 0.33, a current ratio of 0.58 and a quick ratio of 0.58. The business has a 50 day simple moving average of $14.34 and a 200 day simple moving average of $14.90.

Lyft (NASDAQ:LYFT – Get Free Report) last issued its earnings results on Thursday, May 7th. The ride-sharing company reported $0.04 earnings per share 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 analyst estimates of $1.63 billion. Lyft had a negative return on equity of 2.09% and a net margin of 43.82%.Lyft’s quarterly revenue was up 17.2% on a year-over-year basis. During the same period in the prior year, the business earned $0.01 earnings per share. Equities research analysts predict that Lyft, Inc. will post 0.69 EPS for the current year.

Insider Activity

In other news, Director Jill Beggs sold 2,093 shares of the company’s stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $13.76, for a total transaction of $28,799.68. Following the completion of the transaction, the director owned 30,092 shares in the company, valued at approximately $414,065.92. This represents a 6.50% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Erin Brewer sold 15,000 shares of the stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $13.59, for a total transaction of $203,850.00. Following the completion of the sale, the chief financial officer directly owned 705,979 shares in the company, valued at approximately $9,594,254.61. This trade represents a 2.08% 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 sold 45,535 shares of company stock worth $637,456. 0.92% of the stock is owned by insiders.

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.