Junto Capital Management LP Takes $36.93 Million Position in Lyft, Inc. $LYFT

Posted by Stanley Muller on Sep 10th, 2026

Junto Capital Management LP bought a new stake in Lyft, Inc. (NASDAQ:LYFT – Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 2,527,463 shares of the ride-sharing company’s stock, valued at approximately $36,926,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. University of Texas Texas AM Investment Management Co. acquired a new position in shares of Lyft in the 4th quarter worth approximately $26,000. Plato Investment Management Ltd acquired a new stake in Lyft in the 2nd quarter valued at $27,000. Boreal Capital Management LLC acquired a new stake in Lyft in the 1st quarter valued at $31,000. Bessemer Group Inc. grew its position in Lyft by 1,851.9% in the first quarter. Bessemer Group Inc. now owns 2,635 shares of the ride-sharing company’s stock valued at $35,000 after acquiring an additional 2,500 shares during the period. Finally, International Assets Investment Management LLC bought a new stake in Lyft in the fourth quarter valued at $40,000. Institutional investors own 83.07% of the company’s stock.

Lyft Price Performance

Lyft stock opened at $14.90 on Thursday. The business’s fifty day moving average is $16.29 and its two-hundred day moving average is $14.68. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.59 and a current ratio of 0.59. The firm has a market cap of $5.64 billion, a P/E ratio of 2.17, a P/E/G ratio of 1.11 and a beta of 1.83. 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 announced its earnings results on Thursday, August 6th. The ride-sharing company reported $0.13 earnings per share for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.01). Lyft had a net margin of 42.32% and a negative return on equity of 1.20%. The business had revenue of $1.84 billion during the quarter, compared to analyst estimates of $1.81 billion. During the same quarter last year, the business posted $0.10 earnings per share. The business’s quarterly revenue was up 16.1% compared to the same quarter last year. Equities research analysts forecast that Lyft, Inc. will post 0.73 earnings per share for the current fiscal year.

Key Stories Impacting Lyft

Here are the key news stories impacting Lyft this week:

Positive Sentiment: Waymo partnership expands Lyft’s autonomous-vehicle strategy. Waymo robotaxi rides are now available through the Lyft app in Nashville, allowing riders to access autonomous vehicles on both platforms. The arrangement could increase Lyft’s relevance as robotaxis scale while potentially reducing reliance on traditional driver-supplied capacity. Waymo Rides Now Available on the Lyft App in Nashville
Positive Sentiment: Lyft reaffirmed its third-quarter 2026 guidance. The company maintained its expectations for gross bookings, adjusted EBITDA and adjusted EBITDA margin, indicating that the CFO change was not accompanied by a reduction in its financial outlook. Michael Brous, an internal executive with nearly eight years at Lyft, will become CFO on September 28. Lyft Names New CFO, Reaffirms Q3 2026 Guidance
Neutral Sentiment: Analyst coverage adds a new comparison point. Scotiabank initiated coverage of Lyft, Uber and DoorDash, putting Lyft’s valuation and growth prospects in a broader sector context. The available report does not specify enough detail about the firm’s Lyft rating to determine a clear directional impact. Uber, DoorDash, or Lyft: Which Company Is Scotiabank Analyst Favoring?
Negative Sentiment: The CFO transition heightened investor uncertainty. Current CFO Erin Brewer is retiring from the role later this month and will remain an adviser through December 15. Although Brous is an internal successor, the change in a key finance position appears to have overshadowed the reaffirmed outlook. Lyft insider to take CFO seat amid robotaxi push
Negative Sentiment: Insider selling may be adding to caution. Recent filings indicate multiple executives sold shares, including Lindsay Llewellyn and Erin Brewer. The reported insider activity consisted of sales rather than open-market purchases, which can weigh on sentiment even when transactions occur under scheduled trading plans. Lyft Executive Lindsay Llewellyn Sells Shares

Insider Activity

In other Lyft news, insider Lindsay Llewellyn sold 13,204 shares of the business’s stock in a transaction dated Tuesday, September 1st. The shares were sold at an average price of $16.64, for a total value of $219,714.56. Following the completion of the transaction, the insider directly owned 781,152 shares of the company’s stock, valued at approximately $12,998,369.28. The trade was a 1.66% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Stephen W. Hope sold 5,982 shares of the company’s stock in a transaction that occurred on Thursday, August 27th. The stock was sold at an average price of $17.34, for a total transaction of $103,727.88. Following the transaction, the chief accounting officer owned 299,974 shares in the company, valued at $5,201,549.16. The trade was a 1.96% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 112,020 shares of company stock worth $1,834,809. 0.92% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

LYFT has been the subject of several recent analyst reports. Zacks Research upgraded Lyft from a “strong sell” rating to a “hold” rating in a research note on Wednesday, August 5th. Sanford C. Bernstein initiated coverage on shares of Lyft in a report on Wednesday, June 17th. They issued an “underperform” rating on the stock. Wells Fargo & Company upped their target price on shares of Lyft from $18.00 to $19.00 and gave the stock an “equal weight” rating in a report on Friday, August 7th. Oppenheimer assumed coverage on shares of Lyft in a research report on Wednesday, June 17th. They set an “outperform” rating for the company. Finally, Rothschild & Co Redburn upgraded shares of Lyft from a “neutral” rating to a “buy” rating and set a $22.00 price target on the stock in a research report on Wednesday, June 17th. Thirteen equities research analysts have rated the stock with a Buy rating, twenty-four have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $19.69.

Check Out Our Latest Report on Lyft

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.