Jill Beggs Sells 2,093 Shares of Lyft (NASDAQ:LYFT) Stock

Posted by Stanley Muller on May 31st, 2026

Lyft, Inc. (NASDAQ:LYFT – Get Free Report) Director Jill Beggs sold 2,093 shares of the stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $13.76, for a total value of $28,799.68. Following the completion of the sale, the director directly owned 30,092 shares in the company, valued at $414,065.92. This represents a 6.50% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Lyft Price Performance

Shares of NASDAQ LYFT opened at $14.11 on Friday. Lyft, Inc. has a 1-year low of $12.46 and a 1-year high of $25.54. 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’s fifty day moving average price is $13.74 and its two-hundred day moving average price is $16.49. The firm has a market capitalization of $5.36 billion, a PE ratio of 2.06, a P/E/G ratio of 0.88 and a beta of 1.84.

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). Lyft had a negative return on equity of 2.09% and a net margin of 43.82%.The company had revenue of $1.65 billion during the quarter, compared to analyst estimates of $1.63 billion. During the same period in the prior year, the business earned $0.01 earnings per share. Lyft’s quarterly revenue was up 17.2% on a year-over-year basis. On average, research analysts expect that Lyft, Inc. will post 0.66 EPS for the current year.

Lyft announced that its Board of Directors has authorized a stock buyback program on Tuesday, February 10th that authorizes the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization authorizes the ride-sharing company to repurchase up to 15.1% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company’s board of directors believes its shares are undervalued.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on LYFT shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Lyft in a research report on Wednesday, May 6th. JPMorgan Chase & Co. raised their price target on Lyft from $17.00 to $18.00 and gave the company a “neutral” rating in a report on Friday, May 8th. Mizuho lowered their price target on Lyft from $16.00 to $15.00 and set a “neutral” rating on the stock in a report on Tuesday, March 3rd. Guggenheim lowered their price target on Lyft from $26.00 to $22.00 and set a “buy” rating on the stock in a report on Wednesday, February 11th. Finally, Evercore set a $21.00 price target on Lyft in a report on Wednesday, February 11th. Eight analysts have rated the stock with a Buy rating, twenty-three have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $18.83.

Get Our Latest Analysis on LYFT

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. University of Texas Texas AM Investment Management Co. acquired a new position in shares of Lyft during the fourth quarter valued at $26,000. International Assets Investment Management LLC acquired a new position in shares of Lyft during the fourth quarter valued at $40,000. Huntington National Bank increased its holdings in shares of Lyft by 171.8% during the fourth quarter. Huntington National Bank now owns 2,174 shares of the ride-sharing company’s stock valued at $42,000 after purchasing an additional 1,374 shares during the period. Abich Financial Wealth Management LLC acquired a new position in Lyft during the third quarter worth about $50,000. Finally, Boreal Capital Management LLC acquired a new position in Lyft during the first quarter worth about $31,000. 83.07% of the stock is owned by institutional investors and hedge funds.

About Lyft

(Get 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.