SG Americas Securities LLC Reduces Stock Position in Lyft, Inc. $LYFT

Posted by Alphonse Anthony on Jun 29th, 2026

SG Americas Securities LLC reduced its holdings in shares of Lyft, Inc. (NASDAQ:LYFT – Free Report) by 27.7% in the 1st quarter, HoldingsChannel reports. The fund owned 429,634 shares of the ride-sharing company’s stock after selling 164,388 shares during the quarter. SG Americas Securities LLC’s holdings in Lyft were worth $5,714,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. University of Texas Texas AM Investment Management Co. acquired a new position in Lyft in the fourth quarter valued at approximately $26,000. International Assets Investment Management LLC purchased a new stake in shares of Lyft during the 4th quarter worth approximately $40,000. Huntington National Bank boosted its holdings 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 valued at $42,000 after buying an additional 1,374 shares in the last quarter. CI Investments Inc. boosted its holdings in shares of Lyft by 39.1% in the 3rd quarter. CI Investments Inc. now owns 2,321 shares of the ride-sharing company’s stock valued at $51,000 after buying an additional 653 shares in the last quarter. Finally, Smartleaf Asset Management LLC grew its position in shares of Lyft by 763.2% in the 4th quarter. Smartleaf Asset Management LLC now owns 3,073 shares of the ride-sharing company’s stock valued at $59,000 after buying an additional 2,717 shares during the last quarter. Institutional investors and hedge funds own 83.07% of the company’s stock.

Lyft Stock Performance

NASDAQ LYFT opened at $14.27 on Monday. The firm’s fifty day moving average is $14.02 and its two-hundred day moving average is $15.36. Lyft, Inc. has a one year low of $12.46 and a one year high of $25.54. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.58 and a current ratio of 0.58. The firm has a market cap of $5.42 billion, a PE ratio of 2.08, a P/E/G ratio of 0.85 and a beta of 1.82.

Lyft (NASDAQ:LYFT – Get Free Report) last announced 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 business had revenue of $1.65 billion for the quarter, compared to analyst estimates of $1.63 billion. During the same quarter last year, the company posted $0.01 EPS. Lyft’s quarterly revenue was up 17.2% on a year-over-year basis. Analysts expect that Lyft, Inc. will post 0.69 earnings per share for the current year.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the stock. Canaccord Genuity Group reduced their price target on shares of Lyft from $16.00 to $15.00 and set a “hold” rating for the company in a research report on Friday, May 8th. Morgan Stanley raised Lyft from an “equal weight” rating to an “overweight” rating in a report on Wednesday, June 17th. Mizuho reduced their target price on Lyft from $16.00 to $15.00 and set a “neutral” rating for the company in a report on Tuesday, March 3rd. JPMorgan Chase & Co. upped their target price on Lyft from $17.00 to $18.00 and gave the company a “neutral” rating in a research report on Friday, May 8th. Finally, Tigress Financial restated a “buy” rating and set a $28.00 price target on shares of Lyft in a research note on Wednesday, June 24th. Thirteen equities research analysts have rated the stock with a Buy rating, twenty-one have issued a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $19.40.

Get Our Latest Stock Report on Lyft

Lyft News Roundup

Here are the key news stories impacting Lyft this week:

Positive Sentiment: Lyft benefited from a broader rally in digital-platform stocks after strong Prime Day sales data and lower Treasury yields improved investor sentiment. Why Is Lyft (LYFT) Stock Rocketing Higher Today
Positive Sentiment: Lyft introduced new multi-sensor safety standards for autonomous vehicles, which could strengthen its positioning with regulators and AV partners over the long term. Lyft (LYFT) Sets New Multi Sensor Safety Rules For Autonomous Vehicles
Positive Sentiment: A Boston pilot program allowing taxi drivers to accept Lyft ride requests could modestly expand supply and improve service availability in that market. Boston taxi drivers can now accept Uber, Lyft ride requests under terms of new pilot program, city says
Neutral Sentiment: Unusual options activity showed elevated put buying in Lyft, suggesting some traders are hedging or betting on downside.
Neutral Sentiment: Reports about Lyft being under congressional pressure over alleged AI price gouging could create headline risk, but the direct financial impact is still unclear. Rideshare giants Lyft and Uber facing congressional pressure over alleged AI price gouging
Negative Sentiment: Recent market coverage noted Lyft underperformed the broader market in the last session, reflecting continued investor caution around the shares. Lyft (LYFT) Suffers a Larger Drop Than the General Market: Key Insights

Insider Buying and Selling

In other Lyft news, CAO Stephen W. Hope sold 5,460 shares of the stock in a transaction that occurred on Wednesday, May 27th. The stock was sold at an average price of $13.76, for a total transaction of $75,129.60. Following the completion of the sale, the chief accounting officer directly owned 335,463 shares of the company’s stock, valued at approximately $4,615,970.88. This trade represents a 1.60% decrease in their position. The transaction was disclosed in a legal filing 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. Also, Director Jill Beggs sold 2,093 shares of Lyft stock in a transaction that occurred 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 completion of the transaction, the director owned 30,092 shares in the company, valued at $414,065.92. This trade represents a 6.50% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 69,196 shares of company stock valued at $992,371 in the last quarter. 0.92% of the stock is currently owned by insiders.

About Lyft

(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.