Lyft Inc’s filing revealed that its Director Green Logan unloaded Company’s shares for reported $0.15 million on Feb 27 ’25. In the deal valued at $13.34 per share,11,411 shares were sold. As a result of this transaction, Green Logan now holds 297,640 shares worth roughly $3.4 million.
Then, Beggs Jill sold 1,572 shares, generating $20,977 in total proceeds. Upon selling the shares at $13.34, the Director now owns 22,039 shares.
Before that, Zimmer John Patrick sold 2,424 shares. Lyft Inc shares valued at $30,339 were divested by the Director at a price of $12.52 per share. As a result of the transaction, Zimmer John Patrick now holds 911,922 shares, worth roughly $10.42 million.
The Benchmark Company upgraded its Lyft Inc [LYFT] rating to a Buy from a a Hold in a research note published recently. A number of analysts have revised their coverage, including The Benchmark Company’s analysts, who began to cover the stock in late October with a ‘”a Hold”‘ rating. Cantor Fitzgerald started covering the stock on September 05, 2024. It rated LYFT as “a Neutral”.
Price Performance Review of LYFT
On Tuesday, Lyft Inc [NASDAQ:LYFT] saw its stock fall -0.44% to $11.43. Over the last five days, the stock has lost -7.90%. Lyft Inc shares have fallen nearly -11.40% since the year began. Nevertheless, the stocks have fallen -36.68% over the past one year. While a 52-week high of $20.82 was reached on 02/11/25, a 52-week low of $8.93 was recorded on 03/11/25. SMA at 50 days reached $13.36, while 200 days put it at $13.56.
Levels Of Support And Resistance For LYFT Stock
The 24-hour chart illustrates a support level at 11.12, which if violated will result in even more drops to 10.81. On the upside, there is a resistance level at 11.73. A further resistance level may holdings at 12.04. The Relative Strength Index (RSI) on the 14-day chart is 33.34, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.80, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 89.18%. Stochastics %K at 14.30% indicates the stock is a buying.
