Lyft Inc’s recently made public 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 $3.64 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 $11.15 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 jump 3.03% to $12.23. Over the last five days, the stock has lost -2.08%. Lyft Inc shares have fallen nearly -5.19% since the year began. Nevertheless, the stocks have fallen -36.80% over the past one year. While a 52-week high of $19.64 was reached on 02/11/25, a 52-week low of $8.93 was recorded on 03/31/25. SMA at 50 days reached $12.88, while 200 days put it at $13.29.
Levels Of Support And Resistance For LYFT Stock
The 24-hour chart illustrates a support level at 11.90, which if violated will result in even more drops to 11.57. On the upside, there is a resistance level at 12.41. A further resistance level may holdings at 12.59. The Relative Strength Index (RSI) on the 14-day chart is 49.47, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.04, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 46.30%. Stochastics %K at 37.35% indicates the stock is a holding.
How much short interest is there in Lyft Inc?
A steep rise in short interest was recorded in Lyft Inc stocks on 2025-03-14, dropping by -9.18 million shares to a total of 40.19 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 49.37 million shares. There was a decline of -22.85%, which implies that there is a negative sentiment for the stock.