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 $3.24 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 $9.93 million.
BofA Securities downgraded its Lyft Inc [LYFT] rating to an Underperform from a a Buy in a research note published recently. A number of analysts have revised their coverage, including The Benchmark Company’s analysts, who increased its forecast for the stock in early January from “a Hold” to “a Buy”. The Benchmark Company began covering LYFT with “Hold” recommendation on October 25, 2024.
Price Performance Review of LYFT
On Tuesday, Lyft Inc [NASDAQ:LYFT] saw its stock jump 0.09% to $10.89. Over the last five days, the stock has gained 9.23%. Lyft Inc shares have fallen nearly -15.58% since the year began. Nevertheless, the stocks have fallen -41.95% over the past one year. While a 52-week high of $19.34 was reached on 02/11/25, a 52-week low of $8.93 was recorded on 04/07/25. SMA at 50 days reached $12.36, while 200 days put it at $13.16.
Levels Of Support And Resistance For LYFT Stock
The 24-hour chart illustrates a support level at 10.77, which if violated will result in even more drops to 10.64. On the upside, there is a resistance level at 11.01. A further resistance level may holdings at 11.13. The Relative Strength Index (RSI) on the 14-day chart is 43.25, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.39, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 63.17%. 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 2025-03-31, dropping by -1.69 million shares to a total of 41.56 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 43.25 million shares. There was a decline of -4.07%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on September 05, 2024 when Cantor Fitzgerald began covering the stock and recommended ‘”a Neutral”‘ rating along with a $13 price target.
