The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Lyft Inc shares valued at $152,243 were sold by Green Logan on Feb 27 ’25. At $13.34 per share, Green Logan sold 11,411 shares. The insider’s holdings dropped to 297,640 shares worth approximately $3.59 million following the completion of this transaction.
Also, Beggs Jill sold 1,572 shares, netting a total of over 20,977 in proceeds. Following the sale of shares at $13.34 each, the insider now holds 22,039 shares.
Before that, Zimmer John Patrick had sold 2,424 shares from its account. In a trade valued at $30,339, the Director traded Lyft Inc shares for $12.52 each. Upon closing the transaction, the insider’s holdings decreased to 2,424 shares, worth approximately $11.0 million.
As published in their initiating research note from Oppenheimer on April 16, 2025, Lyft Inc [LYFT] has been an Outperform and the price target has been revised to $15. Analysts at BofA Securities downgraded the stock from ‘”a Buy”‘ to ‘”an Underperform”‘ outlook in a report released in early April. As of January 06, 2025, The Benchmark Company has increased its “Hold” rating to a “Buy” for LYFT. Earlier on October 25, 2024, The Benchmark Company initiated its rating. Their recommendation was “a Hold” for LYFT stock.
Analyzing LYFT Stock Performance
During the last five days, there has been a surge of approximately 11.25%. Over the course of the year, Lyft Inc shares have dropped approximately -6.51%. Shares of the company reached a 52-week high of $15.35 on 02/11/25 and a 52-week low of $9.66 on 04/07/25. A 50-day SMA is recorded $12.01, while a 200-day SMA reached $13.09.
Support And Resistance Levels for Lyft Inc (LYFT)
According to the 24-hour chart, there is a support level at 11.61, which, if violated, would cause prices to drop to 11.16. In the upper region, resistance lies at 12.30. The next price resistance is at 12.54. RSI (Relative Strength Index) is 55.79 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.52, which suggests the price will decrease in the coming days. Percent R is at 1.23%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
