<div id="readability-page-1"><p>Marshall Wace LLP grew its stake in  Lyft, Inc. (NASDAQ:LYFT - Free Report) by 274.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor  owned 2,959,267 shares of the ride-sharing company's stock after purchasing an additional 2,169,255 shares during the period. Marshall Wace LLP owned about 0.71% of Lyft worth $38,175,000 at the end of the most recent quarter.</p><ul><li>Why Uber’s Stock Could Soar on AV Growth and Tariff Resilience</li></ul><p>A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Van ECK Associates Corp boosted its holdings in  Lyft by 14.0% during the fourth quarter. Van ECK Associates Corp now owns 398,880 shares of the ride-sharing company's stock worth $5,146,000 after buying an additional 49,138 shares in the last quarter.  Pacer Advisors Inc. boosted its stake in shares of  Lyft by 32.4% during the 4th quarter. Pacer Advisors Inc. now owns 9,408,466 shares of the ride-sharing company's stock worth $121,369,000 after acquiring an additional 2,302,248 shares in the last quarter.  Paragon Capital Management Inc. purchased a new stake in shares of  Lyft during the 4th quarter worth about $1,681,000.  Renaissance Technologies LLC grew its position in shares of  Lyft by 282.0% during the 4th quarter. Renaissance Technologies LLC now owns 8,623,227 shares of the ride-sharing company's stock valued at $111,240,000 after acquiring an additional 6,365,727 shares during the period.  Finally, KBC Group NV increased its stake in shares of  Lyft by 354.9% in the 4th quarter. KBC Group NV now owns 266,185 shares of the ride-sharing company's stock valued at $3,434,000 after purchasing an additional 207,672 shares in the last quarter. Institutional investors and hedge funds own  83.07% of the company's stock. </p><h2>Insider Buying and Selling</h2><p>In other Lyft news, Director John Patrick Zimmer sold 2,424 shares of Lyft stock in a transaction that occurred on Tuesday, February 25th. The stock was sold at an average price of $12.52, for a total transaction of $30,348.48. Following the transaction, the director now owns 911,922 shares of the company's stock, valued at $11,417,263.44. The trade was a 0.27 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Logan Green sold 11,411 shares of the stock in a transaction that occurred on Thursday, February 27th. The shares were sold at an average price of $13.34, for a total value of $152,222.74. Following the completion of the sale, the director now directly owns 297,640 shares of the company's stock, valued at $3,970,517.60. The trade was a 3.69 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 15,407 shares of company stock worth $203,778 in the last ninety days. 3.07% of the stock is owned by corporate insiders. </p><h2>Lyft Stock Up 3.0 %</h2><ul><li>Robotaxi News: What Tesla and Lyft Headlines Mean for Shares</li></ul><p>Shares of NASDAQ LYFT opened at $11.16 on Friday. The business has a 50-day moving average of $12.02 and a two-hundred day moving average of $13.65. The company has a market capitalization of $4.66 billion, a price-to-earnings ratio of 186.00, a price-to-earnings-growth ratio of 1.90 and a beta of 2.13. Lyft, Inc. has a 1 year low of $8.93 and a 1 year high of $19.07. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.76 and a quick ratio of 0.75. </p><p>Lyft (NASDAQ:LYFT - Get Free Report) last announced its quarterly earnings results on Tuesday, February 11th. The ride-sharing company reported $0.10 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.20 by ($0.10). Lyft had a net margin of 0.39% and a return on equity of 8.03%.  On average, analysts forecast that  Lyft, Inc. will post 0.22 earnings per share for the current fiscal year. </p><ul><li>3 Companies Buying Back Stock – Why They’re Doubling Down</li></ul><p>Lyft announced that its Board of Directors has authorized a stock repurchase program on Tuesday, February 11th that allows the company to buyback $500.00 million in    shares. This buyback authorization allows the ride-sharing company to buy up to 8.4% of its stock  through open market purchases. Stock  buyback programs are usually a sign that the company's board believes its shares are undervalued. </p><h2>Analyst Upgrades and Downgrades</h2><p>LYFT has been the topic of several research analyst reports. Truist Financial dropped their price objective on Lyft from $20.00 to $17.00 and set a &#34;hold&#34; rating on the stock in a report on Wednesday, February 12th. Royal Bank of Canada  reissued an &#34;outperform&#34; rating and issued a $21.00 price target on shares of Lyft in a report on Monday, March 17th. UBS Group decreased their price objective on shares of Lyft from $16.00 to $15.00 and set a &#34;neutral&#34; rating on the stock in a report on Wednesday, February 12th. Oppenheimer assumed coverage on shares of Lyft in a research note on Wednesday. They set an &#34;outperform&#34; rating and a $15.00 target price for the company. Finally, Wells Fargo &amp; Company decreased their price target on shares of Lyft from $14.00 to $13.00 and set an &#34;equal weight&#34; rating on the stock in a research note on Thursday, April 3rd. One equities research analyst  has rated the stock with a sell rating, twenty-seven have issued  a hold rating, ten have assigned  a buy rating and one  has assigned  a strong buy rating to the stock. According to data from MarketBeat.com, the stock  has an average rating of &#34;Hold&#34; and a consensus price target of $16.45.</p><p><b>Read Our Latest Stock Report on Lyft</b></p><h2>Lyft Company Profile</h2> (Free Report)<p>Lyft, Inc operates a peer-to-peer marketplace for on-demand ridesharing in the United States and Canada. It operates multimodal transportation networks that offer access to various transportation options through the Lyft platform and mobile-based applications. The company's platform provides a ridesharing marketplace, which connects drivers with riders; Express Drive, a car rental program for drivers; and a network of shared bikes and scooters in various cities to address the needs of riders for short trips.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than Lyft</li><li>Airline Stocks - Top Airline Stocks to Buy Now</li><li>3 Mid-Cap to Mega-Cap Stocks Have Announced Significant Buybacks</li><li>What is a Special Dividend?</li><li>These 3 Stocks Have Huge Last 12 Months Shareholder Yields</li><li>How to Capture the Benefits of Dividend Increases</li><li>Prominent Hedge Fund Acquires Huge Stake in HPE: Is It a Buy Now?</li></ul><p><strong>Want to see what other hedge funds are holding LYFT?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Lyft, Inc. (NASDAQ:LYFT - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9TFlGVA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9TFlGVA"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Lyft Right Now?</h2><p>Before you consider Lyft, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Lyft wasn't on the list.</p><p>While Lyft currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

LYFT

<p>Marshall Wace LLP increased its stake in Lyft, Inc. (NASDAQ:LYFT) by 274.6% in Q4, owning 2,959,267 shares valued at $38.18 million. Other institutional investors also raised their stakes, with Van ECK Associates boosting holdings by 14% and Renaissance Technologies by 282%. Insiders sold shares recently, with Lyft's stock opening at $11.16, down from a 1-year high of $19.07. The company reported a Q4 EPS of $0.10, missing estimates, and announced a $500 million stock repurchase program, indicating confidence in its valuation.</p>

Marshall Wace LLP Increases Stake in Lyft, Inc. (NASDAQ:LYFT)