On November 25, 2024, John Zimmer, Director at Lyft Inc (LYFT, Financial), sold 2,424 shares of the company, according to a SEC Filing. Following this transaction, the insider now owns 920,817 shares of the company.
Lyft Inc (LYFT) is a transportation network company that offers ride-hailing services, allowing users to book rides through its mobile app. The company operates in the United States and Canada, providing a platform that connects drivers with passengers.
Over the past year, John Zimmer has sold a total of 504,064 shares and has not purchased any shares. The insider transaction history for Lyft Inc shows that there have been 2 insider buys and 36 insider sells over the same timeframe.
On the day of the recent sale, shares of Lyft Inc were trading at $17.69, giving the stock a market cap of $7.3 billion. With a price of $17.69 and a GuruFocus Value of $15.96, Lyft Inc has a price-to-GF-Value ratio of 1.11, indicating that the stock is fairly valued based on its GF Value.
The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow that the stock has traded at. It also includes a GuruFocus adjustment factor based on the company’s past returns and growth, as well as future estimates of business performance from Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
