GuruFocus - On May 29, 2024, Logan Green, Director at Lyft Inc (NASDAQ:LYFT), executed a sale of 10,475 shares of the company. According to the SEC Filing, the transaction occurred at an average price of $15.75 per share, totaling approximately $164,981.25. Following this transaction, the insider now owns 329,202 shares of Lyft Inc.
Lyft Inc operates as a ride-sharing company in the United States and Canada. The company offers a range of mobility services, including bikes and scooters, car rentals, and transit options, alongside its core ride-sharing platform.
Over the past year, the insider transaction history at Lyft Inc shows a trend with 33 insider sells and only 3 insider buys. The insider, Logan Green, has been particularly active, selling a total of 94,787 shares over the past year without purchasing any new shares.
Shares of Lyft Inc were trading at $15.75 on the day of the transaction, giving the company a market cap of approximately $6.30 billion. The stock is currently considered Fairly Valued with a price-to-GF Value ratio of 0.92, based on a GF Value of $17.19.
The GF Value is a proprietary measure used to determine the fair value of a stock, taking into account historical valuation multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, as well as an adjustment factor based on the company's past performance and expected future business results.
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.
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