John David Risher, an insider at Lyft Inc (LYFT), purchased 11,802,296 shares of the company on December 9, 2025, at a price of $19.80 per share, totaling $233.74 million. Following this transaction, Risher holds the same number of shares in Lyft.
Lyft, headquartered in San Francisco, California, operates in the Road & Rail industry and employs 2,934 full-time staff. The company, which went public on March 29, 2019, provides an online rideshare platform across 11 countries and nearly 1,000 cities. Lyft Urban Solutions also supports bike-sharing initiatives in 16 countries and over 86 cities.
The company's market capitalization stands at $8.1 billion, with a price-to-earnings (P/E) ratio of 53.85 and earnings per share (EPS) of 0.36. Upcoming earnings reports are scheduled for May 6, 2026, with an estimated EPS of $0.07 and revenue of $1.7 billion, followed by another report on August 4, 2026, with an estimated EPS of $0.14 and revenue of $1.9 billion.
Insider transactions like Risher's are reported to the SEC, providing transparency regarding executive confidence in their company. However, these transactions should be considered alongside broader market indicators and not in isolation.