Maya Prosor Sells 223 Shares of Lemonade (NYSE:LMND) Stock

Lemonade, Inc. (NYSE:LMND) insider Maya Prosor sold 223 shares of Lemonade stock in a transaction that occurred on Tuesday, March 3rd. The stock was sold at an average price of $50.12, for a total transaction of $11,176.76. Following the completion of the transaction, the insider owned 7,404 shares in the company, valued at approximately $371,088.48. This trade represents a 2.92% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

Lemonade Stock Performance

Shares of NYSE:LMND opened at $55.23 on Friday. The company has a market capitalization of $4.22 billion, a PE ratio of -24.44 and a beta of 2.12. The stock has a fifty day moving average of $72.19 and a 200-day moving average of $66.17. Lemonade, Inc. has a one year low of $24.31 and a one year high of $99.90.

Lemonade (NYSE:LMND) last issued its earnings results on Wednesday, February 18th. The company reported ($0.29) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.41) by $0.12. Lemonade had a negative return on equity of 31.19% and a negative net margin of 22.43%.The firm’s revenue was up 53.3% on a year-over-year basis. During the same period in the previous year, the business posted ($0.42) EPS. As a group, research analysts forecast that Lemonade, Inc. will post -3.03 EPS for the current fiscal year.

Institutional Investors Weigh In On Lemonade

Institutional investors have recently bought and sold shares of the business. TD Waterhouse Canada Inc. lifted its position in shares of Lemonade by 3.4% in the fourth quarter. TD Waterhouse Canada Inc. now owns 3,671 shares of the company’s stock worth $261,000 after purchasing an additional 121 shares in the last quarter. Watershed Private Wealth LLC boosted its holdings in shares of Lemonade by 1.7% during the fourth quarter. Watershed Private Wealth LLC now owns 8,310 shares of the company’s stock worth $592,000 after purchasing an additional 140 shares during the period. AQR Capital Management LLC grew its position in Lemonade by 0.7% during the fourth quarter. AQR Capital Management LLC now owns 21,569 shares of the company’s stock valued at $1,535,000 after purchasing an additional 159 shares in the last quarter. Titleist Asset Management LLC increased its stake in Lemonade by 4.1% in the 3rd quarter. Titleist Asset Management LLC now owns 4,832 shares of the company’s stock valued at $259,000 after buying an additional 189 shares during the period. Finally, Wealth Enhancement Advisory Services LLC increased its stake in Lemonade by 2.7% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 8,431 shares of the company’s stock valued at $600,000 after buying an additional 219 shares during the period. 80.30% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Lemonade

Here are the key news stories impacting Lemonade this week:

• Positive Sentiment: Analyst and independent bullish write-ups highlight Lemonade’s AI-driven underwriting, accelerating in?force premiums and scalable growth pathway as reasons for medium?to?longer?term upside if margins keep improving. Read More.
• Positive Sentiment: Independent bullish summary (Danny Green / InsiderMonkey) reiterates the tech/insurtech thesis and cites improving unit economics and strong top?line momentum as catalysts for rerating. Read More.
• Positive Sentiment: Recent quarter showed robust revenue growth and an EPS beat versus expectations, supporting the growth narrative (company reported strong revenue growth and topped EPS estimates in its Feb quarter). Read More.
• Neutral Sentiment: Valuation and momentum are under renewed review after a large YTD pullback despite strong 1?year returns; that raises the prospect of continued volatility as investors reprice growth vs. near?term profitability. Read More.
• Negative Sentiment: Profitability concerns remain a major headwind—investors punished the stock in February after focusing on persistent losses even as Q4 execution improved, underscoring the need for durable margin gains. Read More.
• Negative Sentiment: Insider selling: recent Form 4 filings show multiple sales by senior insider John Sheldon Peters (several thousand shares) and a smaller sale by Maya Prosor; while not huge versus institutional ownership, these disposals can damp investor sentiment and add spot selling pressure. Read More.

Wall Street Analyst Weigh In

A number of analysts have commented on the stock. Keefe, Bruyette & Woods upped their price objective on shares of Lemonade from $40.00 to $44.00 and gave the company an “underperform” rating in a research note on Tuesday, February 24th. Wolfe Research set a $44.00 target price on shares of Lemonade in a research report on Tuesday, February 24th. Weiss Ratings restated a “sell (d-)” rating on shares of Lemonade in a report on Thursday, January 22nd. Citizens Jmp set a $80.00 price objective on shares of Lemonade in a research note on Monday, November 24th. Finally, Piper Sandler set a $65.00 price objective on shares of Lemonade in a research report on Thursday, February 19th. Four investment analysts have rated the stock with a Buy rating, two have given a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $68.75.

Lemonade Company Profile

Lemonade, Inc (NYSE: LMND) is a New York–based technology-driven insurance carrier that leverages artificial intelligence and behavioral economics to streamline the purchase and management of policies. Founded in 2015, the company offers renters, homeowners, pet, term life and car insurance products tailored for digitally savvy consumers. By automating underwriting and claims processing through chatbots and machine learning, Lemonade aims to deliver a more transparent and user-friendly experience than traditional insurers.

The company’s product suite includes standalone policies for renters and homeowners, customizable pet insurance plans, and term life coverage with simple online applications.