Lemonade (NYSE:LMND) Insider Sells $187,477.50 in Stock

Lemonade, Inc. (NYSE:LMND) insider John Sheldon Peters sold 3,571 shares of the business’s stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of $52.50, for a total transaction of $187,477.50. Following the transaction, the insider owned 76,729 shares of the company’s stock, valued at $4,028,272.50. This trade represents a 4.45% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

John Sheldon Peters also recently made the following trade(s):

• On Tuesday, March 3rd, John Sheldon Peters sold 1,773 shares of Lemonade stock. The shares were sold at an average price of $50.12, for a total transaction of $88,862.76.
• On Thursday, January 22nd, John Sheldon Peters sold 9,000 shares of Lemonade stock. The shares were sold at an average price of $90.00, for a total transaction of $810,000.00.
• On Tuesday, January 6th, John Sheldon Peters sold 10,000 shares of Lemonade stock. The stock was sold at an average price of $80.00, for a total transaction of $800,000.00.
• On Wednesday, December 10th, John Sheldon Peters sold 3,554 shares of Lemonade stock. The stock was sold at an average price of $81.00, for a total transaction of $287,874.00.

Lemonade Price Performance

NYSE:LMND opened at $55.23 on Friday. Lemonade, Inc. has a 12 month low of $24.31 and a 12 month high of $99.90. The firm has a market capitalization of $4.22 billion, a PE ratio of -24.44 and a beta of 2.12. The business’s fifty day moving average price is $72.19 and its 200 day moving average price is $66.23.

Lemonade (NYSE:LMND) last announced its quarterly 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%.Lemonade’s revenue for the quarter was up 53.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted ($0.42) earnings per share. As a group, equities analysts anticipate that Lemonade, Inc. will post -3.03 EPS for the current year.

Wall Street Analyst Weigh In

LMND has been the subject of a number of research analyst reports. Citizens Jmp set a $80.00 price target on Lemonade in a report on Monday, November 24th. Cantor Fitzgerald boosted their price objective on shares of Lemonade from $85.00 to $92.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 14th. Keefe, Bruyette & Woods upped their target price on shares of Lemonade from $40.00 to $44.00 and gave the company an “underperform” rating in a report on Tuesday, February 24th. Wolfe Research set a $44.00 target price on shares of Lemonade in a research report on Tuesday, February 24th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Lemonade in a research note on Thursday, January 22nd. Four equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $68.75.

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.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its holdings in shares of Lemonade by 0.4% in the fourth quarter. Vanguard Group Inc. now owns 6,305,453 shares of the company’s stock valued at $448,822,000 after acquiring an additional 26,312 shares during the period. JPMorgan Chase & Co. increased its holdings in shares of Lemonade by 30.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,506,171 shares of the company’s stock valued at $187,685,000 after acquiring an additional 825,522 shares during the period. Price T Rowe Associates Inc. MD increased its holdings in shares of Lemonade by 186.0% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 1,484,175 shares of the company’s stock valued at $105,644,000 after acquiring an additional 965,321 shares during the period. Geode Capital Management LLC raised its position in Lemonade by 4.9% in the 4th quarter. Geode Capital Management LLC now owns 1,438,358 shares of the company’s stock valued at $102,400,000 after purchasing an additional 67,562 shares during the last quarter. Finally, BIT Capital GmbH raised its position in Lemonade by 69.3% in the 3rd quarter. BIT Capital GmbH now owns 1,254,345 shares of the company’s stock valued at $67,145,000 after purchasing an additional 513,424 shares during the last quarter. Institutional investors and hedge funds own 80.30% of the company’s stock.

About Lemonade

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.