Lemonade (NYSE:LMND) Insider John Sheldon Peters Sells 2,249 Shares

Lemonade, Inc. (NYSE:LMND) insider John Peters sold 2,249 shares of the stock in a transaction that occurred on Friday, September 4th. The stock was sold at an average price of $54.45, for a total value of $122,458.05. Following the sale, the insider directly owned 73,834 shares in the company, valued at $4,020,261.30. This represents a 2.96% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

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

• On Thursday, September 3rd, John Peters sold 859 shares of Lemonade stock. The stock was sold at an average price of $54.63, for a total value of $46,927.17.
• On Thursday, August 13th, John Peters sold 11,000 shares of Lemonade stock. The shares were sold at an average price of $52.55, for a total value of $578,050.00.
• On Monday, July 6th, John Peters sold 3,444 shares of Lemonade stock. The shares were sold at an average price of $79.00, for a total value of $272,076.00.

Lemonade Stock Performance

LMND opened at $50.59 on Wednesday. The firm has a market cap of $3.92 billion, a P/E ratio of -27.64 and a beta of 1.87. Lemonade, Inc. has a 52-week low of $46.16 and a 52-week high of $99.90. The business’s fifty day moving average is $58.53 and its 200-day moving average is $58.49.

Lemonade (NYSE:LMND) last posted its quarterly earnings results on Tuesday, July 28th. The company reported ($0.56) EPS for the quarter, meeting analysts’ consensus estimates of ($0.56). Lemonade had a negative return on equity of 26.78% and a negative net margin of 14.19%.The business had revenue of $294.40 million during the quarter, compared to the consensus estimate of $291.01 million. During the same quarter in the previous year, the firm earned ($0.60) earnings per share. Lemonade’s revenue for the quarter was up 79.4% compared to the same quarter last year. On average, research analysts predict that Lemonade, Inc. will post -1.85 earnings per share for the current fiscal year.

Lemonade News Roundup

Here are the key news stories impacting Lemonade this week:

• Positive Sentiment: Lemonade expanded its renters-insurance business into Kentucky, offering coverage starting at $5 per month. The move increases the company’s addressable market and supports its strategy of growing through a technology-driven, low-cost insurance offering. Lemonade Expands Renters Insurance to Kentucky
• Positive Sentiment: CEO Daniel Schreiber said most U.S. drivers may be overpaying because lower-mileage customers subsidize higher-mileage drivers. The comments highlight Lemonade’s potential differentiation through data-driven and usage-based pricing, although they do not represent a new financial forecast or product announcement. Most Drivers Are Overpaying
• Neutral Sentiment: CFO Tim Bixby is scheduled to participate in the KBW Insurance Conference on September 10. The event could provide updates on growth, profitability, and strategy, but no new guidance was announced. Lemonade CFO to Participate in Upcoming Investor Conferences
• Negative Sentiment: Brokerages have assigned Lemonade a consensus rating of “Hold,” signaling limited near-term conviction among analysts and potentially restraining buying interest. Lemonade Given Consensus Rating of Hold
• Negative Sentiment: Insiders John Peters and Maya Prosor sold shares worth approximately $226,200 in aggregate. The transactions were conducted under pre-arranged Rule 10b5-1 plans to cover tax withholding on vested equity awards, making them less concerning than discretionary sales, but they still add modest selling pressure and investor caution.

Institutional Investors Weigh In On Lemonade

Several hedge funds and other institutional investors have recently made changes to their positions in LMND. Caitong International Asset Management Co. Ltd increased its position in Lemonade by 8,080.0% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 409 shares of the company’s stock worth $29,000 after purchasing an additional 404 shares in the last quarter. Ameritas Advisory Services LLC acquired a new stake in Lemonade in the second quarter valued at approximately $30,000. Northwestern Mutual Wealth Management Co. bought a new stake in shares of Lemonade during the fourth quarter worth $33,000. NewEdge Advisors LLC bought a new stake in shares of Lemonade during the first quarter worth $35,000. Finally, Strive Financial Group LLC bought a new position in shares of Lemonade in the 4th quarter valued at $38,000. 80.30% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

LMND has been the subject of a number of recent analyst reports. UBS Group set a $75.00 price target on shares of Lemonade in a report on Thursday, May 21st. Keefe, Bruyette & Woods raised shares of Lemonade from an “underperform” rating to a “market perform” rating and set a $48.00 price objective on the stock in a research note on Thursday, July 30th. Cantor Fitzgerald restated an “overweight” rating on shares of Lemonade in a research report on Tuesday, May 26th. TD Cowen restated a “hold” rating on shares of Lemonade in a research note on Monday, June 8th. Finally, Morgan Stanley reduced their target price on Lemonade from $65.00 to $56.00 and set an “equal weight” rating on the stock in a report on Wednesday, August 19th. Four equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $64.50.

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.