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

Lemonade, Inc. (NYSE:LMND) insider John Peters sold 2,249 shares of the company’s stock in a transaction dated 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 owned 73,834 shares in the company, valued at approximately $4,020,261.30. This trade represents a 2.96% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 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 shares were 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 stock was 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 stock was sold at an average price of $79.00, for a total value of $272,076.00.

Lemonade Stock Performance

LMND stock opened at $49.27 on Thursday. The company’s 50 day moving average price is $58.13 and its 200 day moving average price is $58.40. The firm has a market capitalization of $3.81 billion, a price-to-earnings ratio of -26.92 and a beta of 1.87. Lemonade, Inc. has a fifty-two week low of $46.16 and a fifty-two week high of $99.90.

Lemonade (NYSE:LMND) last issued its quarterly earnings results on Tuesday, July 28th. The company reported ($0.56) earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of ($0.56). Lemonade had a negative net margin of 14.19% and a negative return on equity of 26.78%. The company 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. The firm’s quarterly revenue was up 79.4% on a year-over-year basis. Equities analysts forecast that Lemonade, Inc. will post -1.85 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the company. Caitong International Asset Management Co. Ltd lifted its stake in Lemonade by 8,080.0% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 409 shares of the company’s stock valued at $29,000 after buying an additional 404 shares during the last quarter. Ameritas Advisory Services LLC purchased a new position in shares of Lemonade during the second quarter worth approximately $30,000. Northwestern Mutual Wealth Management Co. acquired a new position in shares of Lemonade in the 4th quarter valued at $33,000. NewEdge Advisors LLC acquired a new position in shares of Lemonade in the 1st quarter valued at $35,000. Finally, Strive Financial Group LLC purchased a new stake in Lemonade in the 4th quarter valued at $38,000. Hedge funds and other institutional investors own 80.30% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently commented on the company. Cantor Fitzgerald reissued an “overweight” rating on shares of Lemonade in a report on Tuesday, May 26th. Morgan Stanley lowered their price objective on Lemonade from $65.00 to $56.00 and set an “equal weight” rating for the company in a research report on Wednesday, August 19th. UBS Group set a $75.00 price objective on Lemonade in a report on Thursday, May 21st. TD Cowen reissued a “hold” rating on shares of Lemonade in a research report on Monday, June 8th. Finally, Wall Street Zen lowered Lemonade from a “hold” rating to a “sell” rating in a research report on Saturday, August 22nd. Four research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Lemonade presently has a consensus rating of “Hold” and a consensus target price of $64.50.

Lemonade News Summary

Here are the key news stories impacting Lemonade this week:

• Positive Sentiment: Lemonade expanded its renters-insurance business into Kentucky, with policies starting at $5 per month. The launch broadens the company’s geographic reach and customer base, supporting its strategy of using technology to offer low-cost insurance. Lemonade Expands Renters Insurance to Kentucky
• Positive Sentiment: CEO Daniel Schreiber argued that many U.S. drivers overpay because lower-mileage customers subsidize higher-mileage drivers. The comments reinforce Lemonade’s potential competitive advantage in data-based and usage-oriented pricing, although they do not include new financial guidance. Most Drivers Are Overpaying
• Neutral Sentiment: CFO Tim Bixby is scheduled to speak at the KBW Insurance Conference on September 10. Investors may look for updates on growth, profitability, and strategy, but the announcement itself provides no change to financial guidance. Lemonade CFO to Participate in Upcoming Investor Conferences
• Negative Sentiment: Brokerages maintain a consensus “Hold” rating on LMND, indicating limited near-term conviction. The rating may restrain buying interest, particularly as Lemonade remains unprofitable and analysts expect a loss for the full year. Lemonade Given Consensus Rating of Hold
• Negative Sentiment: Insiders John Peters and Maya Prosor sold approximately $226,200 of LMND shares in recent transactions. The sales occurred under pre-arranged Rule 10b5-1 plans to cover tax withholding from vested equity awards, reducing their significance as a bearish signal, but they could still add modest selling pressure and investor caution. Lemonade Insider Selling

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.