Insider Selling: Lemonade (NYSE:LMND) Insider Sells $88,862.76 in Stock

Lemonade, Inc. (NYSE:LMND) insider John Sheldon Peters sold 1,773 shares of Lemonade stock in a transaction dated Tuesday, March 3rd. The shares were sold at an average price of $50.12, for a total value of $88,862.76. Following the sale, the insider owned 80,300 shares of the company’s stock, valued at approximately $4,024,636. This represents a 2.16% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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

• On Wednesday, March 4th, John Sheldon Peters sold 3,571 shares of Lemonade stock. The stock was sold at an average price of $52.50, for a total value of $187,477.50.
• 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 shares were 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 Stock Up 0.3%

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

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

Institutional Trading of Lemonade

Several hedge funds have recently added to or reduced their stakes in the business. AQR Capital Management LLC increased its position in Lemonade by 107.3% in the 1st quarter. AQR Capital Management LLC now owns 30,490 shares of the company’s stock worth $958,000 after buying an additional 15,779 shares during the period. Millennium Management LLC boosted its position in shares of Lemonade by 255.2% in the first quarter. Millennium Management LLC now owns 329,934 shares of the company’s stock valued at $10,370,000 after acquiring an additional 237,044 shares during the period. NewEdge Advisors LLC bought a new stake in shares of Lemonade in the first quarter valued at approximately $35,000. Goldman Sachs Group Inc. grew its stake in shares of Lemonade by 7.3% in the first quarter. Goldman Sachs Group Inc. now owns 612,292 shares of the company’s stock worth $19,244,000 after acquiring an additional 41,759 shares during the last quarter. Finally, Teacher Retirement System of Texas grew its stake in shares of Lemonade by 5.9% in the second quarter. Teacher Retirement System of Texas now owns 8,285 shares of the company’s stock worth $363,000 after acquiring an additional 458 shares during the last quarter. Institutional investors own 80.30% of the company’s stock.

Wall Street Analysts Forecast Growth

LMND has been the subject of several recent analyst reports. Wolfe Research set a $44.00 price target on Lemonade in a research note on Tuesday, February 24th. Morgan Stanley set a $85.00 price objective on Lemonade and gave the company an “equal weight” rating in a research note on Tuesday, December 16th. Citigroup restated an “outperform” rating on shares of Lemonade in a report on Friday, January 16th. Keefe, Bruyette & Woods increased their price target on Lemonade from $40.00 to $44.00 and gave the company an “underperform” rating in a report on Tuesday, February 24th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Lemonade in a research report on Thursday, January 22nd. Four research analysts have rated the stock with a Buy rating, two have given a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $68.75.

Lemonade News Summary

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.

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.