Key Points
- Insider sale: Director John Sheldon Peters sold 10,000 shares on January 6 at $80.00 per share for a total of $800,000, cutting his stake by 14.13% to 60,771 shares (worth ~$4.86M).
- This transaction continues a recent pattern of insider disposals by Peters, including an 18,930‑share sale on Nov. 20 for about $1.38M and several December sales totaling hundreds of thousands of dollars.
- Company and stock context: Lemonade posted an EPS beat (-$0.51 vs. -$0.72) with revenue up 42.4% to $194.5M but remains unprofitable; the stock trades near $80.67 (50‑day MA $75.10, 52‑week high $85.20) and carries a consensus analyst price target of $67.50 with mixed ratings.
Lemonade, Inc. (NYSE:LMND - Get Free Report) insider John Sheldon Peters sold 10,000 shares of the business's stock in a transaction that occurred on Tuesday, January 6th. The stock was sold at an average price of $80.00, for a total value of $800,000.00. Following the transaction, the insider directly owned 60,771 shares in the company, valued at $4,861,680. This trade represents a 14.13% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.
John Sheldon Peters also recently made the following trade(s):
- On Wednesday, December 10th, John Sheldon Peters sold 3,554 shares of Lemonade stock. The shares were sold at an average price of $81.00, for a total transaction of $287,874.00.
- On Wednesday, December 3rd, John Sheldon Peters sold 2,667 shares of Lemonade stock. The shares were sold at an average price of $72.37, for a total value of $193,010.79.
- On Tuesday, December 2nd, John Sheldon Peters sold 2,677 shares of Lemonade stock. The shares were sold at an average price of $72.74, for a total transaction of $194,724.98.
- On Monday, November 24th, John Sheldon Peters sold 3,798 shares of Lemonade stock. The shares were sold at an average price of $73.25, for a total transaction of $278,203.50.
- On Thursday, November 20th, John Sheldon Peters sold 18,930 shares of Lemonade stock. The stock was sold at an average price of $72.77, for a total value of $1,377,536.10.
Lemonade Stock Down 0.4%
Shares of Lemonade stock opened at $80.67 on Friday. The business has a 50-day moving average price of $75.10 and a 200 day moving average price of $58.34. Lemonade, Inc. has a fifty-two week low of $24.31 and a fifty-two week high of $85.20. The firm has a market cap of $6.03 billion, a P/E ratio of -33.75 and a beta of 1.98.
Lemonade (NYSE:LMND - Get Free Report) last released its earnings results on Wednesday, November 5th. The company reported ($0.51) EPS for the quarter, topping analysts' consensus estimates of ($0.72) by $0.21. Lemonade had a negative return on equity of 31.86% and a negative net margin of 26.39%.The company had revenue of $194.50 million for the quarter, compared to the consensus estimate of $185.06 million. During the same quarter last year, the business posted ($0.95) EPS. Lemonade's quarterly revenue was up 42.4% compared to the same quarter last year. As a group, equities research analysts anticipate that Lemonade, Inc. will post -3.03 earnings per share for the current year.
Wall Street Analyst Weigh In
Several equities analysts have recently issued reports on the company. Piper Sandler reduced their price objective on Lemonade from $60.00 to $55.00 and set a "neutral" rating for the company in a research report on Friday, October 10th. JMP Securities set a $80.00 price objective on shares of Lemonade in a research note on Monday, November 24th. Truist Financial began coverage on shares of Lemonade in a research note on Tuesday. They issued a "buy" rating and a $98.00 price target for the company. Weiss Ratings reissued a "sell (d-)" rating on shares of Lemonade in a research note on Wednesday, October 8th. Finally, Citizens Jmp raised their target price on shares of Lemonade from $60.00 to $80.00 and gave the stock a "market outperform" rating in a report on Monday, November 24th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, two have assigned a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, Lemonade presently has an average rating of "Hold" and a consensus price target of $67.50.
Get Our Latest Research Report on Lemonade
Hedge Funds Weigh In On Lemonade
Several large investors have recently made changes to their positions in LMND. Bayforest Capital Ltd acquired a new position in shares of Lemonade during the third quarter valued at about $25,000. Strategic Advocates LLC acquired a new stake in Lemonade during the 3rd quarter valued at $33,000. NewEdge Advisors LLC bought a new stake in Lemonade during the 1st quarter worth about $35,000. Estabrook Capital Management bought a new position in Lemonade in the 2nd quarter worth approximately $44,000. Finally, Migdal Insurance & Financial Holdings Ltd. lifted its stake in shares of Lemonade by 30.7% during the second quarter. Migdal Insurance & Financial Holdings Ltd. now owns 1,034 shares of the company's stock valued at $45,000 after acquiring an additional 243 shares during the period. Institutional investors and hedge funds own 80.30% of the company's stock.
About Lemonade
(
Get Free Report)
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.
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