Elo Mutual Pension Insurance Co Purchases Shares of 19,368 Lemonade, Inc. $LMND

Elo Mutual Pension Insurance Co purchased a new position in shares of Lemonade, Inc. (NYSE:LMND) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 19,368 shares of the company’s stock, valued at approximately $1,037,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. JPMorgan Chase & Co. raised its position in shares of Lemonade by 30.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 3,506,171 shares of the company’s stock worth $187,685,000 after acquiring an additional 825,522 shares in the last quarter. BIT Capital GmbH increased its stake in Lemonade by 69.3% in the third 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. Jump Financial LLC increased its stake in Lemonade by 365.8% in the second quarter. Jump Financial LLC now owns 581,378 shares of the company’s stock valued at $25,470,000 after purchasing an additional 456,571 shares during the last quarter. Halter Ferguson Financial Inc. raised its holdings in Lemonade by 101.3% during the third quarter. Halter Ferguson Financial Inc. now owns 575,906 shares of the company’s stock worth $30,828,000 after purchasing an additional 289,803 shares in the last quarter. Finally, Millennium Management LLC lifted its position in shares of Lemonade by 255.2% during the 1st quarter. Millennium Management LLC now owns 329,934 shares of the company’s stock worth $10,370,000 after buying an additional 237,044 shares during the last quarter. 80.30% of the stock is owned by institutional investors and hedge funds.

Lemonade News Roundup

Here are the key news stories impacting Lemonade this week:

• Positive Sentiment: Bull case: recent write-ups highlight Lemonade’s AI-driven insurtech thesis, accelerating in‑force premiums and revenue growth as reasons for a recovery narrative that could attract growth investors. Is Lemonade, Inc. (LMND) A Good Stock To Buy Now? Is Lemonade, Inc. (LMND) A Good Stock To Buy Now?
• Neutral Sentiment: Analyst commentary roundup: media/analyst note pieces are providing varied perspectives but no major new guidance — these syntheses can temper volatility without creating a clear directional catalyst. Analysts Offer Insights on Financial Companies: Lemonade (LMND)
• Negative Sentiment: Profitability concerns: a recent analysis notes Lemonade fell sharply in February as investors focused on its lack of profitability despite encouraging Q4 metrics — a reminder that earnings quality and a path to sustained profits remain key hurdles for valuation. Lemonade Stock Dropped by 36% in February. Here’s What Happened.
• Negative Sentiment: Insider selling: several insiders have trimmed positions recently (Maya Prosor sold 223 shares; John Sheldon Peters sold multiple blocks totaling ~5,300 shares across early March), which can be read as a near-term negative signal for sentiment. Filings disclosed the trades. Maya Prosor insider sale John Sheldon Peters insider sale SEC filing (Prosor) SEC filing (Peters)

Wall Street Analyst Weigh In

A number of research analysts recently commented on LMND shares. Piper Sandler set a $65.00 target price on shares of Lemonade in a research report on Thursday, February 19th. Wolfe Research set a $44.00 price objective on shares of Lemonade in a research note on Tuesday, February 24th. Morgan Stanley set a $85.00 target price on Lemonade and gave the stock an “equal weight” rating in a research report on Tuesday, December 16th. Citizens Jmp set a $80.00 target price on Lemonade in a report on Monday, November 24th. Finally, Citigroup reissued an “outperform” rating on shares of Lemonade in a research report on Friday, January 16th. Four research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, Lemonade has an average rating of “Hold” and a consensus target price of $68.75.

Lemonade Stock Performance

Shares of NYSE:LMND opened at $55.04 on Friday. The company has a 50-day simple moving average of $72.58 and a 200-day simple moving average of $66.20. Lemonade, Inc. has a one year low of $24.31 and a one year high of $99.90. The stock has a market capitalization of $4.20 billion, a price-to-earnings ratio of -24.35 and a beta of 2.12.

Lemonade (NYSE:LMND) last released 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%.The business’s quarterly revenue was up 53.3% on a year-over-year basis. During the same quarter last year, the company earned ($0.42) EPS. As a group, research analysts forecast that Lemonade, Inc. will post -3.03 EPS for the current fiscal year.

Insider Buying and Selling

In other news, CEO Daniel A. Schreiber sold 9,108 shares of the business’s stock in a transaction dated Friday, January 23rd. The shares were sold at an average price of $99.04, for a total transaction of $902,056.32. Following the transaction, the chief executive officer directly owned 1,514,426 shares in the company, valued at $149,988,751.04. The trade was a 0.60% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider John Sheldon Peters sold 3,571 shares of the stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of $52.50, for a total value of $187,477.50. Following the transaction, the insider directly owned 76,729 shares of the company’s stock, valued at approximately $4,028,272.50. This trade represents a 4.45% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 246,767 shares of company stock worth $21,614,749 over the last three months. 14.70% of the stock is owned by company insiders.

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.