Lemonade Inc (NYSE: LMND) is 205.52% higher on its value in year-to-date trading and has touched a low of $14.03 and a high of $52.22 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The LMND stock was last observed hovering at around $50.36 in the last trading session, with the day’s loss setting it -1.08%.
Currently trading at $49.28, the stock is 58.65% and 114.45% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.43 million and changing -2.14% at the moment leaves the stock 162.23% off its SMA200. LMND registered 195.62% gain for a year compared to 6-month gain of 202.15%. The firm has a 50-day simple moving average (SMA 50) of $22.9802 and a 200-day simple moving average (SMA200) of $18.7929.
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The stock witnessed a 160.05% loss in the last 1 month and extending the period to 3 months gives it a 165.23%, and is 47.99% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 13.03% over the week and 9.73% over the month.
Lemonade Inc (LMND) has around 1258 employees, a market worth around $3.44B and $413.30M in sales. Profit margin for the company is -51.92%. Distance from 52-week low is 251.25% and -5.63% from its 52-week high. The company has generated returns on investments over the last 12 months (-34.93%).
with sales reaching $144.85M over the same period.The EPS is expected to grow by 10.62% this year, but quarterly earnings will post 21.66% year-over-year. Quarterly sales are estimated to grow 25.41% in year-over-year returns.
Lemonade Inc (LMND) Top Institutional Holders
303.0 institutions hold shares in Lemonade Inc (LMND), with institutional investors hold 57.13% of the company’s shares. The shares outstanding are 70.16M, and float is at 51.64M with Short Float at 30.31%. Institutions hold 41.40% of the Float.
The top institutional shareholder in the company is SOFTBANK GROUP CORP. with over 11.98 million shares valued at $197.73 million. The investor’s holdings represent 17.0498% of the LMND Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 5.32 million shares valued at $87.72 million to account for 7.564 of the shares outstanding. The other top investors are BAILLIE GIFFORD & CO which holds 4.06 million shares representing 5.7785% and valued at over $67.01 million, while BLACKROCK INC. holds 5.6924 of the shares totaling 4.0 million with a market value of $66.01 million.
Lemonade Inc (LMND) Insider Activity
The most recent transaction is an insider sale by Eckstein Adina , the company’s Chief Operating Officer. SEC filings show that Eckstein Adina sold 23,644 shares of the company’s common stock on Nov 21 ’24 at a price of $50.00 per share for a total of $1.18 million. Following the sale, the insider now owns 0.19 million shares.
Lemonade Inc disclosed in a document filed with the SEC on Nov 19 ’24 that Eckstein Adina (Chief Operating Officer) sold a total of 23,644 shares of the company’s common stock. The trade occurred on Nov 19 ’24 and was made at $40.00 per share for $0.95 million. Following the transaction, the insider now directly holds 0.19 million shares of the LMND stock.
Still, SEC filings show that on Nov 21 ’24, Eckstein Adina (Officer) Proposed Sale 23,644 shares at an average price of $50.00 for $1.18 million. The insider now directly holds shares of Lemonade Inc (LMND).
