The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Lemonade Inc shares valued at $210,951 were sold by BIXBY TIMOTHY E on Mar 04 ’25. At $33.79 per share, BIXBY TIMOTHY E sold 6,243 shares. The insider’s holdings dropped to 265,309 shares worth approximately $9.15 million following the completion of this transaction.
Also, Peters John Sheldon sold 1,899 shares, netting a total of over 64,167 in proceeds. Following the sale of shares at $33.79 each, the insider now holds 87,609 shares.
Before that, Prosor Maya had sold 325 shares from its account. In a trade valued at $10,982, the Chief Business Officer traded Lemonade Inc shares for $33.79 each. Upon closing the transaction, the insider’s holdings decreased to 325 shares, worth approximately $0.29 million.
As published in a research note from Morgan Stanley on November 20, 2024, Lemonade Inc [LMND] has been rated up from an Underweight to an Equal-weight and the price target has been revised to $42 from $23. Analysts at Keefe Bruyette downgraded the stock from ‘”a Mkt perform”‘ to ‘”an Underperform”‘ outlook in a report released in early November. As of January 10, 2024, TD Cowen has initiated its “Market perform” rating for LMND. Earlier on December 01, 2023, Oppenheimer downgraded its rating. Their new recommendation was “a Perform” for LMND stock which previously was a “an Outperform”.
Analyzing LMND Stock Performance
During the last five days, there has been a surge of approximately 5.74%. Over the course of the year, Lemonade Inc shares have dropped approximately -6.03%. Shares of the company reached a 52-week high of $41.17 on 02/18/25 and a 52-week low of $26.85 on 02/26/25. A 50-day SMA is recorded $34.24, while a 200-day SMA reached $26.73.
Support And Resistance Levels for Lemonade Inc (LMND)
According to the 24-hour chart, there is a support level at 33.77, which, if violated, would cause prices to drop to 33.07. In the upper region, resistance lies at 35.59. The next price resistance is at 36.70. RSI (Relative Strength Index) is 49.08 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.64, which suggests the price will decrease in the coming days. Percent R is at 67.61%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
