Lemonade Inc’s recently made public that its 10% Owner SoftBank Group Capital Ltd unloaded Company’s shares for reported $1.57 million on Mar 26 ’25. In the deal valued at $37.22 per share,42,160 shares were sold. As a result of this transaction, SoftBank Group Capital Ltd now holds 10,452,476 shares worth roughly $339.39 million.
Then, SoftBank Group Capital Ltd sold 204,575 shares, generating $7,584,667 in total proceeds. Upon selling the shares at $37.08, the 10% Owner now owns 10,494,636 shares.
Before that, BIXBY TIMOTHY E sold 5,000 shares. Lemonade Inc shares valued at $187,500 were divested by the Chief Financial Officer at a price of $37.50 per share. As a result of the transaction, BIXBY TIMOTHY E now holds 265,309 shares, worth roughly $8.61 million.
Morgan Stanley upgraded its Lemonade Inc [LMND] rating to an Equal-weight from a an Underweight in a research note published on November 20, 2024; the price target was increased to $42 from $23. A number of analysts have revised their coverage, including Keefe Bruyette’s analysts, who decreased its forecast for the stock in early November from “a Mkt perform” to “an Underperform”. TD Cowen began covering LMND with “Market perform” recommendation on January 10, 2024. Oppenheimer revised its rating on December 01, 2023. It rated LMND as “a Perform” which previously was an “an Outperform”.
Price Performance Review of LMND
On Friday, Lemonade Inc [NYSE:LMND] saw its stock fall -3.91% to $32.47. Over the last five days, the stock has lost -6.10%. Lemonade Inc shares have fallen nearly -11.48% since the year began. Nevertheless, the stocks have risen 99.94% over the past one year. While a 52-week high of $53.85 was reached on 02/18/25, a 52-week low of $14.03 was recorded on 02/26/25. SMA at 50 days reached $34.48, while 200 days put it at $27.29.
Levels Of Support And Resistance For LMND Stock
The 24-hour chart illustrates a support level at 31.56, which if violated will result in even more drops to 30.65. On the upside, there is a resistance level at 33.65. A further resistance level may holdings at 34.82. The Relative Strength Index (RSI) on the 14-day chart is 43.93, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.16, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 90.58%. Stochastics %K at 24.11% indicates the stock is a holding.
How much short interest is there in Lemonade Inc?
A steep rise in short interest was recorded in Lemonade Inc stocks on 2025-03-14, dropping by -1.08 million shares to a total of 16.17 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 17.25 million shares. There was a decline of -6.65%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on June 20, 2023 when Morgan Stanley began covering the stock and recommended ‘”an Underweight”‘ rating along with a $14 price target.
