Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Lemonade Inc shares valued at $1,569,301 were sold by SoftBank Group Capital Ltd on Mar 26 ’25. At $37.22 per share, SoftBank Group Capital Ltd sold 42,160 shares. The insider’s holdings dropped to 10,452,476 shares worth approximately $334.37 million following the completion of this transaction.
Also, SoftBank Group Capital Ltd sold 204,575 shares, netting a total of over 7,584,667 in proceeds. Following the sale of shares at $37.08 each, the insider now holds 10,494,636 shares.
Before that, BIXBY TIMOTHY E had sold 5,000 shares from its account. In a trade valued at $187,500, the Chief Financial Officer traded Lemonade Inc shares for $37.50 each. Upon closing the transaction, the insider’s holdings decreased to 5,000 shares, worth approximately $8.49 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 drop of approximately -6.68%. Over the course of the year, Lemonade Inc shares have dropped approximately -12.79%. 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 $34.41, while a 200-day SMA reached $27.53.
Support And Resistance Levels for Lemonade Inc (LMND)
According to the 24-hour chart, there is a support level at 30.95, which, if violated, would cause prices to drop to 29.91. In the upper region, resistance lies at 32.90. The next price resistance is at 33.81. RSI (Relative Strength Index) is 43.45 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -2.52, which suggests the price will decrease in the coming days. Percent R is at 74.53%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
