In a filing, Lemonade Inc revealed 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 $279.92 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 $7.1 million.
Morgan Stanley downgraded its Lemonade Inc [LMND] rating to an Underweight from a an Equal-weight in a research note published recently. A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who increased its forecast for the stock in mid November from “an Underweight” to “an Equal-weight”. Keefe Bruyette also remained covering LMND and has decreased its forecast on November 07, 2024 with a “an Underperform” recommendation from previously “Mkt perform” rating. TD Cowen started covering the stock on January 10, 2024. It rated LMND as “a Market perform”.
Price Performance Review of LMND
On Thursday, Lemonade Inc [NYSE:LMND] saw its stock fall -0.52% to $26.78. Over the last five days, the stock has gained 2.57%. Lemonade Inc shares have fallen nearly -26.99% since the year began. Nevertheless, the stocks have risen 66.85% 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 04/08/25. SMA at 50 days reached $33.15, while 200 days put it at $28.15.
Levels Of Support And Resistance For LMND Stock
The 24-hour chart illustrates a support level at 26.22, which if violated will result in even more drops to 25.66. On the upside, there is a resistance level at 27.37. A further resistance level may holdings at 27.96. The Relative Strength Index (RSI) on the 14-day chart is 39.48, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.44, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 70.79%. Stochastics %K at 27.01% 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 2025-03-31, dropping by -0.28 million shares to a total of 15.95 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 16.24 million shares. There was a decline of -1.78%, which implies that there is a negative sentiment for the stock.
