In a filing, Lemonade Inc revealed its 10% Owner SoftBank Group Capital Ltd unloaded Company’s shares for reported $16.12 million on May 12 ’25. In the deal valued at $32.25 per share,500,000 shares were sold. As a result of this transaction, SoftBank Group Capital Ltd now holds 7,498,723 shares worth roughly $241.83 million.
Then, SoftBank Group Capital Ltd sold 387,282 shares, generating $12,718,733 in total proceeds. Upon selling the shares at $32.84, the 10% Owner now owns 7,111,441 shares.
Before that, SoftBank Group Capital Ltd sold 500,000 shares. Lemonade Inc shares valued at $15,609,937 were divested by the 10% Owner at a price of $31.22 per share. As a result of the transaction, SoftBank Group Capital Ltd now holds 8,470,683 shares, worth roughly $273.18 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 Monday, Lemonade Inc [NYSE:LMND] saw its stock fall -0.98% to $32.25. Over the last five days, the stock has gained 0.88%. Lemonade Inc shares have fallen nearly -12.08% since the year began. Nevertheless, the stocks have risen 75.65% over the past one year.
How much short interest is there in Lemonade Inc?
A steep rise in short interest was recorded in Lemonade Inc stocks on 2025-04-30, growing by 0.88 million shares to a total of 16.83 million shares. Yahoo Finance data shows the prior-month short interest on 2025-03-31 was 15.95 million shares. There was a rise of 5.2%, which implies that there is a positive sentiment for the stock.
