The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
The closing price of Lemonade Inc (NYSE: LMND) was $29.53 for the day, up 0.51% from the previous closing price of $29.38. In other words, the price has increased by $0.51 from its previous closing price. On the day, 1.1 million shares were traded.
Ratios:
Our analysis of LMND’s different ratios will help us gain a deeper understanding of the company. In the meantime, Its Debt-to-Equity ratio is 0.20 whereas as Long-Term Debt/Eq ratio is at 0.04.
On November 20, 2024, Morgan Stanley Upgraded its rating to Equal-Weight which previously was Underweight and also upped its target price recommendation from $23 to $42.
Keefe Bruyette Downgraded its Mkt Perform to Underperform on November 07, 2024, whereas the target price for the stock was revised from $18 to $21.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Mar 26 ’25 when SoftBank Group Capital Ltd sold 42,160 shares for $37.22 per share. The transaction valued at 1,569,301 led to the insider holds 10,452,476 shares of the business.
SoftBank Group Capital Ltd sold 204,575 shares of LMND for $7,584,667 on Mar 24 ’25. The 10% Owner now owns 10,494,636 shares after completing the transaction at $37.08 per share. On Mar 24 ’25, another insider, BIXBY TIMOTHY E, who serves as the Chief Financial Officer of the company, sold 5,000 shares for $37.50 each. As a result, the insider received 187,500 and left with 265,309 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 4.94 while its Price-to-Book (P/B) ratio in mrq is 3.62.
Stock Price History:
Over the past 52 weeks, LMND has reached a high of $53.85, while it has fallen to a 52-week low of $14.03. The 50-Day Moving Average of the stock is -8.97%, while the 200-Day Moving Average is calculated to be 3.84%.
Shares Statistics:
A total of 72.72M shares are outstanding, with a floating share count of 54.52M. Insiders hold about 25.13% of the company’s shares, while institutions hold 47.03% stake in the company.