Bixby, Lemonade CFO, sells $146k in LMND stock

Published 06/09/2025, 00:54
© Ben Kelmer, Lemonade PR

Lemonade Inc. NASDAQ:LMND Chief Financial Officer Timothy E. Bixby sold 2,906 shares of the company’s common stock on September 3, 2025, at a price of $50.34, for a total value of $146,288. The sale comes as the $3.7 billion insurtech company’s stock shows significant volatility, according to InvestingPro data.

Following the transaction, Bixby directly owns 260,487 shares of Lemonade, Inc. common stock. In addition, Bixby indirectly owns 30,000 shares held by the Timothy E. Bixby Family Trust, for which he serves as Co-Trustee. The transaction occurs amid strong stock performance, with LMND shares up 166% over the past year.

The sale was to cover tax withholding obligations related to the vesting and settlement of Restricted Stock Units. Based on InvestingPro’s Fair Value analysis, the stock is currently trading near its Fair Value, with 8 additional key insights available to subscribers.

In other recent news, Lemonade Inc . reported its second-quarter earnings for 2025, exceeding revenue expectations with a total of $164 million, compared to the anticipated $160.39 million. The company also showed a notable improvement in its gross loss ratio, despite reporting a negative earnings per share (EPS) of -$0.60, which was better than the forecasted -$0.79. In analyst updates, BMO Capital raised its price target for Lemonade to $42 from $23 while maintaining an Underperform rating. The firm highlighted that Lemonade’s growth might require less capital than its peers due to its rating by Demotech, as opposed to A.M. Best, since the company has no public debt. Similarly, Jefferies increased its price target to $37 from $30, also keeping an Underperform rating. Jefferies pointed out that increased premium retention could drive stronger revenue growth, although it may also lead to higher leverage. These developments reflect ongoing interest and scrutiny from analysts regarding Lemonade’s financial trajectory and market positioning.

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