Street Calls of the Week
Lemonade, Inc. (NYSE:LMND), the $4.4 billion insurtech company that has seen its stock surge over 280% in the past year, reported that Chief Operating Officer Adina Eckstein sold shares of the company’s common stock on August 11, 2025, at $53.0. According to InvestingPro data, the stock is currently trading near its 52-week high of $60.41.
According to a Form 4 filing with the Securities and Exchange Commission, Eckstein sold 0 shares of Lemonade common stock.
On the same day, Eckstein also exercised options to purchase 5,000 shares of Lemonade common stock at an exercise price of $24.47. Following the transaction, Eckstein directly owns 189,653 shares of Lemonade.
The sale was executed under a Rule 10b5-1 trading plan adopted on December 5, 2024.
In other recent news, Lemonade Inc . reported its second-quarter earnings for 2025, revealing a revenue of $164 million, which surpassed the expected $160.39 million. The company showed a notable improvement in its gross loss ratio, although it reported a negative earnings per share (EPS) of -$0.60, which was better than the forecasted -$0.79. These results reflect stronger-than-anticipated performance for the quarter. Jefferies has also adjusted its price target for Lemonade, increasing it to $37 from $30, while maintaining an Underperform rating. The firm highlighted increased premium retention as a positive factor contributing to revenue growth. However, Jefferies pointed out that this growth is accompanied by higher leverage and a declining book value, with net profitability still projected to be years away. These developments provide a mixed outlook for investors, balancing improved revenue performance with ongoing financial challenges.
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