Lemonade COO Eckstein sells $245k in shares

Published 08/08/2025, 09:12
© Ben Kelmer, Lemonade PR

Adina Eckstein, Chief Operating Officer of Lemonade, Inc. (NYSE:LMND), sold 5,000 shares of common stock on August 5, 2025, at a price of $49.0, totaling $245,000. The transaction comes amid a significant 30% surge in LMND’s stock price over the past week, with the company now commanding a market capitalization of $3.49 billion. According to InvestingPro analysis, the stock is currently trading near its Fair Value.

The transaction was reported in a Form 4 filing with the Securities and Exchange Commission.

On the same day, Eckstein also exercised options to acquire 5,000 shares of Lemonade common stock at a price of $23.69, for 1,250 shares and $24.47 for 3,750 shares, totaling $118450.

Following these transactions, Eckstein directly owns 189,653 shares of Lemonade, Inc.

In other recent news, Lemonade Inc . reported its second-quarter earnings for 2025, showcasing a notable performance by surpassing revenue expectations. The company achieved revenue of $164 million, exceeding the anticipated $160.39 million. Despite reporting a negative earnings per share (EPS) of -$0.60, this was a significant improvement over the forecasted EPS of -$0.79. These figures highlight Lemonade’s efforts in enhancing its financial standing, particularly with a marked improvement in its gross loss ratio. Analysts had projected these results, and the company’s performance indicates a positive trajectory. No new mergers or acquisitions were announced in this period. Additionally, the stock received notable attention from analysts, although no specific upgrades or downgrades were reported. These developments reflect Lemonade’s current financial and operational strategies.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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