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Timothy E. Bixby, the Chief Financial Officer of Lemonade, Inc. (NYSE:LMND), a $2.52 billion insurtech company whose stock has surged 115% over the past year, recently sold 6,243 shares of the company’s common stock. The transaction, which took place on March 4, 2025, was valued at approximately $210,950, with shares sold at an average price of $33.79 each. According to InvestingPro analysis, the stock currently appears slightly undervalued based on its Fair Value assessment.
Following the sale, Bixby directly owns 265,309 shares of Lemonade. Additionally, he holds indirect ownership of 30,000 shares through the Timothy E. Bixby Family Trust, where he serves as a co-trustee with voting and dispositive control. The company has shown strong revenue growth of 22.5% over the last twelve months, though InvestingPro data reveals high stock price volatility, with 8 additional key insights available to subscribers.
This sale was conducted to cover tax withholding obligations related to the vesting and settlement of Restricted Stock Units, as noted in the filing. For comprehensive analysis of Lemonade’s financial health and detailed valuation metrics, access the full Pro Research Report available on InvestingPro.
In other recent news, Lemonade Inc . reported its fourth-quarter 2024 earnings, showing a significant revenue increase and a narrowed net loss compared to the previous year. The company achieved a revenue of $149 million, surpassing the forecasted $145.02 million, and reported an earnings per share of -$0.42, which was better than the anticipated -$0.61. Despite these positive results, the stock experienced a decline in premarket trading. Lemonade also reported its first cash flow positive year with $48 million in positive cash flow. The company is expanding its car insurance product, which is now available in eight states. Analysts from firms like Morgan Stanley (NYSE:MS) and Oppenheimer have expressed interest in Lemonade’s strategic approach and growth plans, particularly in the car insurance market. Lemonade aims to become EBITDA positive by 2026 and achieve GAAP net income positive by 2027. These developments reflect Lemonade’s strategic focus on leveraging AI and telematics for precision insurance.
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