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John Sheldon Peters, Chief Insurance Officer at Lemonade Inc (NYSE:LMND), sold 2,718 shares of the company’s common stock on September 3, 2025, at a price of $50.34, for a total value of $136,824. The insurance technology company, currently valued at $3.7 billion, has seen its stock surge 166% over the past year, according to InvestingPro data, though it exhibits high price volatility.
Following the transaction, Peters directly owns 102,397 shares of Lemonade, Inc. The sale was executed to cover tax withholding obligations related to the vesting and settlement of Restricted Stock Units. InvestingPro analysis reveals the company trades at a high Price/Book ratio of 7.11x, with additional insights available in the comprehensive Pro Research Report covering this high-growth insurtech player.
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 also showed a significant improvement in its gross loss ratio, although it posted a negative earnings per share (EPS) of -$0.60, better than the forecasted -$0.79. Additionally, BMO Capital raised its price target for Lemonade to $42 from $23, maintaining an Underperform rating. BMO Capital noted that Lemonade’s growth would likely require less capital compared to its peers due to its rating by Demotech rather than A.M. Best, as it has no public debt outstanding. Jefferies also increased its price target for Lemonade to $37 from $30 while keeping an Underperform rating. Jefferies highlighted that increased premium retention is expected to drive stronger revenue growth, though it may lead to higher leverage as book value declines. These developments reflect recent changes and expectations surrounding Lemonade’s financial performance and market position.
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