Lemonade (LMND)

Lemonade Agency B.V. • Lemonade B.V. • Lemonade E&S Insurance Agency, LLC • Lemonade Insurance Agency, LLC • Lemonade Insurance Company • Lemonade Insurance N.V. • Lemonade Life Insurance Agency, LLC • Lemonade Ltd. • Lemonade Tech B.V. • Metromile Insurance Company ...

IRS number

320469673

LMND stock data

1M 3M 6M 1Y

Analyst ratings and price targets

Last 3 months

Average target

$32.67

Low target

$14.00

High target

$60.00

Keefe, Bruyette & Woods

Latest filings (excl ownership)

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31 Oct 24

Results of Operations and Financial Condition

30 Oct 24

8-K

Results of Operations and Financial Condition

30 Jul 24

8-K

Submission of Matters to a Vote of Security Holders

1 May 24

Results of Operations and Financial Condition

30 Apr 24

DEFA14A

Additional proxy soliciting materials

24 Apr 24

Registration of securities for employees

28 Feb 24

Transcripts

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LMND

Earnings call transcript

2024 Q3

31 Oct 24

LMND

Earnings call transcript

2024 Q2

31 Jul 24

LMND

Earnings call transcript

2024 Q1

1 May 24

LMND

Earnings call transcript

2023 Q4

28 Feb 24

LMND

Earnings call transcript

2023 Q3

2 Nov 23

LMND

Earnings call transcript

2023 Q2

3 Aug 23

LMND

Earnings call transcript

2023 Q2

3 Aug 23

LMND

Earnings call transcript

2023 Q1

4 May 23

LMND

Earnings call transcript

2022 Q4

23 Feb 23

LMND

Earnings call transcript

2022 Q3

9 Nov 22

Latest ownership filings

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Change in insider ownership

20 Dec 24

Change in insider ownership

Notice of proposed sale of securities

3 Dec 24

144

Notice of proposed sale of securities

Notice of proposed sale of securities

21 Nov 24

Financial summary

Financial statements Chart LMND financial data

Quarter (USD)	Sep 24	Mar 24	Dec 23	Sep 23
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 23	Dec 22	Dec 21	Dec 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	337.80 mm	337.80 mm	337.80 mm	337.80 mm	337.80 mm	337.80 mm
Cash burn (monthly)	(no burn)	(no burn)	21.93 mm	17.52 mm	33.33 k	4.36 mm
Cash used (since last report)	n/a	n/a	61.25 mm	48.91 mm	93.08 k	12.17 mm
Cash remaining	n/a	n/a	276.55 mm	288.89 mm	337.71 mm	325.63 mm
Runway (months of cash)	n/a	n/a	12.6	16.5	10131.2	74.7

Beta Read what these cash burn values mean

Financial data from Lemonade earnings reports.

Institutional ownership, Q2 2024

LMND institutional ownership history Ownership history

78.7% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	219	190	+15.3%
Opened positions	60	55	+9.1%
Closed positions	31	46	-32.6%
Increased positions	55	35	+57.1%
Reduced positions	41	39	+5.1%

13F shares	Current	Prev Q	Change
Total value	672.34 bn	599.03 bn	+12.2%
Total shares	55.04 mm	50.87 mm	+8.2%
Total puts	3.36 mm	1.35 mm	+149.0%
Total calls	1.99 mm	1.38 mm	+43.8%
Total put/call ratio	1.7	1.0	+73.2%

Largest owners	Shares	Value	Change
SFTBY SoftBank	11.98 mm	$197.73 bn	0.0%
SoftBank Group Capital	11.98 mm	$1.47 bn	0.0%
Vanguard	5.32 mm	$87.72 bn	+2.5%
Baillie Gifford & Co	4.06 mm	$67.01 bn	-9.1%
BLK BlackRock	4.00 mm	$66.01 bn	+0.6%
Aleph	1.88 mm	$0.00	0.0%
Geode Capital Management	1.27 mm	$21.01 bn	+3.5%
STT State Street	1.22 mm	$20.12 bn	+3.4%
D. E. Shaw & Co.	989.58 k	$16.33 bn	NEW
Marshall Wace	859.46 k	$14.18 bn	NEW

Largest transactions	Shares	Bought/sold	Change
D. E. Shaw & Co.	989.58 k	+989.58 k	NEW
Marshall Wace	859.46 k	+859.46 k	NEW
BAC Bank of America	657.45 k	+657.45 k	NEW
MS Morgan Stanley	551.44 k	-627.05 k	-53.2%
Citadel Advisors	506.21 k	+506.21 k	NEW
Charles Schwab Investment Management	480.63 k	+480.63 k	NEW
Baillie Gifford & Co	4.06 mm	-407.59 k	-9.1%
GS The Goldman Sachs Group, Inc.	605.28 k	+362.94 k	+149.8%
Philadelphia Financial Management of San Francisco	0.00	-362.05 k	EXIT
General Equity	315.00 k	+315.00 k	NEW

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

LMND insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
18 Dec 24	SoftBank Group Capital	Common stock	Sell	Dispose S	No	No	43.0242	7,067	304.05 k	10,699,211
17 Dec 24	SoftBank Group Capital	Common stock	Sell	Dispose S	No	No	44.2098	31,967	1.41 mm	10,706,278
17 Dec 24	SoftBank Group Capital	Common stock	Sell	Dispose S	No	No	43.3066	525,324	22.75 mm	10,738,245
16 Dec 24	SoftBank Group Capital	Common stock	Sell	Dispose S	No	No	43.8106	254,815	11.16 mm	11,263,569
16 Dec 24	SoftBank Group Capital	Common stock	Sell	Dispose S	No	No	46.3928	17,225	799.12 k	11,518,384
16 Dec 24	SoftBank Group Capital	Common stock	Sell	Dispose S	No	No	45.1364	59,469	2.68 mm	11,535,609
16 Dec 24	SoftBank Group Capital	Common stock	Sell	Dispose S	No	No	44.3743	388,306	17.23 mm	11,595,078
13 Dec 24	Eisenberg Michael A	Common Stock	Sell	Dispose S	No	No	40.15	12,000	481.80 k	94,670
3 Dec 24	Maya Prosor	COMMON STOCK	Sell	Dispose S	No	No	45.5	304	13.83 k	8,684
3 Dec 24	John Sheldon Peters	COMMON STOCK	Sell	Dispose S	No	No	45.5	1,790	81.44 k	88,493