LemonadeLMND
About: Lemonade Inc operates in the insurance industry. The company offers digital and artificial intelligence based platform for various insurances and for settling claims and paying premiums. The platform ensures transparency in issuing policies and settling disputes. The company is using technology, data, artificial intelligence, contemporary design, and social impact to deliver delightful and affordable insurances. Geographically, it operates in California, Texas, New York, New Jersey, Illinois, Georgia, Washington, Colorado, Pennsylvania, Oregon and others.
Employees: 1,258
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
50% more funds holding in top 10
Funds holding in top 10: 2 [Q1] → 3 (+1) [Q2]
47% more repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 45
32% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 31
5% more funds holding
Funds holding: 201 [Q1] → 211 (+10) [Q2]
1% more capital invested
Capital invested by funds: $675M [Q1] → $679M (+$4.05M) [Q2]
0.18% less ownership
Funds ownership: 58.59% [Q1] → 58.41% (-0.18%) [Q2]
41% less call options, than puts
Call options by funds: $32.5M | Put options by funds: $55.4M
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
JMP Securities Karol Chmiel 0% 1-year accuracy 0 / 1 met price target | 115%upside $40 | Market Outperform Reiterated | 15 Oct 2024 |
Jefferies Yaron Kinar 85% 1-year accuracy 11 / 13 met price target | 25%downside $14 | Underperform Maintained | 9 Oct 2024 |
Financial journalist opinion
Based on 5 articles about LMND published over the past 30 days