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 Q3 regulatory filings by fund managers ($100M+ AUM)
25% more call options, than puts
Call options by funds: $43.1M | Put options by funds: $34.4M
25% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 28
3% more funds holding
Funds holding: 211 [Q2] → 218 (+7) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 3 [Q2] → 3 (+0) [Q3]
19.08% less ownership
Funds ownership: 76.19% [Q2] → 57.11% (-19.08%) [Q3]
22% less repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 68
24% less capital invested
Capital invested by funds: $886M [Q2] → $669M (-$217M) [Q3]
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
7 analyst ratings
JMP Securities Ronald Josey 59% 1-year accuracy 29 / 49 met price target | 44%upside $60 | Market Outperform Maintained | 22 Nov 2024 |
BMO Capital Michael Zaremski 64% 1-year accuracy 16 / 25 met price target | 64%downside $15 | Underperform Maintained | 21 Nov 2024 |
Piper Sandler Arvind Ramnani 86% 1-year accuracy 49 / 57 met price target | 6%upside $44 | Neutral Maintained | 21 Nov 2024 |
Morgan Stanley Michael Phillips 47% 1-year accuracy 7 / 15 met price target | 1%upside $42 | Equal-Weight Upgraded | 20 Nov 2024 |
Keefe, Bruyette & Woods Thomas McJoynt-Griffith 62% 1-year accuracy 8 / 13 met price target | 49%downside $21 | Underperform Downgraded | 7 Nov 2024 |
Financial journalist opinion
Based on 15 articles about LMND published over the past 30 days