Lemonade, Inc. $LMND Shares Bought by Y Intercept Hong Kong Ltd

Posted by Stanley Muller on Jul 9th, 2026

Y Intercept Hong Kong Ltd increased its stake in Lemonade, Inc. (NYSE:LMND – Free Report) by 366.0% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 38,430 shares of the company’s stock after purchasing an additional 30,184 shares during the period. Y Intercept Hong Kong Ltd’s holdings in Lemonade were worth $2,409,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently bought and sold shares of LMND. Caitong International Asset Management Co. Ltd increased its stake in Lemonade by 8,080.0% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 409 shares of the company’s stock valued at $29,000 after purchasing an additional 404 shares in the last quarter. Strategic Advocates LLC acquired a new stake in shares of Lemonade during the third quarter worth $33,000. Northwestern Mutual Wealth Management Co. acquired a new stake in shares of Lemonade during the fourth quarter worth $33,000. Torren Management LLC acquired a new stake in shares of Lemonade during the fourth quarter worth $35,000. Finally, NewEdge Advisors LLC purchased a new stake in shares of Lemonade during the first quarter valued at $35,000. Hedge funds and other institutional investors own 80.30% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently issued reports on LMND shares. TD Cowen reissued a “hold” rating on shares of Lemonade in a research report on Monday, June 8th. Keefe, Bruyette & Woods lifted their price target on Lemonade from $44.00 to $48.00 and gave the stock an “underperform” rating in a research report on Wednesday. Truist Financial dropped their price target on Lemonade from $98.00 to $70.00 and set a “buy” rating on the stock in a research note on Wednesday, April 29th. Piper Sandler cut their price objective on Lemonade from $65.00 to $62.00 and set a “neutral” rating on the stock in a report on Thursday, April 30th. Finally, Morgan Stanley restated an “equal weight” rating and issued a $75.00 price objective on shares of Lemonade in a research note on Wednesday. Four investment analysts have rated the stock with a Buy rating, three have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat.com, Lemonade presently has an average rating of “Hold” and an average target price of $65.33.

Read Our Latest Analysis on LMND

Insider Activity

In other Lemonade news, insider Maya Prosor sold 1,220 shares of Lemonade stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $53.17, for a total transaction of $64,867.40. Following the completion of the transaction, the insider owned 187,573 shares in the company, valued at approximately $9,973,256.41. This trade represents a 0.65% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider John Sheldon Peters sold 3,444 shares of the business’s stock in a transaction dated Monday, July 6th. The shares were sold at an average price of $79.00, for a total value of $272,076.00. Following the completion of the transaction, the insider directly owned 77,942 shares of the company’s stock, valued at approximately $6,157,418. This trade represents a 4.23% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 10,007 shares of company stock worth $620,201 over the last ninety days. 14.70% of the stock is owned by insiders.

Key Lemonade News

Here are the key news stories impacting Lemonade this week:

Positive Sentiment: Lemonade expanded its renters insurance product into Vermont, broadening its addressable market and reinforcing its push to scale its tech-driven insurance platform. Lemonade Expands Renters Insurance to Vermont
Positive Sentiment: Morgan Stanley reaffirmed its equal weight rating and set a $75 price target, suggesting modest upside from recent trading levels. Morgan Stanley Reaffirms Equal Weight Rating
Neutral Sentiment: Zacks highlighted Lemonade’s strong 88.7% share gain over the past year, citing AI-driven growth and improving underwriting, but also noting that the stock’s valuation remains rich. Lemonade Stock Surges 88.7% in a Year: How Should You Play the Stock?
Neutral Sentiment: Keefe, Bruyette & Woods raised its price target to $48 but kept an underperform rating, signaling that the firm still sees meaningful downside after the recent rally. Keefe, Bruyette & Woods Raises Target but Keeps Underperform
Negative Sentiment: Insider John Sheldon Peters sold 3,444 shares, a transaction that can be read as a lack of near-term conviction and may add to pressure on LMND. John Sheldon Peters Insider Sale
Negative Sentiment: A market commentary piece said the stock is no longer a buy after its sharp run-up, with valuation now viewed as fairly priced rather than cheap. Why Lemonade Stock Wilted by Almost 9% on Wednesday

Lemonade Price Performance

LMND stock opened at $70.89 on Thursday. The company has a market capitalization of $5.45 billion, a P/E ratio of -37.91 and a beta of 1.79. Lemonade, Inc. has a 12 month low of $35.70 and a 12 month high of $99.90. The firm’s fifty day simple moving average is $58.64 and its 200-day simple moving average is $65.18.

Lemonade (NYSE:LMND – Get Free Report) last issued its earnings results on Tuesday, April 28th. The company reported ($0.47) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.58) by $0.11. The firm had revenue of $258.00 million during the quarter, compared to analysts’ expectations of $251.51 million. Lemonade had a negative net margin of 16.44% and a negative return on equity of 26.52%. The firm’s revenue was up 70.6% compared to the same quarter last year. During the same quarter last year, the company posted ($0.86) earnings per share. As a group, sell-side analysts forecast that Lemonade, Inc. will post -1.71 earnings per share for the current year.

About Lemonade

(Free Report)

Lemonade, Inc (NYSE: LMND) is a New York–based technology-driven insurance carrier that leverages artificial intelligence and behavioral economics to streamline the purchase and management of policies. Founded in 2015, the company offers renters, homeowners, pet, term life and car insurance products tailored for digitally savvy consumers. By automating underwriting and claims processing through chatbots and machine learning, Lemonade aims to deliver a more transparent and user-friendly experience than traditional insurers.

The company’s product suite includes standalone policies for renters and homeowners, customizable pet insurance plans, and term life coverage with simple online applications.