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No insider purchase over the last 90 days. The latest was filed 30 Mar 2026.
Lemonade, Inc.: what insiders have been doing
Headquartered in New York City, United States, Lemonade, Inc. belongs to the Banks sector and traces its origins to 2015. Filings by its managers are published through SEC (Form 4). Between 18 October 2025 and 18 October 2026, 13 insiders published 48 filings.
All open-market trades in the period are sales: 21 sales worth €21.7M, by 6 insiders, with no purchase on record. Biggest ticket of the year: €10.3M, sold by Schreiber Daniel A. and made public on 23 January 2026.
Across the 5,816 companies tracked on its exchange, the median is 19 filings; at 48 filings, this issuer sits above that mark. Since 2021, the database holds 3 purchases and 69 sales by insiders of the company. On the fundamentals side, the SEC filing (10-K) for the period ending 31 December 2025 lists revenue at 737.9 m USD and net income at -165.5 m USD.
The median gap between a trade and its publication by SEC (Form 4) is 2 days. For comparison, the SEC allows two business days to file a Form 4. A sale on its own says little: insiders also sell to pay tax, fund a purchase or diversify.
In the same sector, recent insider purchases at First Guaranty Bancshares, Inc. and BCB Bancorp Inc also feature in our signals. These figures are compiled from regulatory filings published by SEC (Form 4). They describe what insiders did and are not a recommendation.
Insider Decl.
162
Thresholds
n/a
Buy Volume
€839,211
3 ops. · all time
Sell Volume
€84M
69 ops. · all time
Who traded when
BuySaleJohn Sheldon Peters14 sales
SoftBank Group Capital Ltd11 sales
Timothy E. Bixby10 sales
Maya Prosor9 sales
Adina Eckstein2 sales
Daniel A. Schreiber2 sales
+3 other insiders
Since the insiders bought
- +122.3%Entry US$31.71 · Close at T+365 US$70.49
- +150.0%Entry US$16.20 · Close at T+365 US$40.50
Entry is the close on the day after publication, the first price a reader could act on. Prices in the listing currency. Past moves are not a forecast.
Analyst consensus: bullish or bearish?
Analysts rate Lemonade, Inc. Hold (neutral), based on 9 analysts. Average price target: US$58.44.
This score ranks the purchase within its own market. A position size is suggested only on the venues of the backtested strategy universe; elsewhere, signals stay on watch. Not investment advice.
Fundamental score
Ranked 22,490 of 24,148 companies
18.5
score / 100
Value28
Quality9
FCF yld-0.8%
Earn yld-4.8%
EV/EBITDA·
ROE-27%
Gross mgn·
Net mgn-22%
Debt/EBITDA·
Pillars2/3
Transparent value + quality ranking, distinct from the insider signal.
Financial data
as of FY 2025FY ended December 2025 · cache
US$44.71
Analyst consensus
9 analystsHold
US$38.00Target US$58.44(+31%)US$92.00
Income statement
RevenueUS$737.9M
EBITDA-US$92.1M-12% margin
Net income-US$165.5M-14.2% margin
Valuation
PER (forward)-51.4x
P/Book6.9x
Beta1.87
Balance sheet & cash
Market capUS$3.5B
Total debtUS$182.1M
Free Cash Flow-US$25.9M
Debt / Equity45%
Profitability & ownership
ROE-27.0%
ROA-3.3%
% insiders8.6%
% institutions61.4%
Last declaration on 8 September 2026
Declarations162 total
1,893 shares@ US$54.630.0030% mcap0.6% of flowCOMMON STOCKSEC:0001232142-26-000008:0
859 shares@ US$54.630.0013% mcap0.7% of flowCOMMON STOCKSEC:0001816299-26-000023:0
1,040 shares@ US$54.630.0016% mcap2.2% of flowCOMMON STOCKSEC:0002011118-26-000008:0
2,249 shares@ US$54.450.0035% mcap1.8% of flowCommonSEC144:0001959173-26-006739
1,876 shares0COMMON STOCKSEC:0001803365-26-000004:0
1,040 shares@ US$54.6310.0016% mcap2.2% of flowCommonSEC144:0001959173-26-006705
859 shares@ US$54.6310.0013% mcap0.7% of flowCommonSEC144:0001959173-26-006712
1,893 shares@ US$54.6310.0030% mcap0.6% of flowCommonSEC144:0001959173-26-006707
11,000 shares@ US$52.550.017% mcap8.6% of flowCOMMON STOCKSEC:0001816299-26-000021:0
11,000 shares@ US$52.54550.017% mcap8.6% of flowCommonSEC144:0001959173-26-005978
10,000 shares0COMMON STOCKSEC:0001816299-26-000019:0
73,000 shares@ US$79.180.17% mcap36.0% of flowCOMMON STOCKSEC:0001232142-26-000006:0
73,000 shares@ US$79.18430.17% mcap36.0% of flowCommonSEC144:0001959173-26-005151
3,444 shares@ US$79.000.0079% mcap4.1% of flowCommonSEC144:0001959173-26-005111
2,227 shares@ US$53.170.0026% mcap0.7% of flowCOMMON STOCKSEC:0001232142-26-000004:0
2,848 shares0COMMON STOCKSEC:0002039057-26-000006:0
3,608 shares@ US$52.940.0050% mcap2.8% of flowCommonSEC144:0001959173-26-004334
2,227 shares@ US$53.17320.0031% mcap0.7% of flowCommonSEC144:0001959173-26-004320
1,220 shares@ US$53.17320.0017% mcap2.5% of flowCommonSEC144:0001959173-26-004321
1,735 shares@ US$53.17320.0024% mcap1.4% of flowCommonSEC144:0001959173-26-004322
820,000 shares0COMMON STOCKSEC:0001803365-26-000002:0
820,000 shares0COMMON STOCKSEC:0001815651-26-000006:0
3,350 shares@ US$55.3020.2% of flowCOMMON STOCKSEC:0002039057-26-000002:0
181,389 shares0COMMON STOCKSEC:0002011118-26-000004:0
145,112 shares0COMMON STOCKSEC:0001874702-26-000002:0
25 of 162 declarations
About Lemonade, Inc.
Lemonade, Inc. (ticker: LMND) is a U.S.-based digital insurer listed on the NYSE, in the United States. Founded in 2015 and commercially launched in 2016 by Daniel Schreiber and Shai Wininger, the company was built around an AI-native insurance model designed to automate quotation, underwriting, claims handling, and much of the customer journey. Its corporate headquarters is at 5 Crosby Street, New York, NY 10013. ([lemonade.com](https://www.lemonade.com/blog/lemonade-turns-ten/?utm_source=openai))
Lemonade operates across property and casualty insurance as well as life insurance. Its core product suite includes renters, homeowners, pet, car, and life insurance. The company positions itself as a digital-first insurer with a fast quote experience through its app and website, AI-assisted claims processing, and a lean operating model. A notable part of its brand proposition is the “Giveback” mechanism, under which unused premiums are donated to charities selected by customers, reinforcing the company’s mission-driven positioning. ([lemonade.com](https://www.lemonade.com/investor?utm_source=openai))
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From a competitive standpoint, Lemonade is a technology challenger to established incumbents, initially focusing on products that are more standardized and easier to distribute digitally. The company emphasizes that its platform is multilingual and scalable across both the United States and Europe. According to recent company disclosures, Lemonade is licensed to sell renters, homeowners, pet, and/or car insurance policies in all 50 U.S. states and Washington, D.C., and as of December 31, 2025 it was actively operating in 41 states plus Washington, D.C. It also offers products in parts of Europe and the United Kingdom. ([lemonade.com](https://www.lemonade.com/investor-relations-bo/wp-content/uploads/docs/LMND-2025-Form-10-K_FINAL.pdf?utm_source=openai))
Geographically, the business remains primarily U.S.-centric, but international expansion is an important long-term growth lever. The recent rollout of car insurance state by state, including Indiana in 2025, illustrates the company’s strategy of broadening its addressable market through product expansion and regulatory licensing. Management has repeatedly highlighted that cross-selling additional products to existing customers should improve lifetime value and support scale economics over time. ([lemonade.com](https://www.lemonade.com/investor/news/lemonade-car-indiana?utm_source=openai))
Recent milestones include board additions in 2025 from leaders with deep AI and digital marketing backgrounds, underscoring Lemonade’s emphasis on artificial intelligence and brand-building. The company’s 2026 updates also point to continued growth in customers and in-force premium, alongside improving operating leverage. For investors, LMND remains a high-growth, higher-volatility insurance name, with execution risk tied to underwriting discipline, claims severity, reinsurance, regulatory oversight, and the company’s ability to scale profitably against large incumbent insurers. ([lemonade.com](https://www.lemonade.com/investor/news/lemonade-adds-metas-vp-of-ai-products-to-its-board-of-directors?utm_source=openai))
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