Eckstein Adina, an insider at Lemonade Inc (LMND), sold 204,229 shares of the company's stock at a price of $77.17 per share, resulting in a total transaction value of $15.76 million. Following this sale, Adina retains 204,229 shares in the firm.
This transaction highlights the ongoing activity among insiders at Lemonade, a holding company that provides insurance services and is headquartered in New York City. The company, which went public on July 2, 2020, operates across the United States and Europe, including the United Kingdom, employing 1,235 full-time staff. Its technology-driven approach integrates various aspects of insurance, from marketing to claims processing.
Lemonade Inc currently has a market capitalisation of $5.8 billion and reports a trailing twelve-month earnings per share (EPS) of -2.38. The firm is scheduled to announce its upcoming earnings on May 4, 2026, with an estimated EPS of -0.54 and revenue of $249.0 million.
Insider transactions must be reported to the SEC, providing a level of transparency regarding how company executives perceive their stock holdings. While the sale by a single insider can offer insights, it is essential for investors to consider broader patterns of insider activity across multiple individuals and time frames for a more comprehensive understanding of market signals.