American Century Companies Inc. raised its stake in shares of Lemonade, Inc. (NYSE:LMND – Free Report) by 12.7% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 86,757 shares of the company’s stock after purchasing an additional 9,793 shares during the quarter. American Century Companies Inc. owned approximately 0.12% of Lemonade worth $1,431,000 at the end of the most recent reporting period.
Several other institutional investors have also added to or reduced their stakes in LMND. Van ECK Associates Corp boosted its holdings in shares of Lemonade by 12.1% during the 2nd quarter. Van ECK Associates Corp now owns 17,774 shares of the company’s stock valued at $293,000 after buying an additional 1,915 shares in the last quarter. Price T Rowe Associates Inc. MD grew its holdings in Lemonade by 9.8% in the first quarter. Price T Rowe Associates Inc. MD now owns 24,609 shares of the company’s stock worth $404,000 after purchasing an additional 2,196 shares during the period. State Board of Administration of Florida Retirement System grew its holdings in Lemonade by 18.7% in the first quarter. State Board of Administration of Florida Retirement System now owns 17,226 shares of the company’s stock worth $283,000 after purchasing an additional 2,710 shares during the period. Charles Schwab Investment Management Inc. increased its stake in shares of Lemonade by 1.5% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 459,824 shares of the company’s stock valued at $7,417,000 after purchasing an additional 6,809 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. lifted its holdings in shares of Lemonade by 8.8% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 112,938 shares of the company’s stock valued at $1,853,000 after purchasing an additional 9,107 shares during the last quarter. 80.30% of the stock is currently owned by institutional investors.
Lemonade Stock Down 0.6 %
Lemonade stock opened at $16.95 on Monday. Lemonade, Inc. has a twelve month low of $10.27 and a twelve month high of $24.55. The company has a market capitalization of $1.20 billion, a P/E ratio of -5.42 and a beta of 1.78. The stock’s 50 day moving average is $18.17 and its 200 day moving average is $17.40.
Insider Transactions at Lemonade
In other Lemonade news, CFO Timothy E. Bixby sold 2,050 shares of the stock in a transaction on Tuesday, September 10th. The stock was sold at an average price of $18.24, for a total transaction of $37,392.00. Following the sale, the chief financial officer now directly owns 271,552 shares in the company, valued at approximately $4,953,108.48. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 12.50% of the company’s stock.
About Lemonade
Lemonade, Inc provides various insurance products through various channels in the United States, Europe, and the United Kingdom. Its insurance products include stolen or damaged property, and personal liability that protects its customers if they are responsible for an accident or damage to another person or their property.
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