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Lemonade (NYSE:LMND) Insider John Sheldon Peters Sells 3,571 Shares
Lemonade (NYSE:LMND) insider John Sheldon Peters recently sold 3,571 shares of the company’s stock for a total of $187,477.50, reducing his stake by 4.45%. This sale is part of a series of share disposals by Peters earlier this year. Despite this insider selling, Lemonade reported better-than-expected quarterly earnings but continues to face challenges with profitability and negative margins, leading to a “Hold” consensus rating from analysts.