Insider Selling: Lemonade (NYSE:LMND) Insider Sells 223 Shares of Stock

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Lemonade (NYSE:LMND) director Maya Prosor sold 223 shares of company stock for $11,176.76 on March 3rd, reducing her holding by 2.92%. Despite this insider sale, Lemonade’s stock traded up on March 5th, with a market cap of $4.20 billion and a 1-year trading range of $24.31 to $99.90. The company recently beat earnings per share estimates with a 53.3% year-over-year revenue increase, though it still reports negative margins, and analysts currently rate the stock as a “Hold.”

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