ARS Wealth Advisors Group 13F: Exits Lemonade (LMND) Stake

ARS Wealth Advisors Group has sold out of its position in Lemonade, Inc. (NYSE: LMND), exiting completely with a sale of 3,640 shares.

What Changed in ARS Wealth Advisors Group's Lemonade Position

ARS Wealth Advisors Group has reduced its stake in Lemonade, Inc. to zero, selling all 3,640 shares they previously held. This move indicates a complete exit from their investment.

Other Institutional Activity in Lemonade

Other institutional investors have made some notable moves in Lemonade, Inc. Blackrock Inc. grew its holdings by 1,078,772 shares, ending with 6,047,782 shares worth about $267.3 million. JPMorgan Chase & Co added 129,992 shares, bringing its total to 5,392,829 shares valued at approximately $238.4 million. Vanguard Portfolio Management LLC increased its stake by 158,641 shares to hold 3,140,615 shares worth around $138.8 million. Vanguard Capital Management LLC added 53,118 shares, now owning 3,071,174 shares valued at about $135.7 million. In contrast, Baillie Gifford & Co reduced its stake by 15,492 shares, resulting in 2,751,019 shares worth about $121.6 million.

Lemonade, Inc. Stock Up 0.1%

Lemonade's stock is currently trading around $43.92. This price is more than 56% below its 52-week high of $99.90 and significantly below its 50-day moving average of $49.52 and 200-day average of $60.40. With a mean target price of $58.44 from analysts, the stock still has room for growth, but its current position suggests it is struggling.

Recent Earnings

For the trailing twelve months, Lemonade reported a revenue of $975 million. However, it reported a net margin of -14.2% and a negative return on equity of -27.0%. The company's next earnings report is expected on November 4, 2026.

Insider Buying and Selling at Lemonade, Inc.

In recent insider trades, several executives sold shares. Officer John Sheldon Peters sold 11,000 shares on August 13, 2026, for about $578,050, and Chief Financial Officer Timothy E. Bixby sold 1,893 shares on September 3, 2026, valued at approximately $103,415. Similarly, Officer Maya Prosor sold 1,040 shares on the same day, totaling around $56,815.

Analysts Set New Price Targets

On October 6, 2026, Morgan Stanley maintained its rating of 'Equal-Weight' for Lemonade with a price target of $48. This was a decrease from a previous target of $56. Earlier, on July 30, 2026, Piper Sandler also maintained a rating of 'Neutral', adjusting its price target down to $51 from $75.

About Lemonade

Lemonade, Inc. provides various types of insurance products, including renters, homeowners, and pet insurance, primarily in the U.S., Europe, and the UK. They focus on using technology to streamline the insurance process, appealing to a younger demographic.

Bottom Line

Investors should watch Lemonade's upcoming earnings report on November 4, 2026, as well as any potential changes in institutional holdings following this significant exit by ARS Wealth Advisors Group. Note that 13F filings, such as this one, reflect holdings as of the quarter ended and may not represent current positions.