Sparta 24 Ltd. Makes New Investment in Lemonade, Inc. $LMND
Sparta 24 Ltd. has made a new significant investment in Lemonade, Inc. (NYSE:LMND), purchasing 169,338 shares valued at approximately $12.05 million in Q4, making it 10.7% of Sparta's portfolio and their 4th largest holding. Despite Lemonade beating earnings estimates, the company remains unprofitable. Analyst sentiment for Lemonade is mixed, with a consensus "Hold" rating and an average price target of $64.88, while institutional investors hold a substantial 80.3% of the stock.
https://www.marketbeat.com/instant-alerts/filing-sparta-24-ltd-makes-new-investment-in-lemonade-inc-lmnd-2026-05-01/