SoftBank Group Capital Ltd

10% owner SoftBank Capital sells 887,282 shares over 2 days for $28.8M at blended avg $32.51; exits 11.1% of stake

SoftBank Group Capital Ltd, a 10% shareholder, executed 5 separate sales totaling 887,282 shares for $28,843,057.78 on May 12–13, reducing its stake from 8.00M to 7.11M shares (an 11.1% reduction). The sales occurred at prices ($31.92–$33.12) near the blended average of $32.51, which is 3.4% above the current price of $31.45 but 39.3% below the 52-week high of $51.81. The timing coincides with LMND trading up 17.0% over the prior 30 days, yet the company remains unprofitable with net income of $-62,400,000.00 on revenue of $151,200,000.00. SoftBank's prior 5 trades at LMND (all sells on May 7–9) have not yet reached measurable 30- or 90-day outcomes, making it difficult to assess whether this concentrated 2-day unwind signals conviction about valuation or reflects portfolio rebalancing by a large institutional holder.

SoftBank Group Capital Ltd sells 971,960 shares (972.0K) at $31.19 avg for $30.3M, reducing stake from 8.97M to 8.00M.

SoftBank Group Capital Ltd, a 10% owner, executed 3 separate sales totaling 971,960 shares for $30,310,971.34 between 2025-05-08 and 2025-05-09 at an average price of $31.19, reducing holdings by 10.8%. The sales occurred during a period of recent strength—the stock has posted a +21.3% gain over the prior 30 days—yet at a level 38.3% below the 52-week high of $51.81, suggesting execution during a recovery phase rather than near-peak valuations. This is the latest in a series of recent same-ticker sales at LMND spanning 2025-05-07 to 2025-05-12, all of which remain too recent to assess directional accuracy. Notably, the company remains unprofitable (net income of $-62,400,000.00 in the latest quarter) despite annual revenue growth of 22.5%, which provides backdrop context for a significant holder's deliberate reduction in exposure.

SoftBank Group Capital Ltd (10% owner) sold 316,122 shares of LMND for $9,844,883.26 at $31.14 blended average on 2025-05-07

SoftBank Group Capital Ltd executed three separate sales totaling 316,122 shares for $9,844,883.26, reducing its stake from 9,286,805 to 8,970,683 shares (-3.4% of pre-transaction holdings). The sales occurred at prices ($30.66, $31.51, $32.01) near current levels ($31.07), suggesting execution without material price movement, though the stock trades -40.0% from its 52-week high of $51.81 and has declined -15.4% over the past 90 days. Lemonade is unprofitable (net income of $-62,400,000 on latest quarterly revenue of $151,200,000) despite 22.5% annual revenue growth, and SoftBank's cross-ticker track record shows 18 prior open-market sells with a 100.00% well-timed rate (90-day returns were negative following those sales), though same-ticker outcomes at LMND are not yet measurable. This large reduction in a concentrated position by a major investor warrants close attention to whether market conditions or company fundamentals influenced the timing.

SoftBank Group Capital Ltd sold 729,179 shares (729.2K) in LMND for $22.4M, reducing 10% stake by 7.3%; stock down 41.0% from 52-week high.

SoftBank Group Capital Ltd, a 10% owner of Lemonade, executed four separate sales totaling 729,179 shares for $22,434,472.94 on May 5–6, 2025, at prices ranging from $30.27 to $32.29 and a blended average of $30.77. The transaction reduced its holdings from 10,015,984 shares to 9,286,805 shares, representing a 7.3% reduction in its stake. The sales occurred as LMND trades 41.0% below its 52-week high of $51.81, though the stock has rallied 8.7% over the prior 30 days. The company remains unprofitable with a net loss of $62,400,000 on $151,200,000 in quarterly revenue, despite strong 22.5% annual revenue growth. Across the insider's cross-ticker track record, prior sales have exhibited a 100.00% well-timed rate at the 90-day horizon, though at LMND specifically, the insider has no prior measurable 90-day outcomes to reference, and the most recent same-ticker outcome (March 26 sale) showed a 30-day decline of 20.7%.

SoftBank Group Capital Ltd sold 422.2K LMND shares at $30.17 on 2025-05-02; still holds 10.02M shares (10% owner). Stock now -41.5% from 52-week high.

SoftBank Group Capital Ltd, a 10% owner, sold 422,177 shares of Lemonade at $30.17, reducing its stake by 4.0% while maintaining a substantial 10.02M-share position. The sale occurred when LMND is trading -41.5% from its 52-week high of $51.81, despite a 7.6% rebound over the prior 30 days. Lemonade remains unprofitable with a net income of $-62.4M against revenue of $151.2M, though the company posted 22.5% year-over-year revenue growth. SoftBank's cross-ticker track record shows a 100.00% well-timed rate on sells (where negative subsequent 90-day returns confirm good timing), but at LMND specifically, 0 of its prior measurable same-ticker sells were well-timed at the 90-day mark, suggesting this insider's transaction timing at this particular holding does not match its broader track record of exit execution.

SoftBank Capital sold 42,160 shares of LMND at $37.22 on 2025-03-26; stock now $32.47, down 37.3% from 52-week high

SoftBank Group Capital Ltd, a 10% shareholder, sold 42,160 shares at $37.22 on 2025-03-26 worth $1,569,300.60, reducing holdings from 10,494,636 to 10,452,476 shares. The transaction occurred near the stock's 52-week peak and preceded a subsequent decline; the stock now trades at $32.47, -37.3% below its 52-week high, though +3.1% over the prior 30 days. At LMND specifically, this insider's prior two measurable sales (both on 2024-12-17) produced -23.8% and -25.4% 30-day returns, and -14.6% and -16.4% 90-day returns, with 2 of 2 prior sells well-timed at the 90-day mark. The sale carries weight given the insider's substantial remaining holdings (10.45M shares), but the -0.4% reduction is modest; notably, LMND remains unprofitable (net income of $-67.7M on revenue of $136.6M), which contextualizes the framing around valuation.

SoftBank Capital (10% owner) sells 204,575 shares at $37.08 avg for $7.6M, reducing stake 1.9%

SoftBank Group Capital Ltd, a 10% shareholder, executed 3 separate sales totaling 204,575 shares for $7,584,667.15 on 2025-03-24, reducing its position from 10.70M to 10.49M shares. This follows a strong historical pattern at LMND: all 4 prior measurable sales at this ticker resulted in negative 90-day returns (-23.8%, -25.4%, -28.3%, -27.4%), with a 100% well-timed rate on LMND itself. The current stock price of $34.28 is -33.8% from the 52-week high, and down -22.4% over 90 days—further validating the insider's sell timing. SoftBank's cross-ticker track record reinforces the pattern (7 prior sells, 100% well-timed at 90d). The seller retained a substantial 10.49M-share stake, consistent with a long-term holder executing a partial liquidation rather than full exit.

SoftBank Capital sells 1,277,106 shares of LMND for $56,040,988.55 across 6 transactions, reducing stake from 11.98M to 10.71M shares.

SoftBank Group Capital Ltd, a 10% owner, executed 6 separate sales totaling 1,277,106 shares for $56,040,988.55 on 2024-12-16 and 2024-12-17, reducing its holding by 10.7% from 11,983,384 shares to 10,706,278 shares. The blended average sale price of $43.88 sits 12% above the current price of $39.18, while the stock trades -24.4% below its 52-week high of $51.81. Lemonade is unprofitable (net income: -$67,700,000 on revenue of $136,600,000 in the latest quarter) and trades at a $2.8B market cap despite burning cash, though the company demonstrated 67.4% annual revenue growth. A major shareholder's divestiture of this scale, following a 112.7% 90-day rally, warrants examination of the underlying financial trajectory and whether SoftBank's capital allocation signals have shifted.