SoftBank reduces Lemonade stake – Globes

Japanese funding large SoftBank not too long ago is now not a celebration in curiosity in Israeli digital insurance coverage firm Lemonade (NYSE: LMND), which over the weekend reported its shareholders on the finish of the third quarter of 2025. The report exhibits that SoftBank continued decreasing its holdings in Lemonade and in the course of the third quarter bought 40% of its shares.

Because the finish of 2024, SoftBank’s holding within the digital insurance coverage firm has declined by about 67%. On the finish of the third quarter, SoftBank held about 3.6 million Lemonade shares, which is about 4.8% of Lemonade’s share fairness. Because of this, it’s now not a celebration in curiosity within the firm. SoftBank invested in Lemonade when it was a non-public firm, and on the time of its preliminary public providing (IPO) in New York in 2020, it held over 25% of the corporate’s shares.

Lemonade share worth fell 6% final week, after the corporate’s inventory reached a greater than 4-year peak at first of the week. Lemonade, managed by cofounders Daniel Schreiber (CEO) and Shai Wininger (president), has a market cap of $5.268 billion. The inventory’s peak got here after the corporate revealed better-than-expected monetary outcomes for the third quarter, wherein income grew 42.4% to $195 million, GAAP web loss narrowed 44.6% to $37.5 million, and adjusted EBITDA was unfavourable at $25.6 million, an enchancment of 47.8% in contrast with the corresponding quarter.

Revealed by Globes, Israel enterprise information – en.globes.co.il – on November 16, 2025.

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