Hippo Holdings Inc. (NYSE:HIPO – Get Free Report) CFO Guy Zeltser sold 1,669 shares of the firm’s stock in a transaction that occurred on Tuesday, July 28th. The shares were sold at an average price of $30.98, for a total transaction of $51,705.62. Following the completion of the transaction, the chief financial officer owned 120,563 shares in the company, valued at $3,735,041.74. The trade was a 1.37% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.
Hippo Trading Down 1.6%
Shares of HIPO stock opened at $31.36 on Friday. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 0.11. Hippo Holdings Inc. has a fifty-two week low of $24.08 and a fifty-two week high of $38.98. The firm’s 50 day moving average price is $27.30 and its two-hundred day moving average price is $27.61. The stock has a market cap of $32.61 million, a price-to-earnings ratio of 6.74 and a beta of 1.49.
Hippo (NYSE:HIPO – Get Free Report) last released its quarterly earnings data on Thursday, July 30th. The company reported $0.79 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.17) by $0.96. Hippo had a net margin of 23.92% and a return on equity of 10.86%. The company had revenue of $144.70 million during the quarter, compared to analyst estimates of $137.44 million. On average, analysts anticipate that Hippo Holdings Inc. will post 0.95 EPS for the current year.
Hippo News Roundup
- Positive Sentiment: Fifth consecutive profitable quarter: Hippo reported second-quarter GAAP net income of $10 million, or $0.38 per diluted share, and adjusted net income of $21 million, or $0.79 per share. Adjusted EPS substantially exceeded the approximately $0.21 analyst consensus and increased from $0.65 a year earlier. Hippo posts fifth straight profitable quarter, raises full-year guidance
- Positive Sentiment: Revenue beat expectations: Second-quarter revenue reached $144.7 million, ahead of the roughly $137.4 million Wall Street estimate. Hippo also posted a 23.45% net margin and 12.17% return on equity, reinforcing the company’s improving profitability. Hippo Q2 earnings and revenues surpass estimates
- Positive Sentiment: Full-year outlook improved: Management provided fiscal 2026 revenue guidance of $580 million to $585 million, above the $568.2 million consensus estimate. The guidance increase suggests confidence in continued growth and may support a higher valuation for the technology-focused home insurer. Hippo Reports Second Quarter 2026 Financial Results
- Negative Sentiment: CFO reduced his stake: Chief Financial Officer Guy Zeltser sold 1,669 shares for approximately $51,706, decreasing his direct ownership by 1.37%. He retained 120,563 shares, making the sale relatively small, but insider selling can still weigh modestly on sentiment. SEC insider trading filing
Institutional Investors Weigh In On Hippo
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Tudor Investment Corp ET AL purchased a new position in Hippo in the 3rd quarter valued at about $963,000. Hsbc Holdings PLC acquired a new stake in shares of Hippo during the fourth quarter valued at about $620,000. Dimensional Fund Advisors LP increased its position in shares of Hippo by 8.2% during the first quarter. Dimensional Fund Advisors LP now owns 394,907 shares of the company’s stock worth $10,291,000 after acquiring an additional 29,993 shares during the last quarter. Sei Investments Co. increased its position in shares of Hippo by 25.4% during the first quarter. Sei Investments Co. now owns 161,440 shares of the company’s stock worth $4,207,000 after acquiring an additional 32,728 shares during the last quarter. Finally, SG Americas Securities LLC lifted its stake in shares of Hippo by 11.7% in the fourth quarter. SG Americas Securities LLC now owns 10,135 shares of the company’s stock worth $305,000 after acquiring an additional 1,058 shares in the last quarter. Hedge funds and other institutional investors own 43.01% of the company’s stock.
Wall Street Analysts Forecast Growth
Several research analysts have commented on HIPO shares. B. Riley Financial began coverage on Hippo in a research report on Friday, April 17th. They issued a “buy” rating and a $38.00 price objective on the stock. Texas Capital raised Hippo to a “strong-buy” rating in a research report on Tuesday, June 9th. Weiss Ratings upgraded Hippo from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday, May 4th. Finally, Keefe, Bruyette & Woods raised their target price on Hippo from $32.00 to $33.00 and gave the company a “market perform” rating in a report on Wednesday, July 8th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $38.67.
View Our Latest Analysis on Hippo
About Hippo
Hippo Enterprises Inc is a technology-driven home insurance company that offers modernized homeowners insurance products through a digital-first platform. Leveraging data analytics, artificial intelligence and smart home devices, the company designs tailored coverage plans intended to streamline the underwriting process and deliver more comprehensive protection for homeowners. Hippo’s policies typically include standard dwelling coverage, personal property protection and liability insurance, along with optional add-ons such as water backup, home computer systems and equipment breakdown coverage.
Through its online portal and partner network of licensed insurance agents, Hippo provides policyholders with a range of services aimed at minimizing risk and preventing losses before they occur.
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