Hippo Holdings Inc. (NYSE:HIPO – Get Free Report) CFO Guy Zeltser sold 1,669 shares of the firm’s stock in a transaction dated Tuesday, July 28th. The stock was sold at an average price of $30.98, for a total value of $51,705.62. Following the sale, the chief financial officer directly owned 120,563 shares in the company, valued at approximately $3,735,041.74. This represents a 1.37% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.
Hippo Price Performance
Shares of HIPO opened at $31.36 on Friday. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.99 and a current ratio of 0.99. The stock has a 50 day simple moving average of $27.30 and a 200 day simple moving average of $27.61. Hippo Holdings Inc. has a 52-week low of $24.08 and a 52-week high of $38.98. The firm has a market capitalization of $32.61 million, a PE ratio of 6.74 and a beta of 1.49.
Hippo (NYSE:HIPO – Get Free Report) last posted its earnings results on Thursday, July 30th. The company reported $0.79 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.17) by $0.96. The business had revenue of $144.70 million during the quarter, compared to analysts’ expectations of $137.44 million. Hippo had a return on equity of 10.86% and a net margin of 23.92%. Sell-side analysts predict that Hippo Holdings Inc. will post 0.95 EPS for the current fiscal year.
Key Headlines Impacting Hippo
- 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
Hedge Funds Weigh In On Hippo
Hedge funds have recently made changes to their positions in the business. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Hippo in the fourth quarter valued at approximately $26,000. Altshuler Shaham Ltd boosted its holdings in Hippo by 270.4% during the fourth quarter. Altshuler Shaham Ltd now owns 1,000 shares of the company’s stock worth $30,000 after purchasing an additional 730 shares during the last quarter. Quantbot Technologies LP bought a new position in Hippo in the second quarter valued at $33,000. Torren Management LLC bought a new position in Hippo in the fourth quarter valued at $55,000. Finally, Kemnay Advisory Services Inc. bought a new position in Hippo in the fourth quarter valued at $56,000. 43.01% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades
A number of equities research analysts recently commented on the stock. B. Riley Financial started coverage on shares of Hippo in a report on Friday, April 17th. They set a “buy” rating and a $38.00 price objective on the stock. Keefe, Bruyette & Woods upped their target price on shares of Hippo from $32.00 to $33.00 and gave the stock a “market perform” rating in a research note on Wednesday, July 8th. Weiss Ratings upgraded Hippo from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, May 4th. Finally, Texas Capital upgraded Hippo to a “strong-buy” rating in a report on Tuesday, June 9th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $38.67.
Check Out Our Latest Stock Analysis on HIPO
Hippo Company Profile
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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