Torben Ostergaard Sells 6,105 Shares of Hippo (NYSE:HIPO) Stock

Hippo Holdings Inc. (NYSE:HIPO) CEO Torben Ostergaard sold 6,105 shares of the business’s stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $28.57, for a total value of $174,419.85. Following the completion of the sale, the chief executive officer owned 46,694 shares of the company’s stock, valued at $1,334,047.58. The trade was a 11.56% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link.

Hippo Trading Up 0.8%

Shares of NYSE HIPO opened at $28.54 on Friday. Hippo Holdings Inc. has a twelve month low of $19.92 and a twelve month high of $38.98. The firm has a market cap of $722.92 million, a PE ratio of 7.88 and a beta of 1.57. The business has a fifty day simple moving average of $30.24 and a two-hundred day simple moving average of $32.56. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.11.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the company. Hood River Capital Management LLC purchased a new position in shares of Hippo during the second quarter worth $13,665,000. Stoic Point Capital Management LLC acquired a new position in Hippo in the fourth quarter valued at approximately $7,490,000. Jacobs Levy Equity Management Inc. purchased a new stake in Hippo in the 3rd quarter worth approximately $5,842,000. Geode Capital Management LLC grew its stake in shares of Hippo by 24.1% during the 4th quarter. Geode Capital Management LLC now owns 557,066 shares of the company’s stock worth $16,760,000 after purchasing an additional 108,359 shares during the period. Finally, Sei Investments Co. acquired a new stake in Hippo during the second quarter valued at $2,810,000. 43.01% of the stock is currently owned by hedge funds and other institutional investors.

Key Hippo News

Here are the key news stories impacting Hippo this week:

• Positive Sentiment: Insider confidence signal: Hippo’s CFO Guy Zeltser disclosed a small buy (665 shares bought in November), which modestly increased his stake — a constructive, if modest, management signal for investors. CFO purchase filing
• Neutral Sentiment: Media noise (not company-related): Multiple viral items about pygmy hippos — naming contests, zoo habitat complaints, and human-hippo attack stories — are trending online but relate to animals/zoo coverage and are unlikely to affect Hippo Holdings’ fundamentals. Baby pygmy hippo naming contest Zoo responds to concerns
• Negative Sentiment: Insider selling: CEO Torben Ostergaard sold 6,105 shares on Feb. 17 (~$174k), trimming his stake by ~11.6% — insider sales can be perceived as profit-taking and may weigh on sentiment near current trading levels. CEO sale filing
• Negative Sentiment: Technical/valuation pressure: HIPO trades below its 50‑day and 200‑day moving averages, which can create short-term technical resistance even though the trailing P/E is relatively low — this may limit upside until momentum or fundamentals improve. Market data

Analysts Set New Price Targets

Several equities research analysts have recently commented on the stock. Keefe, Bruyette & Woods boosted their price target on shares of Hippo from $33.00 to $34.00 and gave the company a “market perform” rating in a report on Wednesday, December 10th. Zacks Research raised shares of Hippo from a “hold” rating to a “strong-buy” rating in a report on Friday, November 14th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Hippo in a report on Thursday, January 22nd. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $37.50.

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.