Hippo Holdings Inc. (NYSE:HIPO – Get Free Report) CEO Torben Ostergaard sold 600 shares of the firm’s stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $30.44, for a total transaction of $18,264.00. Following the transaction, the chief executive officer directly owned 46,094 shares in the company, valued at approximately $1,403,101.36. This represents a 1.28% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.
Torben Ostergaard also recently made the following trade(s):
- On Tuesday, February 17th, Torben Ostergaard sold 6,105 shares of Hippo stock. The stock was sold at an average price of $28.57, for a total transaction of $174,419.85.
Hippo Stock Performance
NYSE HIPO opened at $28.70 on Monday. The firm has a 50-day moving average price of $29.95 and a two-hundred day moving average price of $32.58. Hippo Holdings Inc. has a 12-month low of $19.92 and a 12-month high of $38.98. The company has a market capitalization of $726.95 million, a P/E ratio of 13.41 and a beta of 1.57. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.11.
More Hippo News
- Positive Sentiment: An article reports Hippo delivered a 2025 financial turnaround with $58M net income, a narrative that could support investor confidence if validated by company filings and future guidance. InsiderMonkey: Hippo 2025 turnaround
- Neutral Sentiment: CEO Torben Ostergaard disclosed a sale of 600 shares (~$18.3k), a small reduction in his holding that is unlikely by itself to signal a change in company direction but may be viewed neutrally by markets. SEC filing: insider sale
- Neutral Sentiment: Other news items referencing hippo animals (zoo baby named “Jellybean”, related human-interest pieces and viral videos) are unrelated to Hippo Holdings’ business but may create noisy, nonfundamental chatter in retail channels. MSN: Jellybean baby hippo
- Negative Sentiment: Hippo reported quarterly EPS of $0.23 versus consensus $0.49 and revenue slightly below estimates, a clear earnings miss that likely drove the down move; the company also showed mixed profitability metrics (positive net margin but negative ROE), which increases near-term investor uncertainty. MarketBeat: Q report & transcript
Institutional Investors Weigh In On Hippo
Several institutional investors and hedge funds have recently added to or reduced their stakes in HIPO. Altshuler Shaham Ltd increased its position in Hippo by 270.4% during the 4th quarter. Altshuler Shaham Ltd now owns 1,000 shares of the company’s stock worth $30,000 after purchasing an additional 730 shares in the last quarter. Quantbot Technologies LP acquired a new stake in Hippo in the second quarter valued at approximately $33,000. AlphaQuest LLC increased its holdings in shares of Hippo by 109.5% during the third quarter. AlphaQuest LLC now owns 1,251 shares of the company’s stock worth $45,000 after buying an additional 654 shares in the last quarter. Torren Management LLC acquired a new position in shares of Hippo during the fourth quarter worth $55,000. Finally, Kemnay Advisory Services Inc. bought a new position in shares of Hippo in the 4th quarter valued at $56,000. 43.01% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
HIPO has been the topic of a number of recent research reports. Keefe, Bruyette & Woods raised their price objective on Hippo from $33.00 to $34.00 and gave the stock a “market perform” rating in a research note on Wednesday, December 10th. Zacks Research raised 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 research report on Thursday, January 22nd. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $37.50.
Get Our Latest Stock Report 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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