Key Points
- Richard Mccathron sold 5,000 shares of Hippo on March 9 at an average price of $25.86 for $129,300, leaving him with 615,650 shares (a 0.81% reduction); he also sold 5,000 shares in both February and January at higher prices.
- Hippo shares traded down about 2.5% to $25.08 with below-average volume, and the stock has a market cap of $635.4M, a P/E of 11.72, and a 52‑week range of $19.92–$38.98.
- Analyst sentiment is mixed but mildly positive — MarketBeat shows a "Moderate Buy" average rating with an average price target of $37.25, while recent notes include both downgrades and upgrades (e.g., Weiss moved from sell to hold).
Hippo Holdings Inc. (NYSE:HIPO - Get Free Report) CEO Richard Mccathron sold 5,000 shares of the firm's stock in a transaction that occurred on Monday, March 9th. The stock was sold at an average price of $25.86, for a total transaction of $129,300.00. Following the sale, the chief executive officer directly owned 615,650 shares of the company's stock, valued at $15,920,709. The trade was a 0.81% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link.
Richard Mccathron also recently made the following trade(s):
- On Monday, February 9th, Richard Mccathron sold 5,000 shares of Hippo stock. The shares were sold at an average price of $29.14, for a total transaction of $145,700.00.
- On Friday, January 9th, Richard Mccathron sold 5,000 shares of Hippo stock. The stock was sold at an average price of $31.52, for a total transaction of $157,600.00.
Hippo Stock Down 2.5%
Shares of HIPO traded down $0.63 during midday trading on Thursday, hitting $25.08. The company had a trading volume of 13,102 shares, compared to its average volume of 139,435. The stock has a market cap of $635.40 million, a price-to-earnings ratio of 11.72 and a beta of 1.57. The company's 50 day moving average price is $29.31 and its 200 day moving average price is $32.30. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.11. Hippo Holdings Inc. has a 52 week low of $19.92 and a 52 week high of $38.98.
Hedge Funds Weigh In On Hippo
A number of large investors have recently bought and sold shares of the business. Caitong International Asset Management Co. Ltd bought a new position in Hippo in the 4th quarter worth about $26,000. XTX Topco Ltd bought a new stake in shares of Hippo during the fourth quarter valued at approximately $391,000. Stoic Point Capital Management LLC acquired a new position in shares of Hippo during the fourth quarter worth approximately $7,490,000. Tudor Investment Corp ET AL boosted its position in shares of Hippo by 30.0% during the fourth quarter. Tudor Investment Corp ET AL now owns 34,616 shares of the company's stock worth $1,041,000 after buying an additional 7,982 shares during the period. Finally, Janus Henderson Group PLC bought a new position in Hippo in the 4th quarter worth approximately $262,000. Institutional investors own 43.01% of the company's stock.
Analyst Upgrades and Downgrades
Several analysts have issued reports on HIPO shares. Zacks Research upgraded Hippo to a "hold" rating in a research note on Tuesday, March 3rd. Keefe, Bruyette & Woods lowered their price target on Hippo from $34.00 to $33.00 and set a "market perform" rating for the company in a report on Friday, March 6th. Finally, Weiss Ratings upgraded Hippo from a "sell (d-)" rating to a "hold (c-)" rating in a research note on Thursday, March 5th. Four research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company's stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $37.25.
View Our Latest Report on Hippo
Hippo Company Profile
(
Get Free Report)
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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