Insider Selling: Hippo (NYSE:HIPO) CEO Sells 5,000 Shares of Stock

Hippo Holdings Inc. (NYSE:HIPO - Get Free Report) CEO Richard Mccathron sold 5,000 shares of the company's stock in a transaction that occurred on Thursday, April 9th. The shares were sold at an average price of $26.05, for a total value of $130,250.00. Following the completion of the sale, the chief executive officer owned 610,650 shares of the company's stock, valued at $15,907,432.50. This trade represents a 0.81% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Richard Mccathron also recently made the following trade(s):

• On Monday, March 9th, Richard Mccathron sold 5,000 shares of Hippo stock. The shares were sold at an average price of $25.86, for a total value of $129,300.00.
• 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 value of $145,700.00.

Hippo Trading Up 3.6%

HIPO opened at $26.58 on Tuesday. Hippo Holdings Inc. has a one year low of $19.92 and a one year high of $38.98. The stock has a market capitalization of $690.23 million, a PE ratio of 12.42 and a beta of 1.61. The business's 50 day moving average price is $27.06 and its 200 day moving average price is $30.76. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.94 and a current ratio of 0.94.

Key Stories Impacting Hippo

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Here are the key news stories impacting Hippo this week:

• Positive Sentiment: Upcoming earnings date may be a catalyst: Hippo said it will release Q1 2026 results before the open on April 30, giving investors a clear near-term event to reprice the stock ahead of results. Hippo to Report First Quarter Financial Results on April 30, 2026
• Neutral Sentiment: Extensive international coverage about Colombia culling hippos (descendants of Pablo Escobar’s zoo) is trending — this is about animals and not Hippo Holdings’ business, but the name overlap can drive short-term retail search/attention unrelated to fundamentals. Colombia to cull up to 80 hippos linked to drug lord Pablo Escobar
• Neutral Sentiment: Additional pop-culture coverage (Coachella art installations themed around hippos) is also circulating; likewise unlikely to affect Hippo Holdings’ underlying insurance business but can increase name-based social media noise. Coachella's anarchic hippos are back
• Negative Sentiment: Insider sale: CEO Richard McCathron sold 5,000 shares on April 9 at ~$26.05, trimming his holding by ~0.81% — a small but negative signal that may weigh on sentiment for some investors. Filing details here. SEC filing for insider sale

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the company. Intech Investment Management LLC lifted its stake in Hippo by 4.0% during the third quarter. Intech Investment Management LLC now owns 7,968 shares of the company's stock worth $288,000 after purchasing an additional 310 shares in the last quarter. AlphaQuest LLC lifted its stake in Hippo by 109.5% during the third quarter. AlphaQuest LLC now owns 1,251 shares of the company's stock worth $45,000 after purchasing an additional 654 shares in the last quarter. Altshuler Shaham Ltd lifted its stake 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 in the last quarter. Deutsche Bank AG lifted its stake in Hippo by 1.2% during the fourth quarter. Deutsche Bank AG now owns 60,005 shares of the company's stock worth $1,805,000 after purchasing an additional 736 shares in the last quarter. Finally, Balyasny Asset Management L.P. lifted its stake in Hippo by 5.2% during the fourth quarter. Balyasny Asset Management L.P. now owns 16,420 shares of the company's stock worth $494,000 after purchasing an additional 812 shares in the last quarter. 43.01% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms recently commented on HIPO. Weiss Ratings upgraded Hippo from a "sell (d-)" rating to a "hold (c-)" rating in a report on Thursday, March 5th. Zacks Research upgraded Hippo to a "hold" rating in a report on Tuesday, March 3rd. Finally, Keefe, Bruyette & Woods decreased their price objective on Hippo from $33.00 to $30.00 and set a "market perform" rating on the stock in a report on Tuesday, April 7th. Three equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $38.67.

Get Our Latest Analysis on Hippo

About Hippo

(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.

Further Reading

• Five stocks we like better than Hippo

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