Yuval Harry Sells 14,995 Shares of Hippo Holdings Inc. (NYSE:HIPO) Stock

Hippo Holdings Inc. (NYSE:HIPO) CRO Yuval Harry sold 14,995 shares of the stock in a transaction on Friday, May 24th. The stock was sold at an average price of $18.16, for a total transaction of $272,309.20. Following the sale, the executive now directly owns 123,993 shares in the company, valued at $2,251,712.88. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Yuval Harry also recently made the following trade(s):

• On Tuesday, May 14th, Yuval Harry sold 1,192 shares of Hippo stock. The stock was sold at an average price of $18.51, for a total transaction of $22,063.92.
• On Friday, March 22nd, Yuval Harry sold 14,938 shares of Hippo stock. The stock was sold at an average price of $17.20, for a total transaction of $256,933.60.

Hippo Trading Down 2.8 %

HIPO traded down $0.53 on Wednesday, reaching $18.15. The company had a trading volume of 137,663 shares, compared to its average volume of 166,186. The company has a fifty day moving average of $19.68 and a 200-day moving average of $13.70. The company has a market capitalization of $443.40 million, a P/E ratio of -1.85 and a beta of 1.41. Hippo Holdings Inc. has a one year low of $6.64 and a one year high of $25.49.

Hippo (NYSE:HIPO) last announced its earnings results on Thursday, May 2nd. The company reported ($1.47) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($1.41) by ($0.06). The company had revenue of $85.10 million during the quarter, compared to the consensus estimate of $67.90 million. Hippo had a negative net margin of 93.69% and a negative return on equity of 59.81%. Research analysts predict that Hippo Holdings Inc. will post -4.98 EPS for the current year.

Hedge Funds Weigh In On Hippo

Large investors have recently made changes to their positions in the business. Dynamic Technology Lab Private Ltd bought a new position in shares of Hippo during the 4th quarter valued at about $114,000. SVB Wealth LLC bought a new position in shares of Hippo during the 4th quarter valued at about $122,000. Steamboat Capital Partners LLC bought a new position in shares of Hippo during the 1st quarter valued at about $158,000. PEAK6 Investments LLC bought a new position in shares of Hippo during the 1st quarter valued at about $277,000. Finally, Trexquant Investment LP bought a new position in shares of Hippo during the 4th quarter valued at about $327,000. Institutional investors own 43.01% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have weighed in on HIPO shares. Keefe, Bruyette & Woods reissued an “outperform” rating and set a $22.00 target price (up from $21.00) on shares of Hippo in a report on Friday, May 10th. JMP Securities restated a “market outperform” rating and set a $25.00 price target on shares of Hippo in a research report on Monday, April 15th.

Hippo Company Profile

Hippo Holdings Inc provides property and casualty insurance products to individuals and business customers primarily in the United States. The company operates through three segments: Services, Insurance-as-a-Service, and Hippo Home Insurance Program. Its insurance products include homeowners' insurance against risks of fire, wind, and theft, as well as other personal lines policies from third party carriers; and personal and commercial, as well as home, auto, cyber, small business, life, specialty lines, and other insurance products.