Hippo Holdings Inc. (NYSE:HIPO – Get Free Report) CFO Guy Zeltser sold 1,669 shares of the company’s stock in a transaction on Tuesday, July 28th. The shares were sold at an average price of $30.98, for a total value of $51,705.62. Following the transaction, the chief financial officer directly owned 120,563 shares in the company, valued at $3,735,041.74. This represents a 1.37% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.
Hippo Trading Up 6.9%
Shares of HIPO opened at $31.88 on Friday. Hippo Holdings Inc. has a fifty-two week low of $24.08 and a fifty-two week high of $38.98. The firm has a market cap of $33.15 million, a P/E ratio of 7.38 and a beta of 1.49. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.99 and a current ratio of 0.99. The business has a 50-day moving average of $27.20 and a 200 day moving average of $27.59.
Hippo (NYSE:HIPO – Get Free Report) last released its quarterly earnings data on Thursday, July 30th. The company reported $0.79 EPS for the quarter, beating analysts’ consensus estimates of $0.21 by $0.58. The company had revenue of $144.70 million during the quarter, compared to analyst estimates of $137.44 million. Hippo had a net margin of 23.45% and a return on equity of 12.17%. As a group, research analysts forecast that Hippo Holdings Inc. will post 0.95 EPS for the current year.
Hedge Funds Weigh In On Hippo
Hippo News Roundup
Here are the key news stories impacting Hippo this week:
- Positive Sentiment: Adjusted earnings significantly beat expectations: Hippo reported adjusted net income of $21 million, or $0.79 per diluted share, compared with analysts’ estimates of approximately $0.20–$0.21 and $0.65 in the year-ago quarter. GAAP net income was $10 million, or $0.38 per share. Hippo Reports Second Quarter 2026 Financial Results
- Positive Sentiment: Revenue also exceeded forecasts: Quarterly revenue totaled $144.7 million, above the roughly $137.4 million consensus estimate. The company reported a 23.45% net margin and 12.17% return on equity, reinforcing the improvement in profitability. Hippo Holdings Q2 Earnings and Revenues Surpass Estimates
- Positive Sentiment: Full-year revenue guidance was raised or maintained above Wall Street expectations: Hippo projected fiscal 2026 revenue of $580 million to $585 million, exceeding the $568.2 million consensus estimate. This suggests management expects continued growth and supports the positive earnings reaction. Hippo Reports Second Quarter 2026 Financial Results
- Neutral Sentiment: Insider selling presents a minor offset: CFO Guy Zeltser sold 1,669 shares for approximately $51,706, reducing his holdings by 1.37%. He still owned 120,563 shares afterward, so the transaction appears limited relative to his remaining position. SEC Insider Trading Filing
Analysts Set New Price Targets
A number of equities analysts have recently commented on the stock. Keefe, Bruyette & Woods increased their price target on shares of Hippo from $32.00 to $33.00 and gave the stock a “market perform” rating in a report on Wednesday, July 8th. Weiss Ratings upgraded Hippo from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday, May 4th. Texas Capital upgraded Hippo to a “strong-buy” rating in a report on Tuesday, June 9th. Finally, B. Riley Financial initiated coverage on Hippo in a report on Friday, April 17th. They issued a “buy” rating and a $38.00 price objective for the company. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $38.67.
Check Out Our Latest Report on HIPO
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.
Read More
- Five stocks we like better than Hippo
- Microsoft Just Flipped the AI Spending Narrative Overnight
- Qualcomm’s Turnaround Is Working, So Why Is Wall Street Selling?
- Meta’s Earnings Show Why Wall Street Is Losing Patience With AI Spending
- Can Starbucks Keep This Turnaround Going? The Latest Results Say Yes
Receive News & Ratings for Hippo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hippo and related companies with MarketBeat.com's FREE daily email newsletter.
