Renaissance Technologies LLC Has $4.42 Million Position in Hippo Holdings Inc. $HIPO

Posted by Brian Himes on Aug 7th, 2026

Renaissance Technologies LLC cut its holdings in Hippo Holdings Inc. (NYSE:HIPO – Free Report) by 17.9% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 169,620 shares of the company’s stock after selling 37,000 shares during the period. Renaissance Technologies LLC owned 16.29% of Hippo worth $4,420,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently added to or reduced their stakes in HIPO. Sei Investments Co. boosted its stake in Hippo by 25.4% during the 1st quarter. Sei Investments Co. now owns 161,440 shares of the company’s stock valued at $4,207,000 after purchasing an additional 32,728 shares during the period. Dimensional Fund Advisors LP increased its position in Hippo by 8.2% in the 1st quarter. Dimensional Fund Advisors LP now owns 394,907 shares of the company’s stock worth $10,291,000 after buying an additional 29,993 shares during the period. R Squared Ltd acquired a new position in shares of Hippo during the first quarter worth approximately $253,000. Hsbc Holdings PLC acquired a new position in shares of Hippo during the fourth quarter worth approximately $620,000. Finally, Caitong International Asset Management Co. Ltd bought a new stake in shares of Hippo in the fourth quarter valued at approximately $26,000. Institutional investors own 43.01% of the company’s stock.

Analysts Set New Price Targets

HIPO has been the topic of several research analyst reports. Weiss Ratings restated a “hold (c)” rating on shares of Hippo in a research note on Friday, July 31st. Texas Capital raised shares of Hippo to a “strong-buy” rating in a report on Tuesday, June 9th. B. Riley Financial reissued a “buy” rating and issued a $41.50 price target (up from $38.00) on shares of Hippo in a report on Monday. Finally, Keefe, Bruyette & Woods raised their price target on shares of Hippo from $33.00 to $35.00 and gave the stock a “market perform” rating in a research report on Thursday. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $40.50.

Check Out Our Latest Analysis on Hippo

Hippo Trading Up 3.0%

Hippo stock opened at $33.30 on Friday. The business has a 50 day moving average price of $27.83 and a two-hundred day moving average price of $27.65. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.10. Hippo Holdings Inc. has a 12 month low of $24.08 and a 12 month high of $38.98. The stock has a market cap of $34.63 million, a price-to-earnings ratio of 7.16 and a beta of 1.47.

Hippo (NYSE:HIPO – Get Free Report) last announced its quarterly earnings data on Thursday, July 30th. The company reported $0.79 earnings per share for the quarter, topping the consensus estimate of ($0.17) by $0.96. The company had revenue of $144.70 million for the quarter, compared to analyst estimates of $137.44 million. Hippo had a return on equity of 10.68% and a net margin of 23.92%. As a group, equities analysts forecast that Hippo Holdings Inc. will post 0.95 EPS for the current year.

Insiders Place Their Bets

In other Hippo news, CFO Guy Zeltser sold 1,669 shares of the business’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 sale, the chief financial officer owned 120,563 shares of the company’s stock, valued at $3,735,041.74. The trade was a 1.37% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Richard Mccathron sold 5,000 shares of the stock in a transaction on Thursday, July 9th. The shares were sold at an average price of $28.53, for a total transaction of $142,650.00. Following the completion of the transaction, the chief executive officer owned 585,433 shares of the company’s stock, valued at approximately $16,702,403.49. This represents a 0.85% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 20,336 shares of company stock worth $550,564 over the last 90 days. Corporate insiders own 4.48% of the company’s stock.

Key Hippo News

Here are the key news stories impacting Hippo this week:

Positive Sentiment: Keefe, Bruyette & Woods raised its price target for Hippo Holdings from $33 to $35 while maintaining a “market perform” rating. The higher target suggests modest additional upside and may be supporting investor sentiment. Benzinga analyst price-target report

Hippo Company Profile

(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.