Russell Investments Group Ltd. Buys 23,408 Shares of Hippo Holdings Inc. $HIPO

Posted by Brian Himes on Aug 16th, 2026

Russell Investments Group Ltd. grew its stake in shares of Hippo Holdings Inc. (NYSE:HIPO – Free Report) by 151.8% in the second quarter, according to its most recent disclosure with the SEC. The fund owned 38,830 shares of the company’s stock after buying an additional 23,408 shares during the period. Russell Investments Group Ltd. owned approximately 0.15% of Hippo worth $1,097,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Caitong International Asset Management Co. Ltd acquired a new stake in Hippo during the fourth quarter worth about $26,000. Altshuler Shaham Ltd raised its holdings in Hippo by 270.4% in the 4th quarter. Altshuler Shaham Ltd now owns 1,000 shares of the company’s stock valued at $30,000 after acquiring an additional 730 shares in the last quarter. Quantbot Technologies LP acquired a new position in Hippo in the 2nd quarter valued at approximately $33,000. Torren Management LLC bought a new stake in shares of Hippo in the 4th quarter worth approximately $55,000. Finally, Kemnay Advisory Services Inc. bought a new stake in shares of Hippo in the 4th quarter worth approximately $56,000. Institutional investors own 43.01% of the company’s stock.

Insiders Place Their Bets

In other Hippo news, CEO Richard Mccathron sold 5,000 shares of the stock in a transaction on Monday, August 10th. The stock was sold at an average price of $32.00, for a total transaction of $160,000.00. Following the completion of the transaction, the chief executive officer directly owned 580,433 shares in the company, valued at $18,573,856. This represents a 0.85% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Guy Zeltser sold 1,669 shares of the stock in a transaction on Tuesday, July 28th. The stock was sold at an average price of $30.98, for a total value of $51,705.62. Following the transaction, the chief financial officer owned 120,563 shares of the company’s stock, valued at $3,735,041.74. This represents a 1.37% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 16,669 shares of company stock worth $479,356 over the last quarter. Company insiders own 4.48% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on HIPO shares. Weiss Ratings restated a “hold (c)” rating on shares of Hippo in a research report on Friday, July 31st. Texas Capital raised Hippo to a “strong-buy” rating in a research report on Tuesday, June 9th. B. Riley Financial reiterated a “buy” rating and set a $41.50 price target (up from $38.00) on shares of Hippo in a research note on Monday, August 3rd. Keefe, Bruyette & Woods lifted their price target on shares of Hippo from $33.00 to $35.00 and gave the stock a “market perform” rating in a research note on Thursday, August 6th. Finally, Zacks Research raised shares of Hippo from a “hold” rating to a “strong-buy” rating in a report on Friday, August 7th. Two research analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, Hippo presently has a consensus rating of “Buy” and an average price target of $40.50.

View Our Latest Stock Report on Hippo

Hippo Stock Up 0.3%

NYSE HIPO opened at $33.04 on Friday. Hippo Holdings Inc. has a 1-year low of $24.08 and a 1-year high of $38.98. The company has a market capitalization of $871.85 million, a price-to-earnings ratio of 7.10 and a beta of 1.47. The stock’s 50 day moving average is $28.77 and its two-hundred day moving average is $27.76. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.10.

Hippo (NYSE:HIPO – Get Free Report) last issued its earnings results on Thursday, July 30th. The company reported $0.79 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.17) by $0.96. The business had revenue of $144.70 million during the quarter, compared to analysts’ expectations of $137.44 million. Hippo had a return on equity of 10.68% and a net margin of 23.92%. Equities analysts forecast that Hippo Holdings Inc. will post 1.5 earnings per share for the current fiscal year.

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.