Hippo (NYSE:HIPO) CEO Torben Ostergaard Sells 1,169 Shares of Stock

Posted by Francis Steltz on Aug 19th, 2026

Hippo Holdings Inc. (NYSE:HIPO – Get Free Report) CEO Torben Ostergaard sold 1,169 shares of the business’s stock in a transaction on Monday, August 17th. The stock was sold at an average price of $33.00, for a total transaction of $38,577.00. Following the sale, the chief executive officer directly owned 61,824 shares in the company, valued at approximately $2,040,192. The trade was a 1.86% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Hippo Stock Up 0.9%

Shares of HIPO opened at $32.94 on Wednesday. Hippo Holdings Inc. has a 52 week low of $24.08 and a 52 week high of $38.98. The stock has a market capitalization of $869.15 million, a price-to-earnings ratio of 7.08 and a beta of 1.47. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.95 and a current ratio of 0.95. The stock has a fifty day moving average of $29.09 and a 200-day moving average of $27.77.

Hippo (NYSE:HIPO – Get Free Report) last released its quarterly earnings data on Thursday, July 30th. The company reported $0.79 earnings per share for the quarter, beating the consensus estimate of ($0.17) by $0.96. Hippo had a return on equity of 10.68% and a net margin of 23.92%.The company had revenue of $144.70 million for the quarter, compared to the consensus estimate of $137.44 million. As a group, sell-side analysts anticipate that Hippo Holdings Inc. will post 1.5 earnings per share for the current fiscal year.

Analysts Set New Price Targets

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

Read Our Latest Report on Hippo

Hedge Funds Weigh In On Hippo

Hedge funds have recently bought and sold shares of the company. Stoic Point Capital Management LLC bought a new position in shares of Hippo during the 4th quarter worth approximately $7,490,000. BlackRock Inc. increased its stake in shares of Hippo by 17.8% in the 2nd quarter. BlackRock Inc. now owns 1,498,306 shares of the company’s stock valued at $42,342,000 after acquiring an additional 226,533 shares in the last quarter. Jacobs Levy Equity Management Inc. acquired a new position in shares of Hippo during the 3rd quarter valued at $5,842,000. Geode Capital Management LLC lifted its position in shares of Hippo by 24.1% during the 4th quarter. Geode Capital Management LLC now owns 557,066 shares of the company’s stock valued at $16,760,000 after acquiring an additional 108,359 shares during the period. Finally, Sei Investments Co. bought a new position in Hippo during the second quarter worth $2,810,000. Institutional investors own 43.01% of the company’s stock.

Hippo Company Profile

(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.