Hippo Holdings Inc. (NYSE:HIPO - Get Free Report) insider Michael Stienstra sold 855 shares of the stock in a transaction on Friday, November 8th. The shares were sold at an average price of $25.55, for a total transaction of $21,845.25. Following the completion of the sale, the insider now owns 70,249 shares of the company's stock, valued at approximately $1,794,861.95. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.
Hippo Stock Performance
Shares of NYSE:HIPO opened at $27.02 on Wednesday. Hippo Holdings Inc. has a 12-month low of $7.75 and a 12-month high of $29.74. The company's 50 day moving average price is $19.27 and its two-hundred day moving average price is $18.33.
Institutional Investors Weigh In On Hippo
Several institutional investors have recently made changes to their positions in HIPO. SG Americas Securities LLC acquired a new position in Hippo in the 3rd quarter valued at $174,000. AQR Capital Management LLC acquired a new stake in shares of Hippo during the 2nd quarter worth $194,000. PEAK6 Investments LLC bought a new position in shares of Hippo in the first quarter worth $277,000. Squarepoint Ops LLC bought a new stake in Hippo during the second quarter worth about $335,000. Finally, Price T Rowe Associates Inc. MD grew its stake in Hippo by 3.6% during the first quarter. Price T Rowe Associates Inc. MD now owns 23,328 shares of the company's stock worth $427,000 after buying an additional 801 shares in the last quarter. 43.01% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
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A number of equities research analysts have recently issued reports on the stock. Keefe, Bruyette & Woods upped their target price on shares of Hippo from $20.00 to $21.00 and gave the company a "market perform" rating in a report on Monday, August 19th. Jefferies Financial Group cut their price objective on Hippo from $29.00 to $28.00 and set a "buy" rating for the company in a research report on Wednesday, October 9th.
Get Our Latest Report on HIPO
About Hippo
(
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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.
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