38,095 Shares in Hippo Holdings Inc. (NYSE:HIPO) Bought by EAM Investors LLC

EAM Investors LLC bought a new stake in Hippo Holdings Inc. (NYSE:HIPO - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 38,095 shares of the company's stock, valued at approximately $1,020,000. EAM Investors LLC owned 0.16% of Hippo as of its most recent SEC filing.

Several other large investors have also modified their holdings of the business. EntryPoint Capital LLC acquired a new position in Hippo in the fourth quarter valued at about $204,000. Public Employees Retirement System of Ohio purchased a new position in shares of Hippo during the 3rd quarter worth approximately $174,000. Jump Financial LLC acquired a new stake in Hippo in the 4th quarter valued at approximately $311,000. Wells Fargo & Company MN raised its position in Hippo by 29.2% in the fourth quarter. Wells Fargo & Company MN now owns 12,216 shares of the company's stock valued at $327,000 after purchasing an additional 2,759 shares during the period. Finally, SG Americas Securities LLC lifted its stake in Hippo by 33.2% during the fourth quarter. SG Americas Securities LLC now owns 13,691 shares of the company's stock worth $367,000 after purchasing an additional 3,412 shares in the last quarter. Institutional investors and hedge funds own 43.01% of the company's stock.

Insider Buying and Selling

In other news, Chairman Assaf Wand sold 12,250 shares of the stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $26.76, for a total transaction of $327,810.00. Following the completion of the transaction, the chairman now directly owns 499,064 shares of the company's stock, valued at approximately $13,354,952.64. This represents a 2.40 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Michael Stienstra sold 2,329 shares of the stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $30.02, for a total value of $69,916.58. Following the completion of the transaction, the insider now owns 59,648 shares of the company's stock, valued at $1,790,632.96. The trade was a 3.76 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 50,997 shares of company stock valued at $1,469,538 over the last three months. 11.37% of the stock is currently owned by company insiders.

Hippo Stock Performance

HIPO stock traded up $0.79 during mid-day trading on Tuesday, reaching $24.51. The company had a trading volume of 22,703 shares, compared to its average volume of 164,596. The firm has a fifty day simple moving average of $26.44 and a 200 day simple moving average of $26.16. The company has a market capitalization of $614.76 million, a price-to-earnings ratio of -4.70 and a beta of 1.49. Hippo Holdings Inc. has a fifty-two week low of $14.58 and a fifty-two week high of $35.44.

Hippo (NYSE:HIPO - Get Free Report) last issued its quarterly earnings results on Wednesday, March 5th. The company reported ($0.07) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.15) by $0.08. Hippo had a negative net margin of 37.94% and a negative return on equity of 36.38%. The company had revenue of $102.00 million during the quarter, compared to the consensus estimate of $97.83 million. As a group, analysts predict that Hippo Holdings Inc. will post -3.63 earnings per share for the current year.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on HIPO shares. Keefe, Bruyette & Woods boosted their price objective on Hippo from $24.00 to $26.00 and gave the company a "market perform" rating in a report on Tuesday. Jefferies Financial Group reduced their price target on shares of Hippo from $43.00 to $30.00 and set a "buy" rating on the stock in a research report on Friday, April 11th.

About Hippo

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.