Insider Selling: Hippo Holdings Inc. (NYSE:HIPO) CRO Sells $256,933.60 in Stock

Hippo Holdings Inc. (NYSE:HIPO) CRO Yuval Harry sold 14,938 shares of Hippo stock in a transaction that occurred on Friday, March 22nd. The stock was sold at an average price of $17.20, for a total value of $256,933.60. Following the completion of the sale, the executive now owns 145,162 shares of the company’s stock, valued at $2,496,786.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Hippo Trading Up 0.3 %

Shares of HIPO stock opened at $18.26 on Friday. The stock has a 50 day simple moving average of $13.21 and a two-hundred day simple moving average of $10.11. Hippo Holdings Inc. has a fifty-two week low of $6.64 and a fifty-two week high of $20.39.

Institutional Investors Weigh In On Hippo

Hedge funds have recently added to or reduced their stakes in the business. Royal Bank of Canada bought a new stake in Hippo in the first quarter worth approximately $34,000. Zurcher Kantonalbank Zurich Cantonalbank bought a new stake in shares of Hippo during the second quarter valued at approximately $37,000. Cubist Systematic Strategies LLC increased its holdings in shares of Hippo by 60.0% during the third quarter. Cubist Systematic Strategies LLC now owns 2,080 shares of the company’s stock valued at $39,000 after acquiring an additional 780 shares in the last quarter. UBS Group AG increased its holdings in shares of Hippo by 219.1% during the second quarter. UBS Group AG now owns 49,453 shares of the company’s stock valued at $43,000 after acquiring an additional 33,957 shares in the last quarter. Finally, Citigroup Inc. increased its holdings in shares of Hippo by 985.3% during the second quarter. Citigroup Inc. now owns 3,462 shares of the company’s stock valued at $57,000 after acquiring an additional 3,143 shares in the last quarter. 43.01% of the stock is currently owned by institutional investors.

Hippo Company Profile

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.