Hippo HoldingsHIPO
Market Cap: 461M
About: Hippo Holdings Inc is a home insurance group that created a new standard of care and protection for homeowners. It provides insurance for computers, home offices, electronics, appliances, water backup, and service line coverage, among others. It has three reportable segments Services segment earns fees and commission income without assuming underwriting risk or need for reinsurance, Insurance-as-a-Service managed through the Company's subsidiary Spinnaker is a platform to support third-party MGAs, and the Hippo Home Insurance Program engaged in homeowners insurance business. It generates the majority of its revenue from the Insurance-as-a-Service segment.
Employees: 516
Fund manager confidence
Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)
111% more capital invested
Capital invested by funds: $72M [Q4 2023] → $152M (+$79.8M) [Q1 2024]
13% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 23
1.13% more ownership
Funds ownership: 33.06% [Q4 2023] → 34.19% (+1.13%) [Q1 2024]
0% more funds holding
Funds holding: 80 [Q4 2023] → 80 (+0) [Q1 2024]
0% more funds holding in top 10
Funds holding in top 10: 3 [Q4 2023] → 3 (+0) [Q1 2024]
0% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 14
69% less call options, than puts
Call options by funds: $1.18M | Put options by funds: $3.82M
Research analyst outlook
5 Wall Street Analysts provided 1 year price forecasts over the past 6 months
5 analyst ratings
Keefe, Bruyette & Woods Thomas McJoynt-Griffith | 6%upside $20 | Market Perform Downgraded | 22 Jul 2024 |
Keefe, Bruyette & Woods Thomas McJoynt-Griffith | 16%upside $22 | Outperform Reiterated | 10 May 2024 |
JMP Securities Matthew Carletti | 32%upside $25 | Market Outperform Reiterated | 15 Apr 2024 |
JMP Securities Matthew Carletti | 32%upside $25 | Market Outperform Reiterated | 12 Mar 2024 |
Keefe, Bruyette & Woods Thomas McJoynt-Griffith | 11%upside $21 | Outperform Maintained | 11 Mar 2024 |