Does Hippo Holdings Inc. (HIPO) Have Insiders Buying Shares?

As of Friday close, Hippo Holdings Inc.’s (NYSE:HIPO) stock was up $0.38, moving up 30.65 percent to $1.62. The average number of shares traded per day over the past five days has been 3,906,860 shares. 2 times new highs have been achieved over the past 5 days, with a -$0.0700 fall in that time frame. In the last twenty days, the average volume was 2,123,575, while in the previous 50 days, it was 2,338,264.


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Since last month, HIPO stock retreated -17.77%. Shares of the company fell to $1.1600 on 05/12/22, the lowest level in the past month. A 52-week high of $10.82 was reached on 01/03/22 after having rallying from a 52-week low of $1.16. Since the beginning of this year, HIPO’s stock price has dropped by -42.76% or -$1.2100, and marked a new high 1 time. However, the stock has declined by -85.02% since its 52-week high.

Hippo Holdings Inc. (HIPO) last reported insider trading activity 171 days ago on Nov 24. McCathron Richard, the President of the company, purchased of 27,000 shares for $3.75 on Nov 24. It resulted in a $101,299 investment by the insider. Landman Sam added 6,000 shares at an average price of $3.72 on Nov 19. The insider now owns 11,813 shares following the transaction. On Nov 19, Wand Assaf bought 40,650 shares at $3.70 apiece. The transaction was valued at $150,588.

Financial Health

Based on annual data, HIPO earned -$367.2 million in gross profit and brought in $91.2 million in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was -19.70%. Return on equity (ROE) for the past 12 months was -165.10%.

According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. HIPO’s revenue rose 100.0% to $21.3 million during the quarter, while net income inched up to $69.9 million. While analysts expected Hippo Holdings Inc. to report -$0.07 quarterly earnings, the actual figure was -$0.08 per share, beating the consensus estimate by -14.30%. During the quarter, the company generated -$604.38 million in EBITDA. The value of shareholders’ equity is $566.27 million.

Technical Picture

This quick technical analysis looks at Hippo Holdings Inc.’s (HIPO) price momentum. With a historical volatility rate of 168.10%, the RSI 9-day stood at 48.94% on 13 May.

With respect to its five-day moving average, the current Hippo Holdings Inc. price is down by -4.14% percent or -$0.0700. At present, HIPO shares trade -18.18% below its 20-day simple moving average and -38.87% percent below its 100-day simple moving average. However, the stock is currently trading approximately -7.95% below its SMA50 and -83.44% below its SMA200.

Stochastic coefficient K was 25.48% and Stochastic coefficient D was 15.40%, while ATR was 0.1782. Given the Stochastic reading of 57.50% for the 14-day period, the RSI (14) reading has been calculated as 45.81%. As of today, the MACD Oscillator reading stands at -0.1744, while the 14-day reading stands at -0.2757.

Analyst Ratings

JMP Securities launched its rating on Hippo Holdings Inc. (NYSE: HIPO) to a Mkt outperform in a note to investors on February 09, 2022. Hippo Holdings Inc. (HIPO) has been rated Overweight by analysts. According to 0 brokerage firms, HIPO is a sell, and 1 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Hippo Holdings Inc. stock as buy, with 3 recommending it as overweight.

With a median target price of $3.88, the current consensus forecast for the stock is $3.00 – $6.00. Based on these forecasts, analysts predict Hippo Holdings Inc. (HIPO) will achieve an average price target of $4.19.

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