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Hippo Holdings Inc. (NYSE:HIPO) Chief Executive Officer Richard McCathron sold 2,725 shares of common stock on September 8, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The insurance technology company, currently valued at $925 million, has seen its stock surge nearly 97% over the past year, according to InvestingPro data. The shares were sold at a weighted average price of $34.1172, for a total transaction value of $92,969.
The prices for the sale ranged from $34.00 to $34.26
In other recent news, Hippo Holdings Inc. reported its second-quarter 2025 earnings, achieving its first-ever positive net income from operating activities. The company announced a net income of $1 million, surpassing analyst expectations of a $17-22 million loss. Hippo also reported a significant 31% year-over-year revenue growth, reaching $117 million. The company’s consolidated net loss ratio improved markedly to 47%, reflecting a 46 percentage point improvement from the previous year.
In light of these strong financial results, JMP Securities raised its price target on Hippo Holdings to $40 from $35, while maintaining a Market Outperform rating. This upgrade underscores the company’s improved profitability and strategic progress. These developments highlight Hippo’s positive trajectory and its ability to exceed market expectations.
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