hippo is a new kind of insurance company that uses modern technology to provide a simpler process, smarter coverage, and a completely new approach to how we care for our homes. hippo offers intuitive and proactive home insurance by taking a smarter, tech-driven approach. we believe that home insurance should be designed to actively serve the needs of our customers, who can live carefree when they know they've been taken care of. hippo - home insurance that works for you.
Company profile
Ticker
HIPO
Exchange
Website
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Reinvent Technology Partners B, Reinvent Technology Partners Z
SEC CIK
Corporate docs
Subsidiaries
AmeriSave Insurance Agency, LLC • First Connect Insurance Services, LLC • Hippo Analytics Inc. • Hippo Builder Insurance Agency, LLC • Hippo Employee Services Inc. • Hippo JV Holdings Inc. • Hippo M&T – Israel Ltd. • Hippo Tech Inc. • Hippo Warranty Solutions Inc. • Hovnanian Insurance Agency, LLC ...
IRS number
981562010
HIPO stock data
Latest filings (excl ownership)
ARS
2023 FY
Annual report to shareholders
24 Apr 24
DEFA14A
Additional proxy soliciting materials
24 Apr 24
DEF 14A
Definitive proxy
24 Apr 24
S-8
Registration of securities for employees
28 Mar 24
10-K
2023 FY
Annual report
5 Mar 24
8-K
Results of Operations and Financial Condition
5 Mar 24
10-Q
2023 Q3
Quarterly report
2 Nov 23
8-K
Results of Operations and Financial Condition
2 Nov 23
8-K
Cost Associated with Exit or Disposal Activities
26 Oct 23
10-Q
2023 Q2
Quarterly report
8 Aug 23
Transcripts
HIPO
Earnings call transcript
2023 Q4
6 Mar 24
HIPO
Earnings call transcript
2023 Q3
2 Nov 23
HIPO
Earnings call transcript
2023 Q2
8 Aug 23
HIPO
Earnings call transcript
2023 Q1
9 May 23
HIPO
Earnings call transcript
2022 Q4
2 Mar 23
HIPO
Earnings call transcript
2022 Q3
11 Nov 22
HIPO
Earnings call transcript
2022 Q2
12 Aug 22
HIPO
Earnings call transcript
2022 Q1
13 May 22
HIPO
Earnings call transcript
2021 Q4
11 Mar 22
HIPO
Earnings call transcript
2021 Q3
11 Nov 21
Latest ownership filings
4
Stewart Ellis
5 Apr 24
144
Notice of proposed sale of securities
3 Apr 24
SC 13G
AKIN THOMAS B
2 Apr 24
4
Yuval Harry
26 Mar 24
4
Stewart Ellis
20 Mar 24
144
Notice of proposed sale of securities
18 Mar 24
4
Anirudh Badia
13 Mar 24
SC 13D/A
Bond Capital Associates, LLC
8 Mar 24
4
Michael Stienstra
7 Mar 24
3
Michael Stienstra
7 Mar 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | |
---|---|---|---|---|
Revenue | ||||
Cost of revenue | ||||
Operating income | ||||
Operating margin | ||||
Net income | ||||
Net profit margin | ||||
Cash on hand | ||||
Change in cash | ||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 269.40 mm | 269.40 mm | 269.40 mm | 269.40 mm | 269.40 mm | 269.40 mm |
Cash burn (monthly) | (no burn) | 10.29 mm | 16.87 mm | 23.62 mm | (no burn) | 6.17 mm |
Cash used (since last report) | n/a | 71.15 mm | 116.61 mm | 163.27 mm | n/a | 42.63 mm |
Cash remaining | n/a | 198.25 mm | 152.79 mm | 106.13 mm | n/a | 226.77 mm |
Runway (months of cash) | n/a | 19.3 | 9.1 | 4.5 | n/a | 36.8 |
Institutional ownership, Q3 2023
13F holders | Current |
---|---|
Total holders | 82 |
Opened positions | 13 |
Closed positions | 8 |
Increased positions | 17 |
Reduced positions | 24 |
13F shares | Current |
---|---|
Total value | 53.66 bn |
Total shares | 177.78 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
LEN Lennar Corp. - Ordinary Shares | 73.13 mm | $71.14 mm |
Mitsui Sumitomo Insurance | 39.56 mm | $0.00 |
Bond Capital Associates | 30.00 mm | $0.00 |
RPM Ventures III | 26.37 mm | $0.00 |
Bond Capital Management | 1.20 mm | $9.57 bn |
Fifth Wall Ventures Management GP | 1.20 mm | $0.00 |
BLK Blackrock | 827.82 k | $6.60 bn |
Vanguard | 706.88 k | $5.63 bn |
Innovius Capital Management | 694.77 k | $5.54 bn |
Clal Insurance Enterprises | 669.26 k | $5.33 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
3 Apr 24 | Stewart Ellis | Common Stock | Sale back to company | Dispose D | No | Yes | 20.18 | 6,000 | 121.08 k | 391,867 |
22 Mar 24 | Yuval Harry | Common Stock | Sell | Dispose S | No | No | 17.1793 | 3,855 | 66.23 k | 145,162 |
22 Mar 24 | Yuval Harry | Common Stock | Sell | Dispose S | No | No | 17.1968 | 3,333 | 57.32 k | 149,017 |
22 Mar 24 | Yuval Harry | Common Stock | Sell | Dispose S | No | No | 17.1919 | 5,998 | 103.12 k | 152,350 |
22 Mar 24 | Yuval Harry | Common Stock | Sell | Dispose S | No | No | 17.2505 | 1,752 | 30.22 k | 158,348 |
22 Mar 24 | Yuval Harry | Common Stock | Option exercise | Acquire M | No | No | 4 | 5,998 | 23.99 k | 160,100 |
22 Mar 24 | Yuval Harry | Common Stock | Option exercise | Acquire M | No | No | 8.5 | 3,333 | 28.33 k | 154,102 |
22 Mar 24 | Yuval Harry | Common Stock | Option exercise | Acquire M | No | No | 8.5 | 3,855 | 32.77 k | 150,769 |
22 Mar 24 | Yuval Harry | Stock Options Common Stock | Option exercise | Dispose M | No | No | 4 | 5,998 | 23.99 k | 0 |
22 Mar 24 | Yuval Harry | Stock Options Common Stock | Option exercise | Dispose M | No | No | 8.5 | 3,333 | 28.33 k | 0 |
News
JMP Securities Reiterates Market Outperform on Hippo Holdings, Maintains $25 Price Target
15 Apr 24
Insurance Stocks Moving In Thursday's Intraday Session
14 Mar 24
Insurance Stocks Moving In Wednesday's Intraday Session
13 Mar 24
Insurance Stocks Moving In Tuesday's Intraday Session
12 Mar 24
JMP Securities Reiterates Market Outperform on Hippo Holdings, Maintains $25 Price Target
12 Mar 24
Press releases
Vareto Introduces First Multiplayer Platform In Enterprise Planning Category
16 Apr 24
HIPPO TO REPORT FIRST QUARTER FINANCIAL RESULTS ON MAY 2, 2024
2 Apr 24
Hippo's First Connect Hits 100 Carrier & MGA Milestone and Launches New Appetite Finder Feature
21 Mar 24
Hippo Reports Fourth Quarter 2023 Financial Results
6 Mar 24
HIPPO TO REPORT FOURTH QUARTER FINANCIAL RESULTS ON MARCH 6, 2024
5 Feb 24