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, HIPO-WT
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
Doma Home Insurance Services, LLC • First Connect Insurance Services, LLC • Hippo Analytics Inc. • Hippo Builder Insurance Agency, LLC • Hippo Builders Thirteen Insurance Agency, LLC • Hippo Builders Twelve Insurance Agency, LLC • Hippo Employee Services Inc. • Hippo JV Holdings Inc. • Hippo M&T – Israel Ltd. • Hippo Tech Inc. ...
IRS number
981562010
HIPO stock data
Latest filings (excl ownership)
10-Q
2023 Q2
Quarterly report
8 Aug 23
8-K
Results of Operations and Financial Condition
7 Aug 23
8-K
Departure of Directors or Certain Officers
1 Aug 23
8-K
Submission of Matters to a Vote of Security Holders
8 Jun 23
10-Q
2023 Q1
Quarterly report
9 May 23
8-K
Results of Operations and Financial Condition
8 May 23
ARS
2022 FY
Annual report to shareholders
26 Apr 23
DEFA14A
Additional proxy soliciting materials
26 Apr 23
DEF 14A
Definitive proxy
26 Apr 23
8-K
Changes in Registrant's Certifying Accountant
23 Mar 23
Transcripts
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
HIPO
Earnings call transcript
2021 Q2
17 Aug 21
Latest ownership filings
Financial summary
| Quarter (USD) | Jun 23 | Mar 23 | Dec 22 | Sep 22 | |
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| 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) | 238.40 mm | 238.40 mm | 238.40 mm | 238.40 mm | 238.40 mm | 238.40 mm |
| Cash burn (monthly) | (no burn) | 7.18 mm | 35.00 mm | 30.00 mm | 3.10 mm | 9.84 mm |
| Cash used (since last report) | n/a | 19.52 mm | 95.21 mm | 81.61 mm | 8.43 mm | 26.77 mm |
| Cash remaining | n/a | 218.88 mm | 143.19 mm | 156.79 mm | 229.97 mm | 211.63 mm |
| Runway (months of cash) | n/a | 30.5 | 4.1 | 5.2 | 74.2 | 21.5 |
Institutional ownership, Q2 2023
| 13F holders | Current |
|---|---|
| Total holders | 87 |
| Opened positions | 20 |
| Closed positions | 7 |
| Increased positions | 13 |
| Reduced positions | 24 |
| 13F shares | Current |
|---|---|
| Total value | 113.11 bn |
| Total shares | 179.55 mm |
| Total puts | 2.00 k |
| Total calls | 533.59 k |
| Total put/call ratio | 0.0 |
| Largest owners | Shares | Value |
|---|---|---|
| LEN Lennar | 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 |
| BLK Blackrock | 1.21 mm | $15.07 bn |
| Bond Capital Management | 1.20 mm | $19.84 bn |
| Fifth Wall Ventures Management GP | 1.20 mm | $0.00 |
| Innovius Capital Management | 694.77 k | $11.48 bn |
| Vanguard | 673.58 k | $11.13 bn |
| Clal Insurance Enterprises | 669.26 k | $11.06 mm |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 21 Aug 23 | Nichols John Drake | Common Stock | Buy | Acquire P | Yes | No | 10.8254 | 24,141 | 261.34 k | 50,000 |
| 17 Aug 23 | Nichols John Drake | Common Stock | Buy | Acquire P | Yes | No | 10.25 | 5,432 | 55.68 k | 25,859 |
| 15 Aug 23 | Stewart Ellis | Common Stock | Payment of exercise | Dispose F | No | No | 9.98 | 6,945 | 69.31 k | 296,701 |
| 15 Aug 23 | Richard McCathron | Common Stock | Payment of exercise | Dispose F | No | No | 9.98 | 5,172 | 51.62 k | 300,637 |
| 15 Aug 23 | Anirudh Badia | Common Stock | Payment of exercise | Dispose F | No | No | 9.98 | 1,847 | 18.43 k | 104,553 |
| 15 Aug 23 | Yuval Harry | Common Stock | Payment of exercise | Dispose F | No | No | 9.98 | 2,300 | 22.95 k | 124,285 |
News
Insurance Stocks Moving In Wednesday's Intraday Session
13 Sep 23
Insurance Stocks Moving In Tuesday's Intraday Session
12 Sep 23
Insurance Stocks Moving In Monday's Intraday Session
11 Sep 23
Insurance Stocks Moving In Friday's Intraday Session
8 Sep 23
Insurance Stocks Moving In Wednesday's Intraday Session
6 Sep 23
Press releases
Concerned Shareholder Group Urges the Board of Directors of Hippo Holdings Inc. to Initiate a Strategic Review Following a Period of Significant Value Destruction
14 Sep 23
Hippo CEO Rick McCathron to Speak at KBW Insurance Conference 2023
31 Aug 23
Hippo Names Peter Piotrowski Chief Claims Officer
10 Aug 23
Hippo Reports Second Quarter 2023 Financial Results
8 Aug 23
Slice Adds First Connect for Small Business Insurance Distribution
12 Jul 23