{
  "id": 15153729,
  "title": "Hippo Holdings CEO Spinnaker Torben Ostergaard sells $40,955 in shares",
  "url": "https://urgent.news/2026/10/17/hippo-holdings-ceo-spinnaker-torben-ostergaard-sells-40-955-in-shares",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-17T07:31:20.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/insider-trading-news/hippo-holdings-ceo-spinnaker-torben-ostergaard-sells-40955-in-shares-93CH-4955303"
  },
  "original_language": "en",
  "account": "Hippo Holdings CEO Torben Ostergaard sold 1,169 shares of the company's common stock on October 15, 2026, for a total of $40,955. The sale price of each share ranged between $35.00 and $35.07, with an average price of $35.0344 per share. The transactions were conducted under a Rule 10b5-1 trading plan that Ostergaard established on August 22, 2025. After the sale, he directly owns 60,655 shares, which includes 34,199 Restricted Stock Units (RSUs). The stock is currently trading at $35.28, up 22% over the past six months. InvestingPro analysis suggests the company is undervalued, trading at a P/E ratio of 6.91. The stock is volatile, with a beta of 1.55. Hippo Holdings reported strong Q2 2026 earnings, surpassing expectations with adjusted earnings of $0.79 per share and revenue of $144.7 million, surpassing estimates of $139.84 million. This marks the fifth consecutive quarter of profitability. Investors are closely monitoring Hippo's ongoing financial performance.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}