Insurtech firm TypTap confidentially files for U.S. IPO [Reuters]
HCI Group, Inc. (HCI)
Last hci group, inc. earnings: 3/5 04:15 pm
Check Earnings Report
US:NYSE Investor Relations:
hcigroup.com
Company Research
Source: Reuters
By Reuters Staff 2 Min Read Aug 5 (Reuters) - HCI Group Inc said on Thursday its unit TypTap Insurance Group had confidentially submitted plans to regulators for a U.S. initial public offering (IPO). Founded in 2016, the insurtech firm provides homeowners and flood insurance in the United States. TypTap in February raised $100 million from a fund affiliated with Centerbridge Partners. The investment, representing about 11.75% of TypTap, implied a post-money valuation of about $850 million for the company. The type of valuation is a company’s estimated worth after outside financing is added to its balance sheet. HCI did not provide any other details of the IPO. TypTap’s move to go public comes as the COVID-19 pandemic has forced the insurance sector to rely heavily on technology, including artificial intelligence and big data, to reach customers. Several other insurtechs have also gone public, including Oscar Health, backed by Google parent Alphabet Inc , and Lemonade Inc. (Reporting
Show less
Read more
Impact Snapshot
Event Time:
HCI
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
HCI alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
HCI alerts
High impacting HCI Group, Inc. news events
Weekly update
A roundup of the hottest topics
HCI
News
- HCI Group (HCI) Is Considered a Good Investment by Brokers: Is That True? [Yahoo! Finance]Yahoo! Finance
- Zacks.com featured highlights include GigaCloud Technology, Murphy USA, HCI Group, Kaiser Aluminum and BrightSphere Investment [Yahoo! Finance]Yahoo! Finance
- HCI Group (HCI) Falls More Steeply Than Broader Market: What Investors Need to Know [Yahoo! Finance]Yahoo! Finance
- HCI Group (HCI) Increases Despite Market Slip: Here's What You Need to Know [Yahoo! Finance]Yahoo! Finance
- HCI Group, Inc. (NYSE: HCI) had its "market outperform" rating re-affirmed by analysts at JMP Securities. They now have a $120.00 price target on the stock.MarketBeat
HCI
Earnings
- 3/7/24 - Beat
HCI
Sec Filings
- 4/22/24 - Form 4
- 4/18/24 - Form 4
- 4/11/24 - Form 4
- HCI's page on the SEC website