Insider Selling: Trupanion, Inc. (NASDAQ:TRUP) Director Sells $105,340.00 in Stock

Trupanion, Inc. (NASDAQ:TRUP) Director Murray B. Low sold 2,000 shares of the company’s stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of $52.67, for a total transaction of $105,340.00. Following the completion of the sale, the director now owns 131,513 shares in the company, valued at approximately $6,926,789.71. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Trupanion Trading Up 3.2 %

TRUP stock opened at $50.49 on Friday. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.63 and a current ratio of 1.66. Trupanion, Inc. has a 1-year low of $19.69 and a 1-year high of $57.90. The business has a fifty day moving average price of $47.39 and a 200-day moving average price of $37.21.

Trupanion (NASDAQ:TRUP) last issued its earnings results on Wednesday, October 30th. The financial services provider reported $0.03 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.06) by $0.09. The business had revenue of $327.50 million during the quarter, compared to analyst estimates of $321.79 million. Trupanion had a negative return on equity of 4.36% and a negative net margin of 1.08%. Trupanion’s revenue was up 14.6% on a year-over-year basis. During the same quarter in the previous year, the firm earned ($0.10) EPS. On average, equities research analysts anticipate that Trupanion, Inc. will post -0.23 EPS for the current year.

Hedge Funds Weigh In On Trupanion

Several hedge funds and other institutional investors have recently modified their holdings of TRUP. Louisiana State Employees Retirement System increased its position in Trupanion by 2.8% during the second quarter. Louisiana State Employees Retirement System now owns 18,200 shares of the financial services provider’s stock valued at $535,000 after acquiring an additional 500 shares during the last quarter. Texas Permanent School Fund Corp boosted its holdings in shares of Trupanion by 1.8% in the first quarter. Texas Permanent School Fund Corp now owns 31,269 shares of the financial services provider’s stock worth $863,000 after buying an additional 561 shares during the last quarter. GAMMA Investing LLC grew its position in Trupanion by 70.4% during the third quarter. GAMMA Investing LLC now owns 1,442 shares of the financial services provider’s stock valued at $61,000 after buying an additional 596 shares during the period. WINTON GROUP Ltd increased its holdings in Trupanion by 1.9% during the second quarter. WINTON GROUP Ltd now owns 37,673 shares of the financial services provider’s stock valued at $1,108,000 after buying an additional 685 shares during the last quarter. Finally, CANADA LIFE ASSURANCE Co boosted its stake in shares of Trupanion by 2.0% during the 1st quarter. CANADA LIFE ASSURANCE Co now owns 43,060 shares of the financial services provider’s stock worth $1,188,000 after acquiring an additional 830 shares during the last quarter.

Analysts Set New Price Targets

A number of analysts have recently commented on TRUP shares. Bank of America boosted their price target on Trupanion from $47.00 to $56.00 and gave the stock a “buy” rating in a research report on Friday, September 20th. Piper Sandler boosted their target price on Trupanion from $45.00 to $57.00 and gave the stock a “neutral” rating in a report on Thursday, October 31st. Stifel Nicolaus raised their price target on Trupanion from $30.00 to $40.00 and gave the company a “hold” rating in a report on Monday, September 23rd. William Blair initiated coverage on shares of Trupanion in a research note on Friday, July 19th. They issued an “outperform” rating on the stock. Finally, Evercore ISI upgraded shares of Trupanion to a “strong-buy” rating in a research note on Friday, August 9th. Three equities research analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, Trupanion currently has an average rating of “Moderate Buy” and a consensus target price of $44.67.

About Trupanion

Trupanion, Inc, together with its subsidiaries, provides medical insurance for cats and dogs on a monthly subscription basis in the United States, Canada, Continental Europe, and Australia. The company operates in two segments, Subscription Business and Other Business. It serves pet owners and veterinarians.