Emily Dreyer Sells 3,100 Shares of Trupanion, Inc. (NASDAQ:TRUP) Stock

Trupanion, Inc. (NASDAQ:TRUP) SVP Emily Dreyer sold 3,100 shares of the stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $54.85, for a total transaction of $170,035.00. Following the transaction, the senior vice president now owns 24,708 shares in the company, valued at approximately $1,355,233.80. The trade was a 11.15 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Emily Dreyer also recently made the following trade(s):

• On Monday, November 25th, Emily Dreyer sold 900 shares of Trupanion stock. The shares were sold at an average price of $54.55, for a total value of $49,095.00.

Trupanion Stock Down 1.6 %

TRUP stock opened at $53.50 on Friday. The stock has a market capitalization of $2.27 billion, a P/E ratio of -167.19 and a beta of 1.69. The company has a current ratio of 1.66, a quick ratio of 1.66 and a debt-to-equity ratio of 0.40. The firm has a 50-day moving average price of $49.73 and a 200-day moving average price of $40.06. Trupanion, Inc. has a 12 month low of $19.69 and a 12 month high of $57.90.

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, beating analysts’ consensus estimates of ($0.06) by $0.09. The firm had revenue of $327.50 million for the quarter, compared to analyst estimates of $321.79 million. Trupanion had a negative net margin of 1.08% and a negative return on equity of 4.36%. The company’s quarterly revenue was up 14.6% on a year-over-year basis. During the same quarter last year, the business posted ($0.10) earnings per share. As a group, equities research analysts anticipate that Trupanion, Inc. will post -0.23 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on TRUP shares. Piper Sandler raised their price objective on Trupanion from $45.00 to $57.00 and gave the stock a “neutral” rating in a research note on Thursday, October 31st. Bank of America raised 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. Evercore ISI raised shares of Trupanion to a “strong-buy” rating in a research report on Friday, August 9th. Northland Securities raised their target price on shares of Trupanion from $45.00 to $50.00 and gave the company a “market perform” rating in a report on Thursday, October 31st. Finally, Stifel Nicolaus upped their price target on shares of Trupanion from $30.00 to $40.00 and gave the stock a “hold” rating in a report on Monday, September 23rd. Three equities research analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $44.67.

Hedge Funds Weigh In On Trupanion

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Wilmington Savings Fund Society FSB bought a new position in Trupanion in the third quarter valued at about $54,000. Barclays PLC raised its holdings in Trupanion by 259.2% in the 3rd quarter. Barclays PLC now owns 65,498 shares of the financial services provider’s stock valued at $2,750,000 after buying an additional 47,262 shares during the last quarter. DF Dent & Co. Inc. boosted its position in Trupanion by 27.8% during the 3rd quarter. DF Dent & Co. Inc. now owns 367,871 shares of the financial services provider’s stock worth $15,443,000 after buying an additional 80,014 shares during the period. Wellington Management Group LLP grew its holdings in Trupanion by 4.4% during the 3rd quarter. Wellington Management Group LLP now owns 3,393,879 shares of the financial services provider’s stock worth $142,475,000 after acquiring an additional 142,156 shares during the last quarter. Finally, Weiss Asset Management LP acquired a new position in Trupanion in the 3rd quarter valued at approximately $855,000.

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.