Trupanion, Inc. (NASDAQ:TRUP) EVP Sells $631,548.00 in Stock

Trupanion, Inc. (NASDAQ:TRUP) EVP Steve Weinrauch sold 11,916 shares of the company’s stock in a transaction that occurred on Thursday, November 21st. The shares were sold at an average price of $53.00, for a total value of $631,548.00. Following the completion of the transaction, the executive vice president now directly owns 48,978 shares of the company’s stock, valued at approximately $2,595,834. This trade represents a 19.57 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Trupanion Stock Performance

Shares of TRUP stock opened at $53.60 on Monday. The company has a quick ratio of 1.66, a current ratio of 1.66 and a debt-to-equity ratio of 0.40. Trupanion, Inc. has a 12 month low of $19.69 and a 12 month high of $57.90. The company’s fifty day simple moving average is $49.05 and its 200-day simple moving average is $39.47. The firm has a market cap of $2.27 billion, a PE ratio of -167.50 and a beta of 1.69.

Trupanion (NASDAQ:TRUP) last released its earnings results on Wednesday, October 30th. The financial services provider reported $0.03 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.06) by $0.09. The business had revenue of $327.50 million for 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 prior year, the company posted ($0.10) earnings per share. Equities research analysts expect that Trupanion, Inc. will post -0.23 EPS for the current fiscal year.

Analyst Ratings Changes

TRUP has been the topic of a number of recent research reports. Evercore ISI raised Trupanion to a “strong-buy” rating in a report on Friday, August 9th. Stifel Nicolaus upped their target price on shares of Trupanion from $30.00 to $40.00 and gave the company a “hold” rating in a research report on Monday, September 23rd. Northland Securities lifted their price objective on Trupanion from $45.00 to $50.00 and gave the stock a “market perform” rating in a research note on Thursday, October 31st. Piper Sandler increased their target price on Trupanion from $45.00 to $57.00 and gave the company a “neutral” rating in a research note on Thursday, October 31st. Finally, Bank of America boosted their price objective on shares of Trupanion from $47.00 to $56.00 and gave the company a “buy” rating in a report on Friday, September 20th. 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. According to data from MarketBeat.com, Trupanion has a consensus rating of “Moderate Buy” and an average target price of $44.67.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of TRUP. Louisiana State Employees Retirement System raised its stake in Trupanion by 2.8% in 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 buying an additional 500 shares during the period. GAMMA Investing LLC boosted 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 worth $61,000 after purchasing an additional 596 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank raised its position in shares of Trupanion by 7.3% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 9,861 shares of the financial services provider’s stock valued at $414,000 after purchasing an additional 671 shares during the period. WINTON GROUP Ltd boosted its holdings in shares of Trupanion by 1.9% during the 2nd quarter. WINTON GROUP Ltd now owns 37,673 shares of the financial services provider’s stock worth $1,108,000 after buying an additional 685 shares during the period. Finally, CANADA LIFE ASSURANCE Co raised its holdings in Trupanion by 2.0% in the 1st quarter. CANADA LIFE ASSURANCE Co now owns 43,060 shares of the financial services provider’s stock valued at $1,188,000 after acquiring an additional 830 shares during the period.

Trupanion Company Profile

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.