Trupanion, Inc. (NASDAQ:TRUP) CEO Margaret Tooth Sells 2,294 Shares

Trupanion, Inc. (NASDAQ:TRUP) CEO Margaret Tooth sold 2,294 shares of Trupanion stock in a transaction on Tuesday, March 4th. The shares were sold at an average price of $31.39, for a total value of $72,008.66. Following the transaction, the chief executive officer now owns 118,784 shares in the company, valued at $3,728,629.76. This trade represents a 1.89 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link.

Trupanion Price Performance

NASDAQ:TRUP opened at $32.66 on Friday. The company has a quick ratio of 1.66, a current ratio of 1.71 and a debt-to-equity ratio of 0.39. The business’s 50-day simple moving average is $44.46 and its two-hundred day simple moving average is $47.54. The stock has a market cap of $1.38 billion, a PE ratio of -142.00, a P/E/G ratio of 6.02 and a beta of 1.60. Trupanion, Inc. has a 52 week low of $19.69 and a 52 week high of $57.90.

Trupanion (NASDAQ:TRUP) last posted its quarterly earnings results on Wednesday, February 19th. The financial services provider reported $0.04 EPS for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.02). The business had revenue of $337.31 million for the quarter, compared to the consensus estimate of $335.41 million. Trupanion had a negative net margin of 0.75% and a negative return on equity of 3.08%. As a group, analysts forecast that Trupanion, Inc. will post 0.13 EPS for the current fiscal year.

Institutional Investors Weigh In On Trupanion

Several large investors have recently made changes to their positions in TRUP. SBI Securities Co. Ltd. bought a new stake in shares of Trupanion in the fourth quarter worth about $25,000. Jones Financial Companies Lllp increased its holdings in shares of Trupanion by 71.7% in the fourth quarter. Jones Financial Companies Lllp now owns 570 shares of the financial services provider’s stock worth $27,000 after purchasing an additional 238 shares during the last quarter. Quest Partners LLC bought a new stake in shares of Trupanion in the third quarter worth about $37,000. Quarry LP bought a new stake in shares of Trupanion in the fourth quarter worth about $39,000. Finally, Wilmington Savings Fund Society FSB bought a new stake in shares of Trupanion in the third quarter worth about $54,000.

Analyst Ratings Changes

Several equities analysts recently weighed in on the company. Stifel Nicolaus lowered their target price on Trupanion from $44.00 to $41.00 and set a “hold” rating on the stock in a research report on Thursday, February 20th. Piper Sandler lowered their target price on Trupanion from $57.00 to $52.00 and set an “overweight” rating on the stock in a research report on Thursday, February 20th. Two investment analysts have rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, Trupanion presently has an average rating of “Moderate Buy” and a consensus price target of $46.60.

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.