Trupanion, Inc. (NASDAQ:TRUP) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of Trupanion, Inc. (NASDAQ:TRUP) have been assigned a consensus rating of “Moderate Buy” from the seven brokerages that are presently covering the company, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold recommendation, four have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is $46.60.

TRUP has been the subject of several recent analyst reports. Piper Sandler decreased their target price on Trupanion from $57.00 to $52.00 and set an “overweight” rating for the company in a research note on Thursday, February 20th. Stifel Nicolaus reduced their price objective on Trupanion from $44.00 to $41.00 and set a “hold” rating for the company in a research report on Thursday, February 20th.

Insider Buying and Selling at Trupanion

In related news, CEO Margaret Tooth sold 2,294 shares of Trupanion stock in a transaction dated Tuesday, March 4th. The shares were sold at an average price of $31.39, for a total transaction of $72,008.66. Following the completion of the transaction, the chief executive officer now directly owns 118,784 shares of the company’s stock, valued at $3,728,629.76. This trade represents a 1.89 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, COO John R. Gallagher sold 3,100 shares of the company’s stock in a transaction dated Friday, March 7th. The stock was sold at an average price of $32.99, for a total transaction of $102,269.00. Following the sale, the chief operating officer now directly owns 25,549 shares in the company, valued at $842,861.51. This represents a 10.82 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 29,984 shares of company stock valued at $999,042. 5.50% of the stock is currently owned by company insiders.

Institutional Trading of Trupanion

Several large investors have recently made changes to their positions in TRUP. SBI Securities Co. Ltd. acquired a new position in Trupanion during the 4th quarter worth about $25,000. Jones Financial Companies Lllp lifted its position in shares of Trupanion by 71.7% during 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 in the last quarter. Quarry LP bought a new stake in shares of Trupanion during the fourth quarter valued at approximately $39,000. Quest Partners LLC bought a new stake in shares of Trupanion during the third quarter valued at approximately $37,000. Finally, Aster Capital Management DIFC Ltd increased its holdings in shares of Trupanion by 988.5% in the fourth quarter. Aster Capital Management DIFC Ltd now owns 1,132 shares of the financial services provider’s stock valued at $55,000 after purchasing an additional 1,028 shares in the last quarter.

Trupanion Stock Down 5.2 %

TRUP opened at $36.25 on Monday. The firm has a market cap of $1.54 billion, a P/E ratio of -157.61, a price-to-earnings-growth ratio of 6.02 and a beta of 1.70. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.66 and a current ratio of 1.71. The business has a 50 day moving average price of $40.80 and a 200 day moving average price of $46.55. Trupanion has a twelve month low of $19.69 and a twelve month high of $57.90.

Trupanion (NASDAQ:TRUP) last issued its quarterly earnings data on Wednesday, February 19th. The financial services provider reported $0.04 earnings per share for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.02). Trupanion had a negative return on equity of 3.08% and a negative net margin of 0.75%. The firm had revenue of $337.31 million during the quarter, compared to analyst estimates of $335.41 million. Research analysts forecast that Trupanion will post 0.13 EPS for the current year.

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.