Trupanion, Inc. (NASDAQ:TRUP) SVP Emily Dreyer Sells 14,025 Shares

Trupanion, Inc. (NASDAQ:TRUP) SVP Emily Dreyer sold 14,025 shares of Trupanion stock in a transaction dated Friday, March 7th. The shares were sold at an average price of $32.41, for a total transaction of $454,550.25. Following the sale, the senior vice president now directly owns 27,645 shares in the company, valued at $895,974.45. The trade was a 33.66 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

Trupanion Price Performance

Trupanion stock opened at $33.20 on Wednesday. Trupanion, Inc. has a 1 year low of $19.69 and a 1 year high of $57.90. 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 company’s fifty day moving average price is $43.50 and its 200 day moving average price is $47.33. The stock has a market capitalization of $1.41 billion, a P/E ratio of -144.35, a P/E/G ratio of 6.02 and a beta of 1.70.

Trupanion (NASDAQ:TRUP) last announced its quarterly earnings data 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 company had revenue of $337.31 million for the quarter, compared to analyst estimates of $335.41 million. Trupanion had a negative return on equity of 3.08% and a negative net margin of 0.75%. As a group, equities research analysts anticipate that Trupanion, Inc. will post 0.13 earnings per share for the current fiscal year.

Institutional Trading of Trupanion

Hedge funds have recently added to or reduced their stakes in the business. FMR LLC raised its position in shares of Trupanion by 55,963.7% in the 3rd quarter. FMR LLC now owns 1,172,293 shares of the financial services provider’s stock valued at $49,213,000 after purchasing an additional 1,170,202 shares in the last quarter. Balyasny Asset Management L.P. lifted its holdings in shares of Trupanion by 368.2% during the fourth quarter. Balyasny Asset Management L.P. now owns 841,254 shares of the financial services provider’s stock valued at $40,548,000 after purchasing an additional 661,559 shares during the last quarter. BNP Paribas Financial Markets lifted its holdings in shares of Trupanion by 170.7% during the fourth quarter. BNP Paribas Financial Markets now owns 337,093 shares of the financial services provider’s stock valued at $16,248,000 after purchasing an additional 212,545 shares during the last quarter. Freestone Grove Partners LP acquired a new position in Trupanion during the fourth quarter valued at $7,776,000. Finally, Baillie Gifford & Co. raised its position in Trupanion by 26.6% during the fourth quarter. Baillie Gifford & Co. now owns 701,366 shares of the financial services provider’s stock valued at $33,806,000 after buying an additional 147,341 shares during the period.

Wall Street Analyst Weigh In

Several brokerages have issued reports on TRUP. Stifel Nicolaus decreased their target price on shares of Trupanion from $44.00 to $41.00 and set a “hold” rating for the company in a report on Thursday, February 20th. Piper Sandler dropped their target price on shares of Trupanion from $57.00 to $52.00 and set an “overweight” rating for the company in a research report on Thursday, February 20th. Two investment analysts have rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $46.60.

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.