Trupanion Inc (NASDAQ:TRUP) Insider Sells $28,888.00 in Stock

Trupanion Inc (NASDAQ:TRUP) insider Asher Bearman sold 400 shares of Trupanion stock in a transaction that occurred on Tuesday, September 15th. The stock was sold at an average price of $72.22, for a total transaction of $28,888.00. Following the completion of the transaction, the insider now directly owns 6,796 shares in the company, valued at approximately $490,807.12. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

NASDAQ TRUP traded up $2.32 on Wednesday, hitting $73.99. 6,994 shares of the company’s stock traded hands, compared to its average volume of 466,912. The company has a current ratio of 1.63, a quick ratio of 1.63 and a debt-to-equity ratio of 0.19. Trupanion Inc has a 1-year low of $20.84 and a 1-year high of $77.00. The firm’s 50-day moving average price is $61.43 and its two-hundred day moving average price is $40.47. The firm has a market capitalization of $2.53 billion, a PE ratio of 1,433.69 and a beta of 1.64.

Trupanion (NASDAQ:TRUP) last posted its earnings results on Tuesday, August 4th. The financial services provider reported $0.04 earnings per share for the quarter, beating the consensus estimate of ($0.01) by $0.05. The firm had revenue of $117.92 million during the quarter, compared to analyst estimates of $114.63 million. Trupanion had a net margin of 0.38% and a return on equity of 1.19%. The business’s quarterly revenue was up 27.9% on a year-over-year basis. During the same period in the previous year, the firm earned ($0.06) EPS. On average, research analysts anticipate that Trupanion Inc will post -0.05 earnings per share for the current fiscal year.

A number of analysts recently commented on the stock. Northland Securities cut shares of Trupanion from an “outperform” rating to a “market perform” rating and lifted their target price for the stock from $42.00 to $50.00 in a research note on Wednesday, August 5th. They noted that the move was a valuation call. Zacks Investment Research cut shares of Trupanion from a “buy” rating to a “hold” rating in a research note on Saturday, August 8th. Stifel Nicolaus lifted their target price on shares of Trupanion from $33.00 to $43.00 and gave the stock a “hold” rating in a research note on Thursday, July 30th. Lake Street Capital lifted their target price on shares of Trupanion from $50.00 to $67.00 and gave the stock a “buy” rating in a research note on Wednesday, August 5th. Finally, BidaskClub upgraded shares of Trupanion from a “hold” rating to a “buy” rating in a research note on Thursday, September 10th. Six equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $48.88.

Several large investors have recently bought and sold shares of the company. Wellington Management Group LLP increased its holdings in shares of Trupanion by 0.6% during the 1st quarter. Wellington Management Group LLP now owns 3,339,165 shares of the financial services provider’s stock valued at $86,918,000 after purchasing an additional 18,710 shares in the last quarter. Capital World Investors increased its holdings in shares of Trupanion by 8.1% during the 1st quarter. Capital World Investors now owns 2,795,507 shares of the financial services provider’s stock valued at $72,767,000 after purchasing an additional 210,000 shares in the last quarter. BlackRock Inc. increased its holdings in shares of Trupanion by 1.4% during the 1st quarter. BlackRock Inc. now owns 2,044,601 shares of the financial services provider’s stock valued at $53,220,000 after purchasing an additional 28,238 shares in the last quarter. Baillie Gifford & Co. increased its holdings in shares of Trupanion by 0.8% during the 1st quarter. Baillie Gifford & Co. now owns 1,388,782 shares of the financial services provider’s stock valued at $36,151,000 after purchasing an additional 11,652 shares in the last quarter. Finally, RV Capital GmbH increased its holdings in shares of Trupanion by 3.0% during the 1st quarter. RV Capital GmbH now owns 770,317 shares of the financial services provider’s stock valued at $20,051,000 after purchasing an additional 22,773 shares in the last quarter. 91.98% of the stock is owned by hedge funds and other institutional investors.

About Trupanion

Trupanion, Inc, together with its subsidiaries, provides medical insurance for cats and dogs on monthly subscription basis in the United States, Canada, and Puerto Rico. The company operates through Subscription Business and Other Business segments. It serves pet owners and veterinarians through third-party referrals and online member acquisition channels.

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Insider Buying and Selling by Quarter for Trupanion (NASDAQ:TRUP)

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