Trupanion, Inc. (NASDAQ:TRUP) SVP Sells $49,095.00 in Stock

Trupanion, Inc. (NASDAQ:TRUP) SVP Emily Dreyer sold 900 shares of the firm’s stock in a transaction on Monday, November 25th. The stock was sold at an average price of $54.55, for a total value of $49,095.00. Following the completion of the transaction, the senior vice president now owns 23,808 shares in the company, valued at $1,298,726.40. This represents a 3.64 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Emily Dreyer also recently made the following trade(s):

• On Friday, November 22nd, Emily Dreyer sold 3,100 shares of Trupanion stock. The stock was sold at an average price of $54.85, for a total value of $170,035.00.

Trupanion Stock Performance

Shares of Trupanion stock traded up $0.89 during trading on Tuesday, reaching $54.35. The company’s stock had a trading volume of 357,290 shares, compared to its average volume of 678,444. The company has a quick ratio of 1.66, a current ratio of 1.66 and a debt-to-equity ratio of 0.40. The business’s 50-day moving average price is $49.19 and its 200-day moving average price is $39.67. Trupanion, Inc. has a 52 week low of $19.69 and a 52 week high of $57.90. The firm has a market cap of $2.30 billion, a PE ratio of -169.34 and a beta of 1.69.

Trupanion (NASDAQ:TRUP) last posted its quarterly earnings data on Wednesday, October 30th. The financial services provider reported $0.03 EPS for the quarter, topping analysts’ consensus estimates of ($0.06) by $0.09. The firm 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%. The company’s revenue was up 14.6% on a year-over-year basis. During the same quarter last year, the company earned ($0.10) EPS. Equities analysts forecast that Trupanion, Inc. will post -0.23 earnings per share for the current year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. FMR LLC boosted its holdings 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. Renaissance Technologies LLC bought a new position in Trupanion during the 2nd quarter worth $4,739,000. Wellington Management Group LLP raised its position in shares of Trupanion by 4.4% during the third quarter. Wellington Management Group LLP now owns 3,393,879 shares of the financial services provider’s stock worth $142,475,000 after acquiring an additional 142,156 shares during the last quarter. Hosking Partners LLP acquired a new position in shares of Trupanion in the 2nd quarter worth approximately $3,523,000. Finally, Marshall Wace LLP boosted its position in Trupanion by 11.9% during the second quarter. Marshall Wace LLP now owns 1,094,589 shares of the financial services provider’s stock valued at $32,181,000 after acquiring an additional 116,496 shares during the last quarter.

Wall Street Analyst Weigh In

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

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.