DF Dent & Co. Inc. Cuts Stake in Trupanion, Inc. (NASDAQ:TRUP)

DF Dent & Co. Inc. lessened its stake in Trupanion, Inc. (NASDAQ:TRUP) by 3.9% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 353,434 shares of the financial services provider’s stock after selling 14,437 shares during the quarter. DF Dent & Co. Inc.’s holdings in Trupanion were worth $17,036,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. SBI Securities Co. Ltd. bought a new stake in Trupanion in the 4th quarter valued at $25,000. Jones Financial Companies Lllp grew 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 valued at $27,000 after purchasing an additional 238 shares in the last quarter. Wilmington Savings Fund Society FSB purchased a new position in shares of Trupanion during the third quarter valued at about $54,000. KBC Group NV bought a new stake in shares of Trupanion in the fourth quarter worth about $75,000. Finally, R Squared Ltd purchased a new stake in shares of Trupanion in the fourth quarter worth about $79,000.

Insider Transactions at Trupanion

In related news, CEO Margaret Tooth sold 4,000 shares of the stock in a transaction dated Thursday, March 20th. The shares were sold at an average price of $37.17, for a total value of $148,680.00. Following the sale, the chief executive officer now directly owns 118,784 shares of the company’s stock, valued at $4,415,201.28. This represents a 3.26 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Brenna Mcgibney sold 5,000 shares of the business’s stock in a transaction that occurred on Friday, March 7th. The shares were sold at an average price of $32.99, for a total value of $164,950.00. Following the transaction, the insider now owns 3,738 shares of the company’s stock, valued at $123,316.62. This trade represents a 57.22 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 29,984 shares of company stock worth $999,042. 5.50% of the stock is currently owned by insiders.

Analysts Set New Price Targets

TRUP has been the subject of several research analyst reports. Piper Sandler cut their price target on Trupanion from $57.00 to $52.00 and set an “overweight” rating for the company in a report on Thursday, February 20th. Stifel Nicolaus cut 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. Two research analysts have rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, Trupanion presently has an average rating of “Moderate Buy” and an average target price of $46.60.

Trupanion Trading Up 0.7 %

Shares of TRUP stock opened at $37.26 on Thursday. The company has a market cap of $1.58 billion, a PE ratio of -162.00, a price-to-earnings-growth ratio of 6.02 and a beta of 1.70. Trupanion, Inc. has a 1 year low of $19.69 and a 1 year high of $57.90. The stock’s 50 day simple moving average is $40.20 and its two-hundred day simple moving average is $46.36. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.71 and a quick ratio of 1.66.

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

Trupanion 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.