Trupanion, Inc. (NASDAQ:TRUP) Insider Brenna Mcgibney Sells 5,000 Shares

Trupanion, Inc. (NASDAQ:TRUP) insider Brenna Mcgibney sold 5,000 shares of the business’s stock in a transaction 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 approximately $123,316.62. The trade was a 57.22 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Trupanion Trading Up 2.3 %

TRUP opened at $33.20 on Wednesday. The stock’s fifty day moving average is $43.50 and its two-hundred day moving average is $47.33. The company has a market capitalization of $1.41 billion, a P/E ratio of -144.35, a PEG ratio of 6.02 and a beta of 1.70. Trupanion, Inc. has a 52 week low of $19.69 and a 52 week high of $57.90. The company has a quick ratio of 1.66, a current ratio of 1.71 and a debt-to-equity ratio of 0.39.

Trupanion (NASDAQ:TRUP) last released its quarterly earnings results on Wednesday, February 19th. The financial services provider reported $0.04 earnings per share (EPS) for the quarter, missing the consensus estimate 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 analysts’ expectations of $335.41 million. Analysts forecast that Trupanion, Inc. will post 0.13 earnings per share for the current year.

Institutional Trading of Trupanion

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. SBI Securities Co. Ltd. purchased a new position in shares of Trupanion during the fourth quarter worth $25,000. Jones Financial Companies Lllp raised its holdings 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 during the last quarter. Quarry LP purchased a new position in shares of Trupanion during the fourth quarter worth $39,000. Quest Partners LLC purchased a new position in shares of Trupanion during the third quarter worth $37,000. Finally, Aster Capital Management DIFC Ltd raised its holdings in shares of Trupanion by 988.5% during the fourth quarter. Aster Capital Management DIFC Ltd now owns 1,132 shares of the financial services provider’s stock worth $55,000 after purchasing an additional 1,028 shares during the last quarter.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on TRUP shares. Stifel Nicolaus dropped their price objective on 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 price objective on Trupanion from $57.00 to $52.00 and set an “overweight” rating for the company in a report on Thursday, February 20th. Two analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $46.60.

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.