Tricia Plouf Sells 350 Shares of Trupanion, Inc. (NASDAQ:TRUP) Stock
Trupanion, Inc. (NASDAQ:TRUP – Get Rating) COO Tricia Plouf sold 350 shares of the business’s stock in a transaction that occurred on Wednesday, January 11th. The shares were sold at an average price of $52.57, for a total transaction of $18,399.50. Following the completion of the transaction, the chief operating officer now directly owns 42,073 shares of the company’s stock, valued at approximately $2,211,777.61. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.
Trupanion Trading Up 2.6 %
TRUP traded up $1.40 during trading on Friday, hitting $54.62. 379,765 shares of the company’s stock were exchanged, compared to its average volume of 393,374. The company has a current ratio of 1.50, a quick ratio of 1.50 and a debt-to-equity ratio of 0.18. Trupanion, Inc. has a 1 year low of $40.77 and a 1 year high of $102.16. The stock has a 50 day moving average price of $51.58 and a 200 day moving average price of $58.96. The firm has a market cap of $2.23 billion, a P/E ratio of -51.17 and a beta of 1.77.
Trupanion (NASDAQ:TRUP – Get Rating) last released its quarterly earnings data on Thursday, November 3rd. The financial services provider reported ($0.32) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.29) by ($0.03). Trupanion had a negative return on equity of 13.12% and a negative net margin of 4.97%. The business had revenue of $233.76 million for the quarter, compared to analysts’ expectations of $231.21 million. As a group, analysts expect that Trupanion, Inc. will post -1.17 EPS for the current fiscal year.
Analysts Set New Price Targets
TRUP has been the subject of a number of analyst reports. Jefferies Financial Group initiated coverage on shares of Trupanion in a research report on Wednesday, September 21st. They issued a “buy” rating and a $77.00 price objective for the company. StockNews.com started coverage on shares of Trupanion in a report on Wednesday, October 12th. They issued a “sell” rating for the company. Lake Street Capital lowered their target price on shares of Trupanion to $67.00 in a report on Friday, November 4th. Piper Sandler boosted their target price on shares of Trupanion from $46.00 to $53.00 and gave the company a “neutral” rating in a report on Tuesday, December 20th. Finally, UBS Group lowered their target price on shares of Trupanion from $80.00 to $66.00 and set a “buy” rating for the company in a report on Friday, November 4th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $77.25.
Institutional Investors Weigh In On Trupanion
Several institutional investors have recently bought and sold shares of the business. Eschler Asset Management LLP boosted its stake in shares of Trupanion by 1.3% in the third quarter. Eschler Asset Management LLP now owns 16,179 shares of the financial services provider’s stock valued at $962,000 after purchasing an additional 208 shares during the period. State of Alaska Department of Revenue boosted its stake in shares of Trupanion by 0.9% in the fourth quarter. State of Alaska Department of Revenue now owns 24,483 shares of the financial services provider’s stock valued at $1,163,000 after purchasing an additional 222 shares during the period. Harbor Investment Advisory LLC boosted its stake in shares of Trupanion by 24.0% in the third quarter. Harbor Investment Advisory LLC now owns 1,168 shares of the financial services provider’s stock valued at $69,000 after purchasing an additional 226 shares during the period. PNC Financial Services Group Inc. boosted its stake in shares of Trupanion by 12.1% in the first quarter. PNC Financial Services Group Inc. now owns 2,340 shares of the financial services provider’s stock valued at $209,000 after purchasing an additional 253 shares during the period. Finally, Snider Financial Group boosted its stake in shares of Trupanion by 10.0% in the first quarter. Snider Financial Group now owns 2,889 shares of the financial services provider’s stock valued at $257,000 after purchasing an additional 263 shares during the period. 97.55% of the stock is currently owned by hedge funds and other institutional investors.
Trupanion, Inc, together with its subsidiaries, provides medical insurance for cats and dogs on a monthly subscription basis in the United States, Canada, Puerto Rico, and Australia. The company operates in two segments, Subscription Business and Other Business. It serves pet owners and veterinarians.
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