Insider Selling: Trupanion, Inc. (NASDAQ:TRUP) EVP Sells $631,548.00 in Stock

Trupanion, Inc. (NASDAQ:TRUP) EVP Steve Weinrauch sold 11,916 shares of Trupanion stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of $53.00, for a total transaction of $631,548.00. Following the transaction, the executive vice president now directly owns 48,978 shares of the company’s stock, valued at approximately $2,595,834. This trade represents a 19.57 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Trupanion Stock Performance

TRUP opened at $53.60 on Monday. The company has a current ratio of 1.66, a quick ratio of 1.66 and a debt-to-equity ratio of 0.40. Trupanion, Inc. has a 12-month low of $19.69 and a 12-month high of $57.90. The firm has a 50 day moving average of $49.05 and a two-hundred day moving average of $39.47. The firm has a market capitalization of $2.27 billion, a PE ratio of -167.50 and a beta of 1.69.

Trupanion (NASDAQ:TRUP) last posted its earnings results on Wednesday, October 30th. The financial services provider reported $0.03 EPS for the quarter, beating analysts’ consensus estimates of ($0.06) by $0.09. The firm had revenue of $327.50 million for the quarter, compared to analysts’ expectations 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 quarterly revenue was up 14.6% on a year-over-year basis. During the same period last year, the firm earned ($0.10) EPS. On average, analysts anticipate that Trupanion, Inc. will post -0.23 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the stock. Piper Sandler increased their price objective on shares of Trupanion from $45.00 to $57.00 and gave the company a “neutral” rating in a research report on Thursday, October 31st. Stifel Nicolaus raised their price target on Trupanion from $30.00 to $40.00 and gave the stock a “hold” rating in a research note on Monday, September 23rd. Evercore ISI raised Trupanion to a “strong-buy” rating in a report on Friday, August 9th. Northland Securities increased their target price on Trupanion from $45.00 to $50.00 and gave the company a “market perform” rating in a report on Thursday, October 31st. Finally, Bank of America boosted their price target on Trupanion from $47.00 to $56.00 and gave the company a “buy” rating in a research note on Friday, September 20th. Three investment analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $44.67.

Hedge Funds Weigh In On Trupanion

A number of hedge funds have recently made changes to their positions in TRUP. Louisiana State Employees Retirement System grew its stake in Trupanion by 2.8% during the 2nd quarter. Louisiana State Employees Retirement System now owns 18,200 shares of the financial services provider’s stock worth $535,000 after purchasing an additional 500 shares in the last quarter. GAMMA Investing LLC grew its position in Trupanion by 70.4% during the third quarter. GAMMA Investing LLC now owns 1,442 shares of the financial services provider’s stock worth $61,000 after buying an additional 596 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in Trupanion by 7.3% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 9,861 shares of the financial services provider’s stock valued at $414,000 after acquiring an additional 671 shares in the last quarter. WINTON GROUP Ltd increased its position in Trupanion by 1.9% during the second quarter. WINTON GROUP Ltd now owns 37,673 shares of the financial services provider’s stock worth $1,108,000 after buying an additional 685 shares in the last quarter. Finally, CANADA LIFE ASSURANCE Co increased its position in Trupanion by 2.0% during the 1st quarter. CANADA LIFE ASSURANCE Co now owns 43,060 shares of the financial services provider’s stock worth $1,188,000 after purchasing an additional 830 shares in the last quarter.

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.