Key Points
- Trupanion COO John Gallagher sold 3,603 shares on May 28 at an average price of $21.69, totaling about $78,149. After the sale, he still held 33,065 shares, a 9.83% reduction in his ownership.
- The company recently beat quarterly expectations, reporting EPS of $0.11 versus the $0.07 consensus and revenue of $384.05 million, up 12.3% year over year.
- Analyst sentiment is mixed, with a current consensus rating of “Hold” and an average price target of $42.25, while recent reports included both target cuts and rating downgrades.
Trupanion, Inc. (NASDAQ:TRUP - Get Free Report) COO John Gallagher sold 3,603 shares of Trupanion stock in a transaction on Thursday, May 28th. The stock was sold at an average price of $21.69, for a total transaction of $78,149.07. Following the completion of the transaction, the chief operating officer directly owned 33,065 shares of the company's stock, valued at $717,179.85. The trade was a 9.83% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Trupanion Price Performance
TRUP stock opened at $22.26 on Tuesday. Trupanion, Inc. has a 12 month low of $21.16 and a 12 month high of $57.88. The company has a current ratio of 1.73, a quick ratio of 1.73 and a debt-to-equity ratio of 0.25. The company has a 50-day moving average price of $24.86 and a 200 day moving average price of $30.16. The stock has a market cap of $970.98 million, a PE ratio of 37.73 and a beta of 1.45.
Trupanion (NASDAQ:TRUP - Get Free Report) last released its quarterly earnings results on Thursday, April 30th. The financial services provider reported $0.11 EPS for the quarter, topping analysts' consensus estimates of $0.07 by $0.04. Trupanion had a net margin of 1.74% and a return on equity of 6.87%. The firm had revenue of $384.05 million during the quarter, compared to analysts' expectations of $379.77 million. During the same period in the previous year, the company earned ($0.03) EPS. The firm's revenue for the quarter was up 12.3% compared to the same quarter last year. Equities research analysts anticipate that Trupanion, Inc. will post 0.53 earnings per share for the current year.
Institutional Investors Weigh In On Trupanion
Several large investors have recently modified their holdings of the business. Polar Capital Holdings Plc raised its holdings in shares of Trupanion by 13.5% in the 4th quarter. Polar Capital Holdings Plc now owns 1,475,000 shares of the financial services provider's stock valued at $55,121,000 after purchasing an additional 175,000 shares in the last quarter. State Street Corp raised its holdings in shares of Trupanion by 2.2% in the 4th quarter. State Street Corp now owns 1,290,987 shares of the financial services provider's stock valued at $48,244,000 after purchasing an additional 27,385 shares in the last quarter. Marshall Wace LLP raised its holdings in shares of Trupanion by 4.5% in the 4th quarter. Marshall Wace LLP now owns 1,267,262 shares of the financial services provider's stock valued at $47,358,000 after purchasing an additional 55,111 shares in the last quarter. Greenlea Lane Capital Management LLC raised its holdings in shares of Trupanion by 1.6% in the 4th quarter. Greenlea Lane Capital Management LLC now owns 776,490 shares of the financial services provider's stock valued at $29,017,000 after purchasing an additional 12,395 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its holdings in shares of Trupanion by 15.7% in the 1st quarter. Dimensional Fund Advisors LP now owns 702,086 shares of the financial services provider's stock valued at $17,981,000 after purchasing an additional 95,064 shares in the last quarter.
Wall Street Analyst Weigh In
TRUP has been the subject of a number of recent analyst reports. Zacks Research cut shares of Trupanion from a "strong-buy" rating to a "hold" rating in a research note on Friday, February 13th. Cantor Fitzgerald dropped their price target on shares of Trupanion from $42.00 to $34.00 and set a "neutral" rating for the company in a research note on Thursday, April 9th. Bank of America dropped their price target on shares of Trupanion from $63.00 to $59.00 and set a "buy" rating for the company in a research note on Tuesday, April 14th. Weiss Ratings cut shares of Trupanion from a "hold (c-)" rating to a "sell (d+)" rating in a research note on Wednesday, March 4th. Finally, Stifel Nicolaus dropped their price target on shares of Trupanion from $35.00 to $31.00 and set a "hold" rating for the company in a research note on Tuesday, March 31st. Two equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $42.25.
View Our Latest Analysis on TRUP
About Trupanion
(
Get Free Report)
Trupanion, Inc is a pet medical insurance company that provides comprehensive insurance coverage for cats and dogs. The company's core offering is a single, customizable medical policy designed to cover veterinary diagnostic tests, surgeries, hospital stays and congenital or hereditary conditions. Trupanion seeks to streamline the claims process by offering direct payment options to participating veterinarians, reducing the need for upfront payments by pet owners.
Founded in 1999 by Darryl Rawlings and headquartered in Seattle, Washington, Trupanion began operations in the early 2000s and has grown its presence through both digital channels and partnerships with veterinary hospitals.
Further Reading
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