Key Points
- CEO Margaret Tooth sold 1,000 Trupanion shares at an average price of $25.84, totaling $25,840, under a pre-arranged Rule 10b5-1 trading plan. She retained 184,952 shares after the sale.
- Trupanion reported quarterly EPS of $0.16, exceeding the $0.11 consensus estimate, while revenue rose 11.1% year over year to $392.93 million.
- Analysts maintain a consensus “Hold” rating, with one Buy and five Hold ratings and an average price target of $38.40; shares opened at $26.57 and have a $21.16–$46.98 12-month range.
Trupanion, Inc. (NASDAQ:TRUP - Get Free Report) CEO Margaret Tooth sold 1,000 shares of the company's stock in a transaction on Friday, October 9th. The stock was sold at an average price of $25.84, for a total value of $25,840.00. Following the sale, the chief executive officer owned 184,952 shares of the company's stock, valued at approximately $4,779,159.68. This represents a 0.54% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Margaret Tooth also recently made the following trade(s):
- On Friday, September 11th, Margaret Tooth sold 1,000 shares of Trupanion stock. The shares were sold at an average price of $25.00, for a total value of $25,000.00.
- On Tuesday, August 25th, Margaret Tooth sold 491 shares of Trupanion stock. The shares were sold at an average price of $31.84, for a total value of $15,633.44.
- On Tuesday, August 11th, Margaret Tooth sold 978 shares of Trupanion stock. The shares were sold at an average price of $29.05, for a total value of $28,410.90.
Trupanion Stock Up 1.1%
Shares of NASDAQ TRUP opened at $26.57 on Wednesday. The company has a current ratio of 1.77, a quick ratio of 1.77 and a debt-to-equity ratio of 0.24. The company has a market cap of $1.17 billion, a price-to-earnings ratio of 49.60, a PEG ratio of 1.80 and a beta of 1.44. Trupanion, Inc. has a 12 month low of $21.16 and a 12 month high of $46.98. The stock has a 50-day moving average price of $26.99 and a two-hundred day moving average price of $25.51.
Trupanion (NASDAQ:TRUP - Get Free Report) last posted its earnings results on Wednesday, August 5th. The financial services provider reported $0.16 EPS for the quarter, topping analysts' consensus estimates of $0.11 by $0.05. Trupanion had a net margin of 1.53% and a return on equity of 5.96%. The firm had revenue of $392.93 million during the quarter, compared to analysts' expectations of $389.72 million. During the same quarter in the prior year, the business earned $0.22 earnings per share. The business's revenue for the quarter was up 11.1% compared to the same quarter last year. As a group, analysts forecast that Trupanion, Inc. will post 0.63 earnings per share for the current fiscal year.
Analyst Ratings Changes
TRUP has been the subject of a number of research analyst reports. Zacks Research cut shares of Trupanion from a "strong-buy" rating to a "hold" rating in a research report on Monday, August 24th. Atlantic Securities set a $42.00 target price on shares of Trupanion in a research report on Wednesday, July 15th. Cantor Fitzgerald decreased their target price on shares of Trupanion from $34.00 to $30.00 and set a "neutral" rating on the stock in a research note on Wednesday, October 7th. Stifel Nicolaus boosted their target price on shares of Trupanion from $28.00 to $29.00 and gave the stock a "hold" rating in a research note on Thursday, August 20th. Finally, Weiss Ratings upgraded shares of Trupanion from a "hold (c-)" rating to a "hold (c)" rating in a report on Tuesday, September 29th. One equities research analyst has rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $38.40.
Get Our Latest Analysis on Trupanion
Institutional Inflows and Outflows
A number of large investors have recently added to or reduced their stakes in the business. BlackRock Inc. bought a new stake in Trupanion during the 2nd quarter worth approximately $134,774,000. Polar Capital Holdings Plc increased its position in 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 acquiring an additional 175,000 shares during the period. Greenlea Lane Capital Management LLC increased its position in 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 acquiring an additional 12,395 shares during the period. Dimensional Fund Advisors LP raised its stake in shares of Trupanion by 15.7% during the first quarter. Dimensional Fund Advisors LP now owns 702,086 shares of the financial services provider's stock valued at $17,981,000 after acquiring an additional 95,064 shares during the last quarter. Finally, Bank of America Corp DE bought a new position in shares of Trupanion during the second quarter valued at $14,262,000.
About Trupanion
(
Get Free Report)
Trupanion, Inc is a pet insurance company that provides medical insurance for cats and dogs. Its coverage is designed to help pet owners manage eligible veterinary expenses, including treatment for accidents, illnesses and other covered medical conditions.
The company offers subscription-based insurance plans primarily through direct-to-consumer channels and partnerships with veterinary practices. Trupanion also provides tools intended to streamline claims processing and enable participating veterinarians to receive payments directly, reducing the need for pet owners to pay eligible costs upfront and seek reimbursement.
Founded in 2000, Trupanion is headquartered in Seattle, Washington.
Further Reading
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