Key Points
- Trupanion COO John Gallagher sold 431 shares at an average price of $29.12, generating $12,550.72; he retains 32,880 shares valued at approximately $957,466.
- Trupanion reported quarterly revenue of $392.93 million, up 11.1% year over year, and EPS of $0.16, exceeding analysts’ $0.11 consensus estimate.
- Analyst sentiment remains cautious, with one Buy rating and five Holds; the average price target is $38.40, while several firms recently lowered their targets or ratings.
Trupanion, Inc. (NASDAQ:TRUP - Get Free Report) COO John Gallagher sold 431 shares of the firm's stock in a transaction on Wednesday, October 28th. The shares were sold at an average price of $29.12, for a total transaction of $12,550.72. Following the completion of the transaction, the chief operating officer directly owned 32,880 shares of the company's stock, valued at approximately $957,465.60. This trade represents a 1.29% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.
Trupanion Trading Down 0.2%
Shares of TRUP opened at $30.13 on Friday. The company's fifty day moving average is $26.89 and its 200 day moving average is $26.69. Trupanion, Inc. has a fifty-two week low of $21.16 and a fifty-two week high of $46.98. The stock has a market capitalization of $1.32 billion, a PE ratio of 56.96, a P/E/G ratio of 1.81 and a beta of 1.44. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.77 and a current ratio of 1.77.
Trupanion (NASDAQ:TRUP - Get Free Report) last released its quarterly earnings results on Wednesday, August 5th. The financial services provider reported $0.16 earnings per share (EPS) for the quarter, beating 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 company had revenue of $392.93 million for the quarter, compared to the consensus estimate of $389.72 million. During the same quarter in the prior year, the firm earned $0.22 earnings per share. Trupanion's revenue was up 11.1% on a year-over-year basis. Sell-side analysts expect that Trupanion, Inc. will post 0.63 earnings per share for the current fiscal year.
Hedge Funds Weigh In On Trupanion
A number of large investors have recently made changes to their positions in TRUP. Oregon Public Employees Retirement Fund grew its holdings in Trupanion by 7.7% during the 3rd quarter. Oregon Public Employees Retirement Fund now owns 8,359 shares of the financial services provider's stock valued at $195,000 after purchasing an additional 600 shares during the last quarter. Corecam Pte. Ltd. raised its position in Trupanion by 17.0% in the 3rd quarter. Corecam Pte. Ltd. now owns 21,610 shares of the financial services provider's stock worth $505,000 after purchasing an additional 3,145 shares during the period. Sterling Capital Management LLC lifted its stake in Trupanion by 843.7% in the third quarter. Sterling Capital Management LLC now owns 1,123 shares of the financial services provider's stock worth $26,000 after purchasing an additional 1,004 shares during the last quarter. Yousif Capital Management LLC lifted its stake in Trupanion by 4.0% in the third quarter. Yousif Capital Management LLC now owns 9,328 shares of the financial services provider's stock worth $218,000 after purchasing an additional 356 shares during the last quarter. Finally, WINTON GROUP Ltd boosted its position in shares of Trupanion by 25.2% during the second quarter. WINTON GROUP Ltd now owns 47,749 shares of the financial services provider's stock valued at $1,183,000 after buying an additional 9,596 shares during the period.
Wall Street Analysts Forecast Growth
TRUP has been the topic of several recent research reports. Zacks Research cut shares of Trupanion from a "strong-buy" rating to a "hold" rating in a research report on Monday, August 24th. Weiss Ratings raised shares of Trupanion from a "hold (c-)" rating to a "hold (c)" rating in a report on Tuesday, September 29th. Cantor Fitzgerald dropped their price target on Trupanion from $34.00 to $30.00 and set a "neutral" rating for the company in a research report on Wednesday, October 7th. Piper Sandler cut Trupanion from an "overweight" rating to a "neutral" rating and reduced their price objective for the stock from $45.00 to $32.00 in a research note on Wednesday, August 26th. Finally, Stifel Nicolaus upped their price objective on Trupanion from $28.00 to $29.00 and gave the company a "hold" rating in a research report on Thursday, August 20th. One equities research analyst has rated the stock with a Buy rating and five have given a Hold rating to the company's stock. According to MarketBeat, the stock has an average rating of "Hold" and an average target price of $38.40.
View Our Latest Stock Report on TRUP
Trupanion Company Profile
(
Get Free Report)
Trupanion, Inc is a pet insurance company that provides medical insurance coverage for cats and dogs. Its products are designed to help pet owners manage the cost of veterinary care, including coverage for eligible illnesses, injuries and other qualifying medical conditions, subject to the terms of each policy.
The company offers subscription-based pet insurance through the Trupanion brand, with coverage generally intended for ongoing veterinary expenses rather than routine or preventive care.
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