Insider Selling: Trupanion (NASDAQ:TRUP) CEO Sells $72,920.00 in Stock

Trupanion, Inc. (NASDAQ:TRUP - Get Free Report) CEO Margaret Tooth sold 2,000 shares of the stock in a transaction dated Monday, November 9th. The shares were sold at an average price of $36.46, for a total value of $72,920.00. Following the completion of the sale, the chief executive officer directly owned 182,952 shares in the company, valued at $6,670,429.92. This represents a 1.08% decrease in their position. The transaction was disclosed in a 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, October 9th, Margaret Tooth sold 1,000 shares of Trupanion stock. The stock was sold at an average price of $25.84, for a total value of $25,840.00.
  • On Friday, September 11th, Margaret Tooth sold 1,000 shares of Trupanion stock. The stock was 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 stock was sold at an average price of $31.84, for a total transaction of $15,633.44.

Trupanion Stock Down 0.2%




Shares of NASDAQ:TRUP opened at $34.30 on Friday. The firm's 50 day moving average price is $27.61 and its 200 day moving average price is $26.73. The stock has a market cap of $1.48 billion, a price-to-earnings ratio of 56.23, a price-to-earnings-growth ratio of 1.59 and a beta of 1.27. Trupanion, Inc. has a fifty-two week low of $21.16 and a fifty-two week high of $39.61. The company has a quick ratio of 1.74, a current ratio of 1.74 and a debt-to-equity ratio of 0.24.

Trupanion (NASDAQ:TRUP - Get Free Report) last issued its quarterly earnings results on Thursday, November 5th. The financial services provider reported $0.21 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.17 by $0.04. Trupanion had a net margin of 1.71% and a return on equity of 6.71%. The company had revenue of $405.59 million during the quarter, compared to the consensus estimate of $402.53 million. During the same quarter in the previous year, the firm earned $0.13 earnings per share. As a group, equities research analysts predict that Trupanion, Inc. will post 0.68 earnings per share for the current fiscal year.

Institutional Trading of Trupanion

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in TRUP. First Trust Advisors LP lifted its position in shares of Trupanion by 52.9% during the 3rd quarter. First Trust Advisors LP now owns 83,490 shares of the financial services provider's stock worth $1,950,000 after buying an additional 28,903 shares during the last quarter. Landscape Capital Management L.L.C. grew its position in shares of Trupanion by 27.8% in the 3rd quarter. Landscape Capital Management L.L.C. now owns 132,191 shares of the financial services provider's stock valued at $3,088,000 after buying an additional 28,736 shares during the last quarter. Fifth Third Bancorp grew its position in shares of Trupanion by 4.0% in the 3rd quarter. Fifth Third Bancorp now owns 7,772 shares of the financial services provider's stock valued at $182,000 after buying an additional 302 shares during the last quarter. Illinois Municipal Retirement Fund raised its stake in Trupanion by 22.8% during the 3rd quarter. Illinois Municipal Retirement Fund now owns 20,635 shares of the financial services provider's stock worth $482,000 after acquiring an additional 3,833 shares in the last quarter. Finally, Oregon Public Employees Retirement Fund raised its stake 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 worth $195,000 after acquiring an additional 600 shares in the last quarter.

Latest Trupanion News

These are some of the TRUP news items that stood out recently:

  • Positive Sentiment: Two analyst headlines say Cantor Fitzgerald and Stifel Nicolaus expect Trupanion’s stock to rise, offering support for the bullish outlook. The articles provided do not include target prices or further rationale. Cantor Fitzgerald analyst article Stifel Nicolaus analyst article
  • Positive Sentiment: Trupanion was recognized among Canada’s best companies for customer service by Newsweek, a reputational positive that may support its brand. Newsweek customer-service recognition
  • Negative Sentiment: Three insiders disclosed sales: Director Howard Rubin sold 30,000 shares, Director Murray Low sold 6,537, and CEO Margaret Tooth sold 2,000. These transactions could weigh on sentiment, though each retained a substantial holding; Tooth’s sale was made under a pre-arranged Rule 10b5-1 plan. Rubin SEC filing Low SEC filing Tooth SEC filing

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on TRUP shares. Weiss Ratings raised shares of Trupanion from a "hold (c-)" rating to a "hold (c)" rating in a research report on Tuesday, September 29th. Stifel Nicolaus increased their target price on Trupanion from $29.00 to $34.00 and gave the company a "hold" rating in a report on Monday. Wall Street Zen upgraded Trupanion from a "hold" rating to a "buy" rating in a research note on Saturday, November 7th. Cantor Fitzgerald raised their price target on Trupanion from $30.00 to $33.00 and gave the company a "neutral" rating in a research note on Monday. Finally, Piper Sandler cut Trupanion from an "overweight" rating to a "neutral" rating and lowered their price objective for the stock from $45.00 to $32.00 in a research report on Wednesday, August 26th. One equities research analyst has rated the stock with a Buy rating and five have issued a Hold rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Hold" and an average price target of $40.00.

Check Out Our Latest Stock Analysis on Trupanion

Trupanion Company Profile

(Get Free Report)

Trupanion provides medical insurance for cats and dogs, offering coverage for eligible veterinary care. Its products are designed to help pet owners manage unexpected costs from illnesses and injuries, subject to policy terms and exclusions. The company also provides software and payment services that enable participating veterinary practices to submit claims and receive payments directly, reducing the need for customers to pay covered costs upfront and seek reimbursement. Founded in 2000 and headquartered in Seattle, Trupanion serves customers in the United States and Canada.

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