Trupanion, Inc. (NASDAQ:TRUP - Get Free Report) Director Murray B. Low sold 2,000 shares of the business's stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of $52.67, for a total value of $105,340.00. Following the completion of the sale, the director now directly owns 131,513 shares of the company's stock, valued at approximately $6,926,789.71. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.
Trupanion Stock Down 2.6 %
NASDAQ:TRUP opened at $48.92 on Friday. The stock has a 50 day moving average of $47.29 and a 200-day moving average of $37.01. Trupanion, Inc. has a 52 week low of $19.69 and a 52 week high of $57.90. The company has a quick ratio of 1.63, a current ratio of 1.66 and a debt-to-equity ratio of 0.40.
Trupanion (NASDAQ:TRUP - Get Free Report) last issued its quarterly earnings data on Wednesday, October 30th. The financial services provider reported $0.03 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.06) by $0.09. Trupanion had a negative return on equity of 4.36% and a negative net margin of 1.08%. The business had revenue of $327.50 million during the quarter, compared to analyst estimates of $321.79 million. During the same period in the prior year, the company posted ($0.10) EPS. The business's revenue for the quarter was up 14.6% compared to the same quarter last year. Sell-side analysts expect that Trupanion, Inc. will post -0.23 EPS for the current year.
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Several analysts recently weighed in on TRUP shares. Stifel Nicolaus boosted their price objective on Trupanion from $30.00 to $40.00 and gave the company a "hold" rating in a report on Monday, September 23rd. William Blair started coverage on Trupanion in a report on Friday, July 19th. They issued an "outperform" rating for the company. Evercore ISI raised Trupanion to a "strong-buy" rating in a report on Friday, August 9th. Piper Sandler upped their target price on Trupanion from $45.00 to $57.00 and gave the company a "neutral" rating in a report on Thursday, October 31st. Finally, Northland Securities upped 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. Three analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, Trupanion presently has a consensus rating of "Moderate Buy" and an average price target of $44.67.
Check Out Our Latest Stock Report on TRUP
Hedge Funds Weigh In On Trupanion
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Vanguard Group Inc. grew its holdings in Trupanion by 0.9% in the 1st quarter. Vanguard Group Inc. now owns 3,673,791 shares of the financial services provider's stock worth $101,433,000 after buying an additional 32,485 shares in the last quarter. 8 Knots Management LLC grew its holdings in Trupanion by 87.0% in the 1st quarter. 8 Knots Management LLC now owns 1,297,485 shares of the financial services provider's stock worth $35,824,000 after buying an additional 603,775 shares in the last quarter. Marshall Wace LLP grew its holdings in Trupanion by 11.9% in the 2nd quarter. Marshall Wace LLP now owns 1,094,589 shares of the financial services provider's stock worth $32,181,000 after buying an additional 116,496 shares in the last quarter. Renaissance Technologies LLC bought a new position in Trupanion in the 2nd quarter worth approximately $4,739,000. Finally, Dimensional Fund Advisors LP lifted its position in Trupanion by 24.3% in the second quarter. Dimensional Fund Advisors LP now owns 137,833 shares of the financial services provider's stock worth $4,052,000 after purchasing an additional 26,941 shares during the period.
About Trupanion
(
Get Free Report)
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.
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