Trupanion, Inc. (NASDAQ:TRUP) EVP Sells $631,548.00 in Stock

Trupanion, Inc. (NASDAQ:TRUP) EVP Steve Weinrauch sold 11,916 shares of the firm’s stock in a transaction that occurred on Thursday, November 21st. The stock was sold at an average price of $53.00, for a total transaction of $631,548.00. Following the transaction, the executive vice president now directly owns 48,978 shares of the company’s stock, valued at $2,595,834. This represents a 19.57 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Trupanion Price Performance

TRUP traded up $0.95 on Friday, reaching $53.60. The company had a trading volume of 547,598 shares, compared to its average volume of 679,874. The business has a 50 day simple moving average of $48.92 and a 200 day simple moving average of $39.04. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.66 and a current ratio of 1.66. The company has a market cap of $2.27 billion, a price-to-earnings ratio of -165.72 and a beta of 1.69. Trupanion, Inc. has a 52-week low of $19.69 and a 52-week high of $57.90.

Trupanion (NASDAQ:TRUP) last announced its quarterly earnings data on Wednesday, October 30th. The financial services provider reported $0.03 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.06) by $0.09. The firm had revenue of $327.50 million during the quarter, compared to analyst estimates of $321.79 million. Trupanion had a negative net margin of 1.08% and a negative return on equity of 4.36%. The business’s quarterly revenue was up 14.6% on a year-over-year basis. During the same period in the previous year, the business posted ($0.10) EPS. As a group, sell-side analysts anticipate that Trupanion, Inc. will post -0.23 EPS for the current year.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. State Board of Administration of Florida Retirement System boosted its stake in shares of Trupanion by 12.6% in the 1st quarter. State Board of Administration of Florida Retirement System now owns 12,726 shares of the financial services provider’s stock worth $351,000 after buying an additional 1,420 shares during the last quarter. Vanguard Group Inc. raised its position in shares of Trupanion by 0.9% during the first quarter. Vanguard Group Inc. now owns 3,673,791 shares of the financial services provider’s stock valued at $101,433,000 after buying an additional 32,485 shares during the last quarter. CANADA LIFE ASSURANCE Co increased its holdings in Trupanion by 2.0% in the 1st quarter. CANADA LIFE ASSURANCE Co now owns 43,060 shares of the financial services provider’s stock valued at $1,188,000 after acquiring an additional 830 shares during the last quarter. Price T Rowe Associates Inc. MD grew its position in shares of Trupanion by 14.6% during the first quarter. Price T Rowe Associates Inc. MD now owns 11,325 shares of the financial services provider’s stock valued at $313,000 after purchasing an additional 1,441 shares in the last quarter. Finally, Bayesian Capital Management LP bought a new position in Trupanion during the first quarter valued at approximately $253,000.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the stock. Northland Securities raised their price objective on shares of Trupanion from $45.00 to $50.00 and gave the stock a “market perform” rating in a research report on Thursday, October 31st. Evercore ISI upgraded Trupanion to a “strong-buy” rating in a research report on Friday, August 9th. Bank of America increased their price target on Trupanion from $47.00 to $56.00 and gave the company a “buy” rating in a research note on Friday, September 20th. Stifel Nicolaus increased their target price on Trupanion from $30.00 to $40.00 and gave the company a “hold” rating in a research report on Monday, September 23rd. Finally, Piper Sandler upped their price objective on Trupanion from $45.00 to $57.00 and gave the company a “neutral” rating in a research note on Thursday, October 31st. Three analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, Trupanion currently has a consensus rating of “Moderate Buy” and a consensus target price of $44.67.

About Trupanion

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.