Murray B. Low Sells 2,000 Shares of Trupanion, Inc. (NASDAQ:TRUP) Stock

Trupanion, Inc. (NASDAQ:TRUP) Director Murray B. Low sold 2,000 shares of Trupanion stock in a transaction that occurred on Wednesday, November 6th. The stock was sold at an average price of $52.67, for a total transaction of $105,340.00. Following the completion of the transaction, the director now directly owns 131,513 shares in the company, valued at approximately $6,926,789.71. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Trupanion Stock Performance

TRUP opened at $50.49 on Friday. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.66 and a quick ratio of 1.63. The firm has a fifty day moving average price of $47.39 and a 200 day moving average price of $37.21. Trupanion, Inc. has a 1 year low of $19.69 and a 1 year high of $57.90. The stock has a market cap of $2.14 billion, a P/E ratio of -157.78 and a beta of 1.69.

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

Wall Street Analysts Forecast Growth

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

Hedge Funds Weigh In On Trupanion

Several large investors have recently made changes to their positions in TRUP. Louisiana State Employees Retirement System raised its position in Trupanion by 2.8% during the second quarter. Louisiana State Employees Retirement System now owns 18,200 shares of the financial services provider’s stock worth $535,000 after acquiring an additional 500 shares during the period. Texas Permanent School Fund Corp raised its position in Trupanion by 1.8% during the first quarter. Texas Permanent School Fund Corp now owns 31,269 shares of the financial services provider’s stock worth $863,000 after acquiring an additional 561 shares during the period. GAMMA Investing LLC raised its position in Trupanion by 70.4% during the third quarter. GAMMA Investing LLC now owns 1,442 shares of the financial services provider’s stock worth $61,000 after acquiring an additional 596 shares during the period. WINTON GROUP Ltd raised its position in Trupanion by 1.9% during the second quarter. WINTON GROUP Ltd now owns 37,673 shares of the financial services provider’s stock worth $1,108,000 after acquiring an additional 685 shares during the period. Finally, CANADA LIFE ASSURANCE Co raised its position in Trupanion by 2.0% during the first quarter. CANADA LIFE ASSURANCE Co now owns 43,060 shares of the financial services provider’s stock worth $1,188,000 after acquiring an additional 830 shares during the period.

Trupanion Company Profile

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.