Insider Selling: Trupanion, Inc. (NASDAQ:TRUP) SVP Sells $454,550.25 in Stock

Trupanion, Inc. (NASDAQ:TRUP) SVP Emily Dreyer sold 14,025 shares of the business’s stock in a transaction that occurred on Friday, March 7th. The shares were sold at an average price of $32.41, for a total value of $454,550.25. Following the completion of the transaction, the senior vice president now owns 27,645 shares of the company’s stock, valued at $895,974.45. This represents a 33.66 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this link.

Trupanion Trading Down 1.5 %

NASDAQ:TRUP opened at $33.58 on Friday. Trupanion, Inc. has a twelve month low of $19.69 and a twelve month high of $57.90. The company has a quick ratio of 1.66, a current ratio of 1.71 and a debt-to-equity ratio of 0.39. The business has a 50 day moving average price of $42.92 and a two-hundred day moving average price of $47.14. The company has a market cap of $1.43 billion, a P/E ratio of -146.00, a price-to-earnings-growth ratio of 6.02 and a beta of 1.70.

Trupanion (NASDAQ:TRUP) last released its quarterly earnings data on Wednesday, February 19th. The financial services provider reported $0.04 EPS for the quarter, missing the consensus estimate of $0.06 by ($0.02). The company had revenue of $337.31 million during the quarter, compared to analyst estimates of $335.41 million. Trupanion had a negative net margin of 0.75% and a negative return on equity of 3.08%. As a group, analysts expect that Trupanion, Inc. will post 0.13 EPS for the current fiscal year.

Institutional Investors Weigh In On Trupanion

Several large investors have recently made changes to their positions in the stock. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in shares of Trupanion by 14.2% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 89,184 shares of the financial services provider’s stock valued at $4,299,000 after buying an additional 11,119 shares during the last quarter. Squarepoint Ops LLC boosted its holdings in shares of Trupanion by 32.5% in the 4th quarter. Squarepoint Ops LLC now owns 211,900 shares of the financial services provider’s stock valued at $10,214,000 after buying an additional 52,031 shares during the last quarter. State of Wyoming boosted its holdings in shares of Trupanion by 111.4% in the 4th quarter. State of Wyoming now owns 11,158 shares of the financial services provider’s stock valued at $538,000 after buying an additional 5,880 shares during the last quarter. Sherbrooke Park Advisers LLC bought a new stake in Trupanion in the 4th quarter valued at $347,000. Finally, Raiffeisen Bank International AG bought a new stake in Trupanion in the 4th quarter valued at $2,505,000.

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. Stifel Nicolaus decreased their price objective on Trupanion from $44.00 to $41.00 and set a “hold” rating for the company in a research report on Thursday, February 20th. Piper Sandler reduced their price target on Trupanion from $57.00 to $52.00 and set an “overweight” rating for the company in a research report on Thursday, February 20th. Two equities research analysts have rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $46.60.

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.