Trupanion, Inc. (NASDAQ:TRUP) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of Trupanion, Inc. (NASDAQ:TRUP) have been given a consensus recommendation of “Moderate Buy” by the seven brokerages that are currently covering the company, Marketbeat reports. Two investment analysts have rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating on the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is $46.60.

Several equities analysts have issued reports on the stock. Stifel Nicolaus cut their price target on shares of Trupanion from $44.00 to $41.00 and set a “hold” rating on the stock in a report on Thursday, February 20th. Piper Sandler dropped their target price on Trupanion from $57.00 to $52.00 and set an “overweight” rating on the stock in a research note on Thursday, February 20th.

Trupanion Trading Up 0.6 %

Shares of NASDAQ:TRUP opened at $37.00 on Monday. The company has a current ratio of 1.71, a quick ratio of 1.66 and a debt-to-equity ratio of 0.39. The company has a market capitalization of $1.57 billion, a PE ratio of -160.87, a P/E/G ratio of 6.02 and a beta of 1.70. Trupanion has a 12-month low of $19.69 and a 12-month high of $57.90. The business’s fifty day simple moving average is $41.64 and its 200-day simple moving average is $46.74.

Trupanion (NASDAQ:TRUP) last released its quarterly earnings results on Wednesday, February 19th. The financial services provider reported $0.04 earnings per share for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.02). The firm had revenue of $337.31 million during the quarter, compared to the consensus estimate 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, equities research analysts predict that Trupanion will post 0.13 earnings per share for the current fiscal year.

Insider Activity at Trupanion

In related news, insider Brenna Mcgibney sold 5,000 shares of the stock in a transaction that occurred on Friday, March 7th. The shares were sold at an average price of $32.99, for a total value of $164,950.00. Following the transaction, the insider now owns 3,738 shares in the company, valued at approximately $123,316.62. This represents a 57.22 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Fawwad Qureshi sold 1,373 shares of the firm’s stock in a transaction that occurred on Wednesday, February 26th. The stock was sold at an average price of $34.22, for a total transaction of $46,984.06. Following the transaction, the chief financial officer now directly owns 2,416 shares of the company’s stock, valued at $82,675.52. This represents a 36.24 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 25,984 shares of company stock valued at $850,362 in the last ninety days. Company insiders own 5.50% of the company’s stock.

Institutional Trading of Trupanion

A number of hedge funds and other institutional investors have recently made changes to their positions in TRUP. SBI Securities Co. Ltd. purchased a new stake in Trupanion in the fourth quarter valued at $25,000. Jones Financial Companies Lllp lifted its holdings in shares of Trupanion by 71.7% in the 4th quarter. Jones Financial Companies Lllp now owns 570 shares of the financial services provider’s stock valued at $27,000 after buying an additional 238 shares during the period. Quarry LP purchased a new stake in shares of Trupanion in the fourth quarter worth about $39,000. Quest Partners LLC acquired a new stake in Trupanion during the third quarter worth about $37,000. Finally, Aster Capital Management DIFC Ltd raised its position in Trupanion by 988.5% during the fourth quarter. Aster Capital Management DIFC Ltd now owns 1,132 shares of the financial services provider’s stock valued at $55,000 after acquiring an additional 1,028 shares in the last quarter.

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.