DAVENPORT & Co LLC lifted its stake in Trupanion, Inc. (NASDAQ:TRUP) by 199.3% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 188,770 shares of the financial services provider’s stock after purchasing an additional 125,707 shares during the quarter. DAVENPORT & Co LLC’s holdings in Trupanion were worth $5,525,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently added to or reduced their stakes in the company. Schwab Charles Investment Management Inc. boosted its position in Trupanion by 75.1% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 37,300 shares of the financial services provider’s stock worth $835,000 after acquiring an additional 16,000 shares during the period. Rhumbline Advisers boosted its position in Trupanion by 57.9% during the 2nd quarter. Rhumbline Advisers now owns 23,944 shares of the financial services provider’s stock worth $536,000 after acquiring an additional 8,777 shares during the period. Bank of New York Mellon Corp boosted its position in Trupanion by 31.2% during the 2nd quarter. Bank of New York Mellon Corp now owns 74,800 shares of the financial services provider’s stock worth $1,674,000 after acquiring an additional 17,809 shares during the period. Swiss National Bank boosted its position in Trupanion by 21.7% during the 2nd quarter. Swiss National Bank now owns 31,910 shares of the financial services provider’s stock worth $714,000 after acquiring an additional 5,700 shares during the period. Finally, Wells Fargo & Company MN boosted its position in Trupanion by 13.5% during the 2nd quarter. Wells Fargo & Company MN now owns 11,261 shares of the financial services provider’s stock worth $252,000 after acquiring an additional 1,342 shares during the period. Institutional investors and hedge funds own 63.25% of the company’s stock.

In other Trupanion news, COO Ian Moffat sold 7,000 shares of Trupanion stock in a transaction that occurred on Monday, November 27th. The stock was sold at an average price of $30.06, for a total value of $210,420.00. Following the transaction, the chief operating officer now directly owns 7,000 shares of the company’s stock, valued at approximately $210,420. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, CFO Tricia Plouf sold 1,000 shares of Trupanion stock in a transaction that occurred on Tuesday, November 7th. The stock was sold at an average price of $32.11, for a total value of $32,110.00. Following the completion of the transaction, the chief financial officer now directly owns 14,000 shares in the company, valued at $449,540. The disclosure for this sale can be found here. Insiders sold a total of 22,039 shares of company stock worth $661,393 over the last three months. 31.24% of the stock is owned by company insiders.

A number of research firms have recently weighed in on TRUP. CL King began coverage on Trupanion in a research note on Tuesday, November 21st. They set a “neutral” rating for the company. BidaskClub downgraded Trupanion from a “hold” rating to a “sell” rating in a research note on Tuesday, December 5th. Zacks Investment Research raised Trupanion from a “hold” rating to a “buy” rating and set a $37.00 price target for the company in a research note on Wednesday, November 8th. Finally, Canaccord Genuity reaffirmed a “buy” rating and set a $35.00 price target (up from $29.00) on shares of Trupanion in a research note on Tuesday, October 31st. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and six have given a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus price target of $28.83.

Shares of Trupanion, Inc. (NASDAQ TRUP) traded down $0.45 during mid-day trading on Wednesday, hitting $33.93. The company had a trading volume of 205,500 shares, compared to its average volume of 234,620. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.87 and a quick ratio of 1.87. Trupanion, Inc. has a 1-year low of $13.71 and a 1-year high of $35.07. The company has a market cap of $1,032.77, a P/E ratio of -376.96 and a beta of 0.14.

Trupanion (NASDAQ:TRUP) last issued its quarterly earnings data on Thursday, November 2nd. The financial services provider reported $0.01 earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.03) by $0.04. Trupanion had a negative return on equity of 7.41% and a negative net margin of 1.05%. The business had revenue of $63.12 million for the quarter, compared to the consensus estimate of $61.44 million. During the same period last year, the business earned ($0.06) EPS. The firm’s revenue was up 30.5% compared to the same quarter last year. sell-side analysts predict that Trupanion, Inc. will post -0.04 earnings per share for the current fiscal year.

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Trupanion Company Profile

Trupanion, Inc provides medical insurance plans for cats and dogs throughout the United States, Canada and Puerto Rico. The Company operates in two business segments: subscription business and other business. The subscription business segment includes monthly subscriptions for its medical plan, which are marketed to consumers.

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Institutional Ownership by Quarter for Trupanion (NASDAQ:TRUP)

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