BidaskClub lowered shares of Trupanion (NASDAQ:TRUP) from a hold rating to a sell rating in a research report released on Friday.

Other research analysts have also issued research reports about the company. Zacks Investment Research raised Trupanion from a sell rating to a hold rating and set a $42.00 price objective on the stock in a report on Tuesday, August 7th. Cowen increased their price objective on Trupanion from $41.00 to $47.00 and gave the company a positive rating in a report on Friday, August 3rd. Royal Bank of Canada increased their price objective on Trupanion to $44.00 and gave the company an outperform rating in a report on Friday, August 3rd. Lake Street Capital reissued a buy rating and set a $46.00 price objective (up previously from $41.00) on shares of Trupanion in a report on Friday, August 3rd. Finally, ValuEngine downgraded Trupanion from a strong-buy rating to a buy rating in a research note on Thursday, October 4th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and ten have given a buy rating to the company. The stock currently has a consensus rating of Buy and an average target price of $44.89.

Shares of NASDAQ TRUP opened at $25.95 on Friday. The company has a current ratio of 1.80, a quick ratio of 3.04 and a debt-to-equity ratio of 0.07. The stock has a market cap of $867.25 million, a PE ratio of -370.71 and a beta of 1.08. Trupanion has a 52 week low of $22.55 and a 52 week high of $46.70.

Trupanion (NASDAQ:TRUP) last issued its quarterly earnings data on Thursday, November 8th. The financial services provider reported $0.03 EPS for the quarter, beating the Zacks’ consensus estimate of ($0.01) by $0.04. The business had revenue of $78.16 million for the quarter, compared to analyst estimates of $77.70 million. Trupanion had a negative return on equity of 2.45% and a negative net margin of 0.52%. The firm’s revenue for the quarter was up 23.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.01 EPS. Research analysts expect that Trupanion will post -0.01 earnings per share for the current year.

In other Trupanion news, Director Robin A. Ferracone bought 19,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 13th. The stock was purchased at an average price of $25.60 per share, for a total transaction of $486,400.00. Following the purchase, the director now directly owns 1,502 shares in the company, valued at $38,451.20. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Darryl Rawlings sold 4,000 shares of the stock in a transaction that occurred on Friday, August 24th. The shares were sold at an average price of $37.21, for a total value of $148,840.00. Following the sale, the insider now owns 1,289,989 shares of the company’s stock, valued at approximately $48,000,490.69. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 101,504 shares of company stock valued at $2,733,251. 20.70% of the stock is owned by corporate insiders.

Large investors have recently made changes to their positions in the stock. Morgan Stanley boosted its stake in Trupanion by 41.5% during the 2nd quarter. Morgan Stanley now owns 1,157,405 shares of the financial services provider’s stock valued at $44,675,000 after purchasing an additional 339,550 shares during the period. US Bancorp DE lifted its position in shares of Trupanion by 111.8% in the 2nd quarter. US Bancorp DE now owns 4,512 shares of the financial services provider’s stock worth $175,000 after acquiring an additional 2,382 shares during the period. Swiss National Bank lifted its position in shares of Trupanion by 23.9% in the 2nd quarter. Swiss National Bank now owns 42,010 shares of the financial services provider’s stock worth $1,622,000 after acquiring an additional 8,100 shares during the period. Atlantic Trust LLC bought a new stake in shares of Trupanion in the 2nd quarter worth approximately $251,000. Finally, Check Capital Management Inc. CA lifted its position in shares of Trupanion by 53.0% in the 3rd quarter. Check Capital Management Inc. CA now owns 15,150 shares of the financial services provider’s stock worth $541,000 after acquiring an additional 5,250 shares during the period. Hedge funds and other institutional investors own 94.78% of the company’s stock.

About Trupanion

Trupanion, Inc, together with its subsidiaries, provides medical insurance for cats and dogs on monthly subscription basis in the United States, Canada, and Puerto Rico. The company operates through Subscription Business and Other Business segments. It serves pet owners and veterinarians through third-party referrals and online member acquisition channels.

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