Trupanion, Inc. (NASDAQ:TRUP) Shares Acquired by Barclays PLC

Barclays PLC boosted its position in shares of Trupanion, Inc. (NASDAQ:TRUP) by 5.2% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 505,553 shares of the financial services provider’s stock after purchasing an additional 25,087 shares during the period. Barclays PLC’s holdings in Trupanion were worth $39,266,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Advisor Group Holdings Inc. grew its holdings in Trupanion by 8.4% during the 3rd quarter. Advisor Group Holdings Inc. now owns 1,686 shares of the financial services provider’s stock valued at $131,000 after purchasing an additional 131 shares in the last quarter. Fernwood Investment Management LLC grew its holdings in Trupanion by 1.5% during the 3rd quarter. Fernwood Investment Management LLC now owns 10,150 shares of the financial services provider’s stock valued at $788,000 after purchasing an additional 150 shares in the last quarter. Snider Financial Group grew its holdings in Trupanion by 6.3% during the 3rd quarter. Snider Financial Group now owns 2,602 shares of the financial services provider’s stock valued at $266,000 after purchasing an additional 155 shares in the last quarter. Eqis Capital Management Inc. grew its holdings in Trupanion by 1.3% during the 2nd quarter. Eqis Capital Management Inc. now owns 15,484 shares of the financial services provider’s stock valued at $1,782,000 after purchasing an additional 198 shares in the last quarter. Finally, Kestra Advisory Services LLC grew its holdings in Trupanion by 8.6% during the 3rd quarter. Kestra Advisory Services LLC now owns 2,841 shares of the financial services provider’s stock valued at $221,000 after purchasing an additional 224 shares in the last quarter. 83.11% of the stock is owned by institutional investors and hedge funds.

A number of research analysts have commented on the stock. Piper Sandler increased their price objective on shares of Trupanion from $126.00 to $183.00 and gave the company an “overweight” rating in a research note on Wednesday, December 8th. Bank of America downgraded shares of Trupanion from a “buy” rating to a “neutral” rating and increased their price objective for the company from $112.00 to $129.00 in a research note on Monday, November 8th. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of $142.40.

NASDAQ TRUP opened at $100.26 on Friday. Trupanion, Inc. has a 12 month low of $69.74 and a 12 month high of $158.25. The company has a market capitalization of $4.05 billion, a price-to-earnings ratio of -125.32 and a beta of 1.95. The company’s fifty day moving average price is $126.43 and its two-hundred day moving average price is $108.31.

Trupanion (NASDAQ:TRUP) last posted its quarterly earnings results on Wednesday, November 3rd. The financial services provider reported ($0.17) earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.18) by $0.01. Trupanion had a negative net margin of 4.94% and a negative return on equity of 8.69%. The company had revenue of $181.67 million for the quarter, compared to the consensus estimate of $178.07 million. During the same period last year, the firm posted ($0.07) EPS. As a group, research analysts predict that Trupanion, Inc. will post -0.87 EPS for the current fiscal year.

In other news, EVP Gavin Friedman sold 22,000 shares of the firm’s stock in a transaction dated Monday, January 3rd. The shares were sold at an average price of $129.24, for a total value of $2,843,280.00. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CFO Tricia Plouf sold 3,500 shares of the firm’s stock in a transaction dated Thursday, October 21st. The stock was sold at an average price of $104.72, for a total transaction of $366,520.00. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 61,522 shares of company stock worth $7,570,975. Insiders own 6.77% of the company’s stock.

Trupanion Company Profile

Trupanion, Inc engages in the provision of medical insurance for cats and dogs. It operates through the following segments: Subscription Business and Other Business. The Subscription Business segment involves in the monthly subscriptions of pet medical insurance. The Others Business segment includes companies or organizations that choose to provide medical insurance for cats and dogs as a benefit to their employees or members and contracts include multiple pets.

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Institutional Ownership by Quarter for Trupanion (NASDAQ:TRUP)

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