Trupanion, Inc. $TRUP Holdings Boosted by Kopion Asset Management LLC

Kopion Asset Management LLC lifted its holdings in Trupanion, Inc. (NASDAQ:TRUP) by 20.8% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 264,603 shares of the financial services provider’s stock after acquiring an additional 45,594 shares during the period. Trupanion accounts for about 7.4% of Kopion Asset Management LLC’s portfolio, making the stock its 3rd biggest holding. Kopion Asset Management LLC’s holdings in Trupanion were worth $11,452,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Maryland State Retirement & Pension System lifted its holdings in Trupanion by 2.1% in the 2nd quarter. Maryland State Retirement & Pension System now owns 9,933 shares of the financial services provider’s stock worth $550,000 after purchasing an additional 201 shares in the last quarter. Yousif Capital Management LLC raised its position in shares of Trupanion by 1.8% during the second quarter. Yousif Capital Management LLC now owns 12,580 shares of the financial services provider’s stock valued at $696,000 after buying an additional 226 shares during the last quarter. Voya Investment Management LLC lifted its holdings in shares of Trupanion by 2.4% in the third quarter. Voya Investment Management LLC now owns 10,379 shares of the financial services provider’s stock worth $449,000 after buying an additional 243 shares in the last quarter. Bank of Montreal Can boosted its position in shares of Trupanion by 3.5% during the second quarter. Bank of Montreal Can now owns 7,280 shares of the financial services provider’s stock worth $403,000 after acquiring an additional 245 shares during the last quarter. Finally, Thrivent Financial for Lutherans boosted its position in shares of Trupanion by 1.1% during the second quarter. Thrivent Financial for Lutherans now owns 24,853 shares of the financial services provider’s stock worth $1,376,000 after acquiring an additional 282 shares during the last quarter.

Insider Transactions at Trupanion

In other news, COO John R. Gallagher sold 6,383 shares of the business’s stock in a transaction that occurred on Friday, November 28th. The stock was sold at an average price of $34.82, for a total transaction of $222,256.06. Following the transaction, the chief operating officer owned 32,721 shares of the company’s stock, valued at approximately $1,139,345.22. The trade was a 16.32% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO Fawwad Qureshi sold 6,202 shares of the firm’s stock in a transaction on Wednesday, November 26th. The stock was sold at an average price of $35.45, for a total value of $219,860.90. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 49,838 shares of company stock worth $1,915,882. 5.42% of the stock is currently owned by company insiders.

Trupanion Stock Up 0.1%

Shares of NASDAQ TRUP opened at $38.05 on Tuesday. The firm’s 50-day moving average price is $38.81 and its 200-day moving average price is $44.89. The company has a current ratio of 1.71, a quick ratio of 1.71 and a debt-to-equity ratio of 0.31. The stock has a market capitalization of $1.64 billion, a price-to-earnings ratio of 105.70 and a beta of 1.62. Trupanion, Inc. has a 12-month low of $31.00 and a 12-month high of $57.88.

Trupanion (NASDAQ:TRUP) last released its quarterly earnings results on Thursday, November 6th. The financial services provider reported $0.13 EPS for the quarter, missing the consensus estimate of $0.89 by ($0.76). Trupanion had a return on equity of 4.48% and a net margin of 1.10%.The company had revenue of $366.92 million during the quarter, compared to analysts’ expectations of $361.58 million. During the same quarter in the prior year, the business posted $0.03 EPS. The company’s revenue was up 12.0% on a year-over-year basis. On average, equities research analysts anticipate that Trupanion, Inc. will post 0.13 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

TRUP has been the topic of several research analyst reports. Stifel Nicolaus decreased their price target on shares of Trupanion from $45.00 to $42.00 and set a “hold” rating on the stock in a research note on Tuesday, November 18th. Piper Sandler reduced their target price on Trupanion from $67.00 to $60.00 and set an “overweight” rating on the stock in a report on Friday. Wall Street Zen downgraded Trupanion from a “buy” rating to a “hold” rating in a research report on Saturday, December 6th. Finally, Weiss Ratings restated a “sell (d+)” rating on shares of Trupanion in a report on Monday, December 15th. Two equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $52.25.

About Trupanion

Trupanion, Inc is a pet medical insurance company that provides comprehensive insurance coverage for cats and dogs. The company’s core offering is a single, customizable medical policy designed to cover veterinary diagnostic tests, surgeries, hospital stays and congenital or hereditary conditions. Trupanion seeks to streamline the claims process by offering direct payment options to participating veterinarians, reducing the need for upfront payments by pet owners.

Founded in 1999 by Darryl Rawlings and headquartered in Seattle, Washington, Trupanion began operations in the early 2000s and has grown its presence through both digital channels and partnerships with veterinary hospitals.