Kopion Asset Management LLC Has $10.98 Million Stock Holdings in Trupanion, Inc. $TRUP

Kopion Asset Management LLC raised its position in shares of Trupanion, Inc. (NASDAQ:TRUP) by 11.0% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 293,706 shares of the financial services provider’s stock after buying an additional 29,103 shares during the quarter. Trupanion comprises 7.8% of Kopion Asset Management LLC’s portfolio, making the stock its 3rd largest position. Kopion Asset Management LLC’s holdings in Trupanion were worth $10,976,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of TRUP. Federated Hermes Inc. acquired a new position in shares of Trupanion in the 3rd quarter worth approximately $33,000. Pilgrim Partners Asia Pte Ltd bought a new stake in shares of Trupanion in the 3rd quarter valued at approximately $39,000. Kelleher Financial Advisors acquired a new stake in shares of Trupanion during the 3rd quarter valued at approximately $74,000. PNC Financial Services Group Inc. raised its position in shares of Trupanion by 21.7% during the 3rd quarter. PNC Financial Services Group Inc. now owns 2,678 shares of the financial services provider’s stock valued at $116,000 after acquiring an additional 478 shares in the last quarter. Finally, AlphaQuest LLC lifted its stake in Trupanion by 16.5% during the third quarter. AlphaQuest LLC now owns 3,444 shares of the financial services provider’s stock worth $149,000 after purchasing an additional 487 shares during the last quarter.

Analysts Set New Price Targets

TRUP has been the subject of a number of research reports. Cantor Fitzgerald decreased their price objective on shares of Trupanion from $50.00 to $42.00 and set a “neutral” rating for the company in a report on Wednesday, January 14th. Piper Sandler reduced their price target on shares of Trupanion from $60.00 to $45.00 and set an “overweight” rating on the stock in a research report on Friday, February 13th. Wall Street Zen lowered shares of Trupanion from a “buy” rating to a “hold” rating in a report on Saturday, December 6th. Zacks Research lowered shares of Trupanion from a “strong-buy” rating to a “hold” rating in a research note on Friday, February 13th. Finally, Stifel Nicolaus decreased their target price on Trupanion from $38.00 to $35.00 and set a “hold” rating for the company in a research note on Friday, February 13th. Two research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $45.50.

Trupanion Trading Down 0.7%

Trupanion stock opened at $25.51 on Friday. Trupanion, Inc. has a 52-week low of $24.32 and a 52-week high of $57.88. The company has a quick ratio of 1.69, a current ratio of 1.69 and a debt-to-equity ratio of 0.27. The firm has a market capitalization of $1.11 billion, a price-to-earnings ratio of 56.69 and a beta of 1.62. The firm has a 50-day moving average price of $29.89 and a two-hundred day moving average price of $36.60.

Trupanion (NASDAQ:TRUP) last released its quarterly earnings results on Thursday, February 12th. The financial services provider reported $0.13 earnings per share for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.01). Trupanion had a net margin of 1.35% and a return on equity of 5.39%. The business had revenue of $376.85 million for the quarter, compared to the consensus estimate of $375.89 million. During the same period last year, the firm posted $0.04 EPS. The business’s quarterly revenue was up 11.7% on a year-over-year basis. Sell-side analysts expect that Trupanion, Inc. will post 0.13 earnings per share for the current year.

Insider Transactions at Trupanion

In related news, CFO Fawwad Qureshi sold 4,645 shares of the business’s stock in a transaction that occurred on Wednesday, February 25th. The stock was sold at an average price of $25.61, for a total transaction of $118,958.45. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CRO Emily Dreyer sold 7,792 shares of Trupanion stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $28.15, for a total value of $219,344.80. Following the transaction, the executive owned 35,627 shares in the company, valued at approximately $1,002,900.05. This trade represents a 17.95% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 21,502 shares of company stock valued at $585,510. 5.42% of the stock is currently owned by corporate insiders.

Trupanion Company Profile

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.