Trupanion (NASDAQ:TRUP) COO John Gallagher Sells 431 Shares of Stock

Trupanion, Inc. (NASDAQ:TRUP) COO John Gallagher sold 431 shares of the company’s stock in a transaction on Wednesday, October 28th. The stock was sold at an average price of $29.12, for a total value of $12,550.72. Following the completion of the sale, the chief operating officer owned 32,880 shares of the company’s stock, valued at $957,465.60. This trade represents a 1.29% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Trupanion Price Performance

Shares of Trupanion stock opened at $30.13 on Friday. Trupanion, Inc. has a one year low of $21.16 and a one year high of $46.98. The stock’s fifty day moving average is $26.89 and its 200 day moving average is $26.69. The stock has a market cap of $1.32 billion, a P/E ratio of 56.96, a P/E/G ratio of 1.81 and a beta of 1.44. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.77 and a current ratio of 1.77.

Trupanion (NASDAQ:TRUP) last released its quarterly earnings results on Wednesday, August 5th. The financial services provider reported $0.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.11 by $0.05. The business had revenue of $392.93 million during the quarter, compared to analyst estimates of $389.72 million. Trupanion had a return on equity of 5.96% and a net margin of 1.53%. Trupanion’s revenue for the quarter was up 11.1% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.22 earnings per share. Sell-side analysts anticipate that Trupanion, Inc. will post 0.63 earnings per share for the current year.

Institutional Investors Weigh In On Trupanion

Several institutional investors and hedge funds have recently modified their holdings of the stock. Oregon Public Employees Retirement Fund increased its holdings in shares of Trupanion by 7.7% in the third quarter. Oregon Public Employees Retirement Fund now owns 8,359 shares of the financial services provider’s stock worth $195,000 after purchasing an additional 600 shares during the last quarter. Corecam Pte. Ltd. lifted its position in shares of Trupanion by 17.0% in the third quarter. Corecam Pte. Ltd. now owns 21,610 shares of the financial services provider’s stock worth $505,000 after buying an additional 3,145 shares in the last quarter. Sterling Capital Management LLC lifted its position in shares of Trupanion by 843.7% in the third quarter. Sterling Capital Management LLC now owns 1,123 shares of the financial services provider’s stock worth $26,000 after buying an additional 1,004 shares in the last quarter. Yousif Capital Management LLC boosted its stake in Trupanion by 4.0% during the third quarter. Yousif Capital Management LLC now owns 9,328 shares of the financial services provider’s stock valued at $218,000 after buying an additional 356 shares during the last quarter. Finally, WINTON GROUP Ltd boosted its stake in Trupanion by 25.2% during the second quarter. WINTON GROUP Ltd now owns 47,749 shares of the financial services provider’s stock valued at $1,183,000 after buying an additional 9,596 shares during the last quarter.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on TRUP shares. Stifel Nicolaus increased their target price on shares of Trupanion from $28.00 to $29.00 and gave the stock a “hold” rating in a report on Thursday, August 20th. Piper Sandler downgraded shares of Trupanion from an “overweight” rating to a “neutral” rating and lowered their price target for the company from $45.00 to $32.00 in a report on Wednesday, August 26th. Zacks Research lowered shares of Trupanion from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 24th. Atlantic Securities set a $42.00 price objective on shares of Trupanion in a research note on Wednesday, July 15th. Finally, Weiss Ratings upgraded shares of Trupanion from a “hold (c-)” rating to a “hold (c)” rating in a research report on Tuesday, September 29th. One research analyst has rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $38.40.

Trupanion Company Profile

Trupanion, Inc is a pet insurance company that provides medical insurance coverage for cats and dogs. Its products are designed to help pet owners manage the cost of veterinary care, including coverage for eligible illnesses, injuries and other qualifying medical conditions, subject to the terms of each policy.

The company offers subscription-based pet insurance through the Trupanion brand, with coverage generally intended for ongoing veterinary expenses rather than routine or preventive care.