Trupanion, Inc. (TRUP) – What Are Analysts Saying About This Stock?

Trupanion, Inc. (NASDAQ:TRUP) has received an average rating of “Hold” from the six ratings firms that are covering the company, MarketBeat Ratings reports. Five investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. The average twelve-month target price among brokers that have covered the stock in the last year is $38.40.

A number of research firms have weighed in on TRUP. Stifel Nicolaus increased their target price on shares of Trupanion from $28.00 to $29.00 and gave the company a “hold” rating in a research report on Thursday, August 20th. Atlantic Securities set a $42.00 price objective on shares of Trupanion in a research note on Wednesday, July 15th. Cantor Fitzgerald reduced their price objective on shares of Trupanion from $34.00 to $30.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 7th. Weiss Ratings upgraded shares of Trupanion from a “hold (c-)” rating to a “hold (c)” rating in a research report on Tuesday, September 29th. Finally, Zacks Research downgraded shares of Trupanion from a “strong-buy” rating to a “hold” rating in a research note on Monday, August 24th.

Insider Transactions at Trupanion

In other Trupanion news, CEO Margaret Tooth sold 1,000 shares of the firm’s stock in a transaction that occurred on Friday, October 9th. The stock was sold at an average price of $25.84, for a total value of $25,840.00. Following the completion of the sale, the chief executive officer owned 184,952 shares of the company’s stock, valued at approximately $4,779,159.68. This trade represents a 0.54% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO John Gallagher sold 3,604 shares of the business’s stock in a transaction that occurred on Friday, August 28th. The stock was sold at an average price of $29.70, for a total value of $107,038.80. Following the sale, the chief operating officer directly owned 33,742 shares of the company’s stock, valued at $1,002,137.40. This represents a 9.65% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 14,046 shares of company stock valued at $407,743 in the last 90 days. 5.58% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in TRUP. Oregon Public Employees Retirement Fund lifted its position in 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 valued at $195,000 after purchasing an additional 600 shares during the last quarter. Corecam Pte. Ltd. boosted its stake in shares of Trupanion by 17.0% during the third quarter. Corecam Pte. Ltd. now owns 21,610 shares of the financial services provider’s stock valued at $505,000 after purchasing an additional 3,145 shares during the period. Sterling Capital Management LLC grew its holdings 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 purchasing an additional 1,004 shares during the last quarter. Yousif Capital Management LLC grew its holdings in shares of Trupanion by 4.0% in the third quarter. Yousif Capital Management LLC now owns 9,328 shares of the financial services provider’s stock worth $218,000 after purchasing an additional 356 shares during the last quarter. Finally, WINTON GROUP Ltd increased its stake in shares of Trupanion by 25.2% in the second quarter. WINTON GROUP Ltd now owns 47,749 shares of the financial services provider’s stock worth $1,183,000 after buying an additional 9,596 shares during the period.

Trupanion Price Performance

Shares of NASDAQ:TRUP opened at $30.13 on Friday. The company has a market cap of $1.32 billion, a price-to-earnings ratio of 56.96, a PEG ratio of 1.81 and a beta of 1.44. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.77 and a quick ratio of 1.77. The firm has a 50 day simple moving average of $26.89 and a 200 day simple moving average of $26.69. Trupanion has a one year low of $21.16 and a one year high of $46.98.

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

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.