Fiera Capital Corp Boosts Holdings in Trupanion, Inc. (NASDAQ:TRUP)

Fiera Capital Corp boosted its position in shares of Trupanion, Inc. (NASDAQ:TRUP) by 18.4% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,977 shares of the financial services provider’s stock after buying an additional 773 shares during the quarter. Fiera Capital Corp’s holdings in Trupanion were worth $379,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of TRUP. Bank Julius Baer & Co. Ltd Zurich boosted its stake in shares of Trupanion by 823.8% during the first quarter. Bank Julius Baer & Co. Ltd Zurich now owns 388 shares of the financial services provider’s stock valued at $30,000 after purchasing an additional 346 shares during the period. Archer Investment Corp purchased a new stake in shares of Trupanion during the fourth quarter valued at $39,000. Meeder Asset Management Inc. boosted its stake in shares of Trupanion by 7,057.1% during the first quarter. Meeder Asset Management Inc. now owns 501 shares of the financial services provider’s stock valued at $39,000 after purchasing an additional 494 shares during the period. Berman Capital Advisors LLC purchased a new stake in shares of Trupanion during the fourth quarter valued at $43,000. Finally, Vantage Consulting Group Inc purchased a new stake in shares of Trupanion during the fourth quarter valued at $57,000. 78.90% of the stock is owned by institutional investors.

TRUP opened at $93.92 on Friday. Trupanion, Inc. has a 52-week low of $30.78 and a 52-week high of $126.53. The firm has a market capitalization of $3.76 billion, a P/E ratio of -218.41 and a beta of 1.92. The firm’s 50-day moving average is $81.51.

Trupanion (NASDAQ:TRUP) last posted its quarterly earnings data on Thursday, April 29th. The financial services provider reported ($0.31) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.08) by ($0.23). Trupanion had a negative net margin of 3.15% and a negative return on equity of 7.13%. The company had revenue of $154.69 million for the quarter, compared to analyst estimates of $151.79 million. On average, sell-side analysts forecast that Trupanion, Inc. will post -0.75 earnings per share for the current fiscal year.

In other news, insider Gavin Friedman sold 400 shares of the company’s stock in a transaction dated Thursday, April 1st. The shares were sold at an average price of $77.69, for a total transaction of $31,076.00. Following the transaction, the insider now owns 941 shares in the company, valued at $73,106.29. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Darryl Rawlings sold 4,000 shares of the company’s stock in a transaction that occurred on Wednesday, March 17th. The shares were sold at an average price of $91.92, for a total value of $367,680.00. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 25,909 shares of company stock worth $2,124,538. Corporate insiders own 6.77% of the company’s stock.

A number of analysts have recently issued reports on TRUP shares. Canaccord Genuity boosted their target price on shares of Trupanion from $140.00 to $150.00 and gave the company a “buy” rating in a research note on Thursday, February 11th. TheStreet downgraded Trupanion from a “c-” rating to a “d+” rating in a report on Thursday, May 13th. Zacks Investment Research downgraded Trupanion from a “hold” rating to a “strong sell” rating in a report on Saturday, May 1st. Evercore ISI began coverage on Trupanion in a report on Monday, April 5th. They issued an “outperform” rating and a $100.00 price objective for the company. Finally, Lake Street Capital lifted their price objective on Trupanion from $85.00 to $150.00 and gave the company a “buy” rating in a report on Thursday, February 11th. One research analyst has rated the stock with a sell rating, three have given a hold rating and four have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $86.57.

Trupanion Profile

Trupanion, Inc, together with its subsidiaries, provides medical insurance for cats and dogs on monthly subscription basis in the United States, Canada, Puerto Rico, and Australia. The company operates through Subscription Business and Other Business segments. It serves pet owners and veterinarians. The company was formerly known as Vetinsurance International, Inc changed its name to Trupanion, Inc in 2013.

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Institutional Ownership by Quarter for Trupanion (NASDAQ:TRUP)

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