Trupanion, Inc. (NASDAQ:TRUP) CEO Buys $499,698.00 in Stock

Trupanion, Inc. (NASDAQ:TRUP) CEO Darryl Rawlings purchased 20,700 shares of Trupanion stock in a transaction dated Tuesday, May 7th. The shares were acquired at an average cost of $24.14 per share, for a total transaction of $499,698.00. Following the completion of the transaction, the chief executive officer now owns 614,842 shares of the company’s stock, valued at approximately $14,842,285.88. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Trupanion Stock Performance

NASDAQ:TRUP traded up $1.81 during mid-day trading on Thursday, hitting $24.87. The company’s stock had a trading volume of 529,884 shares, compared to its average volume of 699,051. The stock has a market cap of $1.05 billion, a price-to-earnings ratio of -37.70 and a beta of 1.76. Trupanion, Inc. has a 1 year low of $18.45 and a 1 year high of $36.66. The business’s fifty day moving average is $25.43 and its two-hundred day moving average is $26.70. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.62 and a quick ratio of 1.63.

Trupanion (NASDAQ:TRUP) last issued its quarterly earnings data on Thursday, May 2nd. The financial services provider reported ($0.16) EPS for the quarter, topping analysts’ consensus estimates of ($0.18) by $0.02. Trupanion had a negative net margin of 2.31% and a negative return on equity of 9.03%. The business had revenue of $306.12 million for the quarter, compared to analysts’ expectations of $300.51 million. During the same quarter last year, the company earned ($0.60) EPS. The business’s revenue was up 19.4% on a year-over-year basis. Analysts anticipate that Trupanion, Inc. will post -0.43 EPS for the current fiscal year.

Institutional Investors Weigh In On Trupanion

A number of institutional investors have recently modified their holdings of TRUP. Wellington Management Group LLP boosted its position in Trupanion by 34.6% during the fourth quarter. Wellington Management Group LLP now owns 2,453,685 shares of the financial services provider’s stock worth $74,862,000 after purchasing an additional 630,155 shares in the last quarter. Sivia Capital Partners LLC acquired a new stake in Trupanion in the 4th quarter valued at $31,398,000. 8 Knots Management LLC purchased a new stake in Trupanion in the 4th quarter worth $21,165,000. Charles Schwab Investment Management Inc. raised its position in Trupanion by 2.4% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 300,029 shares of the financial services provider’s stock worth $9,154,000 after acquiring an additional 7,088 shares during the period. Finally, Lagoda Investment Management L.P. lifted its holdings in Trupanion by 19.3% during the third quarter. Lagoda Investment Management L.P. now owns 240,785 shares of the financial services provider’s stock valued at $6,790,000 after purchasing an additional 38,905 shares in the last quarter.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on TRUP shares. Stifel Nicolaus increased their price target on Trupanion from $25.00 to $28.00 and gave the company a “hold” rating in a research note on Friday, February 16th. Canaccord Genuity Group dropped their target price on shares of Trupanion from $40.00 to $34.00 and set a “buy” rating on the stock in a research report on Friday, May 3rd. Piper Sandler decreased their price target on shares of Trupanion from $28.00 to $22.00 and set a “neutral” rating for the company in a report on Friday, May 3rd. Finally, Evercore ISI dropped their price target on Trupanion from $35.00 to $31.00 and set an “outperform” rating on the stock in a research note on Tuesday, February 20th. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $28.75.

Trupanion Company Profile

Trupanion, Inc, together with its subsidiaries, provides medical insurance for cats and dogs on a monthly subscription basis in the United States, Canada, Continental Europe, and Australia. The company operates in two segments, Subscription Business and Other Business. It serves pet owners and veterinarians.