Trupanion, Inc. (NASDAQ:TRUP) SVP Sells $49,095.00 in Stock

Trupanion, Inc. (NASDAQ:TRUP) SVP Emily Dreyer sold 900 shares of the stock in a transaction on Monday, November 25th. The stock was sold at an average price of $54.55, for a total value of $49,095.00. Following the completion of the sale, the senior vice president now owns 23,808 shares in the company, valued at $1,298,726.40. This trade represents a 3.64 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Emily Dreyer also recently made the following trade(s):

• On Friday, November 22nd, Emily Dreyer sold 3,100 shares of Trupanion stock. The stock was sold at an average price of $54.85, for a total value of $170,035.00.

Trupanion Stock Performance

Trupanion stock opened at $53.50 on Friday. The stock’s 50 day simple moving average is $49.73 and its two-hundred day simple moving average is $40.06. Trupanion, Inc. has a fifty-two week low of $19.69 and a fifty-two week high of $57.90. The stock has a market cap of $2.27 billion, a price-to-earnings ratio of -167.19 and a beta of 1.69. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.66 and a current ratio of 1.66.

Trupanion (NASDAQ:TRUP) last released its earnings results on Wednesday, October 30th. The financial services provider reported $0.03 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.06) by $0.09. Trupanion had a negative net margin of 1.08% and a negative return on equity of 4.36%. The firm had revenue of $327.50 million during the quarter, compared to analyst estimates of $321.79 million. During the same period last year, the business earned ($0.10) earnings per share. The business’s revenue was up 14.6% on a year-over-year basis. As a group, analysts expect that Trupanion, Inc. will post -0.23 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Trupanion

A number of large investors have recently added to or reduced their stakes in the stock. State Board of Administration of Florida Retirement System grew its position in shares of Trupanion by 12.6% during the 1st quarter. State Board of Administration of Florida Retirement System now owns 12,726 shares of the financial services provider’s stock valued at $351,000 after acquiring an additional 1,420 shares during the period. Vanguard Group Inc. lifted its holdings in shares of Trupanion by 0.9% in the 1st quarter. Vanguard Group Inc. now owns 3,673,791 shares of the financial services provider’s stock valued at $101,433,000 after acquiring an additional 32,485 shares during the last quarter. CANADA LIFE ASSURANCE Co lifted its holdings in shares of Trupanion by 2.0% in the 1st quarter. CANADA LIFE ASSURANCE Co now owns 43,060 shares of the financial services provider’s stock valued at $1,188,000 after acquiring an additional 830 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its holdings in shares of Trupanion by 14.6% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 11,325 shares of the financial services provider’s stock valued at $313,000 after acquiring an additional 1,441 shares during the last quarter. Finally, Bayesian Capital Management LP bought a new position in shares of Trupanion in the 1st quarter valued at about $253,000.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on TRUP shares. Northland Securities increased their price objective on Trupanion from $45.00 to $50.00 and gave the stock a “market perform” rating in a research report on Thursday, October 31st. Evercore ISI upgraded Trupanion to a “strong-buy” rating in a research report on Friday, August 9th. Stifel Nicolaus raised their price objective on Trupanion from $30.00 to $40.00 and gave the company a “hold” rating in a research note on Monday, September 23rd. Piper Sandler raised their price objective on Trupanion from $45.00 to $57.00 and gave the company a “neutral” rating in a research note on Thursday, October 31st. Finally, Bank of America raised their price objective on Trupanion from $47.00 to $56.00 and gave the company a “buy” rating in a research note on Friday, September 20th. Three analysts have rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, Trupanion currently has a consensus rating of “Moderate Buy” and a consensus target price of $44.67.

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.