Trupanion, Inc. (NASDAQ:TRUP) CFO Sells $46,984.06 in Stock

Trupanion, Inc. (NASDAQ:TRUP) CFO Fawwad Qureshi sold 1,373 shares of Trupanion stock in a transaction that occurred on Wednesday, February 26th. The shares were sold at an average price of $34.22, for a total transaction of $46,984.06. Following the completion of the transaction, the chief financial officer now owns 2,416 shares of the company’s stock, valued at $82,675.52. This trade represents a 36.24 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

Fawwad Qureshi also recently made the following trade(s):

• On Friday, November 29th, Fawwad Qureshi sold 9,867 shares of Trupanion stock. The stock was sold at an average price of $53.08, for a total value of $523,740.36.

Trupanion Stock Down 0.7 %

NASDAQ TRUP opened at $33.59 on Friday. The stock has a market capitalization of $1.42 billion, a P/E ratio of -146.04, a price-to-earnings-growth ratio of 6.02 and a beta of 1.60. Trupanion, Inc. has a 52 week low of $19.69 and a 52 week high of $57.90. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.66 and a current ratio of 1.71. The stock has a fifty day moving average of $46.20 and a 200-day moving average of $47.82.

Trupanion (NASDAQ:TRUP) last posted its quarterly earnings results on Wednesday, February 19th. The financial services provider reported $0.04 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.06 by ($0.02). The firm had revenue of $337.31 million during the quarter, compared to the consensus estimate of $335.41 million. Trupanion had a negative net margin of 0.75% and a negative return on equity of 3.08%. On average, equities research analysts forecast that Trupanion, Inc. will post 0.13 EPS for the current year.

Institutional Investors Weigh In On Trupanion

Several institutional investors have recently modified their holdings of the business. FMR LLC lifted its holdings in Trupanion by 55,963.7% in the third quarter. FMR LLC now owns 1,172,293 shares of the financial services provider’s stock valued at $49,213,000 after buying an additional 1,170,202 shares during the period. Barclays PLC raised its position in shares of Trupanion by 259.2% during the 3rd quarter. Barclays PLC now owns 65,498 shares of the financial services provider’s stock valued at $2,750,000 after acquiring an additional 47,262 shares during the last quarter. Centiva Capital LP acquired a new position in shares of Trupanion in the 3rd quarter valued at $595,000. FORA Capital LLC bought a new position in shares of Trupanion in the 3rd quarter worth $540,000. Finally, Blueshift Asset Management LLC boosted its position in shares of Trupanion by 215.8% in the 3rd quarter. Blueshift Asset Management LLC now owns 37,230 shares of the financial services provider’s stock worth $1,563,000 after purchasing an additional 25,440 shares during the last quarter.

Analyst Upgrades and Downgrades

A number of research firms have commented on TRUP. Northland Securities boosted their price objective on Trupanion from $45.00 to $50.00 and gave the stock a “market perform” rating in a research note on Thursday, October 31st. Stifel Nicolaus cut their price target on Trupanion from $44.00 to $41.00 and set a “hold” rating for the company in a report on Thursday, February 20th. Finally, Piper Sandler decreased their price objective on shares of Trupanion from $57.00 to $52.00 and set an “overweight” rating on the stock in a report on Thursday, February 20th. Two research analysts have rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, Trupanion has a consensus rating of “Moderate Buy” and an average target price of $46.60.

About Trupanion

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.