Trupanion, Inc. (NASDAQ:TRUP) Receives Average Rating of “Hold” from Analysts

Shares of Trupanion, Inc. (NASDAQ:TRUPGet Rating) have received a consensus rating of “Hold” from the ten analysts that are currently covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, one has issued a hold rating and three have assigned a buy rating to the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is $77.25.

Several research analysts have weighed in on the company. Lake Street Capital reduced their target price on Trupanion to $67.00 in a report on Friday, November 4th. StockNews.com started coverage on Trupanion in a report on Wednesday, October 12th. They issued a “sell” rating on the stock. UBS Group cut their price target on Trupanion from $80.00 to $66.00 and set a “buy” rating on the stock in a report on Friday, November 4th. Finally, Piper Sandler boosted their price target on Trupanion from $46.00 to $53.00 and gave the company a “neutral” rating in a report on Tuesday, December 20th.

Trupanion Stock Performance

TRUP stock opened at $54.76 on Wednesday. The business’s 50-day moving average price is $51.72 and its two-hundred day moving average price is $58.40. The company has a current ratio of 1.50, a quick ratio of 1.50 and a debt-to-equity ratio of 0.18. The firm has a market cap of $2.24 billion, a PE ratio of -52.65 and a beta of 1.77. Trupanion has a 1-year low of $40.77 and a 1-year high of $99.10.

Trupanion (NASDAQ:TRUPGet Rating) last posted its earnings results on Thursday, November 3rd. The financial services provider reported ($0.32) earnings per share for the quarter, missing the consensus estimate of ($0.29) by ($0.03). The business had revenue of $233.76 million for the quarter, compared to the consensus estimate of $231.21 million. Trupanion had a negative return on equity of 13.12% and a negative net margin of 4.97%. As a group, research analysts forecast that Trupanion will post -1.17 earnings per share for the current year.

Insider Activity at Trupanion

In related news, CEO Darryl Rawlings sold 4,000 shares of Trupanion stock in a transaction dated Monday, January 9th. The stock was sold at an average price of $48.54, for a total value of $194,160.00. Following the sale, the chief executive officer now owns 857,109 shares of the company’s stock, valued at $41,604,070.86. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In other Trupanion news, Director Michael Doak sold 700 shares of the business’s stock in a transaction that occurred on Thursday, January 5th. The stock was sold at an average price of $46.00, for a total transaction of $32,200.00. Following the transaction, the director now owns 1,682 shares of the company’s stock, valued at $77,372. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, CEO Darryl Rawlings sold 4,000 shares of the business’s stock in a transaction that occurred on Monday, January 9th. The stock was sold at an average price of $48.54, for a total value of $194,160.00. Following the transaction, the chief executive officer now directly owns 857,109 shares in the company, valued at approximately $41,604,070.86. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 21,550 shares of company stock valued at $1,088,000. 5.86% of the stock is owned by insiders.

Hedge Funds Weigh In On Trupanion

A number of institutional investors have recently bought and sold shares of the business. BlackRock Inc. increased its position in Trupanion by 1.5% during the third quarter. BlackRock Inc. now owns 5,573,284 shares of the financial services provider’s stock worth $331,221,000 after buying an additional 79,943 shares during the last quarter. Vanguard Group Inc. grew its position in shares of Trupanion by 1.5% in the third quarter. Vanguard Group Inc. now owns 3,986,175 shares of the financial services provider’s stock valued at $236,899,000 after purchasing an additional 57,855 shares during the last quarter. Nine Ten Capital Management LLC increased its stake in shares of Trupanion by 55.4% during the second quarter. Nine Ten Capital Management LLC now owns 3,638,509 shares of the financial services provider’s stock worth $219,257,000 after purchasing an additional 1,296,590 shares during the period. Flossbach Von Storch AG bought a new position in shares of Trupanion during the third quarter worth approximately $103,817,000. Finally, State Street Corp increased its stake in shares of Trupanion by 9.7% during the second quarter. State Street Corp now owns 1,368,151 shares of the financial services provider’s stock worth $82,445,000 after purchasing an additional 120,718 shares during the period. Institutional investors and hedge funds own 97.55% of the company’s stock.

Trupanion Company Profile

(Get Rating)

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

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