Trupanion, Inc. (NASDAQ:TRUP) Shares Acquired by Check Capital Management Inc. CA

Check Capital Management Inc. CA increased its stake in shares of Trupanion, Inc. (NASDAQ:TRUP) by 2.7% in the 3rd quarter, HoldingsChannel reports. The firm owned 41,460 shares of the financial services provider’s stock after purchasing an additional 1,100 shares during the period. Trupanion makes up 0.1% of Check Capital Management Inc. CA’s investment portfolio, making the stock its 20th biggest position. Check Capital Management Inc. CA’s holdings in Trupanion were worth $1,740,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. GAMMA Investing LLC increased its holdings in Trupanion by 70.4% in the third quarter. GAMMA Investing LLC now owns 1,442 shares of the financial services provider’s stock valued at $61,000 after buying an additional 596 shares during the last quarter. Headlands Technologies LLC purchased a new position in shares of Trupanion during the second quarter worth about $162,000. Entropy Technologies LP purchased a new stake in Trupanion during the 3rd quarter valued at approximately $202,000. Oppenheimer Asset Management Inc. acquired a new stake in shares of Trupanion during the second quarter worth $235,000. Finally, Handelsbanken Fonder AB acquired a new stake in shares of Trupanion in the 3rd quarter worth $248,000.

Analyst Ratings Changes

Several equities analysts have issued reports on TRUP shares. Piper Sandler boosted their target price on Trupanion from $45.00 to $57.00 and gave the stock a “neutral” rating in a research report on Thursday, October 31st. Stifel Nicolaus boosted their price objective on shares of Trupanion from $30.00 to $40.00 and gave the stock a “hold” rating in a report on Monday, September 23rd. Bank of America increased their target price on shares of Trupanion from $47.00 to $56.00 and gave the company a “buy” rating in a report on Friday, September 20th. William Blair began coverage on Trupanion in a report on Friday, July 19th. They issued an “outperform” rating on the stock. Finally, Evercore ISI raised Trupanion to a “strong-buy” rating in a report on Friday, August 9th. Three equities research analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $44.67.

Insider Activity at Trupanion

In other news, CEO Margaret Tooth sold 7,500 shares of the company’s stock in a transaction on Wednesday, August 28th. The stock was sold at an average price of $46.48, for a total transaction of $348,600.00. Following the completion of the sale, the chief executive officer now directly owns 99,984 shares in the company, valued at $4,647,256.32. This represents a 6.98 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director Murray B. Low sold 2,000 shares of Trupanion stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $52.67, for a total value of $105,340.00. Following the completion of the transaction, the director now owns 131,513 shares in the company, valued at $6,926,789.71. The trade was a 1.50 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 10,124 shares of company stock worth $482,981. 5.50% of the stock is currently owned by insiders.

Trupanion Stock Performance

Shares of NASDAQ TRUP opened at $52.24 on Friday. The company has a 50-day simple moving average of $47.88 and a 200-day simple moving average of $37.92. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.66 and a quick ratio of 1.66. The company has a market cap of $2.21 billion, a PE ratio of -163.25 and a beta of 1.69. Trupanion, Inc. has a 12 month low of $19.69 and a 12 month high of $57.90.

Trupanion (NASDAQ:TRUP) last released its earnings results on Wednesday, October 30th. The financial services provider reported $0.03 EPS for the quarter, topping 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 analysts’ expectations of $321.79 million. During the same period in the previous year, the company earned ($0.10) EPS. Trupanion’s revenue for the quarter was up 14.6% on a year-over-year basis. On average, equities analysts anticipate that Trupanion, Inc. will post -0.23 earnings per share for the current year.

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.