Trupanion Inc (NYSE:TRUP) Director Howard E. Rubin sold 75,000 shares of the business’s stock in a transaction on Monday, October 3rd. The stock was sold at an average price of $16.56, for a total value of $1,242,000.00. Following the transaction, the director now owns 100,000 shares of the company’s stock, valued at approximately $1,656,000. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.
Shares of Trupanion Inc (NYSE:TRUP) opened at 16.07 on Friday. The company’s market cap is $466.27 million. Trupanion Inc has a 1-year low of $6.27 and a 1-year high of $17.68. The stock has a 50 day moving average price of $15.86 and a 200-day moving average price of $13.97.
Trupanion (NYSE:TRUP) last posted its quarterly earnings results on Tuesday, August 2nd. The company reported ($0.03) EPS for the quarter, beating the consensus estimate of ($0.09) by $0.06. The firm earned $45.83 million during the quarter, compared to analyst estimates of $45.05 million. The company’s revenue was up 28.8% on a year-over-year basis. During the same period last year, the company earned ($0.17) EPS. Analysts predict that Trupanion Inc will post ($0.22) earnings per share for the current fiscal year.
Several institutional investors have recently modified their holdings of the company. Spark Investment Management LLC bought a new position in shares of Trupanion during the first quarter worth about $532,000. Renaissance Technologies LLC boosted its position in shares of Trupanion by 61.9% in the first quarter. Renaissance Technologies LLC now owns 115,600 shares of the company’s stock worth $1,139,000 after buying an additional 44,200 shares during the last quarter. BlackRock Institutional Trust Company N.A. boosted its position in shares of Trupanion by 4.2% in the first quarter. BlackRock Institutional Trust Company N.A. now owns 128,636 shares of the company’s stock worth $1,267,000 after buying an additional 5,131 shares during the last quarter. Royce & Associates LP bought a new position in shares of Trupanion during the second quarter worth about $398,000. Finally, State Street Corp boosted its position in shares of Trupanion by 33.4% in the first quarter. State Street Corp now owns 132,835 shares of the company’s stock worth $1,308,000 after buying an additional 33,286 shares during the last quarter.
A number of brokerages have issued reports on TRUP. Stifel Nicolaus boosted their price target on Trupanion from $17.00 to $20.00 and gave the stock a “buy” rating in a research report on Wednesday, August 3rd. Canaccord Genuity reiterated a “buy” rating and set a $19.00 price target on shares of Trupanion in a research report on Thursday, August 4th. RBC Capital Markets reiterated an “outperform” rating and set a $18.00 price target (up previously from $14.00) on shares of Trupanion in a research report on Wednesday, August 3rd. Zacks Investment Research lowered Trupanion from a “buy” rating to a “hold” rating in a research report on Wednesday, July 27th. Finally, Lake Street Capital began coverage on Trupanion in a research report on Tuesday, July 19th. They set a “buy” rating and a $18.00 price target for the company. Two research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Trupanion currently has an average rating of “Buy” and a consensus price target of $15.75.
Trupanion, Inc provides a medical insurance plan for cats and dogs across the United States, Canada and Puerto Rico. The Company operates through two segments: subscription business and other business. The subscription business segment includes monthly subscriptions related to the Company’s medical plan, which are marketed directly to consumers.
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