Trupanion, Inc. $TRUP Shares Sold by Vanguard Group Inc.

Vanguard Group Inc. trimmed its holdings in shares of Trupanion, Inc. (NASDAQ:TRUP) by 1.4% during the 4th quarter, Holdings Channel reports. The institutional investor owned 3,505,021 shares of the financial services provider’s stock after selling 48,592 shares during the period. Vanguard Group Inc. owned about 0.08% of Trupanion worth $130,983,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Thrivent Financial for Lutherans boosted its holdings in Trupanion by 1.1% in the second quarter. Thrivent Financial for Lutherans now owns 24,853 shares of the financial services provider’s stock worth $1,376,000 after acquiring an additional 282 shares in the last quarter. EP Wealth Advisors LLC raised its position in shares of Trupanion by 2.9% in the 2nd quarter. EP Wealth Advisors LLC now owns 10,310 shares of the financial services provider’s stock valued at $571,000 after purchasing an additional 292 shares during the last quarter. PNC Financial Services Group Inc. raised its position in shares of Trupanion by 21.7% in the 3rd quarter. PNC Financial Services Group Inc. now owns 2,678 shares of the financial services provider’s stock valued at $116,000 after purchasing an additional 478 shares during the last quarter. AlphaQuest LLC boosted its stake in Trupanion by 16.5% in the 3rd quarter. AlphaQuest LLC now owns 3,444 shares of the financial services provider’s stock worth $149,000 after purchasing an additional 487 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in Trupanion by 3.8% in the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 20,340 shares of the financial services provider’s stock worth $1,126,000 after purchasing an additional 737 shares in the last quarter.

Trupanion Stock Performance

Shares of Trupanion stock opened at $23.84 on Tuesday. Trupanion, Inc. has a 52 week low of $23.74 and a 52 week high of $57.88. The business’s fifty day simple moving average is $26.09 and its 200-day simple moving average is $32.18. The firm has a market cap of $1.04 billion, a PE ratio of 40.41 and a beta of 1.49. The company has a quick ratio of 1.73, a current ratio of 1.73 and a debt-to-equity ratio of 0.25.

Trupanion (NASDAQ:TRUP) last issued its quarterly earnings data on Thursday, April 30th. The financial services provider reported $0.11 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.07 by $0.04. The firm had revenue of $384.05 million during the quarter, compared to the consensus estimate of $379.77 million. Trupanion had a return on equity of 6.87% and a net margin of 1.74%.The company’s quarterly revenue was up 12.3% on a year-over-year basis. During the same period last year, the company earned ($0.03) EPS. Equities analysts forecast that Trupanion, Inc. will post 0.53 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on TRUP shares. Zacks Research lowered shares of Trupanion from a “strong-buy” rating to a “hold” rating in a research note on Friday, February 13th. Cantor Fitzgerald lowered their price target on Trupanion from $42.00 to $34.00 and set a “neutral” rating on the stock in a research report on Thursday, April 9th. Stifel Nicolaus cut their price target on shares of Trupanion from $35.00 to $31.00 and set a “hold” rating for the company in a report on Tuesday, March 31st. Weiss Ratings downgraded shares of Trupanion from a “hold (c-)” rating to a “sell (d+)” rating in a report on Wednesday, March 4th. Finally, Bank of America reduced their target price on shares of Trupanion from $63.00 to $59.00 and set a “buy” rating for the company in a research report on Tuesday, April 14th. Two research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $42.25.

Insiders Place Their Bets

In other Trupanion news, COO John R. Gallagher sold 5,283 shares of Trupanion stock in a transaction dated Friday, February 27th. The shares were sold at an average price of $26.52, for a total transaction of $140,105.16. Following the completion of the sale, the chief operating officer directly owned 32,387 shares in the company, valued at $858,903.24. This trade represents a 14.02% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Fawwad Qureshi sold 4,645 shares of the business’s stock in a transaction that occurred on Wednesday, February 25th. The shares were sold at an average price of $25.61, for a total transaction of $118,958.45. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 21,503 shares of company stock valued at $578,537 over the last 90 days. 5.42% of the stock is owned by company insiders.

Trupanion Company Profile

Trupanion, Inc is a pet medical insurance company that provides comprehensive insurance coverage for cats and dogs. The company’s core offering is a single, customizable medical policy designed to cover veterinary diagnostic tests, surgeries, hospital stays and congenital or hereditary conditions. Trupanion seeks to streamline the claims process by offering direct payment options to participating veterinarians, reducing the need for upfront payments by pet owners.

Founded in 1999 by Darryl Rawlings and headquartered in Seattle, Washington, Trupanion began operations in the early 2000s and has grown its presence through both digital channels and partnerships with veterinary hospitals.