Trupanion (NASDAQ:TRUP) CEO Sells $25,000.00 in Stock

Trupanion, Inc. (NASDAQ:TRUP) CEO Margaret Tooth sold 1,000 shares of the business’s stock in a transaction on Friday, September 11th. The stock was sold at an average price of $25.00, for a total transaction of $25,000.00. Following the completion of the sale, the chief executive officer owned 185,952 shares in the company, valued at $4,648,800. This represents a 0.53% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Margaret Tooth also recently made the following trade(s):

• On Tuesday, August 25th, Margaret Tooth sold 491 shares of Trupanion stock. The shares were sold at an average price of $31.84, for a total transaction of $15,633.44.
• On Tuesday, August 11th, Margaret Tooth sold 978 shares of Trupanion stock. The stock was sold at an average price of $29.05, for a total transaction of $28,410.90.

Trupanion Price Performance

Shares of NASDAQ:TRUP traded up $0.17 on Tuesday, reaching $26.32. The company’s stock had a trading volume of 414,065 shares, compared to its average volume of 439,054. The company has a 50-day simple moving average of $27.39 and a 200 day simple moving average of $25.77. Trupanion, Inc. has a 52-week low of $21.16 and a 52-week high of $46.98. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.77 and a current ratio of 1.77. The company has a market cap of $1.15 billion, a P/E ratio of 49.66, a PEG ratio of 1.68 and a beta of 1.45.

Trupanion (NASDAQ:TRUP) last announced its earnings results on Wednesday, August 5th. The financial services provider reported $0.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.11 by $0.05. Trupanion had a net margin of 1.53% and a return on equity of 5.96%. The firm had revenue of $392.93 million for the quarter, compared to analysts’ expectations of $389.72 million. During the same period in the prior year, the company earned $0.22 EPS. The business’s revenue was up 11.1% compared to the same quarter last year. As a group, equities research analysts anticipate that Trupanion, Inc. will post 0.63 EPS for the current fiscal year.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. WINTON GROUP Ltd lifted its stake in shares of Trupanion by 25.2% during the 2nd quarter. WINTON GROUP Ltd now owns 47,749 shares of the financial services provider’s stock worth $1,183,000 after acquiring an additional 9,596 shares during the last quarter. Squarepoint Ops LLC boosted its holdings in Trupanion by 0.7% during the 2nd quarter. Squarepoint Ops LLC now owns 71,382 shares of the financial services provider’s stock valued at $1,768,000 after acquiring an additional 482 shares during the period. Arizona State Retirement System grew its position in Trupanion by 7.7% in the 2nd quarter. Arizona State Retirement System now owns 9,587 shares of the financial services provider’s stock valued at $237,000 after acquiring an additional 688 shares during the last quarter. Susquehanna Fundamental Investments LLC bought a new position in Trupanion in the 2nd quarter valued at $1,679,000. Finally, Bank of America Corp DE purchased a new stake in Trupanion in the second quarter worth $14,262,000.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the company. Stifel Nicolaus raised their price objective on Trupanion from $28.00 to $29.00 and gave the company a “hold” rating in a research note on Thursday, August 20th. Zacks Research lowered Trupanion from a “strong-buy” rating to a “hold” rating in a report on Monday, August 24th. Weiss Ratings downgraded Trupanion from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday. Piper Sandler lowered shares of Trupanion from an “overweight” rating to a “neutral” rating and dropped their price objective for the stock from $45.00 to $32.00 in a research note on Wednesday, August 26th. Finally, Atlantic Securities set a $42.00 price objective on shares of Trupanion in a research report on Wednesday, July 15th. One equities research analyst has rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat.com, Trupanion has a consensus rating of “Hold” and a consensus price target of $39.20.

About Trupanion

Trupanion, Inc is a pet insurance company that provides medical coverage for cats and dogs. Its subscription-based policies are designed to help pet owners manage the cost of eligible veterinary care, including coverage for unexpected illnesses and injuries. Depending on the policy and jurisdiction, coverage may include diagnostic tests, surgeries, hospital stays and prescription medications, subject to applicable terms, exclusions and deductibles.

The company also develops technology intended to simplify the relationship between pet owners, veterinarians and insurers.