Shares of Trupanion Inc (NYSE:TRUP) have been given a consensus rating of “Buy” by the seven analysts that are presently covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, one has given a hold rating and five have issued a buy rating on the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $19.55.
TRUP has been the subject of a number of research analyst reports. ValuEngine raised shares of Trupanion from a “sell” rating to a “hold” rating in a research report on Friday, June 2nd. Northland Securities initiated coverage on shares of Trupanion in a research report on Friday, May 26th. They set an “outperform” rating and a $22.75 target price for the company.
In related news, insider Darryl Rawlings sold 3,500 shares of the stock in a transaction that occurred on Tuesday, June 6th. The shares were sold at an average price of $21.16, for a total transaction of $74,060.00. Following the completion of the sale, the insider now owns 1,470,505 shares of the company’s stock, valued at approximately $31,115,885.80. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, major shareholder General Partner Ll Maveron III sold 6,083 shares of the stock in a transaction that occurred on Monday, May 15th. The stock was sold at an average price of $16.89, for a total transaction of $102,741.87. The disclosure for this sale can be found here. In the last three months, insiders have sold 23,583 shares of company stock valued at $389,112.
A number of hedge funds have recently bought and sold shares of TRUP. Nine Ten Capital Management LLC increased its stake in Trupanion by 53.4% in the first quarter. Nine Ten Capital Management LLC now owns 1,112,380 shares of the financial services provider’s stock worth $15,818,000 after buying an additional 387,320 shares during the period. Wellington Management Group LLP increased its stake in shares of Trupanion by 71.8% in the first quarter. Wellington Management Group LLP now owns 929,226 shares of the financial services provider’s stock valued at $13,213,000 after buying an additional 388,226 shares during the period. Vanguard Group Inc. increased its stake in shares of Trupanion by 3.7% in the first quarter. Vanguard Group Inc. now owns 650,459 shares of the financial services provider’s stock valued at $9,249,000 after buying an additional 23,419 shares during the period. Handelsbanken Fonder AB purchased a new stake in shares of Trupanion during the first quarter valued at about $6,399,000. Finally, Arrowpoint Asset Management LLC increased its stake in shares of Trupanion by 22.7% in the fourth quarter. Arrowpoint Asset Management LLC now owns 346,414 shares of the financial services provider’s stock valued at $5,376,000 after buying an additional 64,159 shares during the period.
Shares of Trupanion (NYSE TRUP) traded up 0.34% on Tuesday, hitting $20.64. 8,630 shares of the company were exchanged. Trupanion has a 52-week low of $11.15 and a 52-week high of $21.90. The firm’s market cap is $614.25 million. The company has a 50-day moving average price of $18.68 and a 200 day moving average price of $16.18.
Trupanion, Inc provides medical insurance plans for cats and dogs throughout the United States, Canada and Puerto Rico. The Company operates in two business segments: subscription business and other business. The subscription business segment includes monthly subscriptions for its medical plan, which are marketed to consumers.
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