Trupanion Inc (NASDAQ:TRUP) Director Murray B. Low sold 3,000 shares of the business’s stock in a transaction that occurred on Thursday, February 22nd. The shares were sold at an average price of $28.42, for a total value of $85,260.00. Following the completion of the sale, the director now owns 194,281 shares of the company’s stock, valued at $5,521,466.02. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.
Shares of Trupanion Inc (NASDAQ TRUP) opened at $29.69 on Wednesday. Trupanion Inc has a twelve month low of $13.88 and a twelve month high of $36.88. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.89 and a quick ratio of 1.89. The firm has a market capitalization of $891.88, a P/E ratio of -593.80 and a beta of 0.34.
Trupanion (NASDAQ:TRUP) last issued its quarterly earnings results on Tuesday, February 13th. The financial services provider reported ($0.05) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.02) by ($0.03). The firm had revenue of $66.55 million during the quarter, compared to the consensus estimate of $65.60 million. Trupanion had a negative net margin of 0.62% and a negative return on equity of 6.66%. sell-side analysts predict that Trupanion Inc will post -0.05 earnings per share for the current fiscal year.
A number of institutional investors and hedge funds have recently modified their holdings of TRUP. Millennium Management LLC bought a new position in Trupanion during the 4th quarter worth $6,851,000. BlackRock Inc. grew its stake in Trupanion by 15.2% during the 4th quarter. BlackRock Inc. now owns 1,310,881 shares of the financial services provider’s stock worth $38,370,000 after buying an additional 172,785 shares during the last quarter. DAVENPORT & Co LLC grew its stake in Trupanion by 199.3% during the 4th quarter. DAVENPORT & Co LLC now owns 188,770 shares of the financial services provider’s stock worth $5,525,000 after buying an additional 125,707 shares during the last quarter. State Street Corp grew its stake in Trupanion by 54.4% during the 2nd quarter. State Street Corp now owns 346,367 shares of the financial services provider’s stock worth $7,752,000 after buying an additional 121,990 shares during the last quarter. Finally, The Manufacturers Life Insurance Company grew its stake in Trupanion by 647.6% during the 4th quarter. The Manufacturers Life Insurance Company now owns 134,997 shares of the financial services provider’s stock worth $3,951,000 after buying an additional 116,940 shares during the last quarter. Hedge funds and other institutional investors own 63.75% of the company’s stock.
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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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