Advisor Group Inc. Buys New Holdings in Trupanion (TRUP)

Advisor Group Inc. bought a new position in Trupanion (NASDAQ:TRUP) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 6,208 shares of the financial services provider’s stock, valued at approximately $182,000.

A number of other institutional investors also recently added to or reduced their stakes in TRUP. BlackRock Inc. boosted its holdings in Trupanion by 15.2% in the fourth quarter. BlackRock Inc. now owns 1,310,881 shares of the financial services provider’s stock worth $38,370,000 after acquiring an additional 172,785 shares in the last quarter. DAVENPORT & Co LLC raised its stake in shares of Trupanion by 199.3% in the fourth quarter. DAVENPORT & Co LLC now owns 188,770 shares of the financial services provider’s stock worth $5,525,000 after purchasing an additional 125,707 shares during the last quarter. The Manufacturers Life Insurance Company raised its stake in shares of Trupanion by 647.6% in the fourth quarter. The Manufacturers Life Insurance Company now owns 134,997 shares of the financial services provider’s stock worth $3,951,000 after purchasing an additional 116,940 shares during the last quarter. Hamilton Lane Advisors LLC raised its stake in shares of Trupanion by 92.5% in the fourth quarter. Hamilton Lane Advisors LLC now owns 120,611 shares of the financial services provider’s stock worth $3,530,000 after purchasing an additional 57,971 shares during the last quarter. Finally, King Luther Capital Management Corp purchased a new position in shares of Trupanion in the third quarter worth $1,524,000. 74.75% of the stock is currently owned by institutional investors and hedge funds.

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Several research firms have recently weighed in on TRUP. BidaskClub cut Trupanion from a “hold” rating to a “sell” rating in a research note on Thursday, February 15th. Zacks Investment Research upgraded Trupanion from a “sell” rating to a “hold” rating in a research note on Wednesday, March 14th. Northland Securities restated a “buy” rating and issued a $38.00 price target on shares of Trupanion in a research note on Thursday, February 8th. Stifel Nicolaus restated a “buy” rating and issued a $34.00 price target (up previously from $33.00) on shares of Trupanion in a research note on Wednesday, February 14th. Finally, Cowen restated an “outperform” rating and issued a $38.00 price target (up previously from $32.00) on shares of Trupanion in a research note on Wednesday, February 14th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and seven have issued a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus target price of $35.57.

Trupanion stock opened at $27.02 on Friday. The firm has a market cap of $802.62, a P/E ratio of -386.00 and a beta of 0.57. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.89 and a quick ratio of 1.89. Trupanion has a one year low of $14.27 and a one year high of $37.13.

Trupanion (NASDAQ:TRUP) last posted its quarterly earnings data on Tuesday, February 13th. The financial services provider reported ($0.05) EPS for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.03). The firm had revenue of $66.55 million for the quarter, compared to analysts’ expectations of $65.60 million. Trupanion had a negative net margin of 0.62% and a negative return on equity of 6.66%. research analysts anticipate that Trupanion will post -0.05 earnings per share for the current year.

In related news, insider Darryl Rawlings sold 4,000 shares of the company’s stock in a transaction on Monday, March 26th. The stock was sold at an average price of $29.71, for a total transaction of $118,840.00. Following the completion of the sale, the insider now owns 1,371,976 shares in the company, valued at $40,761,406.96. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Murray B. Low sold 3,000 shares of the company’s stock in a transaction 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 sale, the director now owns 194,281 shares of the company’s stock, valued at approximately $5,521,466.02. The disclosure for this sale can be found here. In the last quarter, insiders have sold 21,000 shares of company stock valued at $654,865. 31.24% of the stock is owned by company insiders.

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Trupanion Company Profile

Trupanion, Inc, together with its subsidiaries, provides medical insurance for cats and dogs on monthly subscription basis in the United States, Canada, and Puerto Rico. The company operates through Subscription Business and Other Business segments. It serves pet owners and veterinarians through third-party referrals and online member acquisition channels.

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Institutional Ownership by Quarter for Trupanion (NASDAQ:TRUP)

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