Trupanion Inc (TRUP) Insider Sells $99,470.00 in Stock

Trupanion Inc (NASDAQ:TRUP) insider Darryl Rawlings sold 3,500 shares of the business’s stock in a transaction dated Tuesday, February 20th. The shares were sold at an average price of $28.42, for a total value of $99,470.00. Following the sale, the insider now owns 1,379,476 shares of the company’s stock, valued at $39,204,707.92. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Darryl Rawlings also recently made the following trade(s):

  • On Thursday, February 1st, Darryl Rawlings sold 3,500 shares of Trupanion stock. The shares were sold at an average price of $34.36, for a total value of $120,260.00.
  • On Tuesday, January 16th, Darryl Rawlings sold 3,500 shares of Trupanion stock. The shares were sold at an average price of $34.08, for a total value of $119,280.00.
  • On Wednesday, December 27th, Darryl Rawlings sold 3,500 shares of Trupanion stock. The shares were sold at an average price of $30.11, for a total value of $105,385.00.
  • On Wednesday, December 13th, Darryl Rawlings sold 3,500 shares of Trupanion stock. The shares were sold at an average price of $30.10, for a total value of $105,350.00.

Shares of Trupanion Inc (NASDAQ TRUP) traded up $0.03 during trading hours on Thursday, hitting $28.64. The company had a trading volume of 322,500 shares, compared to its average volume of 347,889. The company has a current ratio of 1.89, a quick ratio of 1.89 and a debt-to-equity ratio of 0.19. Trupanion Inc has a 52 week low of $13.88 and a 52 week high of $36.88. The company has a market cap of $860.34, a P/E ratio of -572.80 and a beta of 0.34.

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

Hedge funds and other institutional investors have recently bought and sold shares of the stock. First Mercantile Trust Co. purchased a new position in Trupanion in the 4th quarter worth approximately $129,000. JPMorgan Chase & Co. purchased a new position in Trupanion in the 3rd quarter worth approximately $143,000. Advisor Group Inc. purchased a new position in Trupanion in the 4th quarter worth approximately $182,000. Oppenheimer Asset Management Inc. purchased a new position in Trupanion in the 3rd quarter worth approximately $221,000. Finally, Voya Investment Management LLC purchased a new position in Trupanion in the 2nd quarter worth approximately $215,000. 63.75% of the stock is currently owned by institutional investors.

A number of research analysts recently issued reports on the company. Zacks Investment Research downgraded Trupanion from a “buy” rating to a “hold” rating in a research note on Thursday, February 15th. BidaskClub downgraded Trupanion from a “hold” rating to a “sell” rating in a research note on Thursday, February 15th. Lake Street Capital boosted their price objective on Trupanion from $32.00 to $41.00 and gave the company a “buy” rating in a research note on Wednesday, February 14th. Cowen reiterated an “outperform” rating and set a $38.00 price objective (up from $32.00) on shares of Trupanion in a research note on Wednesday, February 14th. Finally, Stifel Nicolaus reiterated a “buy” rating and set a $34.00 price objective (up from $33.00) on shares of Trupanion in a research note on Wednesday, February 14th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and six have given a buy rating to the company. Trupanion currently has a consensus rating of “Buy” and an average price target of $35.57.

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About Trupanion

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.

Insider Buying and Selling by Quarter for Trupanion (NASDAQ:TRUP)

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