Trupanion Inc (NASDAQ:TRUP) shares reached a new 52-week high and low during mid-day trading on Thursday . The company traded as low as $37.92 and last traded at $37.85, with a volume of 6337 shares changing hands. The stock had previously closed at $37.21.
TRUP has been the subject of a number of research analyst reports. Lake Street Capital lifted their price target on Trupanion from $32.00 to $41.00 and gave the company a “buy” rating in a report on Wednesday, February 14th. Stifel Nicolaus reaffirmed a “buy” rating and issued a $34.00 price target (up from $33.00) on shares of Trupanion in a report on Wednesday, February 14th. ValuEngine raised Trupanion from a “hold” rating to a “buy” rating in a report on Monday, April 2nd. Canaccord Genuity reaffirmed a “buy” rating and issued a $40.00 price target on shares of Trupanion in a report on Wednesday, May 2nd. Finally, BidaskClub raised Trupanion from a “hold” rating to a “buy” rating in a report on Tuesday, May 22nd. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, six have assigned a buy rating and two have issued a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of $36.29.
The company has a quick ratio of 1.88, a current ratio of 1.88 and a debt-to-equity ratio of 0.31. The stock has a market capitalization of $1.10 billion, a P/E ratio of -535.86 and a beta of 0.66.
Trupanion (NASDAQ:TRUP) last announced its quarterly earnings data on Tuesday, May 1st. The financial services provider reported ($0.05) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.04) by ($0.01). The firm had revenue of $69.76 million during the quarter, compared to analyst estimates of $69.12 million. Trupanion had a negative return on equity of 6.54% and a negative net margin of 0.58%. Trupanion’s revenue for the quarter was up 27.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned ($0.05) earnings per share. equities research analysts expect that Trupanion Inc will post -0.12 EPS for the current fiscal year.
In other news, insider Darryl Rawlings sold 4,000 shares of the business’s stock in a transaction dated Wednesday, May 30th. The stock was sold at an average price of $32.76, for a total transaction of $131,040.00. Following the completion of the transaction, the insider now directly owns 1,355,976 shares in the company, valued at approximately $44,421,773.76. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CMO Margaret Tooth sold 1,500 shares of the business’s stock in a transaction dated Wednesday, May 9th. The stock was sold at an average price of $27.04, for a total value of $40,560.00. Following the transaction, the chief marketing officer now owns 1,502 shares of the company’s stock, valued at $40,614.08. The disclosure for this sale can be found here. Over the last quarter, insiders sold 25,000 shares of company stock valued at $709,650. Corporate insiders own 20.70% of the company’s stock.
Several institutional investors have recently bought and sold shares of the company. Nine Ten Capital Management LLC grew its position in shares of Trupanion by 55.7% during the 1st quarter. Nine Ten Capital Management LLC now owns 2,156,419 shares of the financial services provider’s stock worth $64,455,000 after buying an additional 771,552 shares during the period. BlackRock Inc. grew its position in shares of Trupanion by 1.9% during the 1st quarter. BlackRock Inc. now owns 1,335,808 shares of the financial services provider’s stock worth $39,927,000 after buying an additional 24,927 shares during the period. Baillie Gifford & Co. grew its position in shares of Trupanion by 10.0% during the 1st quarter. Baillie Gifford & Co. now owns 1,171,305 shares of the financial services provider’s stock worth $35,010,000 after buying an additional 106,434 shares during the period. Loomis Sayles & Co. L P grew its position in shares of Trupanion by 19.8% during the 1st quarter. Loomis Sayles & Co. L P now owns 610,460 shares of the financial services provider’s stock worth $18,247,000 after buying an additional 100,876 shares during the period. Finally, Handelsbanken Fonder AB grew its position in shares of Trupanion by 21.4% during the 1st quarter. Handelsbanken Fonder AB now owns 425,000 shares of the financial services provider’s stock worth $12,703,000 after buying an additional 75,000 shares during the period. Institutional investors own 83.62% of the company’s stock.
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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