EAM Global Investors LLC lowered its stake in Trupanion Inc (NASDAQ:TRUP) by 14.7% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 36,470 shares of the financial services provider’s stock after selling 6,282 shares during the quarter. EAM Global Investors LLC owned about 0.12% of Trupanion worth $1,090,000 at the end of the most recent quarter.
A number of other hedge funds also recently bought and sold shares of TRUP. Summit Trail Advisors LLC lifted its holdings in Trupanion by 2,638.0% in the first quarter. Summit Trail Advisors LLC now owns 109,876 shares of the financial services provider’s stock worth $110,000 after purchasing an additional 105,863 shares during the period. Advisor Group Inc. acquired a new stake in Trupanion in the fourth quarter worth about $182,000. Check Capital Management Inc. CA acquired a new stake in Trupanion in the first quarter worth about $200,000. Oppenheimer & Co. Inc. acquired a new stake in Trupanion in the first quarter worth about $223,000. Finally, Bluestein R H & Co. acquired a new stake in Trupanion in the first quarter worth about $284,000. 83.62% of the stock is owned by institutional investors and hedge funds.
Trupanion traded up $0.03, reaching $38.62, on Friday, according to MarketBeat. The company’s stock had a trading volume of 10,315 shares, compared to its average volume of 401,423. Trupanion Inc has a twelve month low of $20.52 and a twelve month high of $42.39. The company has a current ratio of 1.88, a quick ratio of 1.88 and a debt-to-equity ratio of 0.31. The company has a market capitalization of $1.18 billion, a price-to-earnings ratio of -551.43 and a beta of 0.66.
Trupanion (NASDAQ:TRUP) last issued its quarterly earnings results on Tuesday, May 1st. The financial services provider reported ($0.05) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.04) by ($0.01). Trupanion had a negative net margin of 0.58% and a negative return on equity of 6.54%. The business had revenue of $69.76 million during the quarter, compared to analyst estimates of $69.12 million. During the same period in the previous year, the company posted ($0.05) earnings per share. Trupanion’s revenue was up 27.5% compared to the same quarter last year. research analysts predict that Trupanion Inc will post -0.12 earnings per share for the current year.
Several equities research analysts recently weighed in on the stock. ValuEngine raised shares of Trupanion from a “buy” rating to a “strong-buy” rating in a report on Saturday, June 2nd. BidaskClub raised shares of Trupanion from a “buy” rating to a “strong-buy” rating in a report on Friday, June 1st. Zacks Investment Research downgraded shares of Trupanion from a “hold” rating to a “sell” rating in a report on Friday, May 4th. Finally, Canaccord Genuity reissued a “buy” rating and issued a $40.00 price target on shares of Trupanion in a report on Wednesday, May 2nd. One research analyst has rated the stock with a sell rating, one has issued a hold rating, six have given a buy rating and two have issued a strong buy rating to the company’s stock. Trupanion presently has a consensus rating of “Buy” and an average price target of $36.29.
In other Trupanion news, insider Darryl Rawlings sold 4,000 shares of the business’s stock in a transaction dated Friday, April 27th. The stock was sold at an average price of $26.05, for a total transaction of $104,200.00. Following the sale, the insider now owns 1,363,976 shares in the company, valued at approximately $35,531,574.80. The transaction was disclosed in a filing with the SEC, 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 sale, the chief marketing officer now owns 1,502 shares in the company, valued at approximately $40,614.08. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 25,000 shares of company stock worth $747,490. Corporate insiders own 20.70% of the company’s stock.
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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