Trupanion (NASDAQ:TRUP) Stock: Insider Margaret Tooth Sells 2,000 Shares

Trupanion, Inc. (NASDAQ:TRUP) CEO Margaret Tooth sold 2,000 shares of the stock in a transaction dated Monday, November 9th. The shares were sold at an average price of $36.46, for a total transaction of $72,920.00. Following the completion of the transaction, the chief executive officer directly owned 182,952 shares in the company, valued at $6,670,429.92. The trade was a 1.08% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Margaret Tooth also recently made the following trade(s):

• On Friday, October 9th, Margaret Tooth sold 1,000 shares of Trupanion stock. The stock was sold at an average price of $25.84, for a total transaction of $25,840.00.
• On Friday, September 11th, Margaret Tooth sold 1,000 shares of Trupanion stock. The stock was sold at an average price of $25.00, for a total value of $25,000.00.
• On Tuesday, August 25th, Margaret Tooth sold 491 shares of Trupanion stock. The shares were sold at an average price of $31.84, for a total transaction of $15,633.44.

Trupanion Stock Performance

NASDAQ:TRUP traded up $0.18 during mid-day trading on Friday, reaching $34.48. 239,749 shares of the company’s stock were exchanged, compared to its average volume of 457,454. Trupanion, Inc. has a one year low of $21.16 and a one year high of $38.98. The firm has a market capitalization of $1.49 billion, a PE ratio of 56.52, a price-to-earnings-growth ratio of 1.58 and a beta of 1.27. The business’s fifty day simple moving average is $27.72 and its two-hundred day simple moving average is $26.75. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.74 and a current ratio of 1.74.

Trupanion (NASDAQ:TRUP) last announced its earnings results on Thursday, November 5th. The financial services provider reported $0.21 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.17 by $0.04. Trupanion had a net margin of 1.71% and a return on equity of 6.71%. The firm had revenue of $405.59 million for the quarter, compared to analyst estimates of $402.53 million. During the same quarter in the prior year, the business posted $0.13 EPS. Analysts anticipate that Trupanion, Inc. will post 0.68 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages have weighed in on TRUP. Weiss Ratings raised Trupanion from a “hold (c-)” rating to a “hold (c)” rating in a report on Tuesday, September 29th. Stifel Nicolaus boosted their price target on Trupanion from $29.00 to $34.00 and gave the company a “hold” rating in a research note on Monday, November 9th. Cantor Fitzgerald upped their price objective on shares of Trupanion from $30.00 to $33.00 and gave the stock a “neutral” rating in a research report on Monday, November 9th. Piper Sandler cut shares of Trupanion from an “overweight” rating to a “neutral” rating and cut their price objective for the stock from $45.00 to $32.00 in a research report on Wednesday, August 26th. Finally, Wall Street Zen upgraded shares of Trupanion from a “hold” rating to a “buy” rating in a research note on Saturday, November 7th. One analyst has rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat, Trupanion currently has a consensus rating of “Hold” and an average price target of $40.00.

Hedge Funds Weigh In On Trupanion

Institutional investors have recently modified their holdings of the business. BlackRock Inc. bought a new stake in shares of Trupanion during the 2nd quarter valued at approximately $134,774,000. Dimensional Fund Advisors LP grew its position in Trupanion by 15.7% during the 1st quarter. Dimensional Fund Advisors LP now owns 702,086 shares of the financial services provider’s stock worth $17,981,000 after acquiring an additional 95,064 shares during the last quarter. Bank of America Corp DE acquired a new position in Trupanion in the 2nd quarter worth about $14,262,000. Kopion Asset Management LLC raised its position in Trupanion by 30.9% in the second quarter. Kopion Asset Management LLC now owns 522,999 shares of the financial services provider’s stock valued at $12,955,000 after purchasing an additional 123,308 shares during the last quarter. Finally, Renaissancere Holdings Ltd. acquired a new stake in shares of Trupanion during the second quarter valued at about $6,514,510.

Trupanion Company Profile

Trupanion provides medical insurance for cats and dogs, offering coverage for eligible veterinary care. Its products are designed to help pet owners manage unexpected costs from illnesses and injuries, subject to policy terms and exclusions. The company also provides software and payment services that enable participating veterinary practices to submit claims and receive payments directly, reducing the need for customers to pay covered costs upfront and seek reimbursement. Founded in 2000 and headquartered in Seattle, Trupanion serves customers in the United States and Canada.