Trupanion (NASDAQ:TRUP) released its earnings results on Thursday. The financial services provider reported $0.02 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.01 by $0.01, Fidelity Earnings reports. The firm had revenue of $105.48 million during the quarter, compared to the consensus estimate of $104.92 million. Trupanion had a negative net margin of 0.75% and a negative return on equity of 2.08%.
Shares of Trupanion stock traded down $6.87 on Friday, hitting $29.40. 2,005,249 shares of the company traded hands, compared to its average volume of 329,537. The firm’s 50-day simple moving average is $33.90 and its 200 day simple moving average is $29.72. The company has a current ratio of 1.77, a quick ratio of 1.77 and a debt-to-equity ratio of 0.17. The company has a market cap of $1.19 billion, a P/E ratio of -326.67 and a beta of 1.76. Trupanion has a 12-month low of $20.84 and a 12-month high of $38.06.
In other news, CEO Darryl Rawlings sold 4,000 shares of the firm’s stock in a transaction on Tuesday, December 3rd. The shares were sold at an average price of $32.59, for a total transaction of $130,360.00. Also, insider Asher Bearman sold 1,600 shares of the firm’s stock in a transaction on Tuesday, November 26th. The shares were sold at an average price of $35.00, for a total transaction of $56,000.00. Following the sale, the insider now owns 2,360 shares in the company, valued at approximately $82,600. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 29,300 shares of company stock worth $1,007,207. Corporate insiders own 13.61% 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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