Trupanion, Inc. (NASDAQ:TRUP) SVP Emily Dreyer Sells 3,100 Shares

Trupanion, Inc. (NASDAQ:TRUP) SVP Emily Dreyer sold 3,100 shares of the firm’s stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $54.85, for a total transaction of $170,035.00. Following the transaction, the senior vice president now directly owns 24,708 shares of the company’s stock, valued at approximately $1,355,233.80. This trade represents a 11.15 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Emily Dreyer also recently made the following trade(s):

• On Monday, November 25th, Emily Dreyer sold 900 shares of Trupanion stock. The shares were sold at an average price of $54.55, for a total transaction of $49,095.00.

Trupanion Trading Up 1.7 %

Trupanion stock traded up $0.89 during trading hours on Tuesday, reaching $54.35. 321,583 shares of the company’s stock traded hands, compared to its average volume of 678,444. The firm’s 50 day moving average is $49.19 and its 200-day moving average is $39.67. Trupanion, Inc. has a fifty-two week low of $19.69 and a fifty-two week high of $57.90. The firm has a market capitalization of $2.30 billion, a price-to-earnings ratio of -169.34 and a beta of 1.69. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.66 and a current ratio of 1.66.

Trupanion (NASDAQ:TRUP) last posted its earnings results on Wednesday, October 30th. The financial services provider reported $0.03 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.06) by $0.09. The business had revenue of $327.50 million during the quarter, compared to analysts’ expectations of $321.79 million. Trupanion had a negative return on equity of 4.36% and a negative net margin of 1.08%. Trupanion’s revenue for the quarter was up 14.6% compared to the same quarter last year. During the same period in the prior year, the business earned ($0.10) EPS. On average, analysts predict that Trupanion, Inc. will post -0.23 earnings per share for the current year.

Wall Street Analysts Forecast Growth

TRUP has been the subject of several analyst reports. Bank of America upped their target price on shares of Trupanion from $47.00 to $56.00 and gave the company a “buy” rating in a research note on Friday, September 20th. Northland Securities raised their target price on Trupanion from $45.00 to $50.00 and gave the company a “market perform” rating in a research report on Thursday, October 31st. Stifel Nicolaus raised their target price on shares of Trupanion from $30.00 to $40.00 and gave the stock a “hold” rating in a report on Monday, September 23rd. Piper Sandler lifted their price target on Trupanion from $45.00 to $57.00 and gave the company a “neutral” rating in a report on Thursday, October 31st. Finally, Evercore ISI upgraded shares of Trupanion to a “strong-buy” rating in a research note on Friday, August 9th. Three research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $44.67.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. FMR LLC grew its position in Trupanion by 55,963.7% during the third quarter. FMR LLC now owns 1,172,293 shares of the financial services provider’s stock worth $49,213,000 after buying an additional 1,170,202 shares in the last quarter. Renaissance Technologies LLC acquired a new stake in shares of Trupanion during the second quarter valued at about $4,739,000. Wellington Management Group LLP grew its stake in shares of Trupanion by 4.4% in the third quarter. Wellington Management Group LLP now owns 3,393,879 shares of the financial services provider’s stock worth $142,475,000 after purchasing an additional 142,156 shares during the last quarter. Hosking Partners LLP bought a new position in Trupanion during the 2nd quarter worth approximately $3,523,000. Finally, Marshall Wace LLP lifted its stake in shares of Trupanion by 11.9% in the 2nd quarter. Marshall Wace LLP now owns 1,094,589 shares of the financial services provider’s stock valued at $32,181,000 after purchasing an additional 116,496 shares during the period.

About Trupanion

Trupanion, Inc, together with its subsidiaries, provides medical insurance for cats and dogs on a monthly subscription basis in the United States, Canada, Continental Europe, and Australia. The company operates in two segments, Subscription Business and Other Business. It serves pet owners and veterinarians.