Brenna Mcgibney Sells 5,000 Shares of Trupanion, Inc. (NASDAQ:TRUP) Stock

Trupanion, Inc. (NASDAQ:TRUP) insider Brenna Mcgibney sold 5,000 shares of the firm’s stock in a transaction dated Friday, March 7th. The shares were sold at an average price of $32.99, for a total value of $164,950.00. Following the sale, the insider now owns 3,738 shares of the company’s stock, valued at $123,316.62. This represents a 57.22 % 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.

Trupanion Price Performance

Shares of NASDAQ TRUP opened at $34.09 on Thursday. The company has a current ratio of 1.71, a quick ratio of 1.66 and a debt-to-equity ratio of 0.39. The company has a market capitalization of $1.45 billion, a price-to-earnings ratio of -148.22, a price-to-earnings-growth ratio of 6.02 and a beta of 1.70. Trupanion, Inc. has a twelve month low of $19.69 and a twelve month high of $57.90. The business has a 50 day simple moving average of $43.21 and a 200-day simple moving average of $47.24.

Trupanion (NASDAQ:TRUP) last released its earnings results on Wednesday, February 19th. The financial services provider reported $0.04 earnings per share for the quarter, missing the consensus estimate of $0.06 by ($0.02). Trupanion had a negative net margin of 0.75% and a negative return on equity of 3.08%. The business had revenue of $337.31 million for the quarter, compared to the consensus estimate of $335.41 million. As a group, equities research analysts expect that Trupanion, Inc. will post 0.13 earnings per share for the current year.

Institutional Investors Weigh In On Trupanion

Institutional investors and hedge funds have recently bought and sold shares of the business. Sigma Planning Corp bought a new position in shares of Trupanion during the third quarter valued at approximately $336,000. Entropy Technologies LP acquired a new position in Trupanion during the 3rd quarter valued at approximately $202,000. GSA Capital Partners LLP grew its stake in Trupanion by 51.3% during the 3rd quarter. GSA Capital Partners LLP now owns 10,487 shares of the financial services provider’s stock worth $440,000 after buying an additional 3,554 shares during the last quarter. Victory Capital Management Inc. acquired a new stake in Trupanion in the third quarter worth $261,000. Finally, Check Capital Management Inc. CA lifted its stake in Trupanion by 2.7% in the third quarter. Check Capital Management Inc. CA now owns 41,460 shares of the financial services provider’s stock valued at $1,740,000 after buying an additional 1,100 shares during the last quarter.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on TRUP. Piper Sandler lowered their price objective on Trupanion from $57.00 to $52.00 and set an “overweight” rating for the company in a research note on Thursday, February 20th. Stifel Nicolaus decreased their price target on shares of Trupanion from $44.00 to $41.00 and set a “hold” rating for the company in a research report on Thursday, February 20th. Two research analysts have rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $46.60.

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.