Quantbot Technologies LP Buys Shares of 31,103 Trupanion, Inc. (NASDAQ:TRUP)

Quantbot Technologies LP purchased a new position in shares of Trupanion, Inc. (NASDAQ:TRUP) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 31,103 shares of the financial services provider’s stock, valued at approximately $1,499,000. Quantbot Technologies LP owned approximately 0.07% of Trupanion as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Jones Financial Companies Lllp boosted its position in Trupanion by 71.7% in the 4th quarter. Jones Financial Companies Lllp now owns 570 shares of the financial services provider’s stock valued at $27,000 after buying an additional 238 shares during the period. GAMMA Investing LLC increased its holdings in Trupanion by 18.5% during the 4th quarter. GAMMA Investing LLC now owns 1,709 shares of the financial services provider’s stock worth $82,000 after purchasing an additional 267 shares during the period. SBI Securities Co. Ltd. purchased a new position in shares of Trupanion in the 4th quarter valued at about $25,000. Zurcher Kantonalbank Zurich Cantonalbank grew its position in shares of Trupanion by 7.3% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 9,861 shares of the financial services provider’s stock worth $414,000 after buying an additional 671 shares in the last quarter. Finally, Swiss National Bank raised its holdings in Trupanion by 1.1% in the fourth quarter. Swiss National Bank now owns 66,310 shares of the financial services provider’s stock valued at $3,196,000 after acquiring an additional 700 shares in the last quarter.

Trupanion Price Performance

Shares of NASDAQ:TRUP opened at $38.61 on Tuesday. Trupanion, Inc. has a 12 month low of $19.69 and a 12 month high of $57.90. The firm has a market capitalization of $1.64 billion, a P/E ratio of -167.87, a P/E/G ratio of 6.02 and a beta of 1.70. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.71 and a quick ratio of 1.66. The company’s fifty day moving average price is $41.54 and its 200 day moving average price is $46.71.

Trupanion (NASDAQ:TRUP) last posted 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). The firm had revenue of $337.31 million during the quarter, compared to analysts’ expectations of $335.41 million. Trupanion had a negative net margin of 0.75% and a negative return on equity of 3.08%. As a group, sell-side analysts predict that Trupanion, Inc. will post 0.13 earnings per share for the current fiscal year.

Analyst Ratings Changes

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

Insider Buying and Selling at Trupanion

In related news, CFO Fawwad Qureshi sold 1,373 shares of the company’s stock in a transaction on Wednesday, February 26th. The shares were sold at an average price of $34.22, for a total value of $46,984.06. Following the completion of the sale, the chief financial officer now owns 2,416 shares in the company, valued at $82,675.52. This represents a 36.24 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Emily Dreyer sold 14,025 shares of the firm’s stock in a transaction on Friday, March 7th. The stock was sold at an average price of $32.41, for a total transaction of $454,550.25. Following the transaction, the senior vice president now directly owns 27,645 shares in the company, valued at $895,974.45. The trade was a 33.66 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 29,984 shares of company stock worth $999,042. 5.50% of the stock is owned by insiders.

Trupanion Profile

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.