WINTON GROUP Ltd Has $1.11 Million Holdings in Trupanion, Inc. (NASDAQ:TRUP)

WINTON GROUP Ltd increased its holdings in shares of Trupanion, Inc. (NASDAQ:TRUP) by 1.9% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 37,673 shares of the financial services provider’s stock after acquiring an additional 685 shares during the quarter. WINTON GROUP Ltd owned about 0.09% of Trupanion worth $1,108,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of TRUP. Quest Partners LLC bought a new position in shares of Trupanion during the fourth quarter worth approximately $67,000. Headlands Technologies LLC acquired a new stake in Trupanion during the second quarter worth approximately $162,000. Victory Capital Management Inc. bought a new position in Trupanion during the 4th quarter worth $211,000. Blueshift Asset Management LLC acquired a new position in Trupanion in the 4th quarter valued at $220,000. Finally, Oppenheimer Asset Management Inc. bought a new stake in shares of Trupanion during the 2nd quarter valued at $235,000.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on TRUP shares. Stifel Nicolaus restated a “hold” rating and issued a $30.00 price target (up previously from $22.00) on shares of Trupanion in a research report on Friday, August 9th. William Blair began coverage on shares of Trupanion in a research report on Friday, July 19th. They issued an “outperform” rating for the company. Evercore ISI raised shares of Trupanion to a “strong-buy” rating in a report on Friday, August 9th. Northland Securities lifted their price objective on shares of Trupanion from $30.00 to $35.00 and gave the company a “market perform” rating in a research note on Friday, August 9th. Finally, Piper Sandler boosted their price objective on shares of Trupanion from $30.00 to $38.00 and gave the company a “neutral” rating in a research report on Friday, August 9th. Four investment analysts have rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, Trupanion presently has an average rating of “Moderate Buy” and a consensus price target of $36.17.

Trupanion Trading Up 5.6 %

Shares of Trupanion stock opened at $47.08 on Monday. The firm has a market capitalization of $1.98 billion, a PE ratio of -73.56 and a beta of 1.74. The company has a current ratio of 1.63, a quick ratio of 1.63 and a debt-to-equity ratio of 0.42. The firm’s 50 day moving average is $39.02 and its 200 day moving average is $31.15. Trupanion, Inc. has a 1 year low of $19.14 and a 1 year high of $48.85.

Trupanion (NASDAQ:TRUP) last posted its earnings results on Thursday, August 8th. The financial services provider reported ($0.14) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.18) by $0.04. Trupanion had a negative net margin of 1.57% and a negative return on equity of 6.29%. The firm had revenue of $314.80 million for the quarter, compared to analysts’ expectations of $309.33 million. During the same quarter in the previous year, the firm posted ($0.33) earnings per share. The company’s revenue was up 16.3% on a year-over-year basis. Equities research analysts forecast that Trupanion, Inc. will post -0.37 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, CFO Fawwad Qureshi sold 640 shares of Trupanion stock in a transaction dated Friday, August 16th. The stock was sold at an average price of $43.12, for a total transaction of $27,596.80. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. In related news, CEO Margaret Tooth sold 7,500 shares of the business’s stock in a transaction on Wednesday, August 28th. The shares were sold at an average price of $46.48, for a total value of $348,600.00. Following the sale, the chief executive officer now owns 99,984 shares of the company’s stock, valued at $4,647,256.32. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CFO Fawwad Qureshi sold 640 shares of the firm’s stock in a transaction on Friday, August 16th. The stock was sold at an average price of $43.12, for a total value of $27,596.80. The disclosure for this sale can be found here. Insiders sold a total of 8,764 shares of company stock valued at $405,238 in the last 90 days. Corporate insiders own 5.50% of the company’s stock.

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.