Trupanion Inc (TRUP) Director Howard E. Rubin Sells 21,249 Shares
Trupanion Inc (NYSE:TRUP) Director Howard E. Rubin sold 21,249 shares of the stock in a transaction that occurred on Wednesday, November 23rd. The stock was sold at an average price of $17.01, for a total transaction of $361,445.49. Following the completion of the transaction, the director now owns 41,294 shares in the company, valued at $702,410.94. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.
Trupanion Inc (NYSE:TRUP) traded down 1.41% during trading on Wednesday, reaching $16.75. 91,550 shares of the company traded hands. Trupanion Inc has a 52 week low of $7.61 and a 52 week high of $17.68. The company’s market capitalization is $489.99 million. The firm has a 50-day moving average price of $16.12 and a 200-day moving average price of $15.19.
Trupanion (NYSE:TRUP) last announced its quarterly earnings data on Tuesday, November 1st. The company reported ($0.06) earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of ($0.06). The firm earned $48.40 million during the quarter, compared to analysts’ expectations of $48.17 million. During the same period in the prior year, the company posted ($0.17) EPS. The company’s revenue for the quarter was up 27.7% compared to the same quarter last year. Analysts forecast that Trupanion Inc will post ($0.23) earnings per share for the current fiscal year.
Several large investors have recently made changes to their positions in TRUP. AQR Capital Management LLC purchased a new stake in shares of Trupanion during the second quarter worth about $146,000. BlackRock Advisors LLC boosted its position in Trupanion by 88.0% in the third quarter. BlackRock Advisors LLC now owns 8,616 shares of the company’s stock worth $146,000 after buying an additional 4,032 shares during the last quarter. Metropolitan Life Insurance Co. NY bought a new position in Trupanion during the second quarter worth approximately $160,000. A.R.T. Advisors LLC bought a new position in Trupanion during the second quarter worth approximately $166,000. Finally, Alliancebernstein L.P. bought a new position in Trupanion during the second quarter worth approximately $168,000.
Several research analysts have weighed in on the stock. Zacks Investment Research downgraded shares of Trupanion from a “buy” rating to a “hold” rating in a research report on Wednesday, July 27th. Stifel Nicolaus increased their price target on shares of Trupanion from $17.00 to $20.00 and gave the stock a “buy” rating in a research report on Wednesday, August 3rd. RBC Capital Markets set a $18.00 price target on shares of Trupanion and gave the stock a “buy” rating in a research report on Tuesday, September 20th. Finally, Canaccord Genuity reiterated a “buy” rating and issued a $19.00 price target on shares of Trupanion in a research report on Thursday, August 4th. One analyst has rated the stock with a hold rating and seven have assigned a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus price target of $16.00.
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Trupanion Company Profile
Trupanion, Inc provides a medical insurance plan for cats and dogs across the United States, Canada and Puerto Rico. The Company operates through two segments: subscription business and other business. The subscription business segment includes monthly subscriptions related to the Company’s medical plan, which are marketed directly to consumers.
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