Trupanion Inc (TRUP) Insider Margaret Tooth Sells 698 Shares
Trupanion Inc (NYSE:TRUP) insider Margaret Tooth sold 698 shares of the business’s stock in a transaction that occurred on Tuesday, November 29th. The shares were sold at an average price of $16.76, for a total value of $11,698.48. Following the completion of the transaction, the insider now owns 410 shares of the company’s stock, valued at $6,871.60. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.
Shares of Trupanion Inc (NYSE:TRUP) opened at 16.89 on Wednesday. Trupanion Inc has a 1-year low of $7.61 and a 1-year high of $17.68. The company has a 50-day moving average price of $16.17 and a 200 day moving average price of $15.21. The firm’s market capitalization is $494.08 million.
Trupanion (NYSE:TRUP) last issued its quarterly earnings results on Tuesday, November 1st. The company reported ($0.06) EPS for the quarter, hitting the Zacks’ consensus estimate of ($0.06). The business had revenue of $48.40 million for the quarter, compared to the consensus estimate of $48.17 million. The business’s revenue was up 27.7% compared to the same quarter last year. During the same quarter last year, the business posted ($0.17) earnings per share. On average, equities research analysts predict that Trupanion Inc will post ($0.23) EPS for the current year.
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Several hedge funds have recently modified their holdings of the stock. Symmetry Peak Management LLC bought a new stake in Trupanion during the third quarter worth about $338,000. Capital World Investors raised its stake in Trupanion by 1.5% in the third quarter. Capital World Investors now owns 2,290,500 shares of the company’s stock worth $38,709,000 after buying an additional 33,000 shares during the last quarter. The Manufacturers Life Insurance Company bought a new stake in Trupanion during the third quarter worth about $194,000. Two Sigma Advisers LP raised its stake in Trupanion by 35.7% in the third quarter. Two Sigma Advisers LP now owns 73,400 shares of the company’s stock worth $1,240,000 after buying an additional 19,300 shares during the last quarter. Finally, United Services Automobile Association bought a new stake in Trupanion during the third quarter worth about $1,452,000.
TRUP has been the subject of a number of recent research reports. RBC Capital Markets set a $18.00 price target on Trupanion and gave the stock a “buy” rating in a research report on Tuesday, September 20th. Zacks Investment Research upgraded Trupanion from a “hold” rating to a “buy” rating and set a $19.00 price target on the stock in a research note on Tuesday, November 22nd. Canaccord Genuity reaffirmed a “buy” rating and issued a $19.00 price objective on shares of Trupanion in a report on Thursday, August 4th. Finally, Stifel Nicolaus upped their price objective on Trupanion from $17.00 to $20.00 and gave the company a “buy” rating in a report on Wednesday, August 3rd. One investment analyst has rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. Trupanion has a consensus rating of “Buy” and an average target price of $16.00.
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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