California Public Employees Retirement System increased its holdings in shares of Trupanion Inc (NYSE:TRUP) by 3.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 42,200 shares of the financial services provider’s stock after acquiring an additional 1,500 shares during the period. California Public Employees Retirement System owned approximately 0.14% of Trupanion worth $944,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the stock. Baillie Gifford & Co. grew its holdings in Trupanion by 12.3% during the second quarter. Baillie Gifford & Co. now owns 982,373 shares of the financial services provider’s stock worth $21,985,000 after acquiring an additional 107,373 shares during the period. Vanguard Group Inc. grew its holdings in Trupanion by 16.6% during the second quarter. Vanguard Group Inc. now owns 758,594 shares of the financial services provider’s stock worth $16,977,000 after acquiring an additional 108,135 shares during the period. Morgan Stanley grew its holdings in Trupanion by 56.2% during the first quarter. Morgan Stanley now owns 305,364 shares of the financial services provider’s stock worth $4,343,000 after acquiring an additional 109,904 shares during the period. Renaissance Technologies LLC grew its holdings in Trupanion by 30.0% during the first quarter. Renaissance Technologies LLC now owns 278,700 shares of the financial services provider’s stock worth $3,963,000 after acquiring an additional 64,300 shares during the period. Finally, Northern Trust Corp grew its holdings in Trupanion by 55.2% during the second quarter. Northern Trust Corp now owns 255,398 shares of the financial services provider’s stock worth $5,715,000 after acquiring an additional 90,790 shares during the period.

In other news, CFO Tricia Plouf sold 1,000 shares of the company’s stock in a transaction on Tuesday, November 7th. The stock was sold at an average price of $32.11, for a total value of $32,110.00. Following the sale, the chief financial officer now directly owns 14,000 shares in the company, valued at $449,540. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Howard E. Rubin sold 100,000 shares of the company’s stock in a transaction on Monday, October 2nd. The shares were sold at an average price of $25.90, for a total value of $2,590,000.00. The disclosure for this sale can be found here. Insiders sold 114,000 shares of company stock worth $2,913,615 in the last three months.

A number of research analysts recently weighed in on the company. Canaccord Genuity upped their price objective on Trupanion from $28.00 to $29.00 and gave the stock a “buy” rating in a report on Wednesday, August 2nd. BidaskClub lowered Trupanion from a “buy” rating to a “hold” rating in a report on Friday. Zacks Investment Research raised Trupanion from a “hold” rating to a “buy” rating and set a $37.00 price objective on the stock in a report on Wednesday, November 8th. Stifel Nicolaus reaffirmed a “buy” rating and set a $24.00 price objective (up previously from $18.00) on shares of Trupanion in a report on Wednesday, August 2nd. Finally, Royal Bank Of Canada upped their target price on Trupanion from $19.00 to $26.00 and gave the company an “outperform” rating in a report on Wednesday, August 2nd. Two analysts have rated the stock with a hold rating and six have given a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $28.83.

Shares of Trupanion Inc (NYSE TRUP) opened at $31.27 on Tuesday. Trupanion Inc has a twelve month low of $13.71 and a twelve month high of $33.00.

Trupanion (NYSE:TRUP) last posted its earnings results on Thursday, November 2nd. The financial services provider reported $0.01 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.03) by $0.04. The company had revenue of $63.12 million for the quarter, compared to analyst estimates of $61.44 million. Trupanion had a return on equity of 3.57% and a net margin of 0.71%. Trupanion’s revenue was up 30.5% compared to the same quarter last year. During the same quarter in the prior year, the company earned ($0.06) earnings per share.

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Trupanion Profile

Trupanion, Inc provides medical insurance plans for cats and dogs throughout the United States, Canada and Puerto Rico. The Company operates in two business segments: subscription business and other business. The subscription business segment includes monthly subscriptions for its medical plan, which are marketed to consumers.

Institutional Ownership by Quarter for Trupanion (NYSE:TRUP)

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