Trupanion (NASDAQ:TRUP) released its quarterly earnings data on Tuesday. The financial services provider reported ($0.05) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.02) by ($0.03), Yahoo Finance reports. Trupanion had a negative net margin of 1.05% and a negative return on equity of 7.41%. The business had revenue of $66.55 million for the quarter, compared to the consensus estimate of $65.60 million.

Shares of Trupanion (NASDAQ TRUP) traded up $0.12 during trading on Wednesday, reaching $31.27. The company had a trading volume of 413,900 shares, compared to its average volume of 307,651. Trupanion has a 1-year low of $13.88 and a 1-year high of $36.88. The firm has a market cap of $935.74, a price-to-earnings ratio of -347.41 and a beta of 0.34. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.87 and a current ratio of 1.87.

TRUP has been the topic of several recent analyst reports. BidaskClub upgraded Trupanion from a “hold” rating to a “buy” rating in a report on Monday, December 18th. CL King started coverage on Trupanion in a research report on Tuesday, November 21st. They issued a “neutral” rating on the stock. Canaccord Genuity reissued a “buy” rating and issued a $35.00 target price (up previously from $29.00) on shares of Trupanion in a research report on Tuesday, October 31st. Zacks Investment Research raised Trupanion from a “hold” rating to a “buy” rating and set a $37.00 target price on the stock in a research report on Wednesday, November 8th. Finally, Stifel Nicolaus lifted their target price on Trupanion from $33.00 to $34.00 and gave the company a “buy” rating in a research report on Wednesday. One research analyst has rated the stock with a sell rating, two have given a hold rating and seven have assigned a buy rating to the company. Trupanion currently has an average rating of “Buy” and an average target price of $35.57.

In related news, insider Asher Bearman sold 4,039 shares of Trupanion stock in a transaction that occurred on Tuesday, November 21st. The stock was sold at an average price of $28.40, for a total value of $114,707.60. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, insider Darryl Rawlings sold 3,500 shares of Trupanion stock in a transaction that occurred on Thursday, February 1st. The shares were sold at an average price of $34.36, for a total value of $120,260.00. Following the completion of the sale, the insider now directly owns 1,382,976 shares in the company, valued at approximately $47,519,055.36. The disclosure for this sale can be found here. In the last three months, insiders sold 25,039 shares of company stock worth $775,403. 31.24% of the stock is owned by insiders.

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About Trupanion

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.

Earnings History for Trupanion (NASDAQ:TRUP)

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