Trupanion Inc (NASDAQ:TRUP) Director Robin A. Ferracone bought 19,000 shares of the stock in a transaction dated Tuesday, November 13th. The stock was bought at an average price of $25.60 per share, for a total transaction of $486,400.00. Following the purchase, the director now directly owns 1,502 shares of the company’s stock, valued at $38,451.20. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Shares of TRUP stock traded up $0.59 during trading hours on Thursday, reaching $24.29. The company had a trading volume of 667,900 shares, compared to its average volume of 391,821. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.80 and a quick ratio of 3.04. The firm has a market capitalization of $831.02 million, a PE ratio of -347.00 and a beta of 1.08. Trupanion Inc has a 12-month low of $22.55 and a 12-month high of $46.70.

Trupanion (NASDAQ:TRUP) last posted its quarterly earnings results on Thursday, November 8th. The financial services provider reported $0.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.01) by $0.04. The business had revenue of $78.16 million during the quarter, compared to analyst estimates of $77.70 million. Trupanion had a negative return on equity of 2.45% and a negative net margin of 0.52%. The business’s revenue was up 23.8% compared to the same quarter last year. During the same period in the prior year, the business earned $0.01 earnings per share. On average, equities research analysts expect that Trupanion Inc will post -0.06 EPS for the current year.

TRUP has been the subject of a number of analyst reports. CL King raised Trupanion from a “neutral” rating to a “buy” rating in a report on Tuesday, October 2nd. BidaskClub cut Trupanion from a “hold” rating to a “sell” rating in a report on Wednesday, August 29th. Zacks Investment Research cut Trupanion from a “buy” rating to a “hold” rating in a report on Saturday, August 18th. Raymond James initiated coverage on Trupanion in a report on Thursday, September 6th. They issued an “outperform” rating and a $46.00 price target for the company. Finally, Royal Bank of Canada upped their price target on Trupanion to $44.00 and gave the stock an “outperform” rating in a report on Friday, August 3rd. Two research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of $44.89.

A number of institutional investors have recently modified their holdings of the stock. Macquarie Group Ltd. grew its position in Trupanion by 18.4% in the third quarter. Macquarie Group Ltd. now owns 43,101 shares of the financial services provider’s stock worth $1,540,000 after acquiring an additional 6,702 shares during the period. Atlantic Trust LLC grew its position in Trupanion by 53.5% in the third quarter. Atlantic Trust LLC now owns 9,995 shares of the financial services provider’s stock worth $357,000 after acquiring an additional 3,485 shares during the period. MetLife Investment Advisors LLC grew its position in Trupanion by 54.8% in the third quarter. MetLife Investment Advisors LLC now owns 17,148 shares of the financial services provider’s stock worth $613,000 after acquiring an additional 6,074 shares during the period. The Manufacturers Life Insurance Company grew its position in Trupanion by 19.8% in the third quarter. The Manufacturers Life Insurance Company now owns 154,468 shares of the financial services provider’s stock worth $5,519,000 after acquiring an additional 25,579 shares during the period. Finally, Jane Street Group LLC purchased a new position in Trupanion in the third quarter worth approximately $231,000. Institutional investors own 94.78% of the company’s stock.

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Trupanion Company Profile

Trupanion, Inc, together with its subsidiaries, provides medical insurance for cats and dogs on monthly subscription basis in the United States, Canada, and Puerto Rico. The company operates through Subscription Business and Other Business segments. It serves pet owners and veterinarians through third-party referrals and online member acquisition channels.

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