Bayforest Capital Ltd Sells 10,429 Shares of Trupanion, Inc. $TRUP

Bayforest Capital Ltd lessened its position in Trupanion, Inc. (NASDAQ:TRUP) by 36.6% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 18,028 shares of the financial services provider’s stock after selling 10,429 shares during the quarter. Bayforest Capital Ltd’s holdings in Trupanion were worth $998,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in TRUP. AlphaQuest LLC boosted its position in Trupanion by 940.6% during the first quarter. AlphaQuest LLC now owns 1,051 shares of the financial services provider’s stock valued at $39,000 after buying an additional 950 shares during the period. PNC Financial Services Group Inc. boosted its position in Trupanion by 11.8% during the first quarter. PNC Financial Services Group Inc. now owns 2,234 shares of the financial services provider’s stock valued at $83,000 after buying an additional 235 shares during the period. GAMMA Investing LLC boosted its position in Trupanion by 30.1% during the second quarter. GAMMA Investing LLC now owns 2,133 shares of the financial services provider’s stock valued at $118,000 after buying an additional 494 shares during the period. Lake Hills Wealth Management LLC purchased a new stake in Trupanion during the second quarter valued at about $204,000. Finally, Y Intercept Hong Kong Ltd purchased a new stake in Trupanion during the first quarter valued at about $243,000.

Analyst Ratings Changes

Several research firms have issued reports on TRUP. Weiss Ratings restated a “hold (c-)” rating on shares of Trupanion in a research report on Wednesday, October 8th. Stifel Nicolaus increased their target price on shares of Trupanion from $41.00 to $45.00 and gave the stock a “hold” rating in a report on Friday, August 8th. Piper Sandler increased their target price on shares of Trupanion from $62.00 to $67.00 and gave the stock an “overweight” rating in a report on Friday, August 8th. Finally, Cantor Fitzgerald raised shares of Trupanion to a “hold” rating in a research note on Wednesday, August 13th. Two analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Trupanion presently has an average rating of “Hold” and a consensus target price of $53.80.

Trupanion Price Performance

TRUP stock opened at $41.26 on Tuesday. Trupanion, Inc. has a 1 year low of $31.00 and a 1 year high of $57.90. The firm has a 50-day moving average of $45.29 and a 200 day moving average of $45.52. The company has a market cap of $1.77 billion, a P/E ratio of 158.70 and a beta of 1.83. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.69 and a quick ratio of 1.69.

Trupanion (NASDAQ:TRUP) last released its earnings results on Thursday, August 7th. The financial services provider reported $0.22 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.03) by $0.25. Trupanion had a net margin of 0.81% and a return on equity of 3.31%. The firm had revenue of $353.56 million during the quarter, compared to analyst estimates of $346.73 million. During the same period last year, the business earned ($0.14) earnings per share. The business’s revenue was up 12.3% on a year-over-year basis. Trupanion has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, sell-side analysts forecast that Trupanion, Inc. will post 0.13 EPS for the current year.

Insider Activity

In other news, CFO Fawwad Qureshi sold 2,800 shares of Trupanion stock in a transaction that occurred on Tuesday, August 26th. The shares were sold at an average price of $45.56, for a total transaction of $127,568.00. Following the completion of the transaction, the chief financial officer directly owned 6,451 shares in the company, valued at approximately $293,907.56. This trade represents a 30.27% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Darryl Rawlings sold 30,369 shares of Trupanion stock in a transaction that occurred on Thursday, September 4th. The shares were sold at an average price of $44.70, for a total transaction of $1,357,494.30. Following the transaction, the director owned 1,413,281 shares of the company’s stock, valued at $63,173,660.70. The trade was a 2.10% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 61,761 shares of company stock worth $2,739,621. Insiders own 5.42% of the company’s stock.

Trupanion Profile

Trupanion, Inc, together with its subsidiaries, provides medical insurance for cats and dogs on a monthly subscription basis in the United States, Canada, Continental Europe, and Australia. The company operates in two segments, Subscription Business and Other Business. It serves pet owners and veterinarians.