Trupanion (NASDAQ:TRUP) CFO Fawwad Qureshi Sells 6,202 Shares

Trupanion, Inc. (NASDAQ:TRUP) CFO Fawwad Qureshi sold 6,202 shares of Trupanion stock in a transaction on Wednesday, November 26th. The stock was sold at an average price of $35.45, for a total transaction of $219,860.90. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Trupanion Trading Down 0.8%

NASDAQ TRUP opened at $35.08 on Thursday. The stock has a market cap of $1.52 billion, a P/E ratio of 134.93 and a beta of 1.82. Trupanion, Inc. has a fifty-two week low of $31.00 and a fifty-two week high of $57.88. The stock has a 50 day simple moving average of $41.14 and a two-hundred day simple moving average of $46.11. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.69 and a current ratio of 1.69.

Trupanion (NASDAQ:TRUP) last announced its quarterly earnings results on Thursday, November 6th. The financial services provider reported $0.13 EPS for the quarter, missing analysts’ consensus estimates of $0.89 by ($0.76). The business had revenue of $366.92 million during the quarter, compared to analysts’ expectations of $361.58 million. Trupanion had a return on equity of 3.31% and a net margin of 0.81%.The business’s revenue was up 12.0% compared to the same quarter last year. During the same period in the previous year, the business earned $0.03 EPS. Trupanion has set its Q4 2025 guidance at EPS. FY 2025 guidance at EPS. On average, analysts forecast that Trupanion, Inc. will post 0.13 earnings per share for the current year.

Analyst Ratings Changes

TRUP has been the topic of several recent analyst reports. Stifel Nicolaus cut their price objective on shares of Trupanion from $45.00 to $42.00 and set a “hold” rating on the stock in a research report on Tuesday, November 18th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Trupanion in a research report on Tuesday. Wall Street Zen upgraded shares of Trupanion from a “hold” rating to a “buy” rating in a research note on Saturday, November 8th. Cantor Fitzgerald upgraded Trupanion to a “hold” rating in a research report on Wednesday, August 13th. Finally, Piper Sandler raised their target price on shares of Trupanion from $62.00 to $67.00 and gave the company an “overweight” rating in a research note on Friday, August 8th. Two analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $54.00.

Institutional Investors Weigh In On Trupanion

Several large investors have recently added to or reduced their stakes in TRUP. Wellington Management Group LLP increased its position in shares of Trupanion by 13.2% during the 1st quarter. Wellington Management Group LLP now owns 2,491,227 shares of the financial services provider’s stock valued at $92,848,000 after purchasing an additional 290,788 shares during the last quarter. State Street Corp increased its position in Trupanion by 2.6% during the second quarter. State Street Corp now owns 1,285,419 shares of the financial services provider’s stock valued at $71,148,000 after acquiring an additional 32,839 shares during the last quarter. Marshall Wace LLP raised its stake in shares of Trupanion by 15.5% in the third quarter. Marshall Wace LLP now owns 1,212,151 shares of the financial services provider’s stock valued at $52,462,000 after acquiring an additional 163,101 shares during the period. Geode Capital Management LLC raised its stake in shares of Trupanion by 7.0% in the second quarter. Geode Capital Management LLC now owns 860,988 shares of the financial services provider’s stock valued at $47,662,000 after acquiring an additional 56,671 shares during the period. Finally, Millennium Management LLC lifted its holdings in shares of Trupanion by 185.8% in the 3rd quarter. Millennium Management LLC now owns 619,003 shares of the financial services provider’s stock worth $26,790,000 after acquiring an additional 402,421 shares during the last quarter.

About Trupanion

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.