Trupanion (NASDAQ:TRUP) Stock: Insider Murray Low Sells 6,537 Shares

Trupanion, Inc. (NASDAQ:TRUP) Director Murray Low sold 6,537 shares of Trupanion stock in a transaction dated Tuesday, November 10th. The shares were sold at an average price of $34.21, for a total value of $223,630.77. Following the completion of the transaction, the director directly owned 147,997 shares of the company’s stock, valued at approximately $5,062,977.37. This represents a 4.23% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Trupanion Trading Up 0.5%

NASDAQ:TRUP traded up $0.18 on Friday, reaching $34.48. 239,749 shares of the company’s stock were exchanged, compared to its average volume of 457,454. The firm has a market capitalization of $1.49 billion, a price-to-earnings ratio of 56.52, a price-to-earnings-growth ratio of 1.58 and a beta of 1.27. Trupanion, Inc. has a 52-week low of $21.16 and a 52-week high of $38.98. The company has a quick ratio of 1.74, a current ratio of 1.74 and a debt-to-equity ratio of 0.24. The business has a fifty day moving average of $27.72 and a 200-day moving average of $26.75.

Trupanion (NASDAQ:TRUP) last posted its quarterly earnings data on Thursday, November 5th. The financial services provider reported $0.21 EPS for the quarter, beating the consensus estimate of $0.17 by $0.04. The business had revenue of $405.59 million during the quarter, compared to analyst estimates of $402.53 million. Trupanion had a net margin of 1.71% and a return on equity of 6.71%. During the same quarter last year, the firm posted $0.13 earnings per share. As a group, analysts expect that Trupanion, Inc. will post 0.68 earnings per share for the current year.

Hedge Funds Weigh In On Trupanion

Hedge funds and other institutional investors have recently made changes to their positions in the stock. First Trust Advisors LP grew its position in shares of Trupanion by 52.9% during the third quarter. First Trust Advisors LP now owns 83,490 shares of the financial services provider’s stock worth $1,950,000 after buying an additional 28,903 shares in the last quarter. Landscape Capital Management L.L.C. raised its holdings in Trupanion by 27.8% in the third quarter. Landscape Capital Management L.L.C. now owns 132,191 shares of the financial services provider’s stock valued at $3,088,000 after acquiring an additional 28,736 shares in the last quarter. Fifth Third Bancorp raised its holdings in Trupanion by 4.0% in the third quarter. Fifth Third Bancorp now owns 7,772 shares of the financial services provider’s stock valued at $182,000 after acquiring an additional 302 shares in the last quarter. Illinois Municipal Retirement Fund raised its holdings in Trupanion by 22.8% in the third quarter. Illinois Municipal Retirement Fund now owns 20,635 shares of the financial services provider’s stock valued at $482,000 after acquiring an additional 3,833 shares in the last quarter. Finally, Oregon Public Employees Retirement Fund lifted its stake in Trupanion by 7.7% in the third quarter. Oregon Public Employees Retirement Fund now owns 8,359 shares of the financial services provider’s stock worth $195,000 after acquiring an additional 600 shares during the last quarter.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on TRUP. Weiss Ratings upgraded shares of Trupanion from a “hold (c-)” rating to a “hold (c)” rating in a report on Tuesday, September 29th. Zacks Research downgraded shares of Trupanion from a “strong-buy” rating to a “hold” rating in a research note on Monday, August 24th. Wall Street Zen upgraded shares of Trupanion from a “hold” rating to a “buy” rating in a research note on Saturday, November 7th. Cantor Fitzgerald upped their price objective on Trupanion from $30.00 to $33.00 and gave the stock a “neutral” rating in a research report on Monday, November 9th. Finally, Stifel Nicolaus increased their price objective on Trupanion from $29.00 to $34.00 and gave the company a “hold” rating in a research note on Monday, November 9th. One equities research analyst has rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $40.00.

About Trupanion

Trupanion provides medical insurance for cats and dogs, offering coverage for eligible veterinary care. Its products are designed to help pet owners manage unexpected costs from illnesses and injuries, subject to policy terms and exclusions. The company also provides software and payment services that enable participating veterinary practices to submit claims and receive payments directly, reducing the need for customers to pay covered costs upfront and seek reimbursement. Founded in 2000 and headquartered in Seattle, Trupanion serves customers in the United States and Canada.