Trupanion Inc (NYSE:TRUP) insider Asher Bearman sold 6,600 shares of the firm’s stock in a transaction that occurred on Wednesday, August 9th. The shares were sold at an average price of $22.86, for a total value of $150,876.00. Following the completion of the transaction, the insider now directly owns 9,039 shares of the company’s stock, valued at $206,631.54. The transaction was disclosed in a document filed with the SEC, which is available through this link.
Trupanion Inc (NYSE TRUP) opened at 22.50 on Friday. The stock’s market cap is $674.89 million. The firm’s 50-day moving average price is $22.88 and its 200 day moving average price is $18.14. Trupanion Inc has a 52-week low of $13.71 and a 52-week high of $25.00.
Trupanion (NYSE:TRUP) last announced its quarterly earnings data on Tuesday, August 1st. The financial services provider reported ($0.02) EPS for the quarter, beating analysts’ consensus estimates of ($0.03) by $0.01. Trupanion had a negative return on equity of 13.24% and a negative net margin of 2.71%. The company had revenue of $58.30 million during the quarter, compared to the consensus estimate of $57.58 million. During the same quarter in the prior year, the firm earned ($0.03) EPS. The company’s quarterly revenue was up 27.3% compared to the same quarter last year. Equities analysts predict that Trupanion Inc will post ($0.10) earnings per share for the current year.
Large investors have recently made changes to their positions in the stock. State Street Corp increased its stake in shares of Trupanion by 6.3% in the fourth quarter. State Street Corp now owns 223,252 shares of the financial services provider’s stock worth $3,465,000 after buying an additional 13,322 shares during the period. AQR Capital Management LLC increased its stake in shares of Trupanion by 0.3% in the fourth quarter. AQR Capital Management LLC now owns 22,264 shares of the financial services provider’s stock worth $346,000 after buying an additional 73 shares during the period. Teachers Advisors LLC increased its stake in shares of Trupanion by 31.9% in the fourth quarter. Teachers Advisors LLC now owns 42,725 shares of the financial services provider’s stock worth $663,000 after buying an additional 10,340 shares during the period. Wesbanco Bank Inc. bought a new stake in shares of Trupanion during the first quarter worth approximately $488,000. Finally, Bank of New York Mellon Corp increased its stake in shares of Trupanion by 14.1% in the first quarter. Bank of New York Mellon Corp now owns 56,991 shares of the financial services provider’s stock worth $811,000 after buying an additional 7,054 shares during the period.
Several equities analysts recently weighed in on the company. Cowen and Company reaffirmed an “outperform” rating and issued a $28.00 price objective (up from $19.00) on shares of Trupanion in a research note on Wednesday, August 2nd. Stifel Nicolaus reaffirmed a “buy” rating and issued a $24.00 price objective (up from $18.00) on shares of Trupanion in a research note on Wednesday, August 2nd. Northland Securities set a $23.00 price objective on Trupanion and gave the company a “buy” rating in a research note on Thursday, July 6th. TheStreet raised Trupanion from a “d” rating to a “c-” rating in a research note on Monday, July 17th. Finally, BidaskClub downgraded Trupanion from a “buy” rating to a “hold” rating in a research note on Tuesday, August 8th. Three equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The stock currently has an average rating of “Buy” and an average target price of $24.50.
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.
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