20,244 Shares in Trupanion, Inc. (NASDAQ:TRUP) Purchased by Proficio Capital Partners LLC

Proficio Capital Partners LLC bought a new stake in Trupanion, Inc. (NASDAQ:TRUP) in the 4th quarter, according to its most recent disclosure with the SEC. The fund bought 20,244 shares of the financial services provider’s stock, valued at approximately $976,000.

Other institutional investors also recently bought and sold shares of the company. SBI Securities Co. Ltd. acquired a new position in Trupanion in the 4th quarter valued at about $25,000. Jones Financial Companies Lllp grew its position in Trupanion by 71.7% in the 4th quarter. Jones Financial Companies Lllp now owns 570 shares of the financial services provider’s stock valued at $27,000 after acquiring an additional 238 shares in the last quarter. Quest Partners LLC acquired a new position in Trupanion in the 3rd quarter valued at about $37,000. Wilmington Savings Fund Society FSB acquired a new position in Trupanion in the 3rd quarter valued at about $54,000. Finally, KBC Group NV acquired a new position in Trupanion in the 4th quarter valued at about $75,000.

Analyst Ratings Changes

Several research firms have weighed in on TRUP. Stifel Nicolaus dropped their target price on Trupanion from $44.00 to $41.00 and set a “hold” rating for the company in a research report on Thursday, February 20th. Piper Sandler dropped their target price on Trupanion from $57.00 to $52.00 and set an “overweight” rating for the company in a research report on Thursday, February 20th. Two research analysts have rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $46.60.

Insider Transactions at Trupanion

In related news, CEO Margaret Tooth sold 2,294 shares of the business’s stock in a transaction that occurred on Tuesday, March 4th. The stock was sold at an average price of $31.39, for a total transaction of $72,008.66. Following the completion of the sale, the chief executive officer now owns 118,784 shares in the company, valued at $3,728,629.76. The trade was a 1.89 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Emily Dreyer sold 14,025 shares of the business’s stock in a transaction that occurred on Friday, March 7th. The stock was sold at an average price of $32.41, for a total value of $454,550.25. Following the sale, the senior vice president now owns 27,645 shares of the company’s stock, valued at approximately $895,974.45. The trade was a 33.66 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 25,984 shares of company stock valued at $850,362. 5.50% of the stock is currently owned by corporate insiders.

Trupanion Stock Performance

Shares of Trupanion stock opened at $37.00 on Friday. Trupanion, Inc. has a one year low of $19.69 and a one year high of $57.90. The company has a market cap of $1.57 billion, a PE ratio of -160.87, a P/E/G ratio of 6.02 and a beta of 1.70. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.66 and a current ratio of 1.71. The business has a 50-day simple moving average of $41.64 and a 200-day simple moving average of $46.71.

Trupanion (NASDAQ:TRUP) last announced its quarterly earnings data on Wednesday, February 19th. The financial services provider reported $0.04 EPS for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.02). Trupanion had a negative return on equity of 3.08% and a negative net margin of 0.75%. The company had revenue of $337.31 million for the quarter, compared to analyst estimates of $335.41 million. On average, equities research analysts forecast that Trupanion, Inc. will post 0.13 EPS for the current fiscal year.

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.