Trupanion, Inc. (NASDAQ:TRUP) Given Average Rating of “Moderate Buy” by Brokerages

Shares of Trupanion, Inc. (NASDAQ:TRUP) have received an average recommendation of “Moderate Buy” from the seven brokerages that are covering the firm, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation, four have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is $46.60.

Several equities research analysts recently weighed in on the stock. Piper Sandler cut their price objective on shares of Trupanion from $57.00 to $52.00 and set an “overweight” rating for the company in a research report on Thursday, February 20th. Stifel Nicolaus cut their price target on shares of Trupanion from $44.00 to $41.00 and set a “hold” rating for the company in a report on Thursday, February 20th.

Trupanion Stock Performance

NASDAQ TRUP opened at $34.72 on Friday. The firm has a 50-day moving average price of $36.92 and a two-hundred day moving average price of $45.56. Trupanion has a 12-month low of $19.69 and a 12-month high of $57.90. The company has a market capitalization of $1.48 billion, a P/E ratio of -150.96, a P/E/G ratio of 6.02 and a beta of 1.66. The company has a quick ratio of 1.66, a current ratio of 1.71 and a debt-to-equity ratio of 0.39.

Trupanion (NASDAQ:TRUP) last issued its quarterly earnings results on Wednesday, February 19th. The financial services provider reported $0.04 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.06 by ($0.02). The company had revenue of $337.31 million during the quarter, compared to the consensus estimate of $335.41 million. Trupanion had a negative net margin of 0.75% and a negative return on equity of 3.08%. Analysts anticipate that Trupanion will post 0.13 earnings per share for the current year.

Insider Activity at Trupanion

In other news, SVP Emily Dreyer sold 14,025 shares of Trupanion stock in a transaction dated Friday, March 7th. The stock was sold at an average price of $32.41, for a total transaction of $454,550.25. Following the sale, the senior vice president now directly owns 27,645 shares of the company’s stock, valued at approximately $895,974.45. This trade represents a 33.66 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Brenna Mcgibney sold 5,000 shares of the business’s stock in a transaction dated Friday, March 7th. The stock was sold at an average price of $32.99, for a total value of $164,950.00. Following the sale, the insider now owns 3,738 shares in the company, valued at approximately $123,316.62. This trade represents a 57.22 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 29,792 shares of company stock valued at $989,442. 5.50% of the stock is owned by insiders.

Institutional Investors Weigh In On Trupanion

Hedge funds have recently added to or reduced their stakes in the business. SBI Securities Co. Ltd. acquired a new position in Trupanion in the 4th quarter valued at approximately $25,000. Jones Financial Companies Lllp lifted its holdings in shares of Trupanion by 71.7% during the fourth quarter. Jones Financial Companies Lllp now owns 570 shares of the financial services provider’s stock worth $27,000 after purchasing an additional 238 shares during the period. Quarry LP bought a new stake in shares of Trupanion in the fourth quarter worth $39,000. Wilmington Savings Fund Society FSB acquired a new stake in Trupanion in the third quarter valued at $54,000. Finally, Aster Capital Management DIFC Ltd raised its position in Trupanion by 988.5% during the 4th quarter. Aster Capital Management DIFC Ltd now owns 1,132 shares of the financial services provider’s stock worth $55,000 after purchasing an additional 1,028 shares during the last quarter.

Trupanion Company 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.