146,945 Shares in Trupanion, Inc. (NASDAQ:TRUP) Purchased by First Trust Advisors LP

First Trust Advisors LP 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 146,945 shares of the financial services provider’s stock, valued at approximately $7,083,000. First Trust Advisors LP owned approximately 0.35% of Trupanion at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Jones Financial Companies Lllp grew its holdings in shares of Trupanion by 71.7% in the fourth quarter. Jones Financial Companies Lllp now owns 570 shares of the financial services provider’s stock valued at $27,000 after purchasing an additional 238 shares in the last quarter. GAMMA Investing LLC boosted its position in Trupanion by 18.5% in the 4th quarter. GAMMA Investing LLC now owns 1,709 shares of the financial services provider’s stock valued at $82,000 after buying an additional 267 shares during the period. SBI Securities Co. Ltd. acquired a new position in shares of Trupanion in the fourth quarter worth $25,000. Swiss National Bank increased its position in shares of Trupanion by 1.1% during the fourth quarter. Swiss National Bank now owns 66,310 shares of the financial services provider’s stock worth $3,196,000 after acquiring an additional 700 shares during the period. Finally, JPMorgan Chase & Co. raised its stake in shares of Trupanion by 2.7% in the third quarter. JPMorgan Chase & Co. now owns 28,317 shares of the financial services provider’s stock valued at $1,189,000 after acquiring an additional 738 shares in the last quarter.

Insider Buying and Selling

In other Trupanion news, SVP Emily Dreyer sold 14,025 shares of the company’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 transaction of $454,550.25. Following the completion of the sale, the senior vice president now directly owns 27,645 shares of the company’s stock, valued at $895,974.45. This represents a 33.66 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Brenna Mcgibney sold 5,000 shares of Trupanion stock in a transaction that occurred on Friday, March 7th. The shares were sold at an average price of $32.99, for a total value of $164,950.00. Following the completion of the transaction, the insider now owns 3,738 shares in the company, valued at $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. Insiders sold a total of 33,792 shares of company stock worth $1,122,802 in the last 90 days. Company insiders own 5.50% of the company’s stock.

Trupanion Stock Performance

Shares of TRUP stock opened at $37.82 on Wednesday. Trupanion, Inc. has a 1 year low of $19.69 and a 1 year high of $57.90. 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 firm has a market cap of $1.61 billion, a price-to-earnings ratio of -164.43, a PEG ratio of 6.02 and a beta of 1.66. The stock’s 50-day moving average is $35.24 and its two-hundred day moving average is $45.13.

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

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the company. Piper Sandler cut their price target on Trupanion from $57.00 to $52.00 and set an “overweight” rating on the stock in a report on Thursday, February 20th. Stifel Nicolaus reduced their target price on shares of Trupanion from $44.00 to $41.00 and set a “hold” rating on the stock in a 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 assigned a strong buy rating to the company. According to MarketBeat, Trupanion has an average rating of “Moderate Buy” and a consensus target price of $46.60.

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.