Aquatic Capital Management LLC Buys Shares of 20,031 Trupanion, Inc. (NASDAQ:TRUP)

Aquatic Capital Management LLC bought a new stake in Trupanion, Inc. (NASDAQ:TRUP - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 20,031 shares of the financial services provider's stock, valued at approximately $965,000.

A number of other hedge funds also recently made changes to their positions in the company. Amundi grew its position in shares of Trupanion by 193.2% during the fourth quarter. Amundi now owns 16,828 shares of the financial services provider's stock worth $784,000 after buying an additional 11,088 shares in the last quarter. Barclays PLC grew its stake in Trupanion by 259.2% during the 3rd quarter. Barclays PLC now owns 65,498 shares of the financial services provider's stock worth $2,750,000 after buying an additional 47,262 shares during the last quarter. Vanguard Group Inc. increased its holdings in shares of Trupanion by 1.3% in the 4th quarter. Vanguard Group Inc. now owns 3,596,725 shares of the financial services provider's stock worth $173,362,000 after acquiring an additional 45,653 shares during the period. Wealthfront Advisers LLC bought a new stake in shares of Trupanion during the fourth quarter valued at approximately $845,000. Finally, Illinois Municipal Retirement Fund bought a new position in shares of Trupanion in the fourth quarter worth $834,000.

Insider Buying and Selling

In other news, CFO Fawwad Qureshi sold 1,373 shares of the firm's stock in a transaction on Wednesday, February 26th. The stock was sold at an average price of $34.22, for a total value of $46,984.06. Following the completion of the sale, the chief financial officer now owns 2,416 shares of the company's stock, valued at $82,675.52. This trade represents a 36.24 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, SVP Emily Dreyer sold 14,025 shares of the company's stock in a transaction dated Friday, March 7th. The shares were sold at an average price of $32.41, for a total value of $454,550.25. Following the completion of the transaction, the senior vice president now owns 27,645 shares in the company, valued at $895,974.45. This represents a 33.66 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 33,792 shares of company stock valued at $1,122,802. 5.50% of the stock is owned by corporate insiders.

Trupanion Price Performance

TRUP stock traded up $8.56 on Friday, hitting $45.00. 1,622,126 shares of the company's stock traded hands, compared to its average volume of 653,911. The company has a current ratio of 1.71, a quick ratio of 1.66 and a debt-to-equity ratio of 0.39. The stock has a market cap of $1.91 billion, a price-to-earnings ratio of -195.65, a P/E/G ratio of 6.02 and a beta of 1.66. Trupanion, Inc. has a 1-year low of $20.05 and a 1-year high of $57.90. The stock has a fifty day moving average of $35.60 and a 200-day moving average of $44.88.

Trupanion (NASDAQ:TRUP - Get Free Report) last released its quarterly earnings data on Thursday, May 1st. The financial services provider reported ($0.03) earnings per share for the quarter, topping the consensus estimate of ($0.05) by $0.02. The business had revenue of $341.98 million during the quarter, compared to analyst estimates of $337.81 million. Trupanion had a negative return on equity of 3.08% and a negative net margin of 0.75%. The company's revenue was up 11.7% compared to the same quarter last year. During the same period last year, the company posted ($0.16) EPS. On average, analysts forecast that Trupanion, Inc. will post 0.13 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms have commented on TRUP. Piper Sandler dropped their price target on shares of Trupanion from $57.00 to $52.00 and set an "overweight" rating on the stock in a research report on Thursday, February 20th. Stifel Nicolaus dropped their target price on Trupanion from $44.00 to $41.00 and set a "hold" rating on the stock in a report on Thursday, February 20th. Finally, Lake Street Capital decreased their price target on Trupanion from $65.00 to $60.00 and set a "buy" rating for the company in a research note on Friday. Two investment 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's stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $51.80.

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.