Dimensional Fund Advisors LP Grows Stake in Trupanion, Inc. (NASDAQ:TRUP)

Dimensional Fund Advisors LP increased its holdings in shares of Trupanion, Inc. (NASDAQ:TRUP - Free Report) by 112.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 273,910 shares of the financial services provider's stock after purchasing an additional 144,828 shares during the quarter. Dimensional Fund Advisors LP owned approximately 0.65% of Trupanion worth $13,204,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. SBI Securities Co. Ltd. acquired a new stake in Trupanion during the fourth quarter worth approximately $25,000. Jones Financial Companies Lllp raised its stake in Trupanion by 71.7% during the 4th quarter. Jones Financial Companies Lllp now owns 570 shares of the financial services provider's stock worth $27,000 after acquiring an additional 238 shares in the last quarter. Aster Capital Management DIFC Ltd raised its stake 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 acquiring an additional 1,028 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new position in Trupanion in the third quarter valued at $54,000. Finally, KBC Group NV purchased a new position in shares of Trupanion during the fourth quarter worth about $75,000.

Trupanion Price Performance

Shares of NASDAQ TRUP opened at $44.31 on Friday. Trupanion, Inc. has a 1-year low of $25.07 and a 1-year high of $57.90. The company has a market cap of $1.90 billion, a PE ratio of -192.65, a P/E/G ratio of 6.02 and a beta of 1.72. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.71 and a quick ratio of 1.66. The stock has a fifty day moving average price of $36.70 and a 200 day moving average price of $44.61.

Trupanion (NASDAQ:TRUP - Get Free Report) last released its earnings results on Thursday, May 1st. The financial services provider reported ($0.03) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.05) 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 $341.98 million for the quarter, compared to analysts' expectations of $337.81 million. During the same quarter in the previous year, the firm posted ($0.16) EPS. The firm's quarterly revenue was up 11.7% on a year-over-year basis. Sell-side analysts forecast that Trupanion, Inc. will post 0.13 EPS for the current year.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the company. Stifel Nicolaus reduced their target price on Trupanion from $44.00 to $41.00 and set a "hold" rating for the company in a report on Thursday, February 20th. Piper Sandler lowered their target price 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. Finally, Lake Street Capital decreased their price target on shares of Trupanion from $65.00 to $60.00 and set a "buy" rating for the company in a research note on Friday, May 2nd. Two investment analysts have rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $51.80.

Insider Transactions at Trupanion

In related 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 value of $454,550.25. Following the sale, 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 transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Margaret Tooth sold 4,000 shares of the firm's stock in a transaction that occurred on Monday, April 21st. The shares were sold at an average price of $33.34, for a total value of $133,360.00. Following the completion of the transaction, the chief executive officer now directly owns 118,784 shares of the company's stock, valued at $3,960,258.56. The trade was a 3.26 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 33,792 shares of company stock valued at $1,122,802 in the last ninety days. 5.50% of the stock is currently owned by company insiders.

Trupanion 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.

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