7,208 Shares in Trupanion, Inc. (NASDAQ:TRUP) Bought by Sherbrooke Park Advisers LLC

Sherbrooke Park Advisers LLC acquired a new position in Trupanion, Inc. (NASDAQ:TRUP - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 7,208 shares of the financial services provider's stock, valued at approximately $347,000.

Several other large investors also recently modified their holdings of TRUP. Barclays PLC grew its holdings in Trupanion by 259.2% during the third quarter. Barclays PLC now owns 65,498 shares of the financial services provider's stock valued at $2,750,000 after purchasing an additional 47,262 shares during the period. JPMorgan Chase & Co. grew its holdings in Trupanion by 2.7% during the third quarter. JPMorgan Chase & Co. now owns 28,317 shares of the financial services provider's stock valued at $1,189,000 after purchasing an additional 738 shares during the period. Ameritas Advisory Services LLC bought a new stake in Trupanion during the fourth quarter valued at about $389,000. Bartlett & CO. Wealth Management LLC bought a new stake in Trupanion during the fourth quarter valued at about $266,000. Finally, KBC Group NV bought a new stake in Trupanion during the fourth quarter valued at about $75,000.

Trupanion Price Performance

Shares of Trupanion stock opened at $46.77 on Monday. The stock's 50-day simple moving average is $37.96 and its 200-day simple moving average is $44.19. Trupanion, Inc. has a 52 week low of $25.90 and a 52 week high of $57.90. The company has a market capitalization of $2.00 billion, a price-to-earnings ratio of -203.35, a PEG ratio of 6.02 and a beta of 1.72. 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 - Get Free Report) last announced its quarterly earnings data on Thursday, May 1st. The financial services provider reported ($0.03) EPS for the quarter, beating 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 business had revenue of $341.98 million for the quarter, compared to the consensus estimate of $337.81 million. During the same period in the previous year, the business earned ($0.16) earnings per share. The business's revenue was up 11.7% on a year-over-year basis. As a group, analysts expect that Trupanion, Inc. will post 0.13 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the company. Stifel Nicolaus cut their price target 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 cut their price target on Trupanion from $57.00 to $52.00 and set an "overweight" rating for the company in a report on Thursday, February 20th. Finally, Lake Street Capital cut their price target on Trupanion from $65.00 to $60.00 and set a "buy" rating for the company in a report on Friday, May 2nd. Two equities research analysts have rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $51.80.

Insider Buying and Selling

In related news, CEO Margaret Tooth sold 4,000 shares of the business's stock in a transaction dated Monday, April 21st. The stock was sold at an average price of $33.34, for a total value of $133,360.00. Following the sale, the chief executive officer now directly owns 118,784 shares in the company, valued at approximately $3,960,258.56. The trade was a 3.26% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Emily Dreyer sold 14,025 shares of the business's stock in a transaction dated Friday, March 7th. The stock was sold at an average price of $32.41, for a total value of $454,550.25. Following the completion of 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 ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 33,792 shares of company stock worth $1,122,802. Corporate insiders own 5.42% of the company's stock.

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.

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