Allianz Asset Management GmbH Has $11.04 Million Stock Holdings in Trupanion, Inc. $TRUP

Key Points

• Allianz Asset Management GmbH reduced its holdings in Trupanion, Inc. by 2.8%, now owning 199,479 shares valued at approximately $11.04 million.
• Various institutions, including Jump Financial LLC and Palisade Capital Management LP, have recently increased their stakes in Trupanion, reflecting positive sentiment towards the company's stock.
• Analysts have given Trupanion an average rating of "Hold", with price targets ranging from $45.00 to $67.00, potentially indicating expectations for moderate growth in the stock's value.

Allianz Asset Management GmbH lessened its holdings in Trupanion, Inc. (NASDAQ:TRUP - Free Report) by 2.8% during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 199,479 shares of the financial services provider's stock after selling 5,691 shares during the quarter. Allianz Asset Management GmbH owned 0.47% of Trupanion worth $11,041,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Jump Financial LLC boosted its holdings in shares of Trupanion by 27.5% in the 1st quarter. Jump Financial LLC now owns 87,673 shares of the financial services provider's stock valued at $3,268,000 after purchasing an additional 18,919 shares in the last quarter. Palisade Capital Management LP boosted its holdings in shares of Trupanion by 36.7% in the 1st quarter. Palisade Capital Management LP now owns 244,354 shares of the financial services provider's stock valued at $9,107,000 after purchasing an additional 65,653 shares in the last quarter. Russell Investments Group Ltd. boosted its holdings in shares of Trupanion by 277.7% during the 1st quarter. Russell Investments Group Ltd. now owns 34,643 shares of the financial services provider's stock valued at $1,291,000 after acquiring an additional 25,471 shares in the last quarter. Banque Pictet & Cie SA bought a new stake in Trupanion during the 1st quarter worth $439,000. Finally, Landscape Capital Management L.L.C. bought a new stake in Trupanion during the 1st quarter worth $5,695,000.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on TRUP. Piper Sandler boosted their price objective on Trupanion from $62.00 to $67.00 and gave the stock an "overweight" rating in a research report on Friday, August 8th. Weiss Ratings restated a "hold (c-)" rating on shares of Trupanion in a research report on Wednesday, October 8th. Cantor Fitzgerald upgraded Trupanion to a "hold" rating in a research report on Wednesday, August 13th. Finally, Stifel Nicolaus boosted their price objective on Trupanion from $41.00 to $45.00 and gave the stock a "hold" rating in a research report on Friday, August 8th. Two analysts have rated the stock with a Buy rating and four have given a Hold rating to the company's stock. According to data from MarketBeat.com, Trupanion has an average rating of "Hold" and a consensus price target of $53.80.

Trupanion Stock Up 0.0%

Shares of TRUP opened at $44.02 on Wednesday. The company has a market capitalization of $1.89 billion, a PE ratio of 169.31 and a beta of 1.83. Trupanion, Inc. has a 12 month low of $31.00 and a 12 month high of $57.90. The stock's 50-day moving average price is $44.56 and its two-hundred day moving average price is $45.73. The company has a current ratio of 1.69, a quick ratio of 1.69 and a debt-to-equity ratio of 0.32.

Trupanion (NASDAQ:TRUP - Get Free Report) last announced its earnings results on Thursday, August 7th. The financial services provider reported $0.22 EPS for the quarter, topping the consensus estimate of ($0.03) by $0.25. The firm had revenue of $353.56 million for the quarter, compared to the consensus estimate of $346.73 million. Trupanion had a return on equity of 3.31% and a net margin of 0.81%.The business's quarterly revenue was up 12.3% compared to the same quarter last year. During the same period in the previous year, the business earned ($0.14) EPS. Trupanion has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, analysts anticipate that Trupanion, Inc. will post 0.13 EPS for the current year.

Insiders Place Their Bets

In other news, CFO Fawwad Qureshi sold 2,800 shares of the business's stock in a transaction dated Tuesday, August 26th. The stock was sold at an average price of $45.56, for a total value of $127,568.00. Following the transaction, the chief financial officer directly owned 6,451 shares of the company's stock, valued at $293,907.56. The trade was a 30.27% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Darryl Rawlings sold 30,369 shares of the business's stock in a transaction dated Thursday, September 4th. The shares were sold at an average price of $44.70, for a total value of $1,357,494.30. Following the completion of the transaction, the director directly owned 1,413,281 shares in the company, valued at $63,173,660.70. This represents a 2.10% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 61,761 shares of company stock valued at $2,739,621. 5.42% 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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