American Century Companies Inc. Purchases 23,928 Shares of Trupanion, Inc. $TRUP

Key Points

• American Century Companies Inc. increased its stake in Trupanion, Inc. by 103.8%, acquiring an additional 23,928 shares in the first quarter, bringing its total ownership to 46,969 shares valued at approximately $1.75 million.
• Several hedge funds have also increased their investments in Trupanion, with Dimensional Fund Advisors LP boosting its stake by 112.2% by acquiring 144,828 additional shares.
• Equities research analysts maintain a Moderate Buy rating for Trupanion with an average target price of $54.17, and the company recently reported earnings that exceeded analysts' expectations.

American Century Companies Inc. lifted its holdings in shares of Trupanion, Inc. (NASDAQ:TRUP - Free Report) by 103.8% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 46,969 shares of the financial services provider's stock after acquiring an additional 23,928 shares during the quarter. American Century Companies Inc. owned approximately 0.11% of Trupanion worth $1,751,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. PNC Financial Services Group Inc. boosted its stake in Trupanion by 11.8% in the 1st quarter. PNC Financial Services Group Inc. now owns 2,234 shares of the financial services provider's stock valued at $83,000 after purchasing an additional 235 shares during the period. Bayesian Capital Management LP bought a new stake in Trupanion in the 4th quarter valued at $201,000. Eschler Asset Management LLP bought a new stake in Trupanion in the 4th quarter valued at $214,000. Occudo Quantitative Strategies LP bought a new stake in Trupanion in the 4th quarter valued at $227,000. Finally, Gotham Asset Management LLC bought a new stake in Trupanion in the 4th quarter valued at $234,000.

Wall Street Analysts Forecast Growth

TRUP has been the subject of a number of recent analyst reports. Cantor Fitzgerald upgraded Trupanion to a "hold" rating in a research report on Wednesday, August 13th. Stifel Nicolaus boosted their price target on Trupanion from $41.00 to $45.00 and gave the stock a "hold" rating in a report on Friday, August 8th. Finally, Piper Sandler upped 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. Three research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $54.17.

Insider Buying and Selling

In related news, CFO Fawwad Qureshi sold 2,800 shares of Trupanion stock in a transaction on Tuesday, August 26th. The stock was sold at an average price of $45.56, for a total transaction of $127,568.00. Following the sale, the chief financial officer directly owned 6,451 shares in the company, valued at approximately $293,907.56. This trade represents a 30.27% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 5.42% of the company's stock.

Trupanion Trading Down 2.3%

Shares of TRUP traded down $1.02 during mid-day trading on Wednesday, reaching $44.18. 397,025 shares of the company were exchanged, compared to its average volume of 553,317. Trupanion, Inc. has a 52 week low of $31.00 and a 52 week high of $57.90. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.69 and a current ratio of 1.69. The stock has a market capitalization of $1.90 billion, a PE ratio of 169.93 and a beta of 1.72. The business has a 50 day simple moving average of $49.45 and a two-hundred day simple moving average of $44.02.

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

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.