63,000 Shares in Trupanion, Inc. (NASDAQ:TRUP) Bought by Hussman Strategic Advisors Inc.

Hussman Strategic Advisors Inc. acquired a new stake in shares of Trupanion, Inc. (NASDAQ:TRUP - Free Report) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 63,000 shares of the financial services provider's stock, valued at approximately $2,348,000. Hussman Strategic Advisors Inc. owned approximately 0.15% of Trupanion as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Jones Financial Companies Lllp grew its stake in shares of Trupanion by 71.7% in the fourth 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 during the period. Charles Schwab Investment Management Inc. lifted its holdings in shares of Trupanion by 2.1% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 306,752 shares of the financial services provider's stock worth $14,785,000 after buying an additional 6,338 shares in the last quarter. Proficio Capital Partners LLC bought a new position in Trupanion during the fourth quarter valued at $976,000. Raymond James Financial Inc. bought a new position in Trupanion during the fourth quarter valued at $593,000. Finally, Amundi raised its stake in shares of Trupanion by 193.2% in the fourth quarter. Amundi now owns 16,828 shares of the financial services provider's stock valued at $784,000 after acquiring an additional 11,088 shares during the period.

Wall Street Analysts Forecast Growth

Several research firms recently commented on TRUP. Piper Sandler raised their price target on shares of Trupanion from $52.00 to $62.00 and gave the stock an "overweight" rating in a research note on Thursday, July 3rd. Lake Street Capital lowered their price target on shares of Trupanion from $65.00 to $60.00 and set a "buy" rating on the stock in a report on Friday, May 2nd. Two investment analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, Trupanion currently has a consensus rating of "Moderate Buy" and an average price target of $53.80.

Trupanion Stock Performance

TRUP traded down $0.32 during trading on Monday, reaching $50.85. 56,518 shares of the company's stock were exchanged, compared to its average volume of 612,845. Trupanion, Inc. has a 1 year low of $29.70 and a 1 year high of $57.90. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.70 and a quick ratio of 1.70. The stock has a market capitalization of $2.18 billion, a P/E ratio of -509.30 and a beta of 1.82. The company's fifty day simple moving average is $50.28 and its 200-day simple moving average is $43.79.

Trupanion (NASDAQ:TRUP - Get Free Report) last posted its earnings results on Thursday, May 1st. The financial services provider reported ($0.03) earnings per share for the quarter, beating the consensus estimate of ($0.05) by $0.02. The firm had revenue of $341.98 million during the quarter, compared to analyst estimates of $337.81 million. Trupanion had a negative net margin of 0.32% and a negative return on equity of 1.33%. The business's quarterly revenue was up 11.7% on a year-over-year basis. During the same period in the previous year, the firm earned ($0.16) EPS. As a group, research analysts predict that Trupanion, Inc. will post 0.13 earnings per share for the current fiscal year.

Insider Activity

In other news, COO John R. Gallagher sold 4,000 shares of Trupanion stock in a transaction that occurred on Thursday, May 29th. The shares were sold at an average price of $47.90, for a total transaction of $191,600.00. Following the completion of the transaction, the chief operating officer directly owned 26,966 shares of the company's stock, valued at $1,291,671.40. The trade was a 12.92% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Fawwad Qureshi sold 2,534 shares of Trupanion stock in a transaction that occurred on Thursday, May 29th. The shares were sold at an average price of $48.31, for a total transaction of $122,417.54. Following the transaction, the chief financial officer directly owned 3,545 shares of the company's stock, valued at approximately $171,258.95. This trade represents a 41.68% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 11,562 shares of company stock valued at $544,870 in the last three months. 5.42% of the stock is currently owned by corporate 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.