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Jump Financial LLC Has $3.27 Million Holdings in Trupanion, Inc. $TRUP

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Key Points

  • Jump Financial LLC increased its holdings in Trupanion, Inc. by 27.5%, owning 87,673 shares valued at approximately $3.27 million as of the latest quarter.
  • Research analysts have a consensus rating of "Moderate Buy" for Trupanion, with price targets ranging from $41 to $67.
  • Trupanion reported a quarterly earnings of $0.22 EPS, surpassing analysts' expectations and showing a 12.3% increase in revenue year-over-year.
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Jump Financial LLC increased its holdings in Trupanion, Inc. (NASDAQ:TRUP - Free Report) by 27.5% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 87,673 shares of the financial services provider's stock after acquiring an additional 18,919 shares during the period. Jump Financial LLC owned about 0.20% of Trupanion worth $3,268,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in TRUP. Quarry LP acquired a new stake in shares of Trupanion in the 4th quarter worth about $39,000. AlphaQuest LLC boosted its holdings in Trupanion by 940.6% during the first quarter. AlphaQuest LLC now owns 1,051 shares of the financial services provider's stock worth $39,000 after purchasing an additional 950 shares during the last quarter. PNC Financial Services Group Inc. boosted its holdings in Trupanion by 11.8% during the first quarter. PNC Financial Services Group Inc. now owns 2,234 shares of the financial services provider's stock worth $83,000 after purchasing an additional 235 shares during the last quarter. Bayesian Capital Management LP purchased a new position in Trupanion during the fourth quarter worth about $201,000. Finally, Eschler Asset Management LLP purchased a new position in Trupanion during the fourth quarter worth about $214,000.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on TRUP shares. Piper Sandler boosted their price target on shares of Trupanion from $62.00 to $67.00 and gave the stock an "overweight" rating in a report on Friday, August 8th. Cantor Fitzgerald upgraded shares of Trupanion to a "hold" rating in a report on Wednesday, August 13th. Lake Street Capital cut 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. Finally, Stifel Nicolaus boosted their price target on shares of Trupanion from $41.00 to $45.00 and gave the stock a "hold" rating in a report on Friday, August 8th. Three investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, Trupanion presently has a consensus rating of "Moderate Buy" and a consensus target price of $54.17.

View Our Latest Stock Analysis on TRUP

Insider Activity

In other Trupanion news, CFO Fawwad Qureshi sold 2,534 shares of the company's stock in a transaction dated Thursday, May 29th. The shares were sold at an average price of $48.31, for a total transaction of $122,417.54. Following the sale, the chief financial officer directly owned 3,545 shares of the company's stock, valued at $171,258.95. This represents a 41.68% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, COO John R. Gallagher sold 4,000 shares of the company's stock in a transaction dated Thursday, May 29th. The shares were sold at an average price of $47.90, for a total transaction of $191,600.00. Following the sale, the chief operating officer directly owned 26,966 shares in the company, valued at approximately $1,291,671.40. This trade represents a 12.92% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 6,734 shares of company stock worth $323,732. Insiders own 5.42% of the company's stock.

Trupanion Trading Down 1.7%

NASDAQ:TRUP opened at $45.83 on Tuesday. The company has a current ratio of 1.69, a quick ratio of 1.69 and a debt-to-equity ratio of 0.32. The stock has a market capitalization of $1.97 billion, a PE ratio of 176.28 and a beta of 1.78. The firm's 50 day moving average is $50.76 and its 200 day moving average is $44.04. Trupanion, Inc. has a 12 month low of $31.00 and a 12 month high of $57.90.

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

About Trupanion

(Free Report)

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.

See Also

Want to see what other hedge funds are holding TRUP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Trupanion, Inc. (NASDAQ:TRUP - Free Report).

Institutional Ownership by Quarter for Trupanion (NASDAQ:TRUP)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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