Kopion Asset Management LLC Trims Stock Position in Trupanion, Inc. $TRUP

Key Points

• Kopion Asset Management LLC decreased its stake in Trupanion, Inc. by 22.1%, owning approximately 8.2% of the company after selling over 62,000 shares.
• Analysts have given Trupanion a consensus rating of "Moderate Buy" with a price target averaging $54.17, following upgrade reports from multiple firms.
• Trupanion reported earnings for the last quarter above analyst estimates, with a 12.3% year-over-year revenue growth and a $0.25 beat on EPS estimates.

Kopion Asset Management LLC lessened its stake in Trupanion, Inc. (NASDAQ:TRUP - Free Report) by 22.1% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 219,009 shares of the financial services provider's stock after selling 62,063 shares during the period. Trupanion comprises about 8.2% of Kopion Asset Management LLC's portfolio, making the stock its biggest position. Kopion Asset Management LLC owned 0.51% of Trupanion worth $12,122,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. AlphaQuest LLC grew its position in shares of Trupanion by 940.6% in the 1st quarter. AlphaQuest LLC now owns 1,051 shares of the financial services provider's stock valued at $39,000 after buying an additional 950 shares during the last quarter. PNC Financial Services Group Inc. grew its position in shares of 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 buying an additional 235 shares during the last quarter. Occudo Quantitative Strategies LP bought a new stake in shares of Trupanion in the 4th quarter valued at about $227,000. Gotham Asset Management LLC bought a new stake in shares of Trupanion in the 4th quarter valued at about $234,000. Finally, Y Intercept Hong Kong Ltd bought a new stake in shares of Trupanion in the 1st quarter valued at about $243,000.

Analyst Ratings Changes

TRUP has been the topic of a number of analyst reports. Piper Sandler upped their price target on Trupanion from $62.00 to $67.00 and gave the company an "overweight" rating in a research report on Friday, August 8th. Stifel Nicolaus upped their target price on Trupanion from $41.00 to $45.00 and gave the company a "hold" rating in a research report on Friday, August 8th. Finally, Cantor Fitzgerald upgraded Trupanion to a "hold" rating in a research report on Wednesday, August 13th. Three investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, Trupanion has a consensus rating of "Moderate Buy" and an average price target of $54.17.

Insider Buying and Selling

In related news, Director Darryl Rawlings sold 30,369 shares of the company's stock in a transaction that occurred on Thursday, September 4th. The stock was sold at an average price of $44.70, for a total transaction of $1,357,494.30. Following the transaction, the director directly owned 1,413,281 shares of the company's stock, valued at approximately $63,173,660.70. This represents a 2.10% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Fawwad Qureshi sold 2,800 shares of the company's stock in a transaction that occurred on 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 in the company, valued at approximately $293,907.56. This trade represents a 30.27% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 52,800 shares of company stock worth $2,364,335. 5.42% of the stock is owned by company insiders.

Trupanion Stock Up 0.1%

TRUP stock opened at $43.50 on Monday. The stock's 50 day simple moving average is $48.00 and its 200 day simple moving average is $44.32. Trupanion, Inc. has a fifty-two week low of $31.00 and a fifty-two 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 company has a market cap of $1.87 billion, a P/E ratio of 167.31 and a beta of 1.72.

Trupanion (NASDAQ:TRUP - Get Free Report) last posted its quarterly earnings results on Thursday, August 7th. The financial services provider reported $0.22 earnings per share for the quarter, topping 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 business had revenue of $353.56 million for the quarter, compared to the consensus estimate of $346.73 million. During the same period in the prior year, the business earned ($0.14) EPS. The firm's revenue for the quarter was up 12.3% on a year-over-year basis. Trupanion has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, research analysts expect that Trupanion, Inc. will post 0.13 earnings per share for the current fiscal year.

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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