Landscape Capital Management L.L.C. Invests $5.70 Million in Trupanion, Inc. $TRUP

Key Points

• Landscape Capital Management L.L.C. acquired a new stake in Trupanion, Inc., purchasing 152,813 shares valued at approximately $5.70 million, representing about 0.36% of the company.
• Multiple institutional investors have recently adjusted their stakes in Trupanion, including PNC Financial Services and AlphaQuest LLC, indicating increased interest in the company.
• Trupanion reported a quarterly earnings beat with an EPS of $0.22, surpassing analyst expectations, and revenue growth of 12.3% year-over-year.

Landscape Capital Management L.L.C. purchased a new stake in shares of Trupanion, Inc. (NASDAQ:TRUP - Free Report) during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 152,813 shares of the financial services provider's stock, valued at approximately $5,695,000. Landscape Capital Management L.L.C. owned about 0.36% of Trupanion at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently made changes to their positions in TRUP. Wells Fargo & Company MN grew its holdings in shares of Trupanion by 44.1% in the fourth quarter. Wells Fargo & Company MN now owns 15,798 shares of the financial services provider's stock worth $761,000 after purchasing an additional 4,836 shares during the last quarter. Raymond James Financial Inc. bought a new position in shares of Trupanion in the fourth quarter worth approximately $593,000. First Trust Advisors LP bought a new position in shares of Trupanion in the fourth quarter worth approximately $7,083,000. Dimensional Fund Advisors LP grew its holdings in shares of Trupanion by 112.2% in the fourth quarter. Dimensional Fund Advisors LP now owns 273,910 shares of the financial services provider's stock worth $13,204,000 after purchasing an additional 144,828 shares during the last quarter. Finally, MetLife Investment Management LLC grew its holdings in shares of Trupanion by 5.7% in the fourth quarter. MetLife Investment Management LLC now owns 20,132 shares of the financial services provider's stock worth $970,000 after purchasing an additional 1,088 shares during the last quarter.

Trupanion Stock Up 0.3%

Trupanion stock traded up $0.14 on Monday, hitting $46.36. 536,451 shares of the stock traded hands, compared to its average volume of 581,874. 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 firm has a market cap of $1.99 billion, a P/E ratio of 178.31 and a beta of 1.72. The business's fifty day simple moving average is $50.10 and its 200 day simple moving average is $44.03. Trupanion, Inc. has a 1 year low of $31.00 and a 1 year high of $57.90.

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 the consensus estimate of ($0.03) by $0.25. The business had revenue of $353.56 million during the quarter, compared to analyst estimates of $346.73 million. Trupanion had a return on equity of 3.31% and a net margin of 0.81%.The company's revenue for the quarter was up 12.3% on a year-over-year basis. During the same quarter last year, the firm posted ($0.14) earnings per share. Trupanion has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. As a group, sell-side analysts forecast that Trupanion, Inc. will post 0.13 earnings per share for the current year.

Analyst Ratings Changes

Several research analysts have recently issued reports on the stock. Cantor Fitzgerald upgraded shares of Trupanion to a "hold" rating in a report on Wednesday, August 13th. Piper Sandler raised their price target on Trupanion from $62.00 to $67.00 and gave the stock an "overweight" rating in a research note on Friday, August 8th. Finally, Stifel Nicolaus raised their price target on Trupanion from $41.00 to $45.00 and gave the stock a "hold" rating in a research note on Friday, August 8th. Three investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, Trupanion currently has an average rating of "Moderate Buy" and a consensus target price of $54.17.

Insider Buying and Selling

In other Trupanion news, CFO Fawwad Qureshi sold 2,800 shares of the firm's 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 completion of the transaction, the chief financial officer owned 6,451 shares of the company's stock, 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 filing with the SEC, which can be accessed through this link. Corporate insiders own 5.42% of the company's stock.

About Trupanion

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.