ProShare Advisors LLC Sells 11,516 Shares of Trupanion, Inc. (NASDAQ:TRUP)

ProShare Advisors LLC reduced its holdings in shares of Trupanion, Inc. (NASDAQ:TRUP - Free Report) by 15.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 63,496 shares of the financial services provider's stock after selling 11,516 shares during the period. ProShare Advisors LLC owned 0.15% of Trupanion worth $3,061,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of TRUP. SBI Securities Co. Ltd. bought a new position in Trupanion in the 4th quarter valued at about $25,000. Jones Financial Companies Lllp lifted its position in Trupanion by 71.7% in the 4th quarter. Jones Financial Companies Lllp now owns 570 shares of the financial services provider's stock valued at $27,000 after acquiring an additional 238 shares in the last quarter. Quarry LP bought a new position in shares of Trupanion during the 4th quarter worth approximately $39,000. Aster Capital Management DIFC Ltd lifted its position in shares of Trupanion by 988.5% during the 4th quarter. Aster Capital Management DIFC Ltd now owns 1,132 shares of the financial services provider's stock worth $55,000 after buying an additional 1,028 shares in the last quarter. Finally, Coppell Advisory Solutions LLC lifted its position in shares of Trupanion by 58.3% during the 4th quarter. Coppell Advisory Solutions LLC now owns 1,249 shares of the financial services provider's stock worth $61,000 after buying an additional 460 shares in the last quarter.

Trupanion Stock Performance

Trupanion stock traded up $0.36 during mid-day trading on Friday, reaching $44.54. The company's stock had a trading volume of 389,273 shares, compared to its average volume of 607,483. Trupanion, Inc. has a 12-month low of $25.90 and a 12-month high of $57.90. The company has a market capitalization of $1.91 billion, a P/E ratio of -193.65, a PEG ratio of 6.02 and a beta of 1.72. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.66 and a current ratio of 1.71. The firm's fifty day moving average price is $38.95 and its two-hundred day moving average price is $43.98.

Trupanion (NASDAQ:TRUP - Get Free Report) last released its quarterly earnings results on Thursday, May 1st. The financial services provider reported ($0.03) earnings per share for the quarter, topping the consensus estimate of ($0.05) by $0.02. Trupanion had a negative net margin of 0.75% and a negative return on equity of 3.08%. The firm had revenue of $341.98 million for the quarter, compared to analysts' expectations of $337.81 million. During the same quarter in the prior year, the firm posted ($0.16) earnings per share. The business's quarterly revenue was up 11.7% on a year-over-year basis. Sell-side analysts predict that Trupanion, Inc. will post 0.13 EPS for the current fiscal year.

Analyst Ratings Changes

TRUP has been the topic of several recent analyst reports. Stifel Nicolaus dropped their target price on shares of Trupanion from $44.00 to $41.00 and set a "hold" rating on the stock in a research report on Thursday, February 20th. Lake Street Capital dropped their target price on shares of Trupanion from $65.00 to $60.00 and set a "buy" rating on the stock in a research report on Friday, May 2nd. Finally, Piper Sandler dropped their target price on shares of Trupanion from $57.00 to $52.00 and set an "overweight" rating on the stock in a research report on Thursday, February 20th. Two investment analysts have rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, Trupanion presently has an average rating of "Moderate Buy" and an average price target of $51.80.

Insider Buying and Selling

In other news, CFO Fawwad Qureshi sold 1,373 shares of Trupanion stock in a transaction dated Wednesday, February 26th. The stock was sold at an average price of $34.22, for a total value of $46,984.06. Following the transaction, the chief financial officer now owns 2,416 shares in the company, valued at approximately $82,675.52. The trade was a 36.24% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Margaret Tooth sold 2,294 shares of the business's stock in a transaction dated Tuesday, March 4th. The shares were sold at an average price of $31.39, for a total value of $72,008.66. Following the completion of the sale, the chief executive officer now directly owns 118,784 shares of the company's stock, valued at approximately $3,728,629.76. This trade represents a 1.89% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 37,792 shares of company stock worth $1,306,242. 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.