Trupanion, Inc. $TRUP Shares Purchased by Public Sector Pension Investment Board

Public Sector Pension Investment Board increased its holdings in Trupanion, Inc. (NASDAQ:TRUP - Free Report) by 27.2% in the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 106,128 shares of the financial services provider's stock after acquiring an additional 22,664 shares during the period. Public Sector Pension Investment Board owned approximately 0.25% of Trupanion worth $3,955,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in the company. Nuveen LLC acquired a new position in Trupanion during the first quarter worth $3,362,000. Hosking Partners LLP lifted its stake in Trupanion by 86.9% during the first quarter. Hosking Partners LLP now owns 397,656 shares of the financial services provider's stock worth $14,821,000 after purchasing an additional 184,936 shares in the last quarter. PNC Financial Services Group Inc. lifted its stake 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 in the last quarter. Blueshift Asset Management LLC acquired a new position in Trupanion during the first quarter worth $1,407,000. Finally, Bayforest Capital Ltd lifted its stake in Trupanion by 627.4% during the first quarter. Bayforest Capital Ltd now owns 28,457 shares of the financial services provider's stock worth $1,061,000 after purchasing an additional 24,545 shares in the last quarter.

Trupanion Price Performance

Shares of NASDAQ:TRUP traded down $0.0280 during trading on Thursday, hitting $47.7220. 184,737 shares of the stock were exchanged, compared to its average volume of 600,262. The company has a fifty day moving average price of $51.05 and a two-hundred day moving average price of $44.08. The company has a market cap of $2.05 billion, a PE ratio of 184.35 and a beta of 1.78. The company has a current ratio of 1.69, a quick ratio of 1.69 and a debt-to-equity ratio of 0.32. 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 announced its quarterly earnings results on Thursday, August 7th. The financial services provider reported $0.22 EPS for the quarter, topping the consensus estimate of ($0.03) by $0.25. The business had revenue of $353.56 million for 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 quarterly revenue was up 12.3% on a year-over-year basis. During the same quarter in the previous year, the company earned ($0.14) EPS. Trupanion has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, analysts forecast that Trupanion, Inc. will post 0.13 EPS for the current year.

Insider Activity at Trupanion

In other news, CFO Fawwad Qureshi sold 2,534 shares of the business's stock in a transaction that occurred on Thursday, May 29th. The stock was sold at an average price of $48.31, for a total transaction of $122,417.54. Following the sale, the chief financial officer owned 3,545 shares of the company's stock, valued at $171,258.95. The trade was a 41.68% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO John R. Gallagher sold 4,000 shares of the business's stock in a transaction that occurred on Thursday, May 29th. The stock was sold at an average price of $47.90, for a total value of $191,600.00. Following the sale, the chief operating officer directly owned 26,966 shares in the company, valued at $1,291,671.40. This trade represents a 12.92% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 7,562 shares of company stock worth $361,430 in the last three months. Corporate insiders own 5.42% of the company's stock.

Wall Street Analyst Weigh In

TRUP has been the topic of several analyst reports. Lake Street Capital reduced their price objective on Trupanion from $65.00 to $60.00 and set a "buy" rating on the stock in a research note on Friday, May 2nd. Stifel Nicolaus raised their price target on Trupanion from $41.00 to $45.00 and gave the company a "hold" rating in a research note on Friday, August 8th. Cantor Fitzgerald upgraded Trupanion to a "hold" rating in a research report on Wednesday, August 13th. Finally, Piper Sandler lifted their target price on Trupanion from $62.00 to $67.00 and gave the stock an "overweight" rating in a research report on Friday, August 8th. Three equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company's stock. According to MarketBeat, Trupanion has an average rating of "Moderate Buy" and a consensus target price of $54.17.

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.