Trupanion, Inc. (NASDAQ:TRUP) Shares Bought by State of Wyoming

State of Wyoming increased its holdings in shares of Trupanion, Inc. (NASDAQ:TRUP - Free Report) by 111.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,158 shares of the financial services provider's stock after buying an additional 5,880 shares during the period. State of Wyoming's holdings in Trupanion were worth $538,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the company. Stifel Nicolaus decreased their price objective on Trupanion from $44.00 to $41.00 and set a "hold" rating on the stock in a report on Thursday, February 20th. Lake Street Capital decreased their price objective on Trupanion from $65.00 to $60.00 and set a "buy" rating on the stock in a report on Friday, May 2nd. Finally, Piper Sandler decreased their price objective on Trupanion from $57.00 to $52.00 and set an "overweight" rating on the stock in a report on Thursday, February 20th. Two research analysts have rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $51.80.

Trupanion Trading Up 0.8%

Shares of TRUP traded up $0.36 during midday trading on Friday, reaching $44.54. The company had a trading volume of 389,273 shares, compared to its average volume of 607,483. Trupanion, Inc. has a 1-year low of $25.90 and a 1-year high of $57.90. The stock has a market cap of $1.91 billion, a PE ratio of -193.65, a price-to-earnings-growth ratio of 6.02 and a beta of 1.72. The firm has a 50 day simple moving average of $38.95 and a 200-day simple moving average of $44.01. The company has a quick ratio of 1.66, a current ratio of 1.71 and a debt-to-equity ratio of 0.39.

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

Insider Buying and Selling

In other Trupanion news, CEO Margaret Tooth sold 2,294 shares of Trupanion stock in a transaction dated Tuesday, March 4th. The stock was sold at an average price of $31.39, for a total value of $72,008.66. Following the completion of the transaction, the chief executive officer now directly owns 118,784 shares of the company's stock, valued at $3,728,629.76. The trade was a 1.89% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Fawwad Qureshi sold 1,373 shares of Trupanion stock in a transaction dated Wednesday, February 26th. The shares were sold at an average price of $34.22, for a total value of $46,984.06. Following the completion of the transaction, the chief financial officer now directly owns 2,416 shares of the company's stock, valued at approximately $82,675.52. This represents a 36.24% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 37,792 shares of company stock valued at $1,306,242. 5.42% of the stock is currently owned by insiders.

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.