Deutsche Bank AG Buys 73,227 Shares of Trupanion, Inc. (NASDAQ:TRUP)

Deutsche Bank AG raised its stake in Trupanion, Inc. (NASDAQ:TRUP - Free Report) by 119.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 134,546 shares of the financial services provider's stock after acquiring an additional 73,227 shares during the period. Deutsche Bank AG owned approximately 0.32% of Trupanion worth $6,485,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Jones Financial Companies Lllp raised its holdings 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. Coppell Advisory Solutions LLC raised 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 acquiring an additional 460 shares in the last quarter. SBI Securities Co. Ltd. acquired a new position in Trupanion in the 4th quarter valued at $25,000. Swiss National Bank raised its holdings in Trupanion by 1.1% in the 4th quarter. Swiss National Bank now owns 66,310 shares of the financial services provider's stock valued at $3,196,000 after acquiring an additional 700 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its holdings in Trupanion by 2.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 28,317 shares of the financial services provider's stock valued at $1,189,000 after acquiring an additional 738 shares in the last quarter.

Insiders Place Their Bets

In other Trupanion news, CEO Margaret Tooth sold 2,294 shares of the company's 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 owns 118,784 shares of the company's stock, valued at $3,728,629.76. This represents a 1.89% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Brenna Mcgibney sold 5,000 shares of the company's stock in a transaction dated Friday, March 7th. The stock was sold at an average price of $32.99, for a total value of $164,950.00. Following the completion of the transaction, the insider now directly owns 3,738 shares of the company's stock, valued at approximately $123,316.62. The trade was a 57.22% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 37,792 shares of company stock valued at $1,306,242 in the last 90 days. Corporate insiders own 5.42% of the company's stock.

Trupanion Price Performance

Shares of Trupanion stock traded up $0.36 during trading on Friday, reaching $44.54. 389,273 shares of the company's stock were exchanged, compared to its average volume of 606,524. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.66 and a current ratio of 1.71. Trupanion, Inc. has a 1-year low of $25.90 and a 1-year high of $57.90. The company has a market cap of $1.91 billion, a P/E ratio of -193.65, a PEG ratio of 6.02 and a beta of 1.72. The firm's 50-day moving average price is $38.95 and its 200 day moving average price is $44.06.

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

Analysts Set New Price Targets

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

Trupanion 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.