Dynamic Technology Lab Private Ltd Has $657,000 Stake in Trupanion, Inc. $TRUP

Key Points

• Dynamic Technology Lab Private Ltd has reduced its holdings in Trupanion, Inc. by 26.6%, selling 6,392 shares and leaving them with 17,630 shares worth approximately $657,000.
• Other institutional investors have increased their stakes significantly, with AlphaQuest LLC boosting its position by 940.6% during the same quarter.
• Trupanion recently reported earnings of $0.22 EPS for the latest quarter, exceeding analysts' expectations, alongside a revenue increase of 12.3% compared to the previous year.

Dynamic Technology Lab Private Ltd reduced its stake in shares of Trupanion, Inc. (NASDAQ:TRUP - Free Report) by 26.6% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 17,630 shares of the financial services provider's stock after selling 6,392 shares during the quarter. Dynamic Technology Lab Private Ltd's holdings in Trupanion were worth $657,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. AlphaQuest LLC grew its stake in shares of Trupanion by 940.6% during the first quarter. AlphaQuest LLC now owns 1,051 shares of the financial services provider's stock valued at $39,000 after purchasing an additional 950 shares during the last quarter. PNC Financial Services Group Inc. grew its stake in shares of 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 valued at $83,000 after purchasing an additional 235 shares during the last quarter. Occudo Quantitative Strategies LP bought a new position in Trupanion in the fourth quarter valued at approximately $227,000. Gotham Asset Management LLC bought a new position in Trupanion in the fourth quarter valued at approximately $234,000. Finally, Y Intercept Hong Kong Ltd bought a new position in Trupanion in the first quarter valued at approximately $243,000.

Insider Buying and Selling at Trupanion

In related news, Director Darryl Rawlings sold 30,369 shares of the firm's stock in a transaction on Thursday, September 4th. The shares were sold at an average price of $44.70, for a total transaction of $1,357,494.30. Following the sale, the director directly owned 1,413,281 shares in the company, valued at $63,173,660.70. This trade represents a 2.10% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, 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 sale, the chief financial officer owned 6,451 shares in the company, valued at approximately $293,907.56. The trade was a 30.27% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 52,800 shares of company stock worth $2,364,335. Company insiders own 5.42% of the company's stock.

Trupanion Trading Up 2.4%

TRUP traded up $1.06 during mid-day trading on Monday, hitting $44.56. The stock had a trading volume of 89,503 shares, compared to its average volume of 584,283. The stock's fifty day simple moving average is $48.00 and its 200-day simple moving average is $44.32. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.69 and a quick ratio of 1.69. The firm has a market capitalization of $1.92 billion, a price-to-earnings ratio of 171.56 and a beta of 1.72. 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 posted its earnings results on Thursday, August 7th. The financial services provider reported $0.22 earnings per share for the quarter, topping the consensus estimate of ($0.03) by $0.25. The company had revenue of $353.56 million for the quarter, compared to analyst estimates of $346.73 million. Trupanion had a net margin of 0.81% and a return on equity of 3.31%. The business's revenue for the quarter was up 12.3% compared to the same quarter last year. During the same period last year, the business posted ($0.14) earnings per share. Trupanion has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. As a group, research analysts forecast that Trupanion, Inc. will post 0.13 EPS for the current fiscal year.

Wall Street Analyst Weigh In

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