Dynamic Technology Lab Private Ltd Sells 6,392 Shares of 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 trimmed its holdings in Trupanion, Inc. (NASDAQ:TRUP - Free Report) by 26.6% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm 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 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in TRUP. Millennium Management LLC raised its stake in Trupanion by 73.5% during the 1st quarter. Millennium Management LLC now owns 267,976 shares of the financial services provider's stock worth $9,987,000 after buying an additional 113,490 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Trupanion by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 19,603 shares of the financial services provider's stock worth $731,000 after buying an additional 858 shares during the period. Jacobs Levy Equity Management Inc. raised its stake in Trupanion by 2,029.0% during the 1st quarter. Jacobs Levy Equity Management Inc. now owns 303,550 shares of the financial services provider's stock worth $11,313,000 after buying an additional 289,292 shares during the period. PDT Partners LLC raised its stake in Trupanion by 346.2% during the 1st quarter. PDT Partners LLC now owns 136,110 shares of the financial services provider's stock worth $5,073,000 after buying an additional 105,605 shares during the period. Finally, First Manhattan CO. LLC. acquired a new position in Trupanion during the 1st quarter worth approximately $367,000.

Insider Activity at Trupanion

In other news, CFO Fawwad Qureshi sold 2,800 shares of the company's stock in a transaction that occurred on Tuesday, August 26th. The stock was sold at an average price of $45.56, for a total value of $127,568.00. Following the completion of the transaction, the chief financial officer directly owned 6,451 shares of the company's stock, valued at $293,907.56. This represents a 30.27% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Darryl Rawlings sold 30,369 shares of the company's stock in a transaction that occurred on Thursday, September 4th. The shares were sold at an average price of $44.70, for a total value of $1,357,494.30. Following the completion of the transaction, the director directly owned 1,413,281 shares of the company's stock, valued at approximately $63,173,660.70. This represents a 2.10% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 52,800 shares of company stock valued at $2,364,335. 5.42% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on TRUP. Cantor Fitzgerald raised Trupanion to a "hold" rating in a research note on Wednesday, August 13th. Piper Sandler increased their price objective on Trupanion from $62.00 to $67.00 and gave the stock an "overweight" rating in a research note on Friday, August 8th. Finally, Stifel Nicolaus increased their price objective on Trupanion from $41.00 to $45.00 and gave the stock a "hold" rating in a research note on Friday, August 8th. Three research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $54.17.

Trupanion Stock Performance

Shares of TRUP stock traded up $0.04 during trading on Friday, hitting $43.50. The company's stock had a trading volume of 388,500 shares, compared to its average volume of 423,659. The company has a market cap of $1.87 billion, a PE ratio of 167.31 and a beta of 1.72. The company has a current ratio of 1.69, a quick ratio of 1.69 and a debt-to-equity ratio of 0.32. The business has a fifty day moving average of $48.00 and a 200-day moving average of $44.25. Trupanion, Inc. has a 52 week low of $31.00 and a 52 week high of $57.90.

Trupanion (NASDAQ:TRUP - Get Free Report) last released its earnings results on Thursday, August 7th. The financial services provider reported $0.22 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.03) by $0.25. The company had revenue of $353.56 million during 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%.Trupanion's quarterly revenue was up 12.3% on a year-over-year basis. During the same period in the prior year, the company 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 anticipate that Trupanion, Inc. will post 0.13 earnings per share for the current year.

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.