Trupanion, Inc. (NASDAQ:TRUP) Stake Trimmed by Two Sigma Investments LP

Two Sigma Investments LP decreased its stake in Trupanion, Inc. (NASDAQ:TRUP - Free Report) by 31.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 195,451 shares of the financial services provider's stock after selling 90,932 shares during the period. Two Sigma Investments LP owned 0.46% of Trupanion worth $9,421,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Jones Financial Companies Lllp boosted its holdings in shares of Trupanion by 71.7% during the fourth 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 during the period. Coppell Advisory Solutions LLC increased its holdings in shares of Trupanion by 58.3% in the 4th quarter. Coppell Advisory Solutions LLC now owns 1,249 shares of the financial services provider's stock worth $61,000 after acquiring an additional 460 shares during the period. SBI Securities Co. Ltd. bought a new stake in Trupanion in the 4th quarter valued at about $25,000. Swiss National Bank boosted its stake in Trupanion by 1.1% during the 4th quarter. Swiss National Bank now owns 66,310 shares of the financial services provider's stock valued at $3,196,000 after purchasing an additional 700 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Trupanion by 4.0% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 18,745 shares of the financial services provider's stock worth $904,000 after purchasing an additional 717 shares during the last quarter.

Trupanion Price Performance

Shares of Trupanion stock traded down $0.27 on Friday, hitting $47.88. The company had a trading volume of 145,862 shares, compared to its average volume of 604,512. Trupanion, Inc. has a 52 week low of $25.90 and a 52 week high of $57.90. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.71 and a quick ratio of 1.66. The company has a market cap of $2.05 billion, a PE ratio of -208.76, a PEG ratio of 6.02 and a beta of 1.72. The business has a 50-day simple moving average of $39.72 and a 200-day simple moving average of $43.96.

Trupanion (NASDAQ:TRUP - Get Free Report) last issued its quarterly earnings results on Thursday, May 1st. The financial services provider reported ($0.03) earnings per share (EPS) for the quarter, beating 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 firm had revenue of $341.98 million during the quarter, compared to analyst estimates of $337.81 million. During the same period last year, the company posted ($0.16) EPS. The firm's quarterly revenue was up 11.7% on a year-over-year basis. Research analysts expect that Trupanion, Inc. will post 0.13 EPS for the current fiscal year.

Wall Street Analyst Weigh In

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

Insider Buying and Selling

In related news, CFO Fawwad Qureshi sold 828 shares of the firm's stock in a transaction that occurred on Tuesday, May 27th. The shares were sold at an average price of $45.53, for a total transaction of $37,698.84. Following the completion of the sale, the chief financial officer now directly owns 6,079 shares in the company, valued at approximately $276,776.87. This trade represents a 11.99% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Margaret Tooth sold 4,000 shares of Trupanion stock in a transaction that occurred on Tuesday, May 20th. The stock was sold at an average price of $45.86, for a total transaction of $183,440.00. Following the completion of the transaction, the chief executive officer now owns 118,784 shares in the company, valued at approximately $5,447,434.24. This trade represents a 3.26% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 37,247 shares of company stock valued at $1,296,957 over the last three months. Company insiders own 5.42% of the company's stock.

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.