Universal Beteiligungs und Servicegesellschaft mbH Buys New Stake in Trupanion, Inc. (NASDAQ:TRUP)

Key Points

• Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in Trupanion, Inc. consisting of 47,317 shares valued at approximately $1,764,000, representing about 0.11% of the company.
• Several institutional investors have significantly increased their positions in Trupanion, with Balyasny Asset Management boosting its stake by 368.2%.
• Analysts have mixed views on Trupanion with a consensus "Moderate Buy" rating and a price target range between $60.00 and $62.00.

Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in shares of Trupanion, Inc. (NASDAQ:TRUP - Free Report) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 47,317 shares of the financial services provider's stock, valued at approximately $1,764,000. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.11% of Trupanion at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in TRUP. Y Intercept Hong Kong Ltd bought a new position in Trupanion in the 1st quarter worth about $243,000. Hussman Strategic Advisors Inc. bought a new position in Trupanion in the 1st quarter worth about $2,348,000. Check Capital Management Inc. CA boosted its stake in Trupanion by 3.5% in the 1st quarter. Check Capital Management Inc. CA now owns 42,320 shares of the financial services provider's stock worth $1,577,000 after purchasing an additional 1,435 shares during the period. New York State Common Retirement Fund boosted its stake in Trupanion by 28.3% in the 1st quarter. New York State Common Retirement Fund now owns 83,634 shares of the financial services provider's stock worth $3,117,000 after purchasing an additional 18,443 shares during the period. Finally, Banque Pictet & Cie SA bought a new stake in shares of Trupanion during the 1st quarter valued at about $439,000.

Analysts Set New Price Targets

TRUP has been the subject of a number of research analyst reports. Piper Sandler lifted their price target on Trupanion from $52.00 to $62.00 and gave the company an "overweight" rating in a research report on Thursday, July 3rd. Lake Street Capital dropped their target price 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 equities research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $53.80.

Trupanion Stock Up 1.8%

Shares of TRUP traded up $0.83 during trading hours on Monday, hitting $47.04. The company had a trading volume of 191,686 shares, compared to its average volume of 597,111. The firm has a fifty day moving average price of $50.99 and a 200-day moving average price of $43.95. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.70 and a current ratio of 1.70. The stock has a market capitalization of $2.01 billion, a price-to-earnings ratio of -470.39 and a beta of 1.78. Trupanion, Inc. has a 52-week low of $29.70 and a 52-week high of $57.90.

Trupanion (NASDAQ:TRUP - Get Free Report) last released its quarterly earnings data on Thursday, May 1st. The financial services provider reported ($0.03) EPS for the quarter, beating the consensus estimate of ($0.05) by $0.02. The company had revenue of $341.98 million for the quarter, compared to analysts' expectations of $337.81 million. Trupanion had a negative return on equity of 1.33% and a negative net margin of 0.32%. Trupanion's revenue was up 11.7% compared to the same quarter last year. During the same period last year, the firm posted ($0.16) earnings per share. On average, equities research analysts forecast that Trupanion, Inc. will post 0.13 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, COO John R. Gallagher sold 4,000 shares of Trupanion stock in a transaction dated Thursday, May 29th. The stock was sold at an average price of $47.90, for a total transaction of $191,600.00. Following the transaction, the chief operating officer directly owned 26,966 shares of the company's stock, valued at $1,291,671.40. The trade was a 12.92% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Fawwad Qureshi sold 2,534 shares of the firm's stock in a transaction that occurred on Thursday, May 29th. The stock was sold at an average price of $48.31, for a total transaction of $122,417.54. Following the sale, the chief financial officer owned 3,545 shares in the company, valued at approximately $171,258.95. The trade was a 41.68% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 11,562 shares of company stock valued at $544,870. 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.