Wellington Management Group LLP Purchases 290,788 Shares of Trupanion, Inc. $TRUP

Key Points

• Wellington Management Group LLP increased its holdings in Trupanion, Inc. by 13.2% during the first quarter, owning approximately 5.82% of the company, valued at $92.8 million.
• Analysts have diverse opinions on Trupanion, with Piper Sandler raising their price target to $67.00 and Lake Street Capital lowering it to $60.00, leading to an average rating of "Moderate Buy".
• Insider transactions reveal that COO John R. Gallagher and CFO Fawwad Qureshi both sold shares recently, with Gallagher selling 4,000 shares and Qureshi selling 2,534 shares, indicating a decrease in their ownership stakes.

Wellington Management Group LLP boosted its holdings in Trupanion, Inc. (NASDAQ:TRUP - Free Report) by 13.2% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,491,227 shares of the financial services provider's stock after buying an additional 290,788 shares during the period. Wellington Management Group LLP owned approximately 5.82% of Trupanion worth $92,848,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Quarry LP bought a new position in Trupanion in the 4th quarter worth approximately $39,000. Coppell Advisory Solutions LLC grew its holdings in shares of Trupanion by 58.3% during the 4th quarter. Coppell Advisory Solutions LLC now owns 1,249 shares of the financial services provider's stock worth $61,000 after purchasing an additional 460 shares in the last quarter. PNC Financial Services Group Inc. grew its holdings in shares of Trupanion by 11.8% during the 1st quarter. PNC Financial Services Group Inc. now owns 2,234 shares of the financial services provider's stock worth $83,000 after purchasing an additional 235 shares in the last quarter. Bayesian Capital Management LP acquired a new stake in shares of Trupanion during the 4th quarter worth approximately $201,000. Finally, Eschler Asset Management LLP acquired a new stake in shares of Trupanion during the 4th quarter worth approximately $214,000.

Analyst Ratings Changes

Several analysts have recently weighed in on TRUP shares. Stifel Nicolaus lifted their price objective on Trupanion from $41.00 to $45.00 and gave the stock a "hold" rating in a report on Friday, August 8th. Lake Street Capital decreased their price objective on Trupanion from $65.00 to $60.00 and set a "buy" rating on the stock in a report on Friday, May 2nd. Piper Sandler lifted their price objective on Trupanion from $62.00 to $67.00 and gave the stock an "overweight" rating in a report on Friday, August 8th. Finally, Cantor Fitzgerald raised Trupanion to a "hold" rating in a report on Wednesday, August 13th. Three equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, Trupanion presently has an average rating of "Moderate Buy" and a consensus target price of $54.17.

Insider Buying and Selling at Trupanion

In other Trupanion news, CFO Fawwad Qureshi sold 2,534 shares of Trupanion stock in a transaction on Thursday, May 29th. The stock was sold at an average price of $48.31, for a total value of $122,417.54. Following the completion of the transaction, 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 sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, COO John R. Gallagher sold 4,000 shares of Trupanion stock in a transaction on Thursday, May 29th. The shares were sold at an average price of $47.90, for a total value of $191,600.00. Following the completion of the transaction, the chief operating officer owned 26,966 shares of the company's stock, valued at approximately $1,291,671.40. The trade was a 12.92% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 7,562 shares of company stock valued at $361,430. Corporate insiders own 5.42% of the company's stock.

Trupanion Price Performance

TRUP stock traded down $1.10 during trading on Friday, hitting $46.63. The company had a trading volume of 483,502 shares, compared to its average volume of 567,382. The company has a fifty day moving average price of $50.91 and a two-hundred day moving average price of $44.04. 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 company has a market cap of $2.00 billion, a P/E ratio of 179.35 and a beta of 1.78. Trupanion, Inc. has a fifty-two week low of $31.00 and a fifty-two week high of $57.90.

Trupanion (NASDAQ:TRUP - Get Free Report) last issued its quarterly earnings data 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. Trupanion had a return on equity of 3.31% and a net margin of 0.81%.The firm had revenue of $353.56 million during the quarter, compared to the consensus estimate of $346.73 million. During the same quarter in the previous year, the company posted ($0.14) EPS. The business's revenue for the quarter was up 12.3% compared to the same quarter last year. Trupanion has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Equities research analysts expect that Trupanion, Inc. will post 0.13 earnings per share for the current fiscal 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.