Trupanion, Inc. $TRUP Shares Purchased by Wellington Management Group LLP

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 lifted its position in Trupanion, Inc. (NASDAQ:TRUP - Free Report) by 13.2% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,491,227 shares of the financial services provider's stock after acquiring an additional 290,788 shares during the quarter. Wellington Management Group LLP owned 5.82% of Trupanion worth $92,848,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Balyasny Asset Management L.P. lifted its holdings in shares of Trupanion by 368.2% in the 4th quarter. Balyasny Asset Management L.P. now owns 841,254 shares of the financial services provider's stock worth $40,548,000 after acquiring an additional 661,559 shares during the last quarter. Hosking Partners LLP lifted its holdings in shares of Trupanion by 86.9% in the 1st quarter. Hosking Partners LLP now owns 397,656 shares of the financial services provider's stock worth $14,821,000 after acquiring an additional 184,936 shares during the last quarter. Northern Trust Corp lifted its holdings in shares of Trupanion by 9.0% in the 4th quarter. Northern Trust Corp now owns 368,236 shares of the financial services provider's stock worth $17,749,000 after acquiring an additional 30,549 shares during the last quarter. BNP Paribas Financial Markets lifted its holdings in Trupanion by 170.7% during the 4th quarter. BNP Paribas Financial Markets now owns 337,093 shares of the financial services provider's stock valued at $16,248,000 after buying an additional 212,545 shares in the last quarter. Finally, Kopion Asset Management LLC lifted its holdings in Trupanion by 18.7% during the 1st quarter. Kopion Asset Management LLC now owns 281,072 shares of the financial services provider's stock valued at $10,476,000 after buying an additional 44,285 shares in the last quarter.

Trupanion Stock Up 0.5%

Shares of Trupanion stock traded up $0.25 on Wednesday, reaching $46.71. The stock had a trading volume of 68,673 shares, compared to its average volume of 596,448. The company has a 50 day moving average price of $50.63 and a 200 day moving average price of $44.06. The company has a quick ratio of 1.69, a current ratio of 1.69 and a debt-to-equity ratio of 0.32. Trupanion, Inc. has a 1 year low of $31.00 and a 1 year high of $57.90. The stock has a market capitalization of $2.01 billion, a P/E ratio of 179.60 and a beta of 1.78.

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, topping analysts' consensus estimates of ($0.03) by $0.25. Trupanion had a net margin of 0.81% and a return on equity of 3.31%. The firm had revenue of $353.56 million for the quarter, compared to the consensus estimate of $346.73 million. During the same quarter in the previous year, the firm earned ($0.14) EPS. The company's quarterly revenue 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. As a group, equities research analysts forecast that Trupanion, Inc. will post 0.13 EPS for the current year.

Insider Transactions at Trupanion

In other news, insider Brenna Mcgibney sold 2,390 shares of Trupanion stock in a transaction that occurred on Monday, June 2nd. The shares were sold at an average price of $45.17, for a total value of $107,956.30. Following the transaction, the insider owned 1,317 shares of the company's stock, valued at $59,488.89. The trade was a 64.47% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Fawwad Qureshi sold 2,534 shares of the company's stock in a transaction on Thursday, May 29th. The shares were 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 directly owned 3,545 shares in the company, valued at approximately $171,258.95. The trade was a 41.68% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 9,124 shares of company stock valued at $431,688 in the last 90 days. Insiders own 5.42% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on TRUP. Lake Street Capital decreased their price objective on shares of Trupanion from $65.00 to $60.00 and set a "buy" rating for the company in a report on Friday, May 2nd. Cantor Fitzgerald upgraded shares of Trupanion to a "hold" rating in a report on Wednesday, August 13th. Piper Sandler lifted their price objective on shares of Trupanion from $62.00 to $67.00 and gave the company an "overweight" rating in a report on Friday, August 8th. Finally, Stifel Nicolaus lifted their price objective on shares of Trupanion from $41.00 to $45.00 and gave the company a "hold" rating in a report on Friday, August 8th. Three research analysts have rated the stock with a Buy rating and three have issued 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 price target of $54.17.

Trupanion Company 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.