Trupanion (NASDAQ:TRUP) CEO Margaret Tooth Sells 2,000 Shares of Stock

Key Points

• CEO Margaret Tooth sold 2,000 Trupanion shares for $72,920 at an average price of $36.46 under a pre-arranged Rule 10b5-1 plan. She retained 182,952 shares after the sale.
• Trupanion beat quarterly estimates, reporting EPS of $0.21 versus $0.17 expected and revenue of $405.59 million versus $402.53 million expected.
• Analysts’ consensus rating was Hold, with an average price target of $40; one analyst rated the stock Buy and five rated it Hold.

Trupanion, Inc. (NASDAQ:TRUP - Get Free Report) CEO Margaret Tooth sold 2,000 shares of the company's stock in a transaction that occurred on Monday, November 9th. The stock was sold at an average price of $36.46, for a total value of $72,920.00. Following the completion of the transaction, the chief executive officer owned 182,952 shares of the company's stock, valued at $6,670,429.92. The trade was a 1.08% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Margaret Tooth also recently made the following trade(s):

• On Friday, October 9th, Margaret Tooth sold 1,000 shares of Trupanion stock. The shares were sold at an average price of $25.84, for a total transaction of $25,840.00.
• On Friday, September 11th, Margaret Tooth sold 1,000 shares of Trupanion stock. The shares were sold at an average price of $25.00, for a total transaction of $25,000.00.
• On Tuesday, August 25th, Margaret Tooth sold 491 shares of Trupanion stock. The stock was sold at an average price of $31.84, for a total transaction of $15,633.44.

Trupanion Price Performance

NASDAQ TRUP traded down $0.06 on Thursday, reaching $34.30. The company had a trading volume of 241,698 shares, compared to its average volume of 463,336. The company has a quick ratio of 1.74, a current ratio of 1.74 and a debt-to-equity ratio of 0.24. The stock has a market capitalization of $1.48 billion, a PE ratio of 56.23, a price-to-earnings-growth ratio of 1.59 and a beta of 1.27. The firm's 50 day moving average price is $27.61 and its 200 day moving average price is $26.73. Trupanion, Inc. has a 12 month low of $21.16 and a 12 month high of $39.61.

Trupanion (NASDAQ:TRUP - Get Free Report) last announced its quarterly earnings results on Thursday, November 5th. The financial services provider reported $0.21 EPS for the quarter, topping the consensus estimate of $0.17 by $0.04. Trupanion had a net margin of 1.71% and a return on equity of 6.71%. The business had revenue of $405.59 million for the quarter, compared to analysts' expectations of $402.53 million. During the same quarter in the previous year, the company earned $0.13 EPS. As a group, equities analysts predict that Trupanion, Inc. will post 0.68 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on TRUP shares. Wall Street Zen upgraded Trupanion from a "hold" rating to a "buy" rating in a research report on Saturday, November 7th. Piper Sandler lowered Trupanion from an "overweight" rating to a "neutral" rating and dropped their price target for the company from $45.00 to $32.00 in a research note on Wednesday, August 26th. Weiss Ratings upgraded Trupanion from a "hold (c-)" rating to a "hold (c)" rating in a report on Tuesday, September 29th. Atlantic Securities set a $42.00 price target on Trupanion in a report on Wednesday, July 15th. Finally, Cantor Fitzgerald lifted their price objective on Trupanion from $30.00 to $33.00 and gave the stock a "neutral" rating in a research note on Monday. One research analyst has rated the stock with a Buy rating and five have issued a Hold rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Hold" and an average target price of $40.00.

Hedge Funds Weigh In On Trupanion

Institutional investors have recently bought and sold shares of the business. Fifth Third Bancorp grew its stake in shares of Trupanion by 4.0% in the 3rd quarter. Fifth Third Bancorp now owns 7,772 shares of the financial services provider's stock worth $182,000 after buying an additional 302 shares in the last quarter. Yousif Capital Management LLC increased its holdings in shares of Trupanion by 4.0% in the 3rd quarter. Yousif Capital Management LLC now owns 9,328 shares of the financial services provider's stock worth $218,000 after buying an additional 356 shares during the last quarter. Illinois Municipal Retirement Fund increased its holdings in shares of Trupanion by 2.3% in the 1st quarter. Illinois Municipal Retirement Fund now owns 17,819 shares of the financial services provider's stock worth $456,000 after buying an additional 406 shares during the last quarter. Squarepoint Ops LLC raised its position in shares of Trupanion by 0.7% during the 2nd quarter. Squarepoint Ops LLC now owns 71,382 shares of the financial services provider's stock valued at $1,768,000 after buying an additional 482 shares in the last quarter. Finally, Oregon Public Employees Retirement Fund raised its position in shares of Trupanion by 7.7% during the 3rd quarter. Oregon Public Employees Retirement Fund now owns 8,359 shares of the financial services provider's stock valued at $195,000 after buying an additional 600 shares in the last quarter.

Trupanion Company Profile

Trupanion provides medical insurance for cats and dogs, offering coverage for eligible veterinary care. Its products are designed to help pet owners manage unexpected costs from illnesses and injuries, subject to policy terms and exclusions. The company also provides software and payment services that enable participating veterinary practices to submit claims and receive payments directly, reducing the need for customers to pay covered costs upfront and seek reimbursement. Founded in 2000 and headquartered in Seattle, Trupanion serves customers in the United States and Canada.

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