Trupanion (NASDAQ:TRUP) Stock: Insider Murray Low Sells 6,537 Shares

Key Points

• Director Murray Low sold 6,537 shares at an average price of $34.21, worth about $223,631. He retained 147,997 shares after reducing his position by 4.23%.
• Trupanion reported quarterly EPS of $0.21, beating the $0.17 analyst consensus, and revenue of $405.59 million, above expectations of $402.53 million.
• Analysts have a consensus Hold rating, with one Buy and five Hold ratings and an average price target of $40.

Trupanion, Inc. (NASDAQ:TRUP - Get Free Report) Director Murray Low sold 6,537 shares of the business's stock in a transaction on Tuesday, November 10th. The stock was sold at an average price of $34.21, for a total value of $223,630.77. Following the completion of the transaction, the director directly owned 147,997 shares in the company, valued at approximately $5,062,977.37. This represents a 4.23% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Trupanion Stock Performance

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

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

Analysts Set New Price Targets

TRUP has been the topic of several research reports. Weiss Ratings raised shares of Trupanion from a "hold (c-)" rating to a "hold (c)" rating in a research report on Tuesday, September 29th. Piper Sandler cut shares of Trupanion from an "overweight" rating to a "neutral" rating and dropped their target price for the company from $45.00 to $32.00 in a research note on Wednesday, August 26th. Zacks Research downgraded shares of Trupanion from a "strong-buy" rating to a "hold" rating in a research report on Monday, August 24th. Cantor Fitzgerald raised their price target on shares of Trupanion from $30.00 to $33.00 and gave the stock a "neutral" rating in a research note on Monday. Finally, Stifel Nicolaus lifted their price target on shares of Trupanion from $29.00 to $34.00 and gave the stock a "hold" rating in a report on Monday. One analyst has rated the stock with a Buy rating and five have given a Hold rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $40.00.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in TRUP. First Trust Advisors LP increased its holdings in Trupanion by 52.9% in the 3rd quarter. First Trust Advisors LP now owns 83,490 shares of the financial services provider's stock worth $1,950,000 after acquiring an additional 28,903 shares during the last quarter. Landscape Capital Management L.L.C. lifted its holdings in Trupanion by 27.8% during the third quarter. Landscape Capital Management L.L.C. now owns 132,191 shares of the financial services provider's stock valued at $3,088,000 after purchasing an additional 28,736 shares during the last quarter. Fifth Third Bancorp lifted its holdings in Trupanion by 4.0% during the third quarter. Fifth Third Bancorp now owns 7,772 shares of the financial services provider's stock valued at $182,000 after purchasing an additional 302 shares during the last quarter. Illinois Municipal Retirement Fund boosted its position in Trupanion by 22.8% during the third quarter. Illinois Municipal Retirement Fund now owns 20,635 shares of the financial services provider's stock worth $482,000 after purchasing an additional 3,833 shares during the period. Finally, Oregon Public Employees Retirement Fund increased its stake in shares of Trupanion by 7.7% in the third quarter. Oregon Public Employees Retirement Fund now owns 8,359 shares of the financial services provider's stock worth $195,000 after purchasing 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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