Trupanion, Inc. (NASDAQ:TRUP) Shares Acquired by Invesco Ltd.

Invesco Ltd. increased its position in shares of Trupanion, Inc. (NASDAQ:TRUP - Free Report) by 122.0% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 226,652 shares of the financial services provider's stock after buying an additional 124,549 shares during the period. Invesco Ltd. owned about 0.54% of Trupanion worth $10,925,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. SBI Securities Co. Ltd. acquired a new stake in shares of Trupanion in the 4th quarter valued at $25,000. Jones Financial Companies Lllp lifted its holdings in Trupanion by 71.7% during the 4th quarter. Jones Financial Companies Lllp now owns 570 shares of the financial services provider's stock worth $27,000 after buying an additional 238 shares during the last quarter. Wilmington Savings Fund Society FSB acquired a new position in shares of Trupanion during the 3rd quarter worth about $54,000. Aster Capital Management DIFC Ltd increased its holdings in shares of Trupanion by 988.5% in the 4th quarter. Aster Capital Management DIFC Ltd now owns 1,132 shares of the financial services provider's stock valued at $55,000 after acquiring an additional 1,028 shares during the last quarter. Finally, KBC Group NV acquired a new stake in shares of Trupanion during the 4th quarter worth about $75,000.

Analyst Ratings Changes

TRUP has been the subject of several research analyst reports. Piper Sandler lowered their target price on shares of Trupanion from $57.00 to $52.00 and set an "overweight" rating for the company in a report on Thursday, February 20th. Stifel Nicolaus cut their target price on Trupanion from $44.00 to $41.00 and set a "hold" rating on the stock in a research report on Thursday, February 20th. Two equities research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $46.60.

Trupanion Stock Performance

Trupanion stock traded up $1.38 during mid-day trading on Monday, reaching $37.60. 531,926 shares of the company were exchanged, compared to its average volume of 656,644. The firm has a market cap of $1.60 billion, a PE ratio of -163.48, a price-to-earnings-growth ratio of 6.02 and a beta of 1.66. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.66 and a current ratio of 1.71. The firm's 50-day simple moving average is $35.20 and its two-hundred day simple moving average is $45.19. Trupanion, Inc. has a twelve month low of $19.69 and a twelve month high of $57.90.

Trupanion (NASDAQ:TRUP - Get Free Report) last posted its quarterly earnings data on Wednesday, February 19th. The financial services provider reported $0.04 earnings per share for the quarter, missing analysts' consensus estimates of $0.06 by ($0.02). Trupanion had a negative net margin of 0.75% and a negative return on equity of 3.08%. The firm had revenue of $337.31 million during the quarter, compared to analysts' expectations of $335.41 million. Equities analysts predict that Trupanion, Inc. will post 0.13 earnings per share for the current fiscal year.

Insider Activity

In related news, CEO Margaret Tooth sold 2,294 shares of the company's stock in a transaction that occurred on Tuesday, March 4th. The stock was sold at an average price of $31.39, for a total value of $72,008.66. Following the sale, the chief executive officer now owns 118,784 shares in the company, valued at $3,728,629.76. This represents a 1.89 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CFO Fawwad Qureshi sold 1,373 shares of Trupanion stock in a transaction on Wednesday, February 26th. The stock was sold at an average price of $34.22, for a total value of $46,984.06. Following the transaction, the chief financial officer now directly owns 2,416 shares of the company's stock, valued at approximately $82,675.52. This represents a 36.24 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 33,792 shares of company stock worth $1,122,802 in the last 90 days. 5.50% of the stock is currently owned by corporate insiders.

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.