Jump Financial LLC Increases Stock Position in Trupanion, Inc. (NASDAQ:TRUP)

Jump Financial LLC increased its stake in shares of Trupanion, Inc. (NASDAQ:TRUP - Free Report) by 169.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 68,754 shares of the financial services provider's stock after buying an additional 43,262 shares during the quarter. Jump Financial LLC owned about 0.16% of Trupanion worth $3,314,000 at the end of the most recent reporting period.

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

Trupanion Stock Performance

Shares of NASDAQ TRUP traded up $1.33 during midday trading on Wednesday, hitting $36.31. The company's stock had a trading volume of 147,957 shares, compared to its average volume of 652,467. Trupanion, Inc. has a one year low of $19.69 and a one year high of $57.90. The stock has a fifty day moving average price of $36.18 and a 200 day moving average price of $45.44. The company has a current ratio of 1.71, a quick ratio of 1.66 and a debt-to-equity ratio of 0.39. The firm has a market capitalization of $1.54 billion, a price-to-earnings ratio of -157.87, a P/E/G ratio of 6.02 and a beta of 1.66.

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

Wall Street Analyst Weigh In

A number of research firms recently weighed in on TRUP. Piper Sandler dropped their price target on Trupanion from $57.00 to $52.00 and set an "overweight" rating on the stock in a research note on Thursday, February 20th. Stifel Nicolaus reduced their price objective on Trupanion from $44.00 to $41.00 and set a "hold" rating for the company in a research note on Thursday, February 20th. Two equities research analysts have rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $46.60.

Insiders Place Their Bets

In other news, SVP Emily Dreyer sold 14,025 shares of the business's stock in a transaction that occurred on Friday, March 7th. The shares were sold at an average price of $32.41, for a total value of $454,550.25. Following the completion of the sale, the senior vice president now directly owns 27,645 shares in the company, valued at approximately $895,974.45. The trade was a 33.66 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Margaret Tooth sold 2,294 shares of the firm's stock in a transaction dated Tuesday, March 4th. The shares were sold at an average price of $31.39, for a total value of $72,008.66. Following the transaction, the chief executive officer now directly owns 118,784 shares in the company, valued at $3,728,629.76. This trade represents a 1.89 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 29,792 shares of company stock worth $989,442 in the last ninety days. 5.50% of the stock is currently owned by insiders.

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.