Polar Capital Holdings Plc Has $60.25 Million Stock Holdings in Trupanion, Inc. (NASDAQ:TRUP)

Polar Capital Holdings Plc cut its stake in shares of Trupanion, Inc. (NASDAQ:TRUP - Free Report) by 3.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,250,000 shares of the financial services provider's stock after selling 50,000 shares during the quarter. Polar Capital Holdings Plc owned 2.95% of Trupanion worth $60,250,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Amundi boosted its position in shares of Trupanion by 193.2% during the 4th quarter. Amundi now owns 16,828 shares of the financial services provider's stock worth $784,000 after purchasing an additional 11,088 shares in the last quarter. Barclays PLC boosted its position in shares of Trupanion by 259.2% in the third quarter. Barclays PLC now owns 65,498 shares of the financial services provider's stock valued at $2,750,000 after acquiring an additional 47,262 shares during the period. Vanguard Group Inc. boosted its position in shares of Trupanion by 1.3% in the fourth quarter. Vanguard Group Inc. now owns 3,596,725 shares of the financial services provider's stock valued at $173,362,000 after acquiring an additional 45,653 shares during the period. Wealthfront Advisers LLC bought a new stake in shares of Trupanion during the 4th quarter worth $845,000. Finally, Dimensional Fund Advisors LP lifted its holdings in shares of Trupanion by 112.2% in the 4th quarter. Dimensional Fund Advisors LP now owns 273,910 shares of the financial services provider's stock worth $13,204,000 after acquiring an additional 144,828 shares during the last quarter.

Trupanion Stock Down 0.9%

Shares of TRUP stock traded down $0.43 during trading hours on Tuesday, reaching $45.73. 126,515 shares of the stock were exchanged, compared to its average volume of 612,008. The business's fifty day moving average is $38.21 and its two-hundred day moving average is $44.13. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.71 and a quick ratio of 1.66. Trupanion, Inc. has a 12-month low of $25.90 and a 12-month high of $57.90. The firm has a market capitalization of $1.96 billion, a P/E ratio of -198.80, a P/E/G ratio of 6.02 and a beta of 1.72.

Trupanion (NASDAQ:TRUP - Get Free Report) last posted its quarterly earnings data on Thursday, May 1st. The financial services provider reported ($0.03) earnings per share for the quarter, beating the consensus estimate of ($0.05) by $0.02. Trupanion had a negative return on equity of 3.08% and a negative net margin of 0.75%. The business had revenue of $341.98 million during the quarter, compared to the consensus estimate of $337.81 million. During the same period in the prior year, the company earned ($0.16) earnings per share. The company's revenue was up 11.7% compared to the same quarter last year. As a group, research analysts expect that Trupanion, Inc. will post 0.13 EPS for the current fiscal year.

Insider Activity

In related news, SVP Emily Dreyer sold 14,025 shares of the business's stock in a transaction that occurred on Friday, March 7th. The stock was sold at an average price of $32.41, for a total transaction of $454,550.25. Following the transaction, the senior vice president now directly owns 27,645 shares of the company's stock, valued at approximately $895,974.45. The trade was a 33.66% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CFO Fawwad Qureshi sold 1,373 shares of Trupanion stock in a transaction that occurred 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 sale, the chief financial officer now owns 2,416 shares in the company, valued at $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 a total of 33,792 shares of company stock worth $1,122,802 over the last 90 days. 5.42% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

TRUP has been the topic of several research reports. Piper Sandler dropped their price objective on shares of 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 lowered their price objective on shares of Trupanion from $44.00 to $41.00 and set a "hold" rating for the company in a research report on Thursday, February 20th. Finally, Lake Street Capital cut their price objective on shares of Trupanion from $65.00 to $60.00 and set a "buy" rating on the stock in a research report on Friday, May 2nd. Two equities research analysts have rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, Trupanion has an average rating of "Moderate Buy" and a consensus price target of $51.80.

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.