Raiffeisen Bank International AG Buys New Position in Trupanion, Inc. (NASDAQ:TRUP)

Raiffeisen Bank International AG bought a new stake in Trupanion, Inc. (NASDAQ:TRUP - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 51,245 shares of the financial services provider's stock, valued at approximately $2,505,000. Raiffeisen Bank International AG owned approximately 0.12% of Trupanion as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. lifted its holdings in shares of Trupanion by 1.3% during the 4th quarter. Vanguard Group Inc. now owns 3,596,725 shares of the financial services provider's stock valued at $173,362,000 after purchasing an additional 45,653 shares during the last quarter. Marshall Wace LLP increased its position in Trupanion by 6.9% during the 4th quarter. Marshall Wace LLP now owns 901,645 shares of the financial services provider's stock valued at $43,459,000 after buying an additional 57,804 shares in the last quarter. Balyasny Asset Management L.P. increased its position in Trupanion by 368.2% during the 4th quarter. Balyasny Asset Management L.P. now owns 841,254 shares of the financial services provider's stock valued at $40,548,000 after buying an additional 661,559 shares in the last quarter. Baillie Gifford & Co. raised its stake in Trupanion by 26.6% in the fourth quarter. Baillie Gifford & Co. now owns 701,366 shares of the financial services provider's stock valued at $33,806,000 after buying an additional 147,341 shares during the last quarter. Finally, Northern Trust Corp boosted its holdings in Trupanion by 9.0% in the fourth quarter. Northern Trust Corp now owns 368,236 shares of the financial services provider's stock worth $17,749,000 after acquiring an additional 30,549 shares in the last quarter.

Analyst Upgrades and Downgrades

TRUP has been the topic of several recent analyst reports. Piper Sandler cut their price objective on shares of Trupanion from $57.00 to $52.00 and set an "overweight" rating on the stock in a report on Thursday, February 20th. Stifel Nicolaus cut their price target on shares of Trupanion from $44.00 to $41.00 and set a "hold" rating on the stock in a research note on Thursday, February 20th. Finally, Lake Street Capital decreased their price target on shares of Trupanion from $65.00 to $60.00 and set a "buy" rating for the company in a report on Friday, May 2nd. Two 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 company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $51.80.

Trupanion Stock Performance

Shares of Trupanion stock traded down $1.18 on Wednesday, reaching $44.13. 181,719 shares of the stock were exchanged, compared to its average volume of 609,325. The business has a 50 day moving average price of $38.44 and a two-hundred day moving average price of $44.14. The firm has a market capitalization of $1.89 billion, a price-to-earnings ratio of -192.41, a PEG ratio of 6.02 and a beta of 1.72. Trupanion, Inc. has a twelve month low of $25.90 and a twelve month high of $57.90. The company has a quick ratio of 1.66, a current ratio of 1.71 and a debt-to-equity ratio of 0.39.

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

Insider Transactions at Trupanion

In related news, CFO Fawwad Qureshi sold 1,373 shares of the stock in a transaction on Wednesday, February 26th. The shares were sold at an average price of $34.22, for a total transaction of $46,984.06. Following the sale, 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 sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CEO Margaret Tooth sold 4,000 shares of the business's stock in a transaction that occurred on Monday, April 21st. The stock was sold at an average price of $33.34, for a total value of $133,360.00. Following the sale, the chief executive officer now owns 118,784 shares of the company's stock, valued at $3,960,258.56. The trade was a 3.26% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 33,792 shares of company stock worth $1,122,802 over the last quarter. 5.42% 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.