Insider Selling: Trupanion, Inc. (NASDAQ:TRUP) COO Sells $191,600.00 in Stock

Trupanion, Inc. (NASDAQ:TRUP - Get Free Report) COO John R. Gallagher sold 4,000 shares of Trupanion stock in a transaction that occurred on Thursday, May 29th. The stock was sold at an average price of $47.90, for a total transaction of $191,600.00. Following the completion of the transaction, the chief operating officer now directly owns 26,966 shares in the company, valued at approximately $1,291,671.40. The trade was a 12.92% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Trupanion Trading Up 0.4%

Shares of NASDAQ TRUP traded up $0.19 during midday trading on Thursday, reaching $48.34. 141,818 shares of the stock were exchanged, compared to its average volume of 608,901. The stock has a market capitalization of $2.07 billion, a P/E ratio of -210.17, 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 debt-to-equity ratio of 0.39, a quick ratio of 1.66 and a current ratio of 1.71. The company has a 50 day simple moving average of $40.55 and a 200 day simple moving average of $43.83.

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

Institutional Trading of Trupanion

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in TRUP. PNC Financial Services Group Inc. increased its holdings in shares of Trupanion by 11.8% in the 1st quarter. PNC Financial Services Group Inc. now owns 2,234 shares of the financial services provider's stock valued at $83,000 after acquiring an additional 235 shares during the period. Jones Financial Companies Lllp lifted its holdings in shares of Trupanion by 71.7% in the 4th 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. Coppell Advisory Solutions LLC boosted its stake in shares of Trupanion by 58.3% in the fourth quarter. Coppell Advisory Solutions LLC now owns 1,249 shares of the financial services provider's stock valued at $61,000 after buying an additional 460 shares in the last quarter. SBI Securities Co. Ltd. acquired a new position in Trupanion during the fourth quarter worth $25,000. Finally, Swiss National Bank raised its position in Trupanion by 1.1% in the fourth quarter. Swiss National Bank now owns 66,310 shares of the financial services provider's stock worth $3,196,000 after acquiring an additional 700 shares in the last quarter.

Analyst Upgrades and Downgrades

TRUP has been the subject of a number of analyst reports. Piper Sandler decreased their price target on Trupanion from $57.00 to $52.00 and set an "overweight" rating for the company in a report on Thursday, February 20th. Stifel Nicolaus lowered their price target on 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 reduced their price objective on Trupanion from $65.00 to $60.00 and set a "buy" rating for the company in a research note 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.com, Trupanion has a consensus rating of "Moderate Buy" and a consensus price target of $51.80.

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.