Insider Selling: Trupanion, Inc. (NASDAQ:TRUP) COO Sells 4,000 Shares of Stock

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

Trupanion Stock Performance

NASDAQ TRUP traded up $1.88 on Friday, hitting $49.46. 363,283 shares of the company traded hands, compared to its average volume of 610,959. The company has a market capitalization of $2.12 billion, a price-to-earnings ratio of -215.04, a P/E/G ratio of 6.02 and a beta of 1.81. 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 business's 50 day moving average price is $40.75 and its 200-day moving average price is $43.80. Trupanion, Inc. has a 52-week low of $25.90 and a 52-week high of $57.90.

Trupanion (NASDAQ:TRUP - Get Free Report) last announced its quarterly earnings data on Thursday, May 1st. The financial services provider reported ($0.03) EPS 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 for the quarter, compared to the consensus estimate of $337.81 million. During the same period in the previous year, the business earned ($0.16) earnings per share. The business's revenue was up 11.7% on a year-over-year basis. Equities analysts expect that Trupanion, Inc. will post 0.13 earnings per share for the current year.

Hedge Funds Weigh In On Trupanion

Large investors have recently made changes to their positions in the business. SBI Securities Co. Ltd. purchased a new position in shares of Trupanion in the fourth quarter valued at about $25,000. Jones Financial Companies Lllp lifted its position 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 acquiring an additional 238 shares in the last quarter. Quarry LP purchased a new position in shares of Trupanion in the fourth quarter valued at about $39,000. AlphaQuest LLC lifted its position in shares of Trupanion by 940.6% in the first quarter. AlphaQuest LLC now owns 1,051 shares of the financial services provider's stock valued at $39,000 after acquiring an additional 950 shares in the last quarter. Finally, Aster Capital Management DIFC Ltd lifted its position in shares of Trupanion by 988.5% in the fourth 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 in the last quarter.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on TRUP shares. Lake Street Capital dropped their price target on Trupanion from $65.00 to $60.00 and set a "buy" rating on the stock in a research note on Friday, May 2nd. Piper Sandler lowered their target price on Trupanion from $57.00 to $52.00 and set an "overweight" rating on the stock in a research report on Thursday, February 20th. Finally, Stifel Nicolaus lowered 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 research analysts have rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, Trupanion currently has a consensus rating of "Moderate Buy" and an average price target of $51.80.

About Trupanion

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.