Trupanion, Inc. (NASDAQ:TRUP) Given Consensus Rating of "Hold" by Brokerages

Key Points

• Analysts have given Trupanion an average "Hold" rating from six covering firms (1 sell, 3 hold, 2 buy) with an average 1-year price target of $44.50.
• Insiders sold a total of 21,502 shares worth $580,315 last quarter (including CFO Fawwad Qureshi and COO John R. Gallagher); insiders now own 5.42% of the company.
• Trupanion reported Q4 EPS $0.13 (missed by $0.01) and revenue of $376.85M (up 11.7% YoY); shares recently traded around $25.79 with a market cap of $1.12B and a P/E of 57.31.

Shares of Trupanion, Inc. (NASDAQ:TRUP - Get Free Report) have received an average recommendation of "Hold" from the six ratings firms that are currently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, three have given a hold recommendation and two have given a buy recommendation to the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $44.50.

Several research analysts have issued reports on the stock. Zacks Research downgraded shares of Trupanion from a "strong-buy" rating to a "hold" rating in a research report on Friday, February 13th. Piper Sandler lowered their target price on shares of Trupanion from $60.00 to $45.00 and set an "overweight" rating on the stock in a report on Friday, February 13th. Stifel Nicolaus lowered their target price on shares of Trupanion from $35.00 to $31.00 and set a "hold" rating on the stock in a report on Tuesday, March 31st. Weiss Ratings downgraded shares of Trupanion from a "hold (c-)" rating to a "sell (d+)" rating in a report on Wednesday, March 4th. Finally, Cantor Fitzgerald lowered their target price on shares of Trupanion from $50.00 to $42.00 and set a "neutral" rating on the stock in a report on Wednesday, January 14th.

Insider Activity

In other news, CFO Fawwad Qureshi sold 2,837 shares of Trupanion stock in a transaction dated Friday, February 27th. The shares were sold at an average price of $26.46, for a total value of $75,067.02. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, COO John R. Gallagher sold 5,283 shares of Trupanion stock in a transaction dated Friday, February 27th. The shares were sold at an average price of $26.52, for a total transaction of $140,105.16. Following the completion of the sale, the chief operating officer directly owned 32,387 shares in the company, valued at approximately $858,903.24. The trade was a 14.02% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 21,502 shares of company stock valued at $580,315 over the last quarter. Corporate insiders own 5.42% of the company's stock.

Institutional Trading of Trupanion

Several hedge funds and other institutional investors have recently made changes to their positions in TRUP. Federated Hermes Inc. purchased a new stake in shares of Trupanion in the third quarter valued at about $33,000. Pilgrim Partners Asia Pte Ltd acquired a new position in Trupanion during the third quarter worth about $39,000. Kemnay Advisory Services Inc. acquired a new position in Trupanion during the fourth quarter worth about $64,000. Kelleher Financial Advisors acquired a new position in Trupanion during the third quarter worth about $74,000. Finally, PNC Financial Services Group Inc. grew its position in Trupanion by 21.7% during the third quarter. PNC Financial Services Group Inc. now owns 2,678 shares of the financial services provider's stock worth $116,000 after buying an additional 478 shares during the period.

Trupanion Trading Up 0.5%

Shares of Trupanion stock opened at $25.79 on Tuesday. Trupanion has a 1 year low of $24.32 and a 1 year high of $57.88. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.69 and a current ratio of 1.69. The company has a market capitalization of $1.12 billion, a P/E ratio of 57.31 and a beta of 1.66. The company's fifty day moving average is $28.04 and its two-hundred day moving average is $34.92.

Trupanion (NASDAQ:TRUP - Get Free Report) last issued its quarterly earnings data on Thursday, February 12th. The financial services provider reported $0.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.14 by ($0.01). Trupanion had a return on equity of 5.39% and a net margin of 1.35%.The business had revenue of $376.85 million for the quarter, compared to analysts' expectations of $375.89 million. During the same period in the previous year, the business posted $0.04 earnings per share. The company's revenue for the quarter was up 11.7% on a year-over-year basis. Analysts forecast that Trupanion will post 0.13 earnings per share for the current year.

About Trupanion

Trupanion, Inc is a pet medical insurance company that provides comprehensive insurance coverage for cats and dogs. The company's core offering is a single, customizable medical policy designed to cover veterinary diagnostic tests, surgeries, hospital stays and congenital or hereditary conditions. Trupanion seeks to streamline the claims process by offering direct payment options to participating veterinarians, reducing the need for upfront payments by pet owners.

Founded in 1999 by Darryl Rawlings and headquartered in Seattle, Washington, Trupanion began operations in the early 2000s and has grown its presence through both digital channels and partnerships with veterinary hospitals.

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