Trupanion, Inc. (NASDAQ:TRUP) Given Average Recommendation of "Moderate Buy" by Analysts

Shares of Trupanion, Inc. (NASDAQ:TRUP - Get Free Report) have received an average rating of "Moderate Buy" from the seven brokerages that are currently covering the firm, Marketbeat Ratings reports. Two 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. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $51.80.

A number of research firms have commented on TRUP. Stifel Nicolaus decreased 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. Piper Sandler decreased their price objective on Trupanion from $57.00 to $52.00 and set an "overweight" rating on the stock in a report on Thursday, February 20th. Finally, Lake Street Capital dropped their price target on shares of Trupanion from $65.00 to $60.00 and set a "buy" rating for the company in a research report on Friday, May 2nd.

Trupanion Stock Performance

Trupanion stock traded up $1.88 during trading hours on Friday, reaching $49.46. 363,283 shares of the stock were exchanged, compared to its average volume of 611,544. The stock has a market cap of $2.12 billion, a P/E ratio of -215.04, a P/E/G ratio of 6.02 and a beta of 1.81. Trupanion has a 52-week low of $25.90 and a 52-week high of $57.90. The firm's 50 day moving average is $41.00 and its 200 day moving average is $43.72. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.66 and a current ratio of 1.71.

Trupanion (NASDAQ:TRUP - Get Free Report) last released its earnings results on Thursday, May 1st. The financial services provider reported ($0.03) EPS for the quarter, beating analysts' consensus estimates 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 company had revenue of $341.98 million during the quarter, compared to the consensus estimate of $337.81 million. During the same quarter last year, the company earned ($0.16) earnings per share. Trupanion's quarterly revenue was up 11.7% compared to the same quarter last year. Analysts predict that Trupanion will post 0.13 EPS for the current fiscal year.

Insider Activity at Trupanion

In related news, CFO Fawwad Qureshi sold 828 shares of Trupanion stock in a transaction on Tuesday, May 27th. The shares were sold at an average price of $45.53, for a total transaction of $37,698.84. Following the sale, the chief financial officer now owns 6,079 shares of the company's stock, valued at $276,776.87. The trade was a 11.99% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Margaret Tooth sold 4,000 shares of the stock in a transaction dated Thursday, March 20th. The shares were sold at an average price of $37.17, for a total value of $148,680.00. Following the completion of the transaction, the chief executive officer now directly owns 118,784 shares of the company's stock, valued at $4,415,201.28. This represents a 3.26% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 19,362 shares of company stock worth $817,196. Corporate insiders own 5.42% of the company's stock.

Hedge Funds Weigh In On Trupanion

A number of hedge funds have recently bought and sold shares of the company. PNC Financial Services Group Inc. raised its stake in Trupanion by 11.8% during the first quarter. PNC Financial Services Group Inc. now owns 2,234 shares of the financial services provider's stock worth $83,000 after acquiring an additional 235 shares during the period. Jones Financial Companies Lllp boosted its stake in Trupanion by 71.7% during the 4th quarter. Jones Financial Companies Lllp now owns 570 shares of the financial services provider's stock valued at $27,000 after purchasing an additional 238 shares in the last quarter. Coppell Advisory Solutions LLC grew its holdings in Trupanion by 58.3% during the fourth quarter. Coppell Advisory Solutions LLC now owns 1,249 shares of the financial services provider's stock worth $61,000 after acquiring an additional 460 shares during the period. SBI Securities Co. Ltd. acquired a new position in shares of Trupanion in the 4th quarter worth approximately $25,000. Finally, Swiss National Bank increased its holdings in shares of Trupanion by 1.1% in the fourth quarter. Swiss National Bank now owns 66,310 shares of the financial services provider's stock valued at $3,196,000 after buying an additional 700 shares in the last quarter.

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.