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Brokerages Set Trupanion, Inc. (NASDAQ:TRUP) Price Target at $54.17

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Key Points

  • Trupanion, Inc. has received a consensus recommendation of "Moderate Buy" from six research firms, with an average target price of $54.17.
  • Insider transactions revealed that Director Darryl Rawlings sold over 30,000 shares, decreasing his ownership by 2.10%, while CFO Fawwad Qureshi also sold shares, reducing his position by 30.27%.
  • Trupanion's latest quarterly report showed a 12.3% revenue increase year-over-year, with reported earnings per share (EPS) of $0.22, surpassing expectations of ($0.03).
  • MarketBeat previews top five stocks to own in November.

Trupanion, Inc. (NASDAQ:TRUP - Get Free Report) has earned a consensus rating of "Moderate Buy" from the six ratings firms that are covering the company, Marketbeat reports. Three analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is $54.1667.

Several equities analysts recently commented on the company. Stifel Nicolaus raised their target price on Trupanion from $41.00 to $45.00 and gave the stock a "hold" rating in a research report on Friday, August 8th. Piper Sandler raised their price target on Trupanion from $62.00 to $67.00 and gave the company an "overweight" rating in a report on Friday, August 8th. Finally, Cantor Fitzgerald raised Trupanion to a "hold" rating in a report on Wednesday, August 13th.

View Our Latest Research Report on Trupanion

Trupanion Price Performance

Shares of Trupanion stock traded down $0.49 during midday trading on Monday, hitting $44.33. 112,493 shares of the company were exchanged, compared to its average volume of 583,758. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.69 and a quick ratio of 1.69. The firm has a market cap of $1.91 billion, a P/E ratio of 170.21 and a beta of 1.72. Trupanion has a 52 week low of $31.00 and a 52 week high of $57.90. The firm has a 50 day simple moving average of $47.41 and a 200-day simple moving average of $44.48.

Trupanion (NASDAQ:TRUP - Get Free Report) last posted its earnings results on Thursday, August 7th. The financial services provider reported $0.22 EPS for the quarter, topping the consensus estimate of ($0.03) by $0.25. The business had revenue of $353.56 million during the quarter, compared to the consensus estimate of $346.73 million. Trupanion had a return on equity of 3.31% and a net margin of 0.81%.Trupanion's revenue was up 12.3% on a year-over-year basis. During the same quarter last year, the company earned ($0.14) EPS. Trupanion has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Research analysts forecast that Trupanion will post 0.13 earnings per share for the current year.

Insiders Place Their Bets

In related news, CFO Fawwad Qureshi sold 2,800 shares of the firm's stock in a transaction on Tuesday, August 26th. The stock was sold at an average price of $45.56, for a total transaction of $127,568.00. Following the completion of the sale, the chief financial officer directly owned 6,451 shares of the company's stock, valued at $293,907.56. This trade represents a 30.27% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Darryl Rawlings sold 30,369 shares of Trupanion stock in a transaction on Thursday, September 4th. The shares were sold at an average price of $44.70, for a total value of $1,357,494.30. Following the completion of the sale, the director directly owned 1,413,281 shares of the company's stock, valued at $63,173,660.70. This trade represents a 2.10% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 52,800 shares of company stock valued at $2,364,335 over the last ninety days. Insiders own 5.42% of the company's stock.

Institutional Investors Weigh In On Trupanion

Several hedge funds and other institutional investors have recently made changes to their positions in TRUP. AlphaQuest LLC increased its stake in shares of Trupanion by 940.6% in the 1st quarter. AlphaQuest LLC now owns 1,051 shares of the financial services provider's stock valued at $39,000 after buying an additional 950 shares during the period. Nisa Investment Advisors LLC increased its stake in shares of Trupanion by 44.1% in the 2nd quarter. Nisa Investment Advisors LLC now owns 980 shares of the financial services provider's stock valued at $54,000 after buying an additional 300 shares during the period. PNC Financial Services Group Inc. increased its stake 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 buying an additional 235 shares during the period. GAMMA Investing LLC increased its stake in shares of Trupanion by 30.1% in the 2nd quarter. GAMMA Investing LLC now owns 2,133 shares of the financial services provider's stock valued at $118,000 after buying an additional 494 shares during the period. Finally, Lake Hills Wealth Management LLC acquired a new stake in shares of Trupanion in the 2nd quarter valued at $204,000.

Trupanion Company Profile

(Get Free Report)

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.

Further Reading

Analyst Recommendations for Trupanion (NASDAQ:TRUP)

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