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

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).

Shares of Trupanion, Inc. (NASDAQ:TRUP - Get Free Report) have been assigned an average recommendation of "Moderate Buy" from the six research firms that are presently covering the stock, Marketbeat reports. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is $54.1667.

Several research analysts have recently weighed in on TRUP shares. Piper Sandler boosted their price target on Trupanion from $62.00 to $67.00 and gave the stock an "overweight" rating in a research note on Friday, August 8th. Stifel Nicolaus boosted their price target on Trupanion from $41.00 to $45.00 and gave the stock a "hold" rating in a research note on Friday, August 8th. Finally, Cantor Fitzgerald upgraded Trupanion to a "hold" rating in a research note on Wednesday, August 13th.

Insider Buying and Selling at Trupanion

In other news, Director Darryl Rawlings sold 30,369 shares of the business's stock in a transaction on Thursday, September 4th. The stock was sold at an average price of $44.70, for a total value of $1,357,494.30. Following the completion of the transaction, the director owned 1,413,281 shares in the company, valued at $63,173,660.70. The trade was a 2.10% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Fawwad Qureshi sold 2,800 shares of Trupanion stock in a transaction on Tuesday, August 26th. The stock was sold at an average price of $45.56, for a total value 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. The trade was a 30.27% decrease in their position. The disclosure for this sale can be found here. Insiders sold 52,800 shares of company stock valued at $2,364,335 in the last 90 days. Company insiders own 5.42% of the company's stock.

Institutional Trading of Trupanion

Several large investors have recently modified their holdings of the company. Wellington Management Group LLP grew its holdings in shares of Trupanion by 13.2% in the first quarter. Wellington Management Group LLP now owns 2,491,227 shares of the financial services provider's stock worth $92,848,000 after acquiring an additional 290,788 shares during the period. State Street Corp grew its holdings in shares of Trupanion by 2.6% in the second quarter. State Street Corp now owns 1,285,419 shares of the financial services provider's stock worth $71,148,000 after acquiring an additional 32,839 shares during the period. Geode Capital Management LLC grew its holdings in shares of Trupanion by 7.0% in the second quarter. Geode Capital Management LLC now owns 860,988 shares of the financial services provider's stock worth $47,662,000 after acquiring an additional 56,671 shares during the period. Balyasny Asset Management L.P. grew its holdings in Trupanion by 8.1% during the second quarter. Balyasny Asset Management L.P. now owns 449,106 shares of the financial services provider's stock valued at $24,858,000 after purchasing an additional 33,650 shares during the period. Finally, Hosking Partners LLP grew its holdings in Trupanion by 86.9% during the first quarter. Hosking Partners LLP now owns 397,656 shares of the financial services provider's stock valued at $14,821,000 after purchasing an additional 184,936 shares during the period.

Trupanion Stock Up 0.1%

Shares of NASDAQ:TRUP opened at $43.50 on Monday. The stock has a fifty day simple moving average of $48.00 and a two-hundred day simple moving average of $44.32. The stock has a market capitalization of $1.87 billion, a price-to-earnings ratio of 167.31 and a beta of 1.72. Trupanion has a 12-month low of $31.00 and a 12-month high of $57.90. The company has a current ratio of 1.69, a quick ratio of 1.69 and a debt-to-equity ratio of 0.32.

Trupanion (NASDAQ:TRUP - Get Free Report) last announced its quarterly earnings data on Thursday, August 7th. The financial services provider reported $0.22 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.03) by $0.25. Trupanion had a return on equity of 3.31% and a net margin of 0.81%.The business had revenue of $353.56 million during the quarter, compared to analysts' expectations of $346.73 million. During the same quarter in the previous year, the business earned ($0.14) earnings per share. The firm's quarterly revenue was up 12.3% compared to the same quarter last year. Trupanion has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, research analysts anticipate that Trupanion will post 0.13 earnings per share for the current fiscal year.

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.

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