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

Key Points

• Trupanion, Inc. has an average recommendation of “Moderate Buy” from six brokerages, with three analysts advising to hold the stock and three suggesting a buy.
• The company reported $0.22 earnings per share for the last quarter, surpassing analyst expectations, and achieved a 12.3% year-over-year revenue growth.
• Recent insider trades included the CFO and COO selling shares, with total insider sales amounting to 7,562 shares worth $361,430 in the last three months.

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

TRUP has been the subject of a number of recent research reports. Cantor Fitzgerald upgraded Trupanion to a "hold" rating in a research note on Wednesday, August 13th. Stifel Nicolaus boosted their price objective on Trupanion from $41.00 to $45.00 and gave the company a "hold" rating in a research note on Friday, August 8th. Lake Street Capital cut their price objective on Trupanion from $65.00 to $60.00 and set a "buy" rating for the company in a research note on Friday, May 2nd. Finally, Piper Sandler boosted their price objective on Trupanion from $62.00 to $67.00 and gave the company an "overweight" rating in a research note on Friday, August 8th.

Insider Buying and Selling

In related news, CFO Fawwad Qureshi sold 2,534 shares of the business's stock in a transaction that occurred on Thursday, May 29th. The stock was sold at an average price of $48.31, for a total transaction of $122,417.54. Following the completion of the transaction, the chief financial officer directly owned 3,545 shares in the company, valued at approximately $171,258.95. The trade was a 41.68% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, COO John R. Gallagher sold 4,000 shares of the business's stock in a transaction that occurred on Thursday, May 29th. The shares were sold at an average price of $47.90, for a total value of $191,600.00. Following the transaction, the chief operating officer owned 26,966 shares of the company's stock, valued at approximately $1,291,671.40. This trade represents a 12.92% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 7,562 shares of company stock valued at $361,430. 5.42% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in TRUP. Wells Fargo & Company MN lifted its holdings in Trupanion by 44.1% in the 4th quarter. Wells Fargo & Company MN now owns 15,798 shares of the financial services provider's stock worth $761,000 after purchasing an additional 4,836 shares in the last quarter. Russell Investments Group Ltd. lifted its holdings in Trupanion by 41.8% in the 4th quarter. Russell Investments Group Ltd. now owns 9,172 shares of the financial services provider's stock worth $442,000 after purchasing an additional 2,706 shares in the last quarter. Invesco Ltd. lifted its holdings in Trupanion by 122.0% in the 4th quarter. Invesco Ltd. now owns 226,652 shares of the financial services provider's stock worth $10,925,000 after purchasing an additional 124,549 shares in the last quarter. Raymond James Financial Inc. purchased a new position in Trupanion in the 4th quarter worth approximately $593,000. Finally, First Trust Advisors LP purchased a new position in Trupanion in the 4th quarter worth approximately $7,083,000.

Trupanion Stock Performance

Shares of Trupanion stock traded down $1.10 during trading hours on Thursday, reaching $46.63. 483,502 shares of the stock traded hands, compared to its average volume of 558,249. The company has a 50 day moving average price of $50.91 and a 200 day moving average price of $44.06. The firm has a market capitalization of $2.00 billion, a price-to-earnings ratio of 179.35 and a beta of 1.78. Trupanion has a one year low of $31.00 and a one year high of $57.90. The company has a quick ratio of 1.69, a current ratio of 1.69 and a debt-to-equity ratio of 0.32.

Trupanion (NASDAQ:TRUP - Get Free Report) last released its quarterly earnings results 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. 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%.The business's quarterly revenue was up 12.3% compared to the same quarter last year. During the same period in the previous year, the company posted ($0.14) EPS. Trupanion has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, equities research analysts expect 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.