Trupanion (NASDAQ:TRUP) Shares Down 4.4% - Should You Sell?

Key Points

• Trupanion's stock (NASDAQ:TRUP) experienced a decline of 4.4%, closing at $41.56, with trading volume dropping by 90% compared to the average.
• Analysts maintain a mixed outlook with a consensus rating of "Hold" and an average price target of $53.80, while some firms have recently upgraded their ratings.
• Trupanion reported a positive quarterly earnings performance, posting earnings of $0.22 per share and a 12.3% year-over-year revenue increase.

Trupanion, Inc. (NASDAQ:TRUP - Get Free Report)'s share price fell 4.4% during trading on Monday . The stock traded as low as $42.05 and last traded at $41.56. 55,479 shares changed hands during trading, a decline of 90% from the average session volume of 571,305 shares. The stock had previously closed at $43.48.

Wall Street Analysts Forecast Growth

Several analysts recently commented on TRUP shares. Stifel Nicolaus boosted their price objective on shares of Trupanion from $41.00 to $45.00 and gave the stock a "hold" rating in a report on Friday, August 8th. Weiss Ratings reaffirmed a "hold (c-)" rating on shares of Trupanion in a research report on Saturday, September 27th. Cantor Fitzgerald upgraded Trupanion to a "hold" rating in a research note on Wednesday, August 13th. Finally, Piper Sandler raised their price target on shares of Trupanion from $62.00 to $67.00 and gave the stock an "overweight" rating in a research report on Friday, August 8th. Two analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, Trupanion currently has an average rating of "Hold" and an average price target of $53.80.

Trupanion Price Performance

The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.69 and a current ratio of 1.69. The company has a 50-day simple moving average of $45.99 and a two-hundred day simple moving average of $45.34. The stock has a market cap of $1.81 billion, a price-to-earnings ratio of 161.78 and a beta of 1.83.

Trupanion (NASDAQ:TRUP - Get Free Report) last released 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. The company had revenue of $353.56 million during the quarter, compared to analysts' expectations of $346.73 million. Trupanion had a return on equity of 3.31% and a net margin of 0.81%.The business's revenue was up 12.3% on a year-over-year basis. During the same period last year, the firm posted ($0.14) earnings per share. Trupanion has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. As a group, equities research analysts forecast that Trupanion, Inc. will post 0.13 EPS for the current year.

Insider Activity at Trupanion

In other Trupanion news, Director Darryl Rawlings sold 30,369 shares of the stock in a transaction that occurred on Thursday, September 4th. The stock was sold at an average price of $44.70, for a total transaction of $1,357,494.30. Following the transaction, the director directly owned 1,413,281 shares in the company, valued at approximately $63,173,660.70. This represents a 2.10% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Fawwad Qureshi sold 2,800 shares of the business's stock in a transaction that occurred on Tuesday, August 26th. The shares were sold at an average price of $45.56, for a total value of $127,568.00. Following the sale, the chief financial officer owned 6,451 shares of the company's stock, valued at approximately $293,907.56. This represents a 30.27% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 61,761 shares of company stock valued at $2,739,621 over the last ninety days. 5.42% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Trupanion

Hedge funds have recently made changes to their positions in the business. Wellington Management Group LLP lifted its holdings in Trupanion by 13.2% during the 1st quarter. Wellington Management Group LLP now owns 2,491,227 shares of the financial services provider's stock worth $92,848,000 after purchasing an additional 290,788 shares in the last quarter. State Street Corp boosted its stake in Trupanion by 2.6% during 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 in the last quarter. Geode Capital Management LLC boosted its stake in Trupanion by 7.0% in the 2nd quarter. Geode Capital Management LLC now owns 860,988 shares of the financial services provider's stock worth $47,662,000 after purchasing an additional 56,671 shares in the last quarter. Balyasny Asset Management L.P. lifted its stake in Trupanion by 8.1% during the 2nd quarter. Balyasny Asset Management L.P. now owns 449,106 shares of the financial services provider's stock valued at $24,858,000 after acquiring an additional 33,650 shares during the period. Finally, Hosking Partners LLP increased its position 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 acquiring an additional 184,936 shares during the last quarter.

Trupanion Company Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.