American Century Companies Inc. Takes $1.11 Million Position in Trupanion, Inc. (NASDAQ:TRUP)

American Century Companies Inc. bought a new stake in Trupanion, Inc. (NASDAQ:TRUP - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 23,041 shares of the financial services provider's stock, valued at approximately $1,111,000. American Century Companies Inc. owned 0.05% of Trupanion as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently made changes to their positions in the company. Jones Financial Companies Lllp boosted its position in Trupanion by 71.7% during the fourth quarter. Jones Financial Companies Lllp now owns 570 shares of the financial services provider's stock worth $27,000 after purchasing an additional 238 shares in the last quarter. GAMMA Investing LLC grew its stake in Trupanion by 18.5% in the 4th quarter. GAMMA Investing LLC now owns 1,709 shares of the financial services provider's stock valued at $82,000 after acquiring an additional 267 shares during the last quarter. SBI Securities Co. Ltd. purchased a new position in Trupanion during the 4th quarter valued at about $25,000. Swiss National Bank raised its position in Trupanion by 1.1% during the fourth quarter. Swiss National Bank now owns 66,310 shares of the financial services provider's stock worth $3,196,000 after acquiring an additional 700 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its holdings in shares of Trupanion by 2.7% in the third quarter. JPMorgan Chase & Co. now owns 28,317 shares of the financial services provider's stock valued at $1,189,000 after purchasing an additional 738 shares in the last quarter.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on TRUP. Stifel Nicolaus reduced their target price on Trupanion from $44.00 to $41.00 and set a "hold" rating on the stock in a research note on Thursday, February 20th. Piper Sandler dropped their price objective on Trupanion from $57.00 to $52.00 and set an "overweight" rating for the company in a research report on Thursday, February 20th. Two analysts have rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, Trupanion currently has a consensus rating of "Moderate Buy" and an average target price of $46.60.

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Insider Activity

In other Trupanion news, SVP Emily Dreyer sold 14,025 shares of the business's stock in a transaction that occurred on Friday, March 7th. The shares were sold at an average price of $32.41, for a total transaction of $454,550.25. Following the completion of the sale, the senior vice president now directly owns 27,645 shares in the company, valued at $895,974.45. The trade was a 33.66 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Fawwad Qureshi sold 1,373 shares of the firm's stock in a transaction on Wednesday, February 26th. The shares were sold at an average price of $34.22, for a total transaction of $46,984.06. Following the completion of the transaction, the chief financial officer now directly owns 2,416 shares in the company, valued at approximately $82,675.52. This represents a 36.24 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 29,792 shares of company stock valued at $989,442 in the last three months. Corporate insiders own 5.50% of the company's stock.

Trupanion Trading Down 0.5 %

Shares of TRUP traded down $0.17 during mid-day trading on Monday, hitting $35.45. The company had a trading volume of 526,694 shares, compared to its average volume of 657,792. Trupanion, Inc. has a 1-year low of $19.69 and a 1-year high of $57.90. The business's 50-day simple moving average is $37.85 and its 200-day simple moving average is $45.82. The stock has a market cap of $1.51 billion, a PE ratio of -154.13, a P/E/G ratio of 6.02 and a beta of 1.66. The company has a quick ratio of 1.66, a current ratio of 1.71 and a debt-to-equity ratio of 0.39.

Trupanion (NASDAQ:TRUP - Get Free Report) last announced its quarterly earnings data on Wednesday, February 19th. The financial services provider reported $0.04 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.06 by ($0.02). The company had revenue of $337.31 million for the quarter, compared to analysts' expectations of $335.41 million. Trupanion had a negative net margin of 0.75% and a negative return on equity of 3.08%. Sell-side analysts forecast that Trupanion, Inc. will post 0.13 earnings per share for the current year.

Trupanion 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.