Ameritas Advisory Services LLC Takes Position in Trupanion, Inc. (NASDAQ:TRUP)

Ameritas Advisory Services LLC acquired a new stake in shares of Trupanion, Inc. (NASDAQ:TRUP - Free Report) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 8,070 shares of the financial services provider's stock, valued at approximately $389,000.

Several other hedge funds also recently added to or reduced their stakes in TRUP. Quest Partners LLC acquired a new stake in shares of Trupanion during the third quarter worth $37,000. Wilmington Savings Fund Society FSB bought a new position in Trupanion during the 3rd quarter worth $54,000. GAMMA Investing LLC increased its position in Trupanion by 70.4% in the third quarter. GAMMA Investing LLC now owns 1,442 shares of the financial services provider's stock worth $61,000 after buying an additional 596 shares during the period. Entropy Technologies LP bought a new stake in Trupanion in the third quarter valued at $202,000. Finally, Mutual of America Capital Management LLC acquired a new position in shares of Trupanion during the third quarter valued at $210,000.

Analyst Upgrades and Downgrades

TRUP has been the subject of a number of analyst reports. Piper Sandler raised shares of Trupanion from a "neutral" rating to an "overweight" rating and set a $57.00 target price for the company in a research note on Thursday. Stifel Nicolaus boosted their price objective on Trupanion from $42.00 to $44.00 and gave the stock a "hold" rating in a research report on Monday, January 6th. Finally, Northland Securities raised their target price on Trupanion from $45.00 to $50.00 and gave the company a "market perform" rating in a research report on Thursday, October 31st. Two research 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 stock. Based on data from MarketBeat, Trupanion currently has an average rating of "Moderate Buy" and a consensus price target of $45.33.

Trupanion Price Performance

Shares of Trupanion stock traded up $0.39 on Friday, hitting $48.68. The company had a trading volume of 294,564 shares, compared to its average volume of 583,708. Trupanion, Inc. has a 52 week low of $19.69 and a 52 week high of $57.90. The company has a market cap of $2.06 billion, a PE ratio of -151.89, a PEG ratio of 8.11 and a beta of 1.61. The business has a 50-day simple moving average of $50.60 and a 200-day simple moving average of $45.97. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.66 and a quick ratio of 1.66.

Trupanion (NASDAQ:TRUP - Get Free Report) last issued its quarterly earnings results on Wednesday, October 30th. The financial services provider reported $0.03 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.06) by $0.09. The company had revenue of $327.50 million for the quarter, compared to analysts' expectations of $321.79 million. Trupanion had a negative return on equity of 4.36% and a negative net margin of 1.08%. The firm's revenue for the quarter was up 14.6% on a year-over-year basis. During the same period last year, the firm earned ($0.10) EPS. Research analysts expect that Trupanion, Inc. will post -0.2 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, CFO Fawwad Qureshi sold 622 shares of the company's stock in a transaction on Tuesday, November 26th. The stock was sold at an average price of $52.61, for a total transaction of $32,723.42. Following the completion of the sale, the chief financial officer now directly owns 9,867 shares of the company's stock, valued at $519,102.87. This represents a 5.93 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, SVP Emily Dreyer sold 3,100 shares of the stock in a transaction on Friday, November 22nd. The shares were sold at an average price of $54.85, for a total value of $170,035.00. Following the completion of the transaction, the senior vice president now owns 24,708 shares of the company's stock, valued at $1,355,233.80. This trade represents a 11.15 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 28,597 shares of company stock worth $1,522,082. 5.50% of the stock is owned by corporate insiders.

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.