Bartlett & CO. Wealth Management LLC Takes Position in Trupanion, Inc. (NASDAQ:TRUP)

Bartlett & CO. Wealth Management LLC acquired a new position in shares of Trupanion, Inc. (NASDAQ:TRUP - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 5,527 shares of the financial services provider's stock, valued at approximately $266,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of TRUP. FMR LLC lifted its stake in Trupanion by 55,963.7% in the third quarter. FMR LLC now owns 1,172,293 shares of the financial services provider's stock valued at $49,213,000 after purchasing an additional 1,170,202 shares during the last quarter. Renaissance Technologies LLC bought a new stake in shares of Trupanion during the 2nd quarter worth $4,739,000. Marshall Wace LLP boosted its holdings in shares of Trupanion by 11.9% in the 2nd quarter. Marshall Wace LLP now owns 1,094,589 shares of the financial services provider's stock worth $32,181,000 after purchasing an additional 116,496 shares in the last quarter. Barclays PLC boosted its stake in shares of Trupanion by 259.2% in the 3rd quarter. Barclays PLC now owns 65,498 shares of the financial services provider's stock valued at $2,750,000 after purchasing an additional 47,262 shares in the last quarter. Finally, OmniStar Financial Group Inc. bought a new position in shares of Trupanion during the third quarter valued at about $535,000.

Analyst Ratings Changes

Several research firms recently weighed in on TRUP. Piper Sandler upgraded shares of Trupanion from a "neutral" rating to an "overweight" rating and set a $57.00 price target on the stock in a report on Thursday. Stifel Nicolaus upped their price target on shares of Trupanion from $42.00 to $44.00 and gave the stock a "hold" rating in a research note on Monday, January 6th. Finally, Northland Securities upped their price target on Trupanion from $45.00 to $50.00 and gave the company a "market perform" rating in a report on Thursday, October 31st. Two analysts have rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, Trupanion has a consensus rating of "Moderate Buy" and a consensus target price of $45.33.

Insider Transactions at Trupanion

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 sale, the chief financial officer now owns 9,867 shares of the company's stock, valued at approximately $519,102.87. This represents a 5.93 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Emily Dreyer sold 900 shares of the company's stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $54.55, for a total transaction of $49,095.00. Following the sale, the senior vice president now owns 23,808 shares in the company, valued at $1,298,726.40. The trade was a 3.64 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 28,597 shares of company stock valued at $1,522,082 in the last three months. 5.50% of the stock is currently owned by company insiders.

Trupanion Trading Up 1.3 %

Shares of NASDAQ TRUP traded up $0.61 during trading hours on Friday, reaching $48.90. The stock had a trading volume of 433,178 shares, compared to its average volume of 482,245. The company has a current ratio of 1.66, a quick ratio of 1.66 and a debt-to-equity ratio of 0.40. Trupanion, Inc. has a 52-week low of $19.69 and a 52-week high of $57.90. The business's fifty day moving average price is $50.52 and its two-hundred day moving average price is $46.10. The firm has a market cap of $2.07 billion, a price-to-earnings ratio of -152.81, a P/E/G ratio of 8.11 and a beta of 1.61.

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