Trupanion, Inc. (NASDAQ:TRUP) Position Increased by Dynamic Technology Lab Private Ltd

Dynamic Technology Lab Private Ltd grew its position in shares of Trupanion, Inc. (NASDAQ:TRUP - Free Report) by 108.0% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 24,022 shares of the financial services provider's stock after buying an additional 12,474 shares during the quarter. Dynamic Technology Lab Private Ltd owned 0.06% of Trupanion worth $1,158,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in the company. SBI Securities Co. Ltd. purchased a new position in Trupanion in the 4th quarter valued at approximately $25,000. Jones Financial Companies Lllp raised its stake in shares of Trupanion by 71.7% during the 4th quarter. Jones Financial Companies Lllp now owns 570 shares of the financial services provider's stock worth $27,000 after buying an additional 238 shares during the last quarter. Wilmington Savings Fund Society FSB purchased a new stake in shares of Trupanion in the 3rd quarter worth about $54,000. KBC Group NV acquired a new stake in Trupanion in the 4th quarter valued at about $75,000. Finally, R Squared Ltd purchased a new position in Trupanion during the 4th quarter valued at about $79,000.

Analysts Set New Price Targets

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

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Insider Activity

In related news, CFO Fawwad Qureshi sold 1,373 shares of the company's stock in a transaction on Wednesday, February 26th. The shares were sold at an average price of $34.22, for a total value of $46,984.06. Following the sale, the chief financial officer now directly owns 2,416 shares of the company's stock, valued at $82,675.52. This represents a 36.24 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP Emily Dreyer sold 14,025 shares of the stock in a transaction dated Friday, March 7th. The stock was sold at an average price of $32.41, for a total transaction of $454,550.25. Following the transaction, 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 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 stock traded down $0.19 during mid-day trading on Friday, hitting $34.78. 184,316 shares of the company's stock were exchanged, compared to its average volume of 654,951. The stock has a 50-day simple moving average of $38.09 and a two-hundred day simple moving average of $45.84. Trupanion, Inc. has a fifty-two week low of $19.69 and a fifty-two week high of $57.90. The stock has a market cap of $1.48 billion, a price-to-earnings ratio of -150.97, a PEG 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 released its earnings results on Wednesday, February 19th. The financial services provider reported $0.04 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.06 by ($0.02). The company had revenue of $337.31 million during 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%. Equities analysts expect that Trupanion, Inc. will post 0.13 EPS 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.