Insider Selling: Trupanion, Inc. (NASDAQ:TRUP) Insider Sells 5,000 Shares of Stock

Trupanion, Inc. (NASDAQ:TRUP - Get Free Report) insider Brenna Mcgibney sold 5,000 shares of the stock in a transaction that occurred on Friday, March 7th. The shares were sold at an average price of $32.99, for a total transaction of $164,950.00. Following the sale, the insider now directly owns 3,738 shares in the company, valued at $123,316.62. This trade represents a 57.22 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Trupanion Stock Up 2.3 %

Shares of TRUP stock traded up $0.74 on Tuesday, hitting $33.20. 586,401 shares of the stock were exchanged, compared to its average volume of 641,189. The firm has a market capitalization of $1.41 billion, a P/E ratio of -144.35, a price-to-earnings-growth ratio of 6.02 and a beta of 1.70. Trupanion, Inc. has a fifty-two week low of $19.69 and a fifty-two week high of $57.90. The business has a 50-day moving average of $43.80 and a 200 day moving average of $47.42. The company has a current ratio of 1.71, a quick ratio of 1.66 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 for the quarter, missing analysts' consensus estimates of $0.06 by ($0.02). The business had revenue of $337.31 million during the quarter, compared to the consensus estimate of $335.41 million. Trupanion had a negative net margin of 0.75% and a negative return on equity of 3.08%. Equities analysts anticipate that Trupanion, Inc. will post 0.13 EPS for the current year.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of Trupanion by 14.2% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 89,184 shares of the financial services provider's stock worth $4,299,000 after purchasing an additional 11,119 shares during the last quarter. Squarepoint Ops LLC lifted its stake in Trupanion by 32.5% in the fourth quarter. Squarepoint Ops LLC now owns 211,900 shares of the financial services provider's stock valued at $10,214,000 after acquiring an additional 52,031 shares during the last quarter. State of Wyoming increased its stake in shares of Trupanion by 111.4% during the 4th quarter. State of Wyoming now owns 11,158 shares of the financial services provider's stock worth $538,000 after purchasing an additional 5,880 shares during the last quarter. Sherbrooke Park Advisers LLC bought a new stake in shares of Trupanion in the 4th quarter valued at about $347,000. Finally, Raiffeisen Bank International AG acquired a new stake in Trupanion in the 4th quarter valued at about $2,505,000.

Wall Street Analyst Weigh In

TRUP has been the topic of several recent research reports. Stifel Nicolaus decreased their price target on Trupanion from $44.00 to $41.00 and set a "hold" rating on the stock in a report on Thursday, February 20th. Piper Sandler decreased their price objective on shares of Trupanion from $57.00 to $52.00 and set an "overweight" rating for the company in a report on Thursday, February 20th. Two equities research analysts have rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $46.60.

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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.

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