Trupanion, Inc. (NASDAQ:TRUP) Stock Holdings Lifted by Marshall Wace LLP

Marshall Wace LLP increased its holdings in shares of Trupanion, Inc. (NASDAQ:TRUP - Free Report) by 11.9% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,094,589 shares of the financial services provider's stock after acquiring an additional 116,496 shares during the period. Marshall Wace LLP owned approximately 2.61% of Trupanion worth $32,181,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of TRUP. Louisiana State Employees Retirement System grew its stake in Trupanion by 2.8% during the 2nd quarter. Louisiana State Employees Retirement System now owns 18,200 shares of the financial services provider's stock valued at $535,000 after acquiring an additional 500 shares in the last quarter. Texas Permanent School Fund Corp grew its position in shares of Trupanion by 1.8% in the 1st quarter. Texas Permanent School Fund Corp now owns 31,269 shares of the financial services provider's stock valued at $863,000 after buying an additional 561 shares during the last quarter. WINTON GROUP Ltd increased its position in shares of Trupanion by 1.9% during the second quarter. WINTON GROUP Ltd now owns 37,673 shares of the financial services provider's stock worth $1,108,000 after purchasing an additional 685 shares in the last quarter. CANADA LIFE ASSURANCE Co grew its holdings in shares of Trupanion by 2.0% during the first quarter. CANADA LIFE ASSURANCE Co now owns 43,060 shares of the financial services provider's stock worth $1,188,000 after buying an additional 830 shares during the last quarter. Finally, State Board of Administration of Florida Retirement System lifted its position in Trupanion by 12.6% during the 1st quarter. State Board of Administration of Florida Retirement System now owns 12,726 shares of the financial services provider's stock worth $351,000 after acquiring an additional 1,420 shares during the period.

Analyst Ratings Changes

Several research firms have recently commented on TRUP. Evercore ISI upgraded shares of Trupanion to a "strong-buy" rating in a research report on Friday, August 9th. William Blair began coverage on Trupanion in a report on Friday, July 19th. They issued an "outperform" rating for the company. Bank of America increased their price objective on Trupanion from $47.00 to $56.00 and gave the company a "buy" rating in a research note on Friday, September 20th. Piper Sandler lifted their price target on shares of Trupanion from $30.00 to $38.00 and gave the stock a "neutral" rating in a report on Friday, August 9th. Finally, Stifel Nicolaus upped their price objective on shares of Trupanion from $30.00 to $40.00 and gave the company a "hold" rating in a research note on Monday. Four analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $40.67.

Trupanion Stock Up 0.1 %

Shares of NASDAQ:TRUP traded up $0.03 during midday trading on Friday, reaching $42.75. The company had a trading volume of 100,804 shares, compared to its average volume of 691,628. The stock has a market capitalization of $1.80 billion, a P/E ratio of -67.45 and a beta of 1.74. The stock's fifty day moving average price is $41.23 and its 200-day moving average price is $32.08. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.63 and a quick ratio of 1.63. Trupanion, Inc. has a one year low of $19.14 and a one year high of $49.14.

Trupanion (NASDAQ:TRUP - Get Free Report) last released its earnings results on Thursday, August 8th. The financial services provider reported ($0.14) earnings per share for the quarter, beating the consensus estimate of ($0.18) by $0.04. Trupanion had a negative net margin of 1.57% and a negative return on equity of 6.29%. The firm had revenue of $314.80 million during the quarter, compared to analyst estimates of $309.33 million. During the same quarter in the previous year, the firm earned ($0.33) earnings per share. The firm's revenue for the quarter was up 16.3% compared to the same quarter last year. Equities research analysts expect that Trupanion, Inc. will post -0.34 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, CFO Fawwad Qureshi sold 640 shares of the stock in a transaction dated Friday, August 16th. The shares were sold at an average price of $43.12, for a total value of $27,596.80. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. In other Trupanion news, CEO Margaret Tooth sold 7,500 shares of the company's stock in a transaction that occurred on Wednesday, August 28th. The stock was sold at an average price of $46.48, for a total value of $348,600.00. Following the completion of the sale, the chief executive officer now directly owns 99,984 shares in the company, valued at $4,647,256.32. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Fawwad Qureshi sold 640 shares of the business's stock in a transaction on Friday, August 16th. The stock was sold at an average price of $43.12, for a total value of $27,596.80. The disclosure for this sale can be found here. Insiders have sold 8,764 shares of company stock valued at $405,238 over the last three months. Company insiders own 5.50% of the company's stock.

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.