Dimensional Fund Advisors LP Grows Position in Trupanion, Inc. (NASDAQ:TRUP)

Dimensional Fund Advisors LP raised its stake in shares of Trupanion, Inc. (NASDAQ:TRUP - Free Report) by 24.3% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 137,833 shares of the financial services provider's stock after purchasing an additional 26,941 shares during the quarter. Dimensional Fund Advisors LP owned approximately 0.33% of Trupanion worth $4,052,000 at the end of the most recent reporting period.

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

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the stock. Stifel Nicolaus upped their target price on shares of Trupanion from $30.00 to $40.00 and gave the stock a "hold" rating in a research report on Monday, September 23rd. William Blair began coverage on shares of Trupanion in a research note on Friday, July 19th. They set an "outperform" rating for the company. Northland Securities lifted their target price on shares of Trupanion from $35.00 to $45.00 and gave the company a "market perform" rating in a report on Thursday, September 19th. Evercore ISI upgraded Trupanion to a "strong-buy" rating in a research note on Friday, August 9th. Finally, Bank of America lifted 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. Four analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $41.83.

Insiders Place Their Bets

In related news, CEO Margaret Tooth sold 7,500 shares of Trupanion stock in a transaction 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 owns 99,984 shares of the company's stock, valued at $4,647,256.32. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. In other news, CFO Fawwad Qureshi sold 624 shares of the company's stock in a transaction on Monday, August 26th. The stock was sold at an average price of $46.54, for a total value of $29,040.96. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Margaret Tooth sold 7,500 shares of Trupanion stock in a transaction on Wednesday, August 28th. The shares were sold at an average price of $46.48, for a total value of $348,600.00. Following the transaction, the chief executive officer now owns 99,984 shares in the company, valued at $4,647,256.32. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 8,764 shares of company stock valued at $405,238. Company insiders own 5.50% of the company's stock.

Trupanion Stock Up 0.8 %

TRUP stock traded up $0.37 during midday trading on Thursday, hitting $47.06. The company's stock had a trading volume of 546,529 shares, compared to its average volume of 683,277. The company has a market cap of $1.98 billion, a PE ratio of -73.69 and a beta of 1.73. The firm's 50-day moving average is $42.62 and its 200-day moving average is $33.09. Trupanion, Inc. has a 12 month low of $19.14 and a 12 month high of $49.14. The company has a current ratio of 1.63, a quick ratio of 1.63 and a debt-to-equity ratio of 0.42.

Trupanion (NASDAQ:TRUP - Get Free Report) last issued its earnings results on Thursday, August 8th. The financial services provider reported ($0.14) earnings per share for the quarter, topping analysts' consensus estimates of ($0.18) by $0.04. Trupanion had a negative return on equity of 6.29% and a negative net margin of 1.57%. The business 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) EPS. Trupanion's revenue was up 16.3% on a year-over-year basis. On average, equities research analysts forecast that Trupanion, Inc. will post -0.34 earnings per share 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.