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New Age Alpha Advisors LLC Purchases New Stake in Trupanion, Inc. (NASDAQ:TRUP)

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New Age Alpha Advisors LLC acquired a new position in shares of Trupanion, Inc. (NASDAQ:TRUP - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 37,741 shares of the financial services provider's stock, valued at approximately $1,819,000. New Age Alpha Advisors LLC owned about 0.09% of Trupanion as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. FMR LLC lifted its position in Trupanion by 55,963.7% during the third quarter. FMR LLC now owns 1,172,293 shares of the financial services provider's stock worth $49,213,000 after buying an additional 1,170,202 shares during the period. Baillie Gifford & Co. increased its stake in shares of Trupanion by 26.6% during the 4th quarter. Baillie Gifford & Co. now owns 701,366 shares of the financial services provider's stock valued at $33,806,000 after acquiring an additional 147,341 shares during the last quarter. Wellington Management Group LLP lifted its holdings in shares of Trupanion by 4.4% during the 3rd quarter. Wellington Management Group LLP now owns 3,393,879 shares of the financial services provider's stock worth $142,475,000 after acquiring an additional 142,156 shares during the period. JPMorgan Chase & Co. boosted its position in shares of Trupanion by 458.3% in the fourth quarter. JPMorgan Chase & Co. now owns 158,099 shares of the financial services provider's stock worth $7,620,000 after acquiring an additional 129,782 shares during the last quarter. Finally, DF Dent & Co. Inc. grew its holdings in Trupanion by 27.8% in the third quarter. DF Dent & Co. Inc. now owns 367,871 shares of the financial services provider's stock valued at $15,443,000 after purchasing an additional 80,014 shares during the period.

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Insiders Place Their Bets

In other Trupanion news, CEO Margaret Tooth sold 4,000 shares of the company's stock in a transaction dated Thursday, March 20th. The shares were sold at an average price of $37.17, for a total value of $148,680.00. Following the completion of the transaction, the chief executive officer now directly owns 118,784 shares of the company's stock, valued at $4,415,201.28. This represents a 3.26 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, SVP Emily Dreyer sold 14,025 shares of Trupanion stock in a transaction dated Friday, March 7th. The stock was sold at an average price of $32.41, for a total value of $454,550.25. Following the sale, the senior vice president now directly owns 27,645 shares in the company, valued at approximately $895,974.45. The trade was a 33.66 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 29,792 shares of company stock worth $989,442 in the last 90 days. 5.50% of the stock is owned by company insiders.

Trupanion Stock Down 1.9 %

Shares of NASDAQ:TRUP traded down $0.65 during midday trading on Friday, hitting $34.34. 868,485 shares of the company's stock traded hands, compared to its average volume of 648,766. The firm's fifty day moving average price is $39.64 and its two-hundred day moving average price is $46.20. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.66 and a current ratio of 1.71. Trupanion, Inc. has a twelve month low of $19.69 and a twelve month high of $57.90. The company has a market cap of $1.46 billion, a PE ratio of -149.30, a P/E/G ratio of 6.02 and a beta of 1.70.

Trupanion (NASDAQ:TRUP - Get Free Report) last issued its quarterly earnings data on Wednesday, February 19th. The financial services provider reported $0.04 EPS for the quarter, missing analysts' consensus estimates of $0.06 by ($0.02). Trupanion had a negative return on equity of 3.08% and a negative net margin of 0.75%. The company had revenue of $337.31 million for the quarter, compared to analyst estimates of $335.41 million. On average, equities research analysts anticipate that Trupanion, Inc. will post 0.13 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on TRUP. Stifel Nicolaus decreased 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 lowered their price target on Trupanion from $57.00 to $52.00 and set an "overweight" rating for the company in a research report on Thursday, February 20th. Two equities research 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's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $46.60.

Check Out Our Latest Research Report on TRUP

About Trupanion

(Free Report)

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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Institutional Ownership by Quarter for Trupanion (NASDAQ:TRUP)

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