Trupanion, Inc. (NASDAQ:TRUP) CEO Sells $72,008.66 in Stock

Trupanion, Inc. (NASDAQ:TRUP - Get Free Report) CEO Margaret Tooth sold 2,294 shares of the firm's stock in a transaction that occurred on Tuesday, March 4th. The stock was sold at an average price of $31.39, for a total value of $72,008.66. Following the completion of the sale, the chief executive officer now directly owns 118,784 shares in the company, valued at approximately $3,728,629.76. This trade represents a 1.89 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Trupanion Stock Performance

TRUP traded up $0.31 during trading hours on Friday, hitting $32.97. The company's stock had a trading volume of 1,080,704 shares, compared to its average volume of 639,373. Trupanion, Inc. has a fifty-two week low of $19.69 and a fifty-two week high of $57.90. The company has a current ratio of 1.71, a quick ratio of 1.66 and a debt-to-equity ratio of 0.39. The firm has a market capitalization of $1.40 billion, a PE ratio of -143.35, a PEG ratio of 6.02 and a beta of 1.70. The company has a 50-day simple moving average of $44.12 and a 200 day simple moving average of $47.50.

Trupanion (NASDAQ:TRUP - Get Free Report) last posted its earnings results on Wednesday, February 19th. The financial services provider reported $0.04 EPS for the quarter, missing the consensus estimate of $0.06 by ($0.02). Trupanion had a negative net margin of 0.75% and a negative return on equity of 3.08%. The business had revenue of $337.31 million during the quarter, compared to analyst estimates of $335.41 million. As a group, sell-side analysts expect that Trupanion, Inc. will post 0.13 EPS for the current year.

Remove Ads

Hedge Funds Weigh In On Trupanion

Several hedge funds have recently modified their holdings of TRUP. SBI Securities Co. Ltd. acquired a new position in shares of Trupanion during the 4th quarter valued at $25,000. Jones Financial Companies Lllp increased its position 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 valued at $27,000 after purchasing an additional 238 shares during the period. Quest Partners LLC acquired a new position in shares of Trupanion during the 3rd quarter valued at $37,000. Quarry LP acquired a new position in shares of Trupanion during the 4th quarter valued at $39,000. Finally, Wilmington Savings Fund Society FSB acquired a new position in shares of Trupanion during the 3rd quarter valued at $54,000.

Wall Street Analysts Forecast Growth

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

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.