Insider Selling: Trupanion Inc (TRUP) Director Sells 10,000 Shares of Stock

Trupanion Inc (NASDAQ:TRUP) Director Murray B. Low sold 10,000 shares of Trupanion stock in a transaction on Tuesday, May 14th. The stock was sold at an average price of $31.76, for a total transaction of $317,600.00. The transaction was disclosed in a document filed with the SEC, which is available at this link.

Murray B. Low also recently made the following trade(s):

  • On Friday, May 10th, Murray B. Low sold 5,303 shares of Trupanion stock. The stock was sold at an average price of $31.83, for a total transaction of $168,794.49.

Shares of Trupanion stock opened at $32.01 on Thursday. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.85 and a quick ratio of 1.85. Trupanion Inc has a 1 year low of $22.38 and a 1 year high of $46.70. The firm has a market cap of $1.04 billion, a P/E ratio of -1,067.00 and a beta of 1.15.

Trupanion (NASDAQ:TRUP) last issued its earnings results on Thursday, May 2nd. The financial services provider reported ($0.04) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.01) by ($0.03). Trupanion had a negative return on equity of 0.59% and a negative net margin of 0.23%. The business had revenue of $86.98 million for the quarter, compared to analysts’ expectations of $85.87 million. During the same period last year, the business earned ($0.05) EPS. The company’s revenue for the quarter was up 24.7% on a year-over-year basis. As a group, equities analysts anticipate that Trupanion Inc will post 0.02 earnings per share for the current fiscal year.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in TRUP. Bank of New York Mellon Corp increased its holdings in Trupanion by 5.2% in the third quarter. Bank of New York Mellon Corp now owns 88,533 shares of the financial services provider’s stock valued at $3,163,000 after buying an additional 4,388 shares in the last quarter. Jane Street Group LLC purchased a new position in Trupanion in the third quarter valued at $231,000. MetLife Investment Advisors LLC increased its holdings in Trupanion by 54.8% in the third quarter. MetLife Investment Advisors LLC now owns 17,148 shares of the financial services provider’s stock valued at $613,000 after buying an additional 6,074 shares in the last quarter. Vanguard Group Inc. increased its holdings in Trupanion by 3.7% in the third quarter. Vanguard Group Inc. now owns 1,188,206 shares of the financial services provider’s stock valued at $42,455,000 after buying an additional 42,652 shares in the last quarter. Finally, Vanguard Group Inc increased its holdings in Trupanion by 3.7% in the third quarter. Vanguard Group Inc now owns 1,188,206 shares of the financial services provider’s stock valued at $42,455,000 after buying an additional 42,652 shares in the last quarter. 95.99% of the stock is owned by institutional investors.

Several research analysts recently issued reports on the stock. Zacks Investment Research raised shares of Trupanion from a “hold” rating to a “buy” rating and set a $40.00 target price for the company in a report on Wednesday, April 17th. BidaskClub raised shares of Trupanion from a “buy” rating to a “strong-buy” rating in a report on Monday, April 1st. ValuEngine raised shares of Trupanion from a “hold” rating to a “buy” rating in a report on Thursday, March 21st. Finally, Northland Securities assumed coverage on shares of Trupanion in a report on Tuesday. They set a “buy” rating and a $40.00 target price for the company. One analyst has rated the stock with a sell rating and eleven have issued a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average target price of $44.89.

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Trupanion Company Profile

Trupanion, Inc, together with its subsidiaries, provides medical insurance for cats and dogs on monthly subscription basis in the United States, Canada, and Puerto Rico. The company operates through Subscription Business and Other Business segments. It serves pet owners and veterinarians through third-party referrals and online member acquisition channels.

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Insider Buying and Selling by Quarter for Trupanion (NASDAQ:TRUP)

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