Trupanion, Inc. (NASDAQ:TRUP – Get Free Report)’s share price gapped up prior to trading on Friday . The stock had previously closed at $42.09, but opened at $44.89. Trupanion shares last traded at $44.0070, with a volume of 96,805 shares traded.
Wall Street Analyst Weigh In
TRUP has been the topic of several research reports. Cantor Fitzgerald raised shares of Trupanion to a “hold” rating in a research note on Wednesday, August 13th. Stifel Nicolaus lifted their target price on shares of Trupanion from $41.00 to $45.00 and gave the company a “hold” rating in a report on Friday, August 8th. Piper Sandler upped their price target on Trupanion from $62.00 to $67.00 and gave the stock an “overweight” rating in a research note on Friday, August 8th. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of Trupanion in a research note on Wednesday, October 8th. Two research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $54.75.
Get Our Latest Research Report on TRUP
Trupanion Stock Performance
Trupanion (NASDAQ:TRUP – Get Free Report) last issued its earnings results on Thursday, November 6th. The financial services provider reported $0.13 earnings per share for the quarter, missing analysts’ consensus estimates of $0.89 by ($0.76). The business had revenue of $366.92 million during the quarter, compared to analysts’ expectations of $361.58 million. Trupanion had a return on equity of 3.31% and a net margin of 0.81%.Trupanion’s quarterly revenue was up 12.0% compared to the same quarter last year. During the same period last year, the firm posted $0.03 EPS. Trupanion has set its Q4 2025 guidance at EPS. FY 2025 guidance at EPS. On average, sell-side analysts expect that Trupanion, Inc. will post 0.13 EPS for the current year.
Insider Activity
In other Trupanion news, CFO Fawwad Qureshi sold 2,800 shares of the business’s stock in a transaction on Tuesday, August 26th. The shares were sold at an average price of $45.56, for a total transaction of $127,568.00. Following the completion of the sale, the chief financial officer directly owned 6,451 shares in the company, valued at approximately $293,907.56. The trade was a 30.27% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Margaret Tooth sold 8,961 shares of the stock in a transaction on Thursday, September 25th. The shares were sold at an average price of $41.88, for a total value of $375,286.68. Following the transaction, the chief executive officer directly owned 144,229 shares in the company, valued at $6,040,310.52. The trade was a 5.85% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 70,645 shares of company stock valued at $3,128,119 over the last three months. Insiders own 5.42% of the company’s stock.
Institutional Trading of Trupanion
Hedge funds have recently bought and sold shares of the company. Wellington Management Group LLP boosted its position in Trupanion by 13.2% in the first quarter. Wellington Management Group LLP now owns 2,491,227 shares of the financial services provider’s stock worth $92,848,000 after purchasing an additional 290,788 shares during the last quarter. Jacobs Levy Equity Management Inc. lifted its stake in shares of Trupanion by 2,029.0% in the 1st quarter. Jacobs Levy Equity Management Inc. now owns 303,550 shares of the financial services provider’s stock worth $11,313,000 after purchasing an additional 289,292 shares during the period. Hosking Partners LLP boosted its holdings in shares of Trupanion by 86.9% in the first quarter. Hosking Partners LLP now owns 397,656 shares of the financial services provider’s stock worth $14,821,000 after buying an additional 184,936 shares during the last quarter. Landscape Capital Management L.L.C. purchased a new position in shares of Trupanion in the first quarter worth approximately $5,695,000. Finally, Trexquant Investment LP grew its position in Trupanion by 89.2% during the first quarter. Trexquant Investment LP now owns 261,246 shares of the financial services provider’s stock valued at $9,737,000 after buying an additional 123,137 shares during the period.
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.
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