Trupanion (NASDAQ:TRUP) CEO Margaret Tooth Sells 2,000 Shares of Company Stock

Trupanion, Inc. (NASDAQ:TRUP) CEO Margaret Tooth sold 2,000 shares of Trupanion stock in a transaction dated Monday, November 9th. The stock was sold at an average price of $36.46, for a total transaction of $72,920.00. Following the transaction, the chief executive officer directly owned 182,952 shares in the company, valued at $6,670,429.92. This trade represents a 1.08% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Margaret Tooth also recently made the following trade(s):

• On Friday, October 9th, Margaret Tooth sold 1,000 shares of Trupanion stock. The shares were sold at an average price of $25.84, for a total transaction of $25,840.00.
• On Friday, September 11th, Margaret Tooth sold 1,000 shares of Trupanion stock. The stock was sold at an average price of $25.00, for a total transaction of $25,000.00.
• On Tuesday, August 25th, Margaret Tooth sold 491 shares of Trupanion stock. The stock was sold at an average price of $31.84, for a total transaction of $15,633.44.

Trupanion Stock Down 0.2%

TRUP stock opened at $34.30 on Friday. Trupanion, Inc. has a one year low of $21.16 and a one year high of $39.61. The firm has a market cap of $1.48 billion, a PE ratio of 56.23, a PEG ratio of 1.59 and a beta of 1.27. The firm’s 50 day moving average price is $27.61 and its 200-day moving average price is $26.73. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.74 and a current ratio of 1.74.

Trupanion (NASDAQ:TRUP) last posted its earnings results on Thursday, November 5th. The financial services provider reported $0.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.17 by $0.04. Trupanion had a return on equity of 6.71% and a net margin of 1.71%. The company had revenue of $405.59 million during the quarter, compared to analysts’ expectations of $402.53 million. During the same quarter last year, the firm earned $0.13 earnings per share. On average, equities research analysts anticipate that Trupanion, Inc. will post 0.68 EPS for the current year.

Wall Street Analyst Weigh In

A number of research analysts have commented on the stock. Weiss Ratings raised shares of Trupanion from a “hold (c-)” rating to a “hold (c)” rating in a research report on Tuesday, September 29th. Stifel Nicolaus lifted their price target on shares of Trupanion from $29.00 to $34.00 and gave the company a “hold” rating in a research report on Monday. Piper Sandler downgraded shares of Trupanion from an “overweight” rating to a “neutral” rating and reduced their price target for the company from $45.00 to $32.00 in a research note on Wednesday, August 26th. Wall Street Zen raised shares of Trupanion from a “hold” rating to a “buy” rating in a research report on Saturday, November 7th. Finally, Zacks Research downgraded shares of Trupanion from a “strong-buy” rating to a “hold” rating in a report on Monday, August 24th. One investment analyst has rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $40.00.

Top Trupanion Stories

These are some of the TRUP stories that stood out recently:

• Positive Sentiment: Two analyst headlines say Cantor Fitzgerald and Stifel Nicolaus expect Trupanion’s stock to rise, offering support for the bullish outlook. The articles provided do not include target prices or further rationale. Cantor Fitzgerald analyst article Stifel Nicolaus analyst article
• Positive Sentiment: Trupanion was recognized among Canada’s best companies for customer service by Newsweek, a reputational positive that may support its brand. Newsweek customer-service recognition
• Negative Sentiment: Three insiders disclosed sales: Director Howard Rubin sold 30,000 shares, Director Murray Low sold 6,537, and CEO Margaret Tooth sold 2,000. These transactions could weigh on sentiment, though each retained a substantial holding; Tooth’s sale was made under a pre-arranged Rule 10b5-1 plan. Rubin SEC filing Low SEC filing Tooth SEC filing

Hedge Funds Weigh In On Trupanion

Institutional investors have recently bought and sold shares of the company. First Trust Advisors LP lifted its holdings in Trupanion by 52.9% during the 3rd quarter. First Trust Advisors LP now owns 83,490 shares of the financial services provider’s stock worth $1,950,000 after buying an additional 28,903 shares in the last quarter. Landscape Capital Management L.L.C. boosted its position in Trupanion by 27.8% in the 3rd quarter. Landscape Capital Management L.L.C. now owns 132,191 shares of the financial services provider’s stock valued at $3,088,000 after buying an additional 28,736 shares during the period. Fifth Third Bancorp grew its stake in shares of Trupanion by 4.0% in the third quarter. Fifth Third Bancorp now owns 7,772 shares of the financial services provider’s stock worth $182,000 after acquiring an additional 302 shares in the last quarter. Illinois Municipal Retirement Fund grew its stake in shares of Trupanion by 22.8% in the third quarter. Illinois Municipal Retirement Fund now owns 20,635 shares of the financial services provider’s stock worth $482,000 after acquiring an additional 3,833 shares in the last quarter. Finally, Oregon Public Employees Retirement Fund grew its stake in shares of Trupanion by 7.7% in the third quarter. Oregon Public Employees Retirement Fund now owns 8,359 shares of the financial services provider’s stock worth $195,000 after acquiring an additional 600 shares in the last quarter.

About Trupanion

Trupanion provides medical insurance for cats and dogs, offering coverage for eligible veterinary care. Its products are designed to help pet owners manage unexpected costs from illnesses and injuries, subject to policy terms and exclusions. The company also provides software and payment services that enable participating veterinary practices to submit claims and receive payments directly, reducing the need for customers to pay covered costs upfront and seek reimbursement. Founded in 2000 and headquartered in Seattle, Trupanion serves customers in the United States and Canada.