Trupanion, Inc. (NASDAQ:TRUP) CEO Darryl Rawlings Purchases 20,700 Shares

Trupanion, Inc. (NASDAQ:TRUP) CEO Darryl Rawlings bought 20,700 shares of the firm’s stock in a transaction on Tuesday, May 7th. The stock was purchased at an average price of $24.14 per share, with a total value of $499,698.00. Following the completion of the acquisition, the chief executive officer now owns 614,842 shares of the company’s stock, valued at $14,842,285.88. The purchase was disclosed in a filing with the SEC, which is available through this link.

Trupanion Stock Up 7.8 %

Shares of NASDAQ:TRUP traded up $1.81 during midday trading on Thursday, hitting $24.87. 529,884 shares of the stock were exchanged, compared to its average volume of 699,051. The company has a market capitalization of $1.05 billion, a PE ratio of -37.70 and a beta of 1.76. Trupanion, Inc. has a 52-week low of $18.45 and a 52-week high of $36.66. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.63 and a current ratio of 1.62. The business’s fifty day simple moving average is $25.43 and its two-hundred day simple moving average is $26.70.

Trupanion (NASDAQ:TRUP) last posted its quarterly earnings results on Thursday, May 2nd. The financial services provider reported ($0.16) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.18) by $0.02. The company had revenue of $306.12 million during the quarter, compared to the consensus estimate of $300.51 million. Trupanion had a negative return on equity of 9.03% and a negative net margin of 2.31%. The business’s quarterly revenue was up 19.4% on a year-over-year basis. During the same period last year, the business earned ($0.60) EPS. As a group, research analysts predict that Trupanion, Inc. will post -0.43 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

TRUP has been the subject of a number of recent analyst reports. Piper Sandler decreased their price objective on shares of Trupanion from $28.00 to $22.00 and set a “neutral” rating for the company in a research note on Friday, May 3rd. Evercore ISI decreased their target price on Trupanion from $35.00 to $31.00 and set an “outperform” rating for the company in a research report on Tuesday, February 20th. Stifel Nicolaus upped their price target on Trupanion from $25.00 to $28.00 and gave the company a “hold” rating in a research report on Friday, February 16th. Finally, Canaccord Genuity Group decreased their price objective on Trupanion from $40.00 to $34.00 and set a “buy” rating for the company in a research report on Friday, May 3rd. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $28.75.

Institutional Trading of Trupanion

Large investors have recently added to or reduced their stakes in the business. Texas Permanent School Fund Corp raised its holdings in shares of Trupanion by 1.8% during the 1st quarter. Texas Permanent School Fund Corp now owns 31,269 shares of the financial services provider’s stock valued at $863,000 after purchasing an additional 561 shares in the last quarter. PNC Financial Services Group Inc. raised its holdings in Trupanion by 45.4% during the third quarter. PNC Financial Services Group Inc. now owns 2,990 shares of the financial services provider’s stock valued at $84,000 after buying an additional 933 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. raised its holdings in Trupanion by 5.5% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 18,120 shares of the financial services provider’s stock valued at $553,000 after buying an additional 948 shares in the last quarter. Check Capital Management Inc. CA lifted its position in shares of Trupanion by 4.7% in the fourth quarter. Check Capital Management Inc. CA now owns 24,000 shares of the financial services provider’s stock worth $732,000 after buying an additional 1,075 shares during the last quarter. Finally, New York State Common Retirement Fund boosted its stake in shares of Trupanion by 1.4% during the 3rd quarter. New York State Common Retirement Fund now owns 79,142 shares of the financial services provider’s stock worth $2,232,000 after acquiring an additional 1,101 shares in the last quarter.

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.