Bartlett & CO. Wealth Management LLC Takes Position in Trupanion, Inc. (NASDAQ:TRUP)

Bartlett & CO. Wealth Management LLC bought a new stake in Trupanion, Inc. (NASDAQ:TRUP) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 5,527 shares of the financial services provider’s stock, valued at approximately $266,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Quest Partners LLC acquired a new stake in shares of Trupanion during the third quarter worth $37,000. Wilmington Savings Fund Society FSB bought a new position in Trupanion during the third quarter worth about $54,000. GAMMA Investing LLC lifted its holdings in Trupanion by 70.4% during the third quarter. GAMMA Investing LLC now owns 1,442 shares of the financial services provider’s stock worth $61,000 after acquiring an additional 596 shares in the last quarter. Entropy Technologies LP bought a new position in Trupanion during the third quarter worth about $202,000. Finally, Mutual of America Capital Management LLC bought a new position in Trupanion during the third quarter worth about $210,000.

Trupanion Price Performance

NASDAQ:TRUP opened at $48.90 on Friday. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.66 and a current ratio of 1.66. The stock’s 50-day simple moving average is $50.60 and its 200 day simple moving average is $45.97. The company has a market cap of $2.07 billion, a P/E ratio of -152.81, a P/E/G ratio of 8.11 and a beta of 1.61. Trupanion, Inc. has a 52-week low of $19.69 and a 52-week high of $57.90.

Trupanion (NASDAQ:TRUP) last released its earnings results on Wednesday, October 30th. The financial services provider reported $0.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.06) by $0.09. The business had revenue of $327.50 million for the quarter, compared to the consensus estimate of $321.79 million. Trupanion had a negative return on equity of 4.36% and a negative net margin of 1.08%. Trupanion’s quarterly revenue was up 14.6% on a year-over-year basis. During the same quarter in the previous year, the business earned ($0.10) earnings per share. As a group, sell-side analysts forecast that Trupanion, Inc. will post -0.2 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on TRUP shares. Stifel Nicolaus lifted their target price on Trupanion from $42.00 to $44.00 and gave the stock a “hold” rating in a report on Monday, January 6th. Piper Sandler upgraded Trupanion from a “neutral” rating to an “overweight” rating and set a $57.00 target price on the stock in a report on Thursday. Finally, Northland Securities boosted their price target on Trupanion from $45.00 to $50.00 and gave the company a “market perform” rating in a report on Thursday, October 31st. Two analysts have rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $45.33.

Insiders Place Their Bets

In other news, SVP Emily Dreyer sold 3,100 shares of the company’s stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $54.85, for a total value of $170,035.00. Following the transaction, the senior vice president now owns 24,708 shares of the company’s stock, valued at approximately $1,355,233.80. This represents a 11.15 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Murray B. Low sold 2,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 6th. The shares were sold at an average price of $52.67, for a total value of $105,340.00. Following the completion of the transaction, the director now directly owns 131,513 shares in the company, valued at $6,926,789.71. The trade was a 1.50 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 28,597 shares of company stock valued at $1,522,082 over the last 90 days. 5.50% of the stock is currently owned by insiders.

Trupanion 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.