John R. Gallagher Sells 3,100 Shares of Trupanion, Inc. (NASDAQ:TRUP) Stock

Trupanion, Inc. (NASDAQ:TRUP) COO John R. Gallagher sold 3,100 shares of the business’s stock in a transaction that occurred on Friday, March 7th. The stock was sold at an average price of $32.99, for a total transaction of $102,269.00. Following the completion of the sale, the chief operating officer now owns 25,549 shares in the company, valued at $842,861.51. The trade was a 10.82 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Trupanion Stock Up 2.7 %

TRUP stock opened at $34.09 on Thursday. Trupanion, Inc. has a 52-week low of $19.69 and a 52-week high of $57.90. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.71 and a quick ratio of 1.66. The firm has a market capitalization of $1.45 billion, a P/E ratio of -148.22, a P/E/G ratio of 6.02 and a beta of 1.70. The company’s 50 day simple moving average is $43.21 and its 200-day simple moving average is $47.24.

Trupanion (NASDAQ:TRUP) last released its earnings results on Wednesday, February 19th. The financial services provider reported $0.04 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.02). Trupanion had a negative return on equity of 3.08% and a negative net margin of 0.75%. The company had revenue of $337.31 million during the quarter, compared to analysts’ expectations of $335.41 million. As a group, equities research analysts anticipate that Trupanion, Inc. will post 0.13 EPS for the current year.

Institutional Investors Weigh In On Trupanion

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. SBI Securities Co. Ltd. purchased a new stake in Trupanion in the 4th quarter worth approximately $25,000. Jones Financial Companies Lllp lifted its position in Trupanion by 71.7% in the 4th quarter. Jones Financial Companies Lllp now owns 570 shares of the financial services provider’s stock worth $27,000 after buying an additional 238 shares in the last quarter. Quarry LP purchased a new stake in Trupanion in the 4th quarter worth approximately $39,000. Quest Partners LLC purchased a new stake in Trupanion in the 3rd quarter worth approximately $37,000. Finally, Aster Capital Management DIFC Ltd lifted its position in Trupanion by 988.5% in the 4th quarter. Aster Capital Management DIFC Ltd now owns 1,132 shares of the financial services provider’s stock worth $55,000 after buying an additional 1,028 shares in the last quarter.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the stock. Piper Sandler cut their price target on shares of Trupanion from $57.00 to $52.00 and set an “overweight” rating on the stock in a report on Thursday, February 20th. Stifel Nicolaus cut their price target on shares of Trupanion from $44.00 to $41.00 and set a “hold” rating on the stock in a report on Thursday, February 20th. Two analysts have rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $46.60.

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.