Trupanion, Inc. (NASDAQ:TRUP) CEO Margaret Tooth Sells 4,000 Shares of Stock

Trupanion, Inc. (NASDAQ:TRUP) CEO Margaret Tooth sold 4,000 shares of the firm’s stock in a transaction on Thursday, March 20th. The stock was sold at an average price of $37.17, for a total value of $148,680.00. Following the transaction, the chief executive officer now directly owns 118,784 shares of the company’s stock, valued at approximately $4,415,201.28. This represents a 3.26 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

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

• On Tuesday, March 4th, Margaret Tooth sold 2,294 shares of Trupanion stock. The shares were sold at an average price of $31.39, for a total value of $72,008.66.

Trupanion Price Performance

TRUP opened at $38.61 on Tuesday. Trupanion, Inc. has a 12-month low of $19.69 and a 12-month high of $57.90. The company has a market cap of $1.64 billion, a price-to-earnings ratio of -167.87, a price-to-earnings-growth ratio of 6.02 and a beta of 1.70. The stock has a fifty day simple moving average of $41.54 and a two-hundred day simple moving average of $46.71. The company has a current ratio of 1.71, a quick ratio of 1.66 and a debt-to-equity ratio of 0.39.

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

Institutional Trading of Trupanion

Institutional investors have recently made changes to their positions in the stock. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in Trupanion by 14.2% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 89,184 shares of the financial services provider’s stock valued at $4,299,000 after acquiring an additional 11,119 shares during the period. Squarepoint Ops LLC lifted its holdings in Trupanion by 32.5% in the 4th quarter. Squarepoint Ops LLC now owns 211,900 shares of the financial services provider’s stock worth $10,214,000 after purchasing an additional 52,031 shares in the last quarter. State of Wyoming boosted its position in shares of Trupanion by 111.4% during the fourth quarter. State of Wyoming now owns 11,158 shares of the financial services provider’s stock worth $538,000 after acquiring an additional 5,880 shares during the last quarter. Sherbrooke Park Advisers LLC purchased a new stake in shares of Trupanion in the fourth quarter worth about $347,000. Finally, Raiffeisen Bank International AG purchased a new position in shares of Trupanion in the fourth quarter valued at $2,505,000.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on TRUP shares. Stifel Nicolaus lowered their target price on Trupanion from $44.00 to $41.00 and set a “hold” rating on the stock in a research report on Thursday, February 20th. Piper Sandler dropped their price objective on Trupanion from $57.00 to $52.00 and set an “overweight” rating on the stock in a research note on Thursday, February 20th. Two equities research 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.com, Trupanion presently has a consensus rating of “Moderate Buy” and an average target price of $46.60.

About Trupanion

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.