Dynamic Technology Lab Private Ltd Buys 12,474 Shares of Trupanion, Inc. (NASDAQ:TRUP)

Dynamic Technology Lab Private Ltd lifted its stake in Trupanion, Inc. (NASDAQ:TRUP) by 108.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 24,022 shares of the financial services provider’s stock after buying an additional 12,474 shares during the period. Dynamic Technology Lab Private Ltd owned about 0.06% of Trupanion worth $1,158,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in TRUP. Jones Financial Companies Lllp lifted its position in shares of 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 acquiring an additional 238 shares during the period. GAMMA Investing LLC raised its stake in shares of Trupanion by 18.5% in the fourth quarter. GAMMA Investing LLC now owns 1,709 shares of the financial services provider’s stock valued at $82,000 after purchasing an additional 267 shares in the last quarter. SBI Securities Co. Ltd. bought a new position in Trupanion in the fourth quarter worth $25,000. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in Trupanion by 7.3% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 9,861 shares of the financial services provider’s stock worth $414,000 after buying an additional 671 shares in the last quarter. Finally, Swiss National Bank increased its holdings in Trupanion by 1.1% in the 4th quarter. Swiss National Bank now owns 66,310 shares of the financial services provider’s stock valued at $3,196,000 after buying an additional 700 shares during the period.

Trupanion Trading Down 1.9 %

Shares of TRUP stock opened at $34.34 on Friday. The company has a market capitalization of $1.46 billion, a P/E ratio of -149.30, a P/E/G ratio of 6.02 and a beta of 1.70. Trupanion, Inc. has a 12-month low of $19.69 and a 12-month high of $57.90. The company has a quick ratio of 1.66, a current ratio of 1.71 and a debt-to-equity ratio of 0.39. The firm has a 50-day moving average price of $39.64 and a 200 day moving average price of $46.19.

Trupanion (NASDAQ:TRUP) last posted 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). The firm had revenue of $337.31 million during the quarter, compared to the consensus estimate of $335.41 million. Trupanion had a negative net margin of 0.75% and a negative return on equity of 3.08%. Research analysts forecast that Trupanion, Inc. will post 0.13 earnings per share for the current fiscal year.

Analysts Set New Price Targets

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

Insiders Place Their Bets

In related news, CEO Margaret Tooth sold 4,000 shares of Trupanion stock in a transaction dated Thursday, March 20th. The stock was sold at an average price of $37.17, for a total value of $148,680.00. Following the completion of the sale, the chief executive officer now directly owns 118,784 shares in the company, valued at $4,415,201.28. This trade represents a 3.26 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Emily Dreyer sold 14,025 shares of the business’s stock in a transaction dated Friday, March 7th. The stock was sold at an average price of $32.41, for a total value of $454,550.25. Following the sale, the senior vice president now directly owns 27,645 shares of the company’s stock, valued at $895,974.45. This represents a 33.66 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 29,792 shares of company stock valued at $989,442. 5.50% of the stock is currently owned by corporate insiders.

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.