Trupanion (NASDAQ:TRUP) CEO Sells $363,837.40 in Stock

by · The Cerbat Gem

Trupanion, Inc. (NASDAQ:TRUP – Get Free Report) CEO Margaret Tooth sold 9,605 shares of Trupanion stock in a transaction that occurred on Friday, December 19th. The shares were sold at an average price of $37.88, for a total transaction of $363,837.40. Following the completion of the sale, the chief executive officer owned 150,294 shares of the company’s stock, valued at approximately $5,693,136.72. The trade was a 6.01% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

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

  • On Tuesday, November 25th, Margaret Tooth sold 9,803 shares of Trupanion stock. The stock was sold at an average price of $35.31, for a total transaction of $346,143.93.
  • On Monday, October 27th, Margaret Tooth sold 8,884 shares of Trupanion stock. The shares were sold at an average price of $43.73, for a total value of $388,497.32.
  • On Thursday, September 25th, Margaret Tooth sold 8,961 shares of Trupanion stock. The shares were sold at an average price of $41.88, for a total transaction of $375,286.68.

Trupanion Trading Up 0.1%

Trupanion stock traded up $0.05 during trading hours on Monday, hitting $38.05. The stock had a trading volume of 238,464 shares, compared to its average volume of 419,119. The business’s 50 day simple moving average is $38.81 and its 200-day simple moving average is $44.89. Trupanion, Inc. has a one year low of $31.00 and a one year high of $57.88. The stock has a market cap of $1.64 billion, a price-to-earnings ratio of 105.70 and a beta of 1.62. The company has a quick ratio of 1.71, a current ratio of 1.71 and a debt-to-equity ratio of 0.31.

Trupanion (NASDAQ:TRUP – Get Free Report) last issued its quarterly earnings data on Thursday, November 6th. The financial services provider reported $0.13 earnings per share for the quarter, missing the consensus estimate of $0.89 by ($0.76). The business had revenue of $366.92 million during the quarter, compared to the consensus estimate of $361.58 million. Trupanion had a return on equity of 4.48% and a net margin of 1.10%.The business’s revenue for the quarter was up 12.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.03 EPS. On average, equities analysts predict that Trupanion, Inc. will post 0.13 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities analysts recently commented on TRUP shares. Piper Sandler dropped their price objective on Trupanion from $67.00 to $60.00 and set an “overweight” rating on the stock in a research note on Friday. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Trupanion in a research report on Monday, December 15th. Stifel Nicolaus cut their price target on Trupanion from $45.00 to $42.00 and set a “hold” rating for the company in a research note on Tuesday, November 18th. Finally, Wall Street Zen cut Trupanion from a “buy” rating to a “hold” rating in a research note on Saturday, December 6th. Two research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $52.25.

Read Our Latest Research Report on Trupanion

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in TRUP. Federated Hermes Inc. bought a new stake in Trupanion in the third quarter worth $33,000. Pilgrim Partners Asia Pte Ltd bought a new stake in Trupanion in the third quarter valued at approximately $39,000. Nisa Investment Advisors LLC boosted its stake in shares of Trupanion by 44.1% during the second quarter. Nisa Investment Advisors LLC now owns 980 shares of the financial services provider’s stock valued at $54,000 after purchasing an additional 300 shares during the period. AlphaQuest LLC increased its stake in shares of Trupanion by 940.6% in the first quarter. AlphaQuest LLC now owns 1,051 shares of the financial services provider’s stock worth $39,000 after buying an additional 950 shares during the period. Finally, Kelleher Financial Advisors bought a new stake in Trupanion during the 3rd quarter valued at $74,000.

About Trupanion

(Get Free Report)

Trupanion, Inc is a pet medical insurance company that provides comprehensive insurance coverage for cats and dogs. The company’s core offering is a single, customizable medical policy designed to cover veterinary diagnostic tests, surgeries, hospital stays and congenital or hereditary conditions. Trupanion seeks to streamline the claims process by offering direct payment options to participating veterinarians, reducing the need for upfront payments by pet owners.

Founded in 1999 by Darryl Rawlings and headquartered in Seattle, Washington, Trupanion began operations in the early 2000s and has grown its presence through both digital channels and partnerships with veterinary hospitals.

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