Charles Schwab Investment Management Inc. Has $14.79 Million Stock Holdings in Trupanion, Inc. (NASDAQ:TRUP)

Charles Schwab Investment Management Inc. boosted its stake in shares of Trupanion, Inc. (NASDAQ:TRUP) by 2.1% in the 4th quarter, HoldingsChannel.com reports. The firm owned 306,752 shares of the financial services provider’s stock after buying an additional 6,338 shares during the quarter. Charles Schwab Investment Management Inc.’s holdings in Trupanion were worth $14,785,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the stock. Steward Partners Investment Advisory LLC boosted its position in Trupanion by 12.4% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 11,805 shares of the financial services provider’s stock valued at $569,000 after purchasing an additional 1,300 shares during the last quarter. SBI Securities Co. Ltd. acquired a new position in Trupanion during the fourth quarter valued at approximately $25,000. Jones Financial Companies Lllp lifted its position in shares of Trupanion by 71.7% in the fourth quarter. Jones Financial Companies Lllp now owns 570 shares of the financial services provider’s stock valued at $27,000 after buying an additional 238 shares during the last quarter. Hosking Partners LLP lifted its position in shares of Trupanion by 52.5% in the fourth quarter. Hosking Partners LLP now owns 212,720 shares of the financial services provider’s stock valued at $10,253,000 after buying an additional 73,203 shares during the last quarter. Finally, Versor Investments LP acquired a new stake in shares of Trupanion in the fourth quarter valued at approximately $337,000.

Insider Buying and Selling

In related news, CFO Fawwad Qureshi sold 1,373 shares of Trupanion stock in a transaction that occurred on Wednesday, February 26th. The stock was sold at an average price of $34.22, for a total transaction of $46,984.06. Following the completion of the sale, the chief financial officer now directly owns 2,416 shares of the company’s stock, valued at approximately $82,675.52. This trade represents a 36.24 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Margaret Tooth sold 2,294 shares of Trupanion stock in a transaction that occurred on Tuesday, March 4th. The stock was sold at an average price of $31.39, for a total value of $72,008.66. Following the sale, the chief executive officer now directly owns 118,784 shares of the company’s stock, valued at approximately $3,728,629.76. The trade was a 1.89 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 25,984 shares of company stock valued at $850,362. Insiders own 5.50% of the company’s stock.

Trupanion Stock Performance

NASDAQ:TRUP opened at $36.78 on Friday. The stock has a market cap of $1.56 billion, a P/E ratio of -159.91, a PEG ratio of 6.02 and a beta of 1.70. The stock has a 50 day simple moving average of $41.78 and a 200 day simple moving average of $46.77. 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, Inc. has a 1-year low of $19.69 and a 1-year high of $57.90.

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

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the company. Piper Sandler cut their price objective on Trupanion from $57.00 to $52.00 and set an “overweight” rating for the company in a research report on Thursday, February 20th. Stifel Nicolaus cut their price objective on Trupanion from $44.00 to $41.00 and set a “hold” rating for the company in a research report 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 issued a strong buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $46.60.

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.