Analysts Set Trupanion, Inc. (NASDAQ:TRUP) Price Target at $46.60

Trupanion, Inc. (NASDAQ:TRUP) has earned an average rating of “Moderate Buy” from the seven analysts that are currently covering the company, Marketbeat reports. 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. The average 1-year price target among brokers that have issued a report on the stock in the last year is $46.60.

A number of brokerages have issued reports on TRUP. Piper Sandler decreased their target price on shares of Trupanion from $57.00 to $52.00 and set an “overweight” rating for the company in a research note on Thursday, February 20th. Stifel Nicolaus reduced 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.

Insider Activity

In other Trupanion news, SVP Emily Dreyer sold 14,025 shares of the stock in a transaction that occurred on Friday, March 7th. The stock was sold at an average price of $32.41, for a total transaction of $454,550.25. Following the transaction, the senior vice president now owns 27,645 shares in the company, valued at $895,974.45. This trade represents a 33.66 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Margaret Tooth sold 4,000 shares of the business’s stock in a transaction on Thursday, March 20th. The stock was sold at an average price of $37.17, for a total transaction of $148,680.00. Following the completion of the sale, the chief executive officer now owns 118,784 shares of the company’s stock, valued at $4,415,201.28. The trade was a 3.26 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 29,984 shares of company stock worth $999,042. 5.50% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Jones Financial Companies Lllp grew 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 purchasing an additional 238 shares during the last quarter. GAMMA Investing LLC boosted its stake in Trupanion by 18.5% during the 4th 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 during the period. Coppell Advisory Solutions LLC grew its holdings in Trupanion by 58.3% in the 4th quarter. Coppell Advisory Solutions LLC now owns 1,249 shares of the financial services provider’s stock valued at $61,000 after buying an additional 460 shares during the last quarter. SBI Securities Co. Ltd. acquired a new stake in Trupanion in the 4th quarter valued at approximately $25,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its position in Trupanion by 7.3% in the 3rd 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 during the period.

Trupanion Stock Down 5.2 %

Shares of Trupanion stock opened at $36.25 on Monday. Trupanion has a 1 year low of $19.69 and a 1 year high of $57.90. The company has a market cap of $1.54 billion, a P/E ratio of -157.61, a P/E/G ratio of 6.02 and a beta of 1.70. The company has a current ratio of 1.71, a quick ratio of 1.66 and a debt-to-equity ratio of 0.39. The stock has a 50-day moving average price of $40.80 and a 200 day moving average price of $46.50.

Trupanion (NASDAQ:TRUP) last posted its quarterly 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, analysts expect that Trupanion will post 0.13 EPS for the current fiscal year.

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.