Shares of Trupanion Inc (NYSE:TRUP) have been given a consensus rating of “Buy” by the nine brokerages that are currently covering the firm, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold rating and six have issued a buy rating on the company. The average 12-month price objective among analysts that have covered the stock in the last year is $26.00.

A number of research firms have recently weighed in on TRUP. TheStreet raised shares of Trupanion from a “d” rating to a “c-” rating in a research report on Monday, July 17th. Canaccord Genuity increased their target price on shares of Trupanion from $28.00 to $29.00 and gave the company a “buy” rating in a research report on Wednesday, August 2nd. Zacks Investment Research raised shares of Trupanion from a “sell” rating to a “hold” rating in a research report on Tuesday, July 18th. BidaskClub downgraded shares of Trupanion from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, July 25th. Finally, Cowen and Company reissued a “buy” rating and set a $19.00 target price on shares of Trupanion in a research report on Friday, July 14th.

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In related news, insider Asher Bearman sold 10,900 shares of the company’s stock in a transaction that occurred on Monday, August 14th. The shares were sold at an average price of $22.83, for a total transaction of $248,847.00. Following the sale, the insider now directly owns 11,539 shares in the company, valued at approximately $263,435.37. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Howard E. Rubin sold 100,000 shares of the company’s stock in a transaction that occurred on Monday, October 2nd. The shares were sold at an average price of $25.90, for a total transaction of $2,590,000.00. The disclosure for this sale can be found here. Insiders have sold a total of 147,052 shares of company stock valued at $3,662,969 over the last three months.

Several hedge funds have recently made changes to their positions in the stock. Alliancebernstein L.P. lifted its stake in shares of Trupanion by 1.2% during the 1st quarter. Alliancebernstein L.P. now owns 16,700 shares of the financial services provider’s stock valued at $237,000 after buying an additional 200 shares in the last quarter. American International Group Inc. lifted its stake in shares of Trupanion by 7.1% during the 1st quarter. American International Group Inc. now owns 8,864 shares of the financial services provider’s stock valued at $126,000 after buying an additional 588 shares in the last quarter. Wells Fargo & Company MN lifted its stake in shares of Trupanion by 13.5% during the 2nd quarter. Wells Fargo & Company MN now owns 11,261 shares of the financial services provider’s stock valued at $252,000 after buying an additional 1,342 shares in the last quarter. California Public Employees Retirement System lifted its stake in shares of Trupanion by 3.7% during the 2nd quarter. California Public Employees Retirement System now owns 42,200 shares of the financial services provider’s stock valued at $944,000 after buying an additional 1,500 shares in the last quarter. Finally, Grand Jean Capital Management Inc. lifted its stake in shares of Trupanion by 1.5% during the 2nd quarter. Grand Jean Capital Management Inc. now owns 269,289 shares of the financial services provider’s stock valued at $6,027,000 after buying an additional 4,105 shares in the last quarter.

Trupanion (TRUP) traded down 0.18% during trading on Wednesday, reaching $27.94. The company had a trading volume of 102,633 shares. The company’s market capitalization is $838.06 million. The company has a 50-day moving average price of $25.48 and a 200 day moving average price of $21.61. Trupanion has a one year low of $13.71 and a one year high of $28.96.

Trupanion (NYSE:TRUP) last released its earnings results on Tuesday, August 1st. The financial services provider reported ($0.02) earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.03) by $0.01. Trupanion had a net margin of 0.71% and a return on equity of 3.57%. The firm had revenue of $58.30 million during the quarter, compared to the consensus estimate of $57.58 million. During the same period in the prior year, the firm earned ($0.03) EPS. The company’s revenue was up 27.3% compared to the same quarter last year. Analysts expect that Trupanion will post ($0.09) earnings per share for the current year.

Trupanion Company Profile

Trupanion, Inc provides medical insurance plans for cats and dogs throughout the United States, Canada and Puerto Rico. The Company operates in two business segments: subscription business and other business. The subscription business segment includes monthly subscriptions for its medical plan, which are marketed to consumers.

Analyst Recommendations for Trupanion (NYSE:TRUP)

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