Trupanion Inc (NYSE:TRUP) posted its quarterly earnings results on Thursday. The financial services provider reported $0.01 EPS for the quarter, beating the consensus estimate of ($0.03) by $0.04, Briefing.com reports. Trupanion had a net margin of 0.71% and a return on equity of 3.57%. The company had revenue of $63.12 million for the quarter, compared to analyst estimates of $61.44 million. During the same period in the prior year, the company earned ($0.06) earnings per share. The firm’s revenue was up 30.5% on a year-over-year basis.

Trupanion (NYSE:TRUP) traded up $3.47 during mid-day trading on Friday, hitting $31.52. 884,142 shares of the stock traded hands.

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Several research firms have commented on TRUP. Canaccord Genuity upped their price target on shares of Trupanion from $28.00 to $29.00 and gave the company a “buy” rating in a report on Wednesday, August 2nd. Stifel Nicolaus reaffirmed a “buy” rating and issued a $24.00 price target (up from $18.00) on shares of Trupanion in a report on Wednesday, August 2nd. Royal Bank Of Canada upped their price target on shares of Trupanion from $19.00 to $26.00 and gave the company an “outperform” rating in a report on Wednesday, August 2nd. BidaskClub lowered shares of Trupanion from a “buy” rating to a “hold” rating in a report on Tuesday, August 8th. Finally, Cowen and Company reaffirmed an “outperform” rating and issued a $28.00 price target (up from $19.00) on shares of Trupanion in a report on Wednesday, August 2nd. Two equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. Trupanion has a consensus rating of “Buy” and an average target price of $27.50.

In related news, insider Darryl Rawlings sold 3,500 shares of the business’s stock in a transaction on Tuesday, August 8th. The stock was sold at an average price of $22.81, for a total transaction of $79,835.00. Following the sale, the insider now directly owns 1,456,505 shares in the company, valued at approximately $33,222,879.05. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Howard E. Rubin sold 100,000 shares of the company’s stock in a transaction dated Monday, October 2nd. The stock was sold at an average price of $25.90, for a total value of $2,590,000.00. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 134,000 shares of company stock worth $3,361,063.

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.

Earnings History for Trupanion (NYSE:TRUP)

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