Trupanion, Inc. (TRUP) Insider Sells $105,350.00 in Stock

Trupanion, Inc. (NASDAQ:TRUP) insider Darryl Rawlings sold 3,500 shares of the business’s stock in a transaction dated Wednesday, December 13th. The shares were sold at an average price of $30.10, for a total transaction of $105,350.00. Following the completion of the transaction, the insider now owns 1,393,476 shares in the company, valued at $41,943,627.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Darryl Rawlings also recently made the following trade(s):

  • On Wednesday, September 20th, Darryl Rawlings sold 3,500 shares of Trupanion stock. The shares were sold at an average price of $23.75, for a total transaction of $83,125.00.

Shares of Trupanion, Inc. (NASDAQ TRUP) traded up $0.05 during mid-day trading on Thursday, hitting $31.71. 228,929 shares of the company were exchanged, compared to its average volume of 162,850. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.87 and a current ratio of 1.87. Trupanion, Inc. has a 12 month low of $13.71 and a 12 month high of $33.00.

Trupanion (NASDAQ:TRUP) last announced its quarterly earnings results on Thursday, November 2nd. The financial services provider reported $0.01 EPS for the quarter, beating the Zacks’ consensus estimate of ($0.03) by $0.04. The company had revenue of $63.12 million for the quarter, compared to analysts’ expectations of $61.44 million. Trupanion had a negative net margin of 1.05% and a negative return on equity of 7.41%. Trupanion’s revenue was up 30.5% compared to the same quarter last year. During the same period in the prior year, the company posted ($0.06) EPS. research analysts forecast that Trupanion, Inc. will post -0.04 EPS for the current year.

A number of research firms have weighed in on TRUP. BidaskClub cut shares of Trupanion from a “hold” rating to a “sell” rating in a research note on Thursday, September 7th. CL King assumed coverage on shares of Trupanion in a research note on Tuesday, November 21st. They set a “neutral” rating on the stock. Zacks Investment Research upgraded shares of Trupanion from a “hold” rating to a “buy” rating and set a $37.00 price target on the stock in a research note on Wednesday, November 8th. Finally, Canaccord Genuity restated a “buy” rating and set a $35.00 price target (up from $29.00) on shares of Trupanion in a research note on Tuesday, October 31st. Three investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of $28.83.

Hedge funds have recently made changes to their positions in the stock. Alliancebernstein L.P. increased its holdings in Trupanion by 1.2% during the 1st quarter. Alliancebernstein L.P. now owns 16,700 shares of the financial services provider’s stock worth $237,000 after acquiring an additional 200 shares during the period. Wells Fargo & Company MN increased its holdings in Trupanion by 13.5% during the 2nd quarter. Wells Fargo & Company MN now owns 11,261 shares of the financial services provider’s stock worth $252,000 after acquiring an additional 1,342 shares during the period. California Public Employees Retirement System increased its holdings in 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 worth $944,000 after acquiring an additional 1,500 shares during the period. Bank of New York Mellon Corp increased its holdings in Trupanion by 3.2% during the 3rd quarter. Bank of New York Mellon Corp now owns 77,182 shares of the financial services provider’s stock worth $2,038,000 after acquiring an additional 2,382 shares during the period. Finally, Grand Jean Capital Management Inc. increased its holdings in 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 worth $6,027,000 after acquiring an additional 4,105 shares during the period. Institutional investors own 63.25% of the company’s stock.

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About Trupanion

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.

Insider Buying and Selling by Quarter for Trupanion (NASDAQ:TRUP)

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