Trupanion, Inc. (NASDAQ:TRUP) has earned a consensus rating of “Buy” from the ten research firms that are covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and six have issued a buy rating on the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $28.83.

Several brokerages have commented on TRUP. CL King began coverage on Trupanion in a report on Tuesday, November 21st. They set a “neutral” rating on the stock. BidaskClub downgraded Trupanion from a “hold” rating to a “sell” rating in a report on Tuesday, December 5th. Zacks Investment Research raised Trupanion from a “hold” rating to a “buy” rating and set a $37.00 target price on the stock in a report on Wednesday, November 8th. Finally, Canaccord Genuity reaffirmed a “buy” rating and set a $35.00 target price (up from $29.00) on shares of Trupanion in a report on Tuesday, October 31st.

In related news, Director Murray B. Low sold 3,000 shares of the business’s stock in a transaction dated Tuesday, November 14th. The stock was sold at an average price of $31.14, for a total value of $93,420.00. Following the completion of the sale, the director now directly owns 197,281 shares of the company’s stock, valued at approximately $6,143,330.34. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Tricia Plouf sold 1,000 shares of the business’s stock in a transaction dated Tuesday, November 7th. The shares were sold at an average price of $32.11, for a total value of $32,110.00. Following the completion of the sale, the chief financial officer now directly owns 14,000 shares of the company’s stock, valued at $449,540. The disclosure for this sale can be found here. Insiders sold a total of 22,039 shares of company stock worth $661,393 over the last three months. 31.24% of the stock is owned by company insiders.

A number of institutional investors have recently modified their holdings of TRUP. American Century Companies Inc. bought a new stake in Trupanion in the 2nd quarter valued at about $3,434,000. San Francisco Sentry Investment Group CA bought a new stake in Trupanion in the 2nd quarter valued at about $2,972,000. Lagoda Investment Management L.P. bought a new stake in Trupanion in the 2nd quarter valued at about $2,944,000. State Street Corp increased its position in Trupanion by 54.4% in the 2nd quarter. State Street Corp now owns 346,367 shares of the financial services provider’s stock valued at $7,752,000 after buying an additional 121,990 shares in the last quarter. Finally, Vanguard Group Inc. increased its position in Trupanion by 16.6% in the 2nd quarter. Vanguard Group Inc. now owns 758,594 shares of the financial services provider’s stock valued at $16,977,000 after buying an additional 108,135 shares in the last quarter. 63.25% of the stock is owned by institutional investors and hedge funds.

Shares of Trupanion (TRUP) opened at $32.14 on Monday. The company has a current ratio of 1.87, a quick ratio of 1.87 and a debt-to-equity ratio of 0.15. Trupanion has a twelve month low of $13.71 and a twelve month high of $33.00. The firm has a market capitalization of $965.48, a price-to-earnings ratio of -357.11 and a beta of 0.14.

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

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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 (NASDAQ:TRUP)

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