Trupanion Inc (NASDAQ:TRUP) Insider Asher Bearman Sells 400 Shares

Trupanion Inc (NASDAQ:TRUP) insider Asher Bearman sold 400 shares of Trupanion stock in a transaction that occurred on Tuesday, June 11th. The shares were sold at an average price of $34.00, for a total transaction of $13,600.00. Following the sale, the insider now directly owns 2,514 shares of the company’s stock, valued at approximately $85,476. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Asher Bearman also recently made the following trade(s):

  • On Monday, April 29th, Asher Bearman sold 400 shares of Trupanion stock. The shares were sold at an average price of $33.00, for a total transaction of $13,200.00.
  • On Tuesday, April 2nd, Asher Bearman sold 12,500 shares of Trupanion stock. The shares were sold at an average price of $35.00, for a total transaction of $437,500.00.
  • On Friday, March 29th, Asher Bearman sold 10,300 shares of Trupanion stock. The shares were sold at an average price of $32.58, for a total transaction of $335,574.00.

NASDAQ:TRUP traded up $0.83 during trading hours on Wednesday, reaching $33.19. The company’s stock had a trading volume of 89,800 shares, compared to its average volume of 262,268. The company has a market capitalization of $1.12 billion, a price-to-earnings ratio of -1,106.33 and a beta of 1.21. Trupanion Inc has a 12 month low of $22.38 and a 12 month high of $46.70. The company has a quick ratio of 1.85, a current ratio of 1.85 and a debt-to-equity ratio of 0.14.

Trupanion (NASDAQ:TRUP) last issued its quarterly earnings data on Thursday, May 2nd. The financial services provider reported ($0.04) EPS for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.03). The business had revenue of $86.98 million during the quarter, compared to the consensus estimate of $85.87 million. Trupanion had a negative return on equity of 0.59% and a negative net margin of 0.23%. The business’s quarterly revenue was up 24.7% on a year-over-year basis. During the same period last year, the firm earned ($0.05) EPS. On average, sell-side analysts expect that Trupanion Inc will post -0.03 EPS for the current year.

Large investors have recently modified their holdings of the stock. Victory Capital Management Inc. raised its stake in Trupanion by 5.9% in the fourth quarter. Victory Capital Management Inc. now owns 19,840 shares of the financial services provider’s stock worth $505,000 after buying an additional 1,105 shares in the last quarter. Phoenician Capital LLC bought a new position in Trupanion in the fourth quarter worth approximately $3,355,000. Royce & Associates LP raised its stake in Trupanion by 11.4% in the fourth quarter. Royce & Associates LP now owns 330,392 shares of the financial services provider’s stock worth $8,412,000 after buying an additional 33,692 shares in the last quarter. KBC Group NV bought a new position in Trupanion in the fourth quarter worth approximately $350,000. Finally, Nine Ten Capital Management LLC raised its stake in Trupanion by 8.1% in the fourth quarter. Nine Ten Capital Management LLC now owns 3,019,914 shares of the financial services provider’s stock worth $76,887,000 after buying an additional 227,423 shares in the last quarter. 97.83% of the stock is owned by institutional investors.

Several analysts have recently weighed in on the stock. Zacks Investment Research raised shares of Trupanion from a “hold” rating to a “buy” rating and set a $40.00 price target for the company in a research note on Wednesday, April 17th. BidaskClub raised shares of Trupanion from a “buy” rating to a “strong-buy” rating in a research note on Monday, April 1st. ValuEngine raised shares of Trupanion from a “hold” rating to a “buy” rating in a research note on Thursday, March 21st. Guggenheim assumed coverage on shares of Trupanion in a research note on Thursday, May 23rd. They set a “buy” rating and a $35.00 price target for the company. Finally, Northland Securities assumed coverage on shares of Trupanion in a research note on Tuesday, May 14th. They set a “buy” rating and a $40.00 price target for the company. One analyst has rated the stock with a hold rating and twelve have given a buy rating to the company. Trupanion currently has an average rating of “Buy” and an average price target of $43.90.

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About Trupanion

Trupanion, Inc, together with its subsidiaries, provides medical insurance for cats and dogs on monthly subscription basis in the United States, Canada, and Puerto Rico. The company operates through Subscription Business and Other Business segments. It serves pet owners and veterinarians through third-party referrals and online member acquisition channels.

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

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