Darryl Rawlings Sells 4,000 Shares of Trupanion, Inc. (NASDAQ:TRUP) Stock

Trupanion, Inc. (NASDAQ:TRUP – Get Rating) CEO Darryl Rawlings sold 4,000 shares of the business’s stock in a transaction on Wednesday, April 13th. The stock was sold at an average price of $84.86, for a total value of $339,440.00. Following the completion of the transaction, the chief executive officer now directly owns 853,109 shares of the company’s stock, valued at $72,394,829.74. 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 Monday, March 28th, Darryl Rawlings sold 4,000 shares of Trupanion stock. The stock was sold at an average price of $90.80, for a total value of $363,200.00.
• On Friday, March 11th, Darryl Rawlings sold 4,000 shares of Trupanion stock. The stock was sold at an average price of $81.04, for a total value of $324,160.00.
• On Tuesday, February 22nd, Darryl Rawlings sold 4,000 shares of Trupanion stock. The stock was sold at an average price of $79.22, for a total value of $316,880.00.
• On Friday, February 4th, Darryl Rawlings sold 4,000 shares of Trupanion stock. The shares were sold at an average price of $90.51, for a total value of $362,040.00.
• On Wednesday, January 19th, Darryl Rawlings sold 4,000 shares of Trupanion stock. The shares were sold at an average price of $97.29, for a total value of $389,160.00.

Shares of NASDAQ TRUP opened at $81.07 on Friday. Trupanion, Inc. has a 1 year low of $70.49 and a 1 year high of $158.25. The stock has a fifty day moving average price of $86.67 and a two-hundred day moving average price of $102.79.

Trupanion (NASDAQ:TRUP – Get Rating) last released its earnings results on Wednesday, February 16th. The financial services provider reported ($0.16) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.26) by $0.10. Trupanion had a negative return on equity of 9.69% and a negative net margin of 5.08%. The company had revenue of $194.38 million during the quarter, compared to analyst estimates of $193.09 million. During the same quarter in the prior year, the company earned ($0.09) earnings per share. The company’s revenue for the quarter was up 36.2% on a year-over-year basis. Equities research analysts forecast that Trupanion, Inc. will post -0.64 earnings per share for the current year.

A number of equities research analysts have recently commented on the company. TheStreet downgraded Trupanion from a “c-” rating to a “d+” rating in a research report on Wednesday, April 6th. Canaccord Genuity Group lowered their price target on Trupanion from $150.00 to $140.00 in a research report on Thursday, February 17th. StockNews.com assumed coverage on Trupanion in a research note on Thursday, March 31st. They set a “sell” rating on the stock. Piper Sandler cut their price target on Trupanion from $183.00 to $156.00 in a research note on Monday, February 7th. Finally, Bank of America upgraded Trupanion from a “neutral” rating to a “buy” rating and cut their price target for the stock from $129.00 to $118.00 in a research note on Thursday, February 24th. They noted that the move was a valuation call. One investment analyst has rated the stock with a sell rating, one has given a hold rating and two have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $133.50.

A number of institutional investors have recently bought and sold shares of the business. FNY Investment Advisers LLC acquired a new stake in shares of Trupanion in the fourth quarter valued at about $28,000. Rational Advisors LLC lifted its stake in shares of Trupanion by 112.5% in the fourth quarter. Rational Advisors LLC now owns 238 shares of the financial services provider’s stock valued at $31,000 after buying an additional 126 shares during the period. Lindbrook Capital LLC bought a new stake in shares of Trupanion in the fourth quarter valued at about $36,000. Dark Forest Capital Management LP bought a new position in Trupanion during the third quarter worth about $66,000. Finally, Point72 Hong Kong Ltd bought a new position in Trupanion during the third quarter worth about $79,000. 83.46% of the stock is currently owned by hedge funds and other institutional investors.

About Trupanion (Get Rating)

Trupanion, Inc, together with its subsidiaries, provides medical insurance for cats and dogs on a monthly subscription basis in the United States, Canada, Puerto Rico, and Australia. The company operates in two segments, Subscription Business and Other Business. It serves pet owners and veterinarians.

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