Trupanion, Inc. (NASDAQ:TRUP) Shares Bought by Texas Permanent School Fund

Texas Permanent School Fund increased its stake in Trupanion, Inc. (NASDAQ:TRUPGet Rating) by 2.8% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 25,017 shares of the financial services provider’s stock after purchasing an additional 691 shares during the period. Texas Permanent School Fund owned 0.06% of Trupanion worth $1,508,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently bought and sold shares of TRUP. Prospera Financial Services Inc acquired a new stake in Trupanion during the 1st quarter valued at approximately $49,000. Tcwp LLC acquired a new stake in Trupanion during the 1st quarter valued at approximately $54,000. Captrust Financial Advisors lifted its stake in Trupanion by 162.6% during the 1st quarter. Captrust Financial Advisors now owns 893 shares of the financial services provider’s stock valued at $80,000 after acquiring an additional 553 shares during the period. Harbor Investment Advisory LLC lifted its stake in Trupanion by 31.9% during the 2nd quarter. Harbor Investment Advisory LLC now owns 942 shares of the financial services provider’s stock valued at $57,000 after acquiring an additional 228 shares during the period. Finally, Benjamin Edwards Inc. acquired a new stake in Trupanion during the 1st quarter valued at approximately $93,000. 97.85% of the stock is currently owned by institutional investors and hedge funds.

Trupanion Price Performance

Trupanion stock opened at $59.22 on Friday. Trupanion, Inc. has a 52-week low of $40.77 and a 52-week high of $158.25. The firm has a market capitalization of $2.42 billion, a price-to-earnings ratio of -56.94 and a beta of 1.79. The company has a fifty day simple moving average of $56.42 and a 200-day simple moving average of $62.14. The company has a quick ratio of 1.50, a current ratio of 1.50 and a debt-to-equity ratio of 0.18.

Wall Street Analyst Weigh In

Several analysts have commented on the stock. Canaccord Genuity Group decreased their price objective on shares of Trupanion from $100.00 to $90.00 in a research note on Friday, August 5th. Northland Securities decreased their price objective on shares of Trupanion from $80.00 to $70.00 in a research note on Thursday, August 4th. Jefferies Financial Group assumed coverage on shares of Trupanion in a report on Wednesday, September 21st. They set a “buy” rating and a $77.00 target price for the company. Evercore ISI cut their target price on shares of Trupanion to $85.00 in a report on Tuesday, August 9th. Finally, UBS Group cut their target price on shares of Trupanion from $80.00 to $66.00 and set a “buy” rating for the company in a report on Friday, November 4th. One analyst has rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $78.38.

Insider Transactions at Trupanion

In other news, CEO Darryl Rawlings sold 4,000 shares of the company’s stock in a transaction on Thursday, November 3rd. The shares were sold at an average price of $44.16, for a total transaction of $176,640.00. Following the completion of the sale, the chief executive officer now owns 857,109 shares of the company’s stock, valued at $37,849,933.44. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. In other news, Director Michael Doak sold 700 shares of the company’s stock in a transaction on Wednesday, October 5th. The shares were sold at an average price of $60.50, for a total transaction of $42,350.00. Following the completion of the sale, the director now owns 1,344 shares of the company’s stock, valued at $81,312. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Darryl Rawlings sold 4,000 shares of the company’s stock in a transaction on Thursday, November 3rd. The stock was sold at an average price of $44.16, for a total transaction of $176,640.00. Following the sale, the chief executive officer now directly owns 857,109 shares of the company’s stock, valued at approximately $37,849,933.44. The disclosure for this sale can be found here. Insiders sold 19,700 shares of company stock valued at $1,159,060 over the last 90 days. 5.86% of the stock is currently owned by corporate insiders.

Trupanion Company Profile

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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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Institutional Ownership by Quarter for Trupanion (NASDAQ:TRUP)

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