Trupanion, Inc. (NASDAQ:TRUP) Receives Average Recommendation of “Moderate Buy” from Brokerages

Shares of Trupanion, Inc. (NASDAQ:TRUP) have earned an average recommendation of “Moderate Buy” from the six brokerages that are covering the firm, MarketBeat reports. Three investment analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 1 year price target among brokers that have covered the stock in the last year is $54.1667.

A number of brokerages have recently commented on TRUP. Stifel Nicolaus boosted their target price on shares of Trupanion from $41.00 to $45.00 and gave the company a “hold” rating in a report on Friday, August 8th. Piper Sandler upped their price objective on Trupanion from $62.00 to $67.00 and gave the company an “overweight” rating in a research report on Friday, August 8th. Cantor Fitzgerald raised Trupanion to a “hold” rating in a report on Wednesday, August 13th. Finally, Lake Street Capital decreased their price target on Trupanion from $65.00 to $60.00 and set a “buy” rating for the company in a research note on Friday, May 2nd.

Trupanion Stock Down 0.5%

TRUP opened at $47.75 on Thursday. Trupanion has a 12 month low of $31.00 and a 12 month high of $57.90. The company has a current ratio of 1.69, a quick ratio of 1.69 and a debt-to-equity ratio of 0.32. The business’s 50-day moving average price is $51.05 and its 200-day moving average price is $44.08. The company has a market cap of $2.05 billion, a P/E ratio of 183.66 and a beta of 1.78.

Trupanion (NASDAQ:TRUP) last issued its earnings results on Thursday, August 7th. The financial services provider reported $0.22 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.03) by $0.25. Trupanion had a net margin of 0.81% and a return on equity of 3.31%. The firm had revenue of $353.56 million for the quarter, compared to analysts’ expectations of $346.73 million. During the same quarter last year, the business earned ($0.14) earnings per share. The business’s revenue was up 12.3% on a year-over-year basis. Trupanion has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, equities analysts expect that Trupanion will post 0.13 EPS for the current year.

Insider Transactions at Trupanion

In other news, CFO Fawwad Qureshi sold 2,534 shares of the business’s stock in a transaction that occurred on Thursday, May 29th. The shares were sold at an average price of $48.31, for a total transaction of $122,417.54. Following the completion of the transaction, the chief financial officer directly owned 3,545 shares of the company’s stock, valued at $171,258.95. The trade was a 41.68% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, COO John R. Gallagher sold 4,000 shares of the stock in a transaction that occurred on Thursday, May 29th. The shares were sold at an average price of $47.90, for a total transaction of $191,600.00. Following the transaction, the chief operating officer owned 26,966 shares in the company, valued at approximately $1,291,671.40. This trade represents a 12.92% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 7,562 shares of company stock valued at $361,430. 5.42% of the stock is owned by insiders.

Hedge Funds Weigh In On Trupanion

Several hedge funds and other institutional investors have recently modified their holdings of TRUP. Balyasny Asset Management L.P. raised its position in Trupanion by 368.2% in the fourth quarter. Balyasny Asset Management L.P. now owns 841,254 shares of the financial services provider’s stock worth $40,548,000 after acquiring an additional 661,559 shares during the period. Wellington Management Group LLP grew its position in shares of Trupanion by 13.2% during the 1st quarter. Wellington Management Group LLP now owns 2,491,227 shares of the financial services provider’s stock valued at $92,848,000 after acquiring an additional 290,788 shares during the period. Jacobs Levy Equity Management Inc. increased its stake in shares of Trupanion by 2,029.0% in the 1st quarter. Jacobs Levy Equity Management Inc. now owns 303,550 shares of the financial services provider’s stock worth $11,313,000 after purchasing an additional 289,292 shares in the last quarter. BNP Paribas Financial Markets increased its stake in shares of Trupanion by 170.7% in the 4th quarter. BNP Paribas Financial Markets now owns 337,093 shares of the financial services provider’s stock worth $16,248,000 after purchasing an additional 212,545 shares in the last quarter. Finally, Hosking Partners LLP raised its holdings in Trupanion by 86.9% in the 1st quarter. Hosking Partners LLP now owns 397,656 shares of the financial services provider’s stock worth $14,821,000 after purchasing an additional 184,936 shares during the period.

Trupanion Company Profile

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