Russell Investments Group Ltd. Grows Stock Position in Trupanion, Inc. $TRUP

Russell Investments Group Ltd. increased its position in shares of Trupanion, Inc. (NASDAQ:TRUP) by 277.7% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 34,643 shares of the financial services provider’s stock after buying an additional 25,471 shares during the quarter. Russell Investments Group Ltd. owned about 0.08% of Trupanion worth $1,291,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Balyasny Asset Management L.P. raised its position in shares of Trupanion by 368.2% during the 4th quarter. Balyasny Asset Management L.P. now owns 841,254 shares of the financial services provider’s stock valued at $40,548,000 after buying an additional 661,559 shares during the period. Hosking Partners LLP raised its position in shares of Trupanion by 86.9% during the 1st quarter. Hosking Partners LLP now owns 397,656 shares of the financial services provider’s stock valued at $14,821,000 after buying an additional 184,936 shares during the period. Northern Trust Corp raised its position in shares of Trupanion by 9.0% during the 4th quarter. Northern Trust Corp now owns 368,236 shares of the financial services provider’s stock valued at $17,749,000 after buying an additional 30,549 shares during the period. BNP Paribas Financial Markets raised its position in shares of Trupanion by 170.7% during the 4th quarter. BNP Paribas Financial Markets now owns 337,093 shares of the financial services provider’s stock valued at $16,248,000 after buying an additional 212,545 shares during the period. Finally, Kopion Asset Management LLC raised its position in shares of Trupanion by 18.7% during the 1st quarter. Kopion Asset Management LLC now owns 281,072 shares of the financial services provider’s stock valued at $10,476,000 after buying an additional 44,285 shares during the period.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the stock. Stifel Nicolaus lifted 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. Lake Street Capital dropped their target price on shares of Trupanion from $65.00 to $60.00 and set a “buy” rating for the company in a report on Friday, May 2nd. Piper Sandler lifted their target price on shares of Trupanion from $62.00 to $67.00 and gave the company an “overweight” rating in a report on Friday, August 8th. Finally, Cantor Fitzgerald upgraded shares of Trupanion to a “hold” rating in a report on Wednesday, August 13th. Three research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $54.17.

Insider Buying and Selling at Trupanion

In other Trupanion news, insider Brenna Mcgibney sold 2,390 shares of the business’s stock in a transaction on Monday, June 2nd. The shares were sold at an average price of $45.17, for a total value of $107,956.30. Following the completion of the transaction, the insider owned 1,317 shares in the company, valued at $59,488.89. The trade was a 64.47% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CFO Fawwad Qureshi sold 2,800 shares of the business’s stock in a transaction on Tuesday, August 26th. The stock was sold at an average price of $45.56, for a total transaction of $127,568.00. Following the completion of the transaction, the chief financial officer owned 6,451 shares of the company’s stock, valued at approximately $293,907.56. This trade represents a 30.27% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 5,390 shares of company stock valued at $245,238. Insiders own 5.42% of the company’s stock.

Trupanion Stock Performance

NASDAQ:TRUP opened at $46.35 on Thursday. The company has a fifty day simple moving average of $50.47 and a two-hundred day simple moving average of $44.08. The company has a market cap of $1.99 billion, a price-to-earnings ratio of 178.28 and a beta of 1.78. The company has a quick ratio of 1.69, a current ratio of 1.69 and a debt-to-equity ratio of 0.32. Trupanion, Inc. has a 52 week low of $31.00 and a 52 week high of $57.90.

Trupanion (NASDAQ:TRUP) last posted its quarterly earnings results on Thursday, August 7th. The financial services provider reported $0.22 EPS for the quarter, topping the consensus estimate of ($0.03) by $0.25. The business had revenue of $353.56 million during the quarter, compared to the consensus estimate of $346.73 million. Trupanion had a net margin of 0.81% and a return on equity of 3.31%. The company’s quarterly revenue was up 12.3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted ($0.14) earnings per share. Trupanion has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. As a group, equities analysts anticipate that Trupanion, Inc. will post 0.13 earnings per share for the current fiscal year.

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.