AlphaQuest LLC Buys 950 Shares of Trupanion, Inc. $TRUP

AlphaQuest LLC increased its stake in shares of Trupanion, Inc. (NASDAQ:TRUP) by 940.6% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,051 shares of the financial services provider’s stock after buying an additional 950 shares during the quarter. AlphaQuest LLC’s holdings in Trupanion were worth $39,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Palisade Capital Management LP lifted its position in shares of Trupanion by 36.7% during the 1st quarter. Palisade Capital Management LP now owns 244,354 shares of the financial services provider’s stock worth $9,107,000 after buying an additional 65,653 shares during the period. Dimensional Fund Advisors LP lifted its position in shares of Trupanion by 112.2% during the 4th quarter. Dimensional Fund Advisors LP now owns 273,910 shares of the financial services provider’s stock worth $13,204,000 after buying an additional 144,828 shares during the period. Russell Investments Group Ltd. lifted its position in shares of Trupanion by 277.7% during the 1st quarter. Russell Investments Group Ltd. now owns 34,643 shares of the financial services provider’s stock worth $1,291,000 after buying an additional 25,471 shares during the period. Northern Trust Corp lifted 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 worth $17,749,000 after buying an additional 30,549 shares during the period. Finally, Banque Pictet & Cie SA bought a new position in shares of Trupanion during the 1st quarter worth approximately $439,000.

Wall Street Analysts Forecast Growth

TRUP has been the subject of several analyst reports. Piper Sandler raised their target price on Trupanion from $62.00 to $67.00 and gave the stock an “overweight” rating in a research report on Friday, August 8th. Cantor Fitzgerald upgraded Trupanion to a “hold” rating in a research report on Wednesday, August 13th. Finally, Stifel Nicolaus lifted their price objective on Trupanion from $41.00 to $45.00 and gave the company a “hold” rating in a research report on Friday, August 8th. Three research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $54.17.

Insider Buying and Selling at Trupanion

In other news, 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 sale, the chief financial officer owned 6,451 shares in the company, valued at $293,907.56. The trade was a 30.27% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 5.42% of the stock is currently owned by insiders.

Trupanion Trading Up 1.1%

Shares of TRUP opened at $44.65 on Friday. The stock has a fifty day moving average price of $49.22 and a two-hundred day moving average price of $43.98. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.69 and a current ratio of 1.69. Trupanion, Inc. has a 52-week low of $31.00 and a 52-week high of $57.90. The company has a market cap of $1.92 billion, a price-to-earnings ratio of 171.74 and a beta of 1.72.

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

About Trupanion

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.