Rhumbline Advisers Trims Stock Holdings in Trupanion, Inc. $TRUP

Rhumbline Advisers lowered its holdings in Trupanion, Inc. (NASDAQ:TRUP) by 0.4% in the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 90,245 shares of the financial services provider’s stock after selling 377 shares during the period. Rhumbline Advisers owned about 0.21% of Trupanion worth $3,363,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Bayforest Capital Ltd boosted its holdings in Trupanion by 627.4% in the first quarter. Bayforest Capital Ltd now owns 28,457 shares of the financial services provider’s stock valued at $1,061,000 after purchasing an additional 24,545 shares during the last quarter. Millennium Management LLC lifted its holdings in Trupanion by 73.5% during the 1st quarter. Millennium Management LLC now owns 267,976 shares of the financial services provider’s stock worth $9,987,000 after buying an additional 113,490 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in Trupanion by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 19,603 shares of the financial services provider’s stock worth $731,000 after buying an additional 858 shares during the last quarter. Jacobs Levy Equity Management Inc. lifted its holdings in Trupanion by 2,029.0% during 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 buying an additional 289,292 shares during the last quarter. Finally, PDT Partners LLC lifted its holdings in Trupanion by 346.2% during the 1st quarter. PDT Partners LLC now owns 136,110 shares of the financial services provider’s stock worth $5,073,000 after buying an additional 105,605 shares during the last quarter.

Insider Activity at Trupanion

In related news, Director Darryl Rawlings sold 30,369 shares of the firm’s stock in a transaction that occurred on Thursday, September 4th. The stock was sold at an average price of $44.70, for a total value of $1,357,494.30. Following the sale, the director directly owned 1,413,281 shares in the company, valued at $63,173,660.70. This trade represents a 2.10% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Fawwad Qureshi sold 2,800 shares of Trupanion stock in a transaction on Tuesday, August 26th. The shares were sold at an average price of $45.56, for a total value of $127,568.00. Following the transaction, the chief financial officer owned 6,451 shares in the company, valued at approximately $293,907.56. This trade represents a 30.27% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 52,800 shares of company stock worth $2,364,335. 5.42% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the company. Stifel Nicolaus increased their target price on Trupanion from $41.00 to $45.00 and gave the stock a “hold” rating in a report on Friday, August 8th. Cantor Fitzgerald raised Trupanion to a “hold” rating in a report on Wednesday, August 13th. Finally, Piper Sandler raised their price target on Trupanion from $62.00 to $67.00 and gave the stock an “overweight” rating in a 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 company. According to data from MarketBeat.com, Trupanion presently has a consensus rating of “Moderate Buy” and a consensus price target of $54.17.

Trupanion Stock Up 2.8%

TRUP opened at $44.73 on Tuesday. Trupanion, Inc. has a 12 month low of $31.00 and a 12 month high of $57.90. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.69 and a quick ratio of 1.69. The stock has a market cap of $1.92 billion, a P/E ratio of 172.05 and a beta of 1.72. The stock’s 50 day moving average price is $47.85 and its 200 day moving average price is $44.39.

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