Shares of Trupanion, Inc. (NASDAQ:TRUP – Get Free Report) have earned a consensus rating of “Moderate Buy” from the six research firms that are covering the company, MarketBeat reports. Three research analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $54.1667.
A number of brokerages have weighed in on TRUP. Cantor Fitzgerald raised shares of Trupanion to a “hold” rating in a report on Wednesday, August 13th. Piper Sandler increased their target price on shares of Trupanion from $62.00 to $67.00 and gave the stock an “overweight” rating in a report on Friday, August 8th. Finally, Stifel Nicolaus increased their price objective on shares of Trupanion from $41.00 to $45.00 and gave the stock a “hold” rating in a report on Friday, August 8th.
Read Our Latest Analysis on TRUP
Trupanion Stock Up 1.4%
Trupanion (NASDAQ:TRUP – Get Free Report) last issued 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 for the quarter, compared to analysts’ expectations of $346.73 million. Trupanion had a net margin of 0.81% and a return on equity of 3.31%. The firm’s revenue was up 12.3% compared to the same quarter last year. During the same period in the prior year, the company earned ($0.14) earnings per share. Trupanion has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Equities analysts anticipate that Trupanion will post 0.13 EPS for the current year.
Insider Transactions at Trupanion
In related news, CFO Fawwad Qureshi sold 2,800 shares of the stock in a transaction dated Tuesday, August 26th. The shares were sold at an average price of $45.56, for a total value of $127,568.00. Following the sale, the chief financial officer owned 6,451 shares of the company’s stock, valued at $293,907.56. This trade represents a 30.27% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Darryl Rawlings sold 30,369 shares of the stock in a transaction dated Thursday, September 4th. The stock was sold at an average price of $44.70, for a total transaction of $1,357,494.30. Following the completion of the sale, the director directly owned 1,413,281 shares in the company, valued at approximately $63,173,660.70. This trade represents a 2.10% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 52,800 shares of company stock worth $2,364,335. Corporate insiders own 5.42% of the company’s stock.
Hedge Funds Weigh In On Trupanion
Several large investors have recently bought and sold shares of TRUP. Nisa Investment Advisors LLC boosted its position in shares of Trupanion by 44.1% during the 2nd quarter. Nisa Investment Advisors LLC now owns 980 shares of the financial services provider’s stock valued at $54,000 after purchasing an additional 300 shares in the last quarter. AlphaQuest LLC boosted its holdings in shares of Trupanion by 940.6% in the first quarter. AlphaQuest LLC now owns 1,051 shares of the financial services provider’s stock worth $39,000 after buying an additional 950 shares during the period. GAMMA Investing LLC lifted its position in shares of Trupanion by 30.1% in the second quarter. GAMMA Investing LLC now owns 2,133 shares of the financial services provider’s stock worth $118,000 after purchasing an additional 494 shares in the last quarter. PNC Financial Services Group Inc. lifted its position in shares of Trupanion by 11.8% in the first quarter. PNC Financial Services Group Inc. now owns 2,234 shares of the financial services provider’s stock worth $83,000 after purchasing an additional 235 shares in the last quarter. Finally, Lake Hills Wealth Management LLC purchased a new stake in shares of Trupanion in the second quarter worth approximately $204,000.
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.
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