Goldman Sachs Group Inc. acquired a new stake in shares of Trupanion Inc (NYSE:TRUP) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 44,359 shares of the financial services provider’s stock, valued at approximately $993,000. Goldman Sachs Group Inc. owned about 0.15% of Trupanion as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the stock. Grand Jean Capital Management Inc. grew its position in shares of Trupanion by 1.5% during the 2nd quarter. Grand Jean Capital Management Inc. now owns 269,289 shares of the financial services provider’s stock valued at $6,027,000 after buying an additional 4,105 shares during the last quarter. Voya Investment Management LLC bought a new stake in shares of Trupanion during the 2nd quarter valued at about $215,000. EAM Investors LLC bought a new stake in shares of Trupanion during the 2nd quarter valued at about $992,000. Parametric Portfolio Associates LLC grew its position in shares of Trupanion by 13.7% during the 2nd quarter. Parametric Portfolio Associates LLC now owns 41,738 shares of the financial services provider’s stock valued at $934,000 after buying an additional 5,032 shares during the last quarter. Finally, California Public Employees Retirement System grew its position in shares of Trupanion by 3.7% during the 2nd quarter. California Public Employees Retirement System now owns 42,200 shares of the financial services provider’s stock valued at $944,000 after buying an additional 1,500 shares during the last quarter.

Trupanion Inc (NYSE TRUP) opened at $32.68 on Tuesday. Trupanion Inc has a 1 year low of $13.71 and a 1 year high of $32.39.

Trupanion (NYSE:TRUP) last posted its earnings results on Thursday, November 2nd. The financial services provider reported $0.01 EPS for the quarter, topping the consensus estimate of ($0.03) by $0.04. Trupanion had a net margin of 0.71% and a return on equity of 3.57%. The firm had revenue of $63.12 million during the quarter, compared to analysts’ expectations of $61.44 million. During the same quarter in the prior year, the firm earned ($0.06) EPS. Trupanion’s quarterly revenue was up 30.5% on a year-over-year basis.

In other Trupanion news, insider Darryl Rawlings sold 3,500 shares of the company’s stock in a transaction dated Wednesday, September 6th. The shares were sold at an average price of $21.13, for a total value of $73,955.00. Following the completion of the transaction, the insider now owns 1,449,505 shares in the company, valued at approximately $30,628,040.65. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Howard E. Rubin sold 100,000 shares of the stock in a transaction that occurred on Monday, October 2nd. The shares were sold at an average price of $25.90, for a total transaction of $2,590,000.00. The disclosure for this sale can be found here. In the last 90 days, insiders sold 130,500 shares of company stock valued at $3,281,228.

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A number of equities research analysts recently weighed in on the stock. Canaccord Genuity boosted their price objective on shares of Trupanion from $28.00 to $29.00 and gave the company a “buy” rating in a research report on Wednesday, August 2nd. Stifel Nicolaus reaffirmed a “buy” rating and set a $24.00 price objective (up previously from $18.00) on shares of Trupanion in a research report on Wednesday, August 2nd. Royal Bank Of Canada boosted their price objective on shares of Trupanion from $19.00 to $26.00 and gave the company an “outperform” rating in a research report on Wednesday, August 2nd. BidaskClub downgraded shares of Trupanion from a “buy” rating to a “hold” rating in a research report on Tuesday, August 8th. Finally, Cowen and Company restated an “outperform” rating and issued a $28.00 target price (up previously from $19.00) on shares of Trupanion in a research report on Wednesday, August 2nd. Two investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of $27.50.

About Trupanion

Trupanion, Inc provides medical insurance plans for cats and dogs throughout the United States, Canada and Puerto Rico. The Company operates in two business segments: subscription business and other business. The subscription business segment includes monthly subscriptions for its medical plan, which are marketed to consumers.

Institutional Ownership by Quarter for Trupanion (NYSE:TRUP)

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