Trupanion (NASDAQ:TRUP)‘s stock had its “buy” rating restated by analysts at Northland Securities in a research report issued on Thursday. They presently have a $38.00 price objective on the financial services provider’s stock. Northland Securities’ price objective would indicate a potential upside of 20.87% from the stock’s current price.

TRUP has been the subject of several other research reports. Zacks Investment Research raised shares of Trupanion from a “hold” rating to a “buy” rating and set a $37.00 price objective for the company in a research note on Wednesday, November 8th. Canaccord Genuity reaffirmed a “buy” rating and set a $35.00 price objective (up previously from $29.00) on shares of Trupanion in a research note on Tuesday, October 31st. BidaskClub raised shares of Trupanion from a “sell” rating to a “hold” rating in a research note on Tuesday, December 12th. Finally, CL King started coverage on shares of Trupanion in a research note on Tuesday, November 21st. They set a “neutral” rating for the company. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and six have given a buy rating to the stock. The stock has a consensus rating of “Buy” and an average target price of $31.33.

Shares of Trupanion (TRUP) traded down $0.61 during midday trading on Thursday, reaching $31.44. 280,126 shares of the company traded hands, compared to its average volume of 252,587. Trupanion has a one year low of $13.88 and a one year high of $36.88. The stock has a market cap of $979.16, a PE ratio of -349.33 and a beta of 0.34. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.87 and a current ratio of 1.87.

In other Trupanion news, insider Darryl Rawlings sold 3,500 shares of the business’s stock in a transaction dated Thursday, February 1st. The shares were sold at an average price of $34.36, for a total value of $120,260.00. Following the transaction, the insider now directly owns 1,382,976 shares in the company, valued at approximately $47,519,055.36. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Ian Moffat sold 7,000 shares of the business’s stock in a transaction dated Monday, November 27th. The shares were sold at an average price of $30.06, for a total transaction of $210,420.00. Following the completion of the transaction, the chief operating officer now owns 7,000 shares in the company, valued at $210,420. The disclosure for this sale can be found here. Insiders sold a total of 28,039 shares of company stock worth $868,823 over the last quarter. 31.24% of the stock is currently owned by company insiders.

A number of large investors have recently bought and sold shares of the business. Wells Fargo & Company MN boosted its holdings in Trupanion by 13.5% in the 2nd quarter. Wells Fargo & Company MN now owns 11,261 shares of the financial services provider’s stock valued at $252,000 after purchasing an additional 1,342 shares during the last quarter. California Public Employees Retirement System lifted its holdings in shares of Trupanion by 3.7% in the 2nd quarter. California Public Employees Retirement System now owns 42,200 shares of the financial services provider’s stock worth $944,000 after acquiring an additional 1,500 shares during the last quarter. Alliancebernstein L.P. lifted its holdings in shares of Trupanion by 11.4% in the 2nd quarter. Alliancebernstein L.P. now owns 18,600 shares of the financial services provider’s stock worth $416,000 after acquiring an additional 1,900 shares during the last quarter. Bank of New York Mellon Corp lifted its holdings in shares of Trupanion by 3.2% in the 3rd quarter. Bank of New York Mellon Corp now owns 77,182 shares of the financial services provider’s stock worth $2,038,000 after acquiring an additional 2,382 shares during the last quarter. Finally, Nationwide Fund Advisors lifted its holdings in shares of Trupanion by 52.7% in the 2nd quarter. Nationwide Fund Advisors now owns 12,694 shares of the financial services provider’s stock worth $284,000 after acquiring an additional 4,380 shares during the last quarter. Institutional investors own 63.76% of the company’s stock.

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Trupanion Company Profile

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.

Analyst Recommendations for Trupanion (NASDAQ:TRUP)

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