Shares of Trupanion, Inc. (NASDAQ:TRUP – Get Free Report) have received an average recommendation of “Hold” from the six ratings firms that are presently covering the stock, MarketBeat.com reports. Four analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $53.80.
A number of analysts have recently weighed in on TRUP shares. Piper Sandler boosted their price objective on shares of Trupanion from $62.00 to $67.00 and gave the stock an “overweight” rating in a research note on Friday, August 8th. Weiss Ratings reissued a “hold (c-)” rating on shares of Trupanion in a research report on Wednesday. Stifel Nicolaus boosted their target price on shares of Trupanion from $41.00 to $45.00 and gave the stock a “hold” rating in a research report on Friday, August 8th. Finally, Cantor Fitzgerald raised shares of Trupanion to a “hold” rating in a research report on Wednesday, August 13th.
Check Out Our Latest Analysis on TRUP
Trupanion Price Performance
Trupanion (NASDAQ:TRUP – Get Free Report) last posted its earnings results on Thursday, August 7th. The financial services provider reported $0.22 earnings per share for the quarter, topping 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 during the quarter, compared to analyst estimates of $346.73 million. During the same period in the previous year, the company earned ($0.14) EPS. The company’s revenue for the quarter was up 12.3% on a year-over-year basis. Trupanion has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, equities research analysts predict that Trupanion will post 0.13 EPS for the current fiscal year.
Insider Transactions at Trupanion
In other news, CFO Fawwad Qureshi sold 2,800 shares of the company’s stock in a transaction that occurred 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 transaction, the chief financial officer directly 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 sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Darryl Rawlings sold 30,369 shares of the company’s stock in a transaction on Thursday, September 4th. The shares were sold at an average price of $44.70, for a total transaction of $1,357,494.30. Following the transaction, the director owned 1,413,281 shares of the company’s stock, valued at approximately $63,173,660.70. The trade was a 2.10% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 61,761 shares of company stock worth $2,739,621 over the last three months. 5.42% of the stock is currently owned by insiders.
Institutional Inflows and Outflows
A number of large investors have recently made changes to their positions in TRUP. GAMMA Investing LLC raised its holdings in Trupanion by 3,474.4% in the 1st quarter. GAMMA Investing LLC now owns 61,086 shares of the financial services provider’s stock valued at $2,277,000 after acquiring an additional 59,377 shares in the last quarter. SG Americas Securities LLC acquired a new position in Trupanion in the 1st quarter valued at approximately $387,000. Principal Financial Group Inc. raised its holdings in Trupanion by 2.3% in the 1st quarter. Principal Financial Group Inc. now owns 166,997 shares of the financial services provider’s stock valued at $6,224,000 after acquiring an additional 3,809 shares in the last quarter. Palisade Capital Management LP raised its holdings in Trupanion by 36.7% in the 1st quarter. Palisade Capital Management LP now owns 244,354 shares of the financial services provider’s stock valued at $9,107,000 after acquiring an additional 65,653 shares in the last quarter. Finally, Brown Advisory Inc. acquired a new position in shares of Trupanion in the first quarter valued at $420,000.
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.
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