Shares of Trupanion Inc (NYSE:TRUP) have received an average recommendation of “Buy” from the nine research firms that are presently covering the stock, MarketBeat Ratings reports. Three research analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is $26.00.

TRUP has been the topic of a number of recent research reports. Cowen and Company reissued an “outperform” rating and set a $28.00 price target (up from $19.00) on shares of Trupanion in a research note on Wednesday, August 2nd. Royal Bank Of Canada lifted their price target on Trupanion from $19.00 to $26.00 and gave the company an “outperform” rating in a research note on Wednesday, August 2nd. Stifel Nicolaus reissued a “buy” rating and set a $24.00 price target (up from $18.00) on shares of Trupanion in a research note on Wednesday, August 2nd. Northland Securities set a $23.00 price target on Trupanion and gave the company a “buy” rating in a research note on Thursday, July 6th. Finally, BidaskClub lowered Trupanion from a “buy” rating to a “hold” rating in a research note on Tuesday.

In related news, insider Darryl Rawlings sold 3,500 shares of Trupanion stock in a transaction that occurred on Tuesday, August 8th. The stock was sold at an average price of $22.81, for a total value of $79,835.00. Following the transaction, the insider now directly owns 1,456,505 shares of the company’s stock, valued at $33,222,879.05. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, major shareholder General Partner Ll Maveron III sold 6,083 shares of Trupanion stock in a transaction that occurred on Monday, May 15th. The stock was sold at an average price of $16.89, for a total value of $102,741.87. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 40,135 shares of company stock worth $848,658.

Institutional investors have recently bought and sold shares of the company. New York State Common Retirement Fund raised its position in Trupanion by 61.7% in the second quarter. New York State Common Retirement Fund now owns 24,100 shares of the financial services provider’s stock worth $539,000 after buying an additional 9,199 shares in the last quarter. Nationwide Fund Advisors raised its position in Trupanion by 52.7% in the second quarter. Nationwide Fund Advisors now owns 12,694 shares of the financial services provider’s stock worth $284,000 after buying an additional 4,380 shares in the last quarter. TIAA CREF Investment Management LLC raised its position in Trupanion by 43.8% in the second quarter. TIAA CREF Investment Management LLC now owns 75,114 shares of the financial services provider’s stock worth $1,681,000 after buying an additional 22,888 shares in the last quarter. Teachers Advisors LLC raised its position in Trupanion by 30.5% in the second quarter. Teachers Advisors LLC now owns 55,773 shares of the financial services provider’s stock worth $1,248,000 after buying an additional 13,048 shares in the last quarter. Finally, Baillie Gifford & Co. raised its position in Trupanion by 12.3% in the second quarter. Baillie Gifford & Co. now owns 982,373 shares of the financial services provider’s stock worth $21,985,000 after buying an additional 107,373 shares in the last quarter.

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Trupanion (TRUP) traded up 0.22% on Friday, reaching $22.45. 35,638 shares of the company’s stock were exchanged. The stock’s 50 day moving average is $22.85 and its 200 day moving average is $18.09. Trupanion has a 52 week low of $13.71 and a 52 week high of $25.00. The company’s market cap is $673.39 million.

Trupanion (NYSE:TRUP) last announced its quarterly earnings results on Tuesday, August 1st. The financial services provider reported ($0.02) EPS for the quarter, beating the Zacks’ consensus estimate of ($0.03) by $0.01. Trupanion had a negative return on equity of 13.24% and a negative net margin of 2.71%. The firm had revenue of $58.30 million for the quarter, compared to analyst estimates of $57.58 million. During the same period last year, the firm posted ($0.03) earnings per share. The business’s revenue for the quarter was up 27.3% on a year-over-year basis. On average, equities analysts anticipate that Trupanion will post ($0.10) earnings per share for the current year.

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 (NYSE:TRUP)

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