Trupanion, Inc. $TRUP Shares Bought by Hosking Partners LLP

Hosking Partners LLP raised its position in Trupanion, Inc. (NASDAQ:TRUP) by 8.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 465,950 shares of the financial services provider’s stock after acquiring an additional 35,020 shares during the period. Hosking Partners LLP owned approximately 1.08% of Trupanion worth $17,413,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Federated Hermes Inc. purchased a new position in Trupanion during the 3rd quarter worth $33,000. Pilgrim Partners Asia Pte Ltd purchased a new position in Trupanion during the 3rd quarter worth $39,000. Kelleher Financial Advisors purchased a new position in Trupanion during the 3rd quarter worth $74,000. PNC Financial Services Group Inc. grew its stake in Trupanion by 21.7% during the 3rd quarter. PNC Financial Services Group Inc. now owns 2,678 shares of the financial services provider’s stock worth $116,000 after buying an additional 478 shares during the last quarter. Finally, AlphaQuest LLC grew its stake in Trupanion by 16.5% during the 3rd quarter. AlphaQuest LLC now owns 3,444 shares of the financial services provider’s stock worth $149,000 after buying an additional 487 shares during the last quarter.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on TRUP shares. Stifel Nicolaus dropped their target price on Trupanion from $35.00 to $31.00 and set a “hold” rating on the stock in a research note on Tuesday, March 31st. Weiss Ratings lowered shares of Trupanion from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Wednesday, March 4th. Bank of America decreased their price target on shares of Trupanion from $63.00 to $59.00 and set a “buy” rating for the company in a report on Tuesday, April 14th. Zacks Research cut shares of Trupanion from a “strong-buy” rating to a “hold” rating in a report on Friday, February 13th. Finally, Piper Sandler decreased their price target on shares of Trupanion from $60.00 to $45.00 and set an “overweight” rating for the company in a report on Friday, February 13th. Two analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $42.25.

Insider Activity at Trupanion

In related news, CFO Fawwad Qureshi sold 4,645 shares of the company’s stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $25.61, for a total value of $118,958.45. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, COO John R. Gallagher sold 5,283 shares of the company’s stock in a transaction dated Friday, February 27th. The stock was sold at an average price of $26.52, for a total value of $140,105.16. Following the completion of the transaction, the chief operating officer directly owned 32,387 shares of the company’s stock, valued at $858,903.24. The trade was a 14.02% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 21,503 shares of company stock worth $578,537 in the last three months. Company insiders own 5.42% of the company’s stock.

Trupanion Stock Performance

TRUP opened at $24.61 on Monday. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.73 and a quick ratio of 1.73. The firm has a fifty day moving average price of $26.20 and a 200 day moving average price of $32.46. Trupanion, Inc. has a 1 year low of $23.80 and a 1 year high of $57.88. The stock has a market cap of $1.07 billion, a P/E ratio of 41.71 and a beta of 1.49.

Trupanion (NASDAQ:TRUP) last posted its earnings results on Thursday, April 30th. The financial services provider reported $0.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.07 by $0.04. Trupanion had a net margin of 1.74% and a return on equity of 6.87%. The firm had revenue of $384.05 million during the quarter, compared to analysts’ expectations of $379.77 million. During the same period in the previous year, the business posted ($0.03) EPS. The business’s revenue was up 12.3% compared to the same quarter last year. Equities research analysts anticipate that Trupanion, Inc. will post 0.53 earnings per share for the current year.

Trupanion Company Profile

Trupanion, Inc is a pet medical insurance company that provides comprehensive insurance coverage for cats and dogs. The company’s core offering is a single, customizable medical policy designed to cover veterinary diagnostic tests, surgeries, hospital stays and congenital or hereditary conditions. Trupanion seeks to streamline the claims process by offering direct payment options to participating veterinarians, reducing the need for upfront payments by pet owners.

Founded in 1999 by Darryl Rawlings and headquartered in Seattle, Washington, Trupanion began operations in the early 2000s and has grown its presence through both digital channels and partnerships with veterinary hospitals.