Trupanion (NASDAQ:TRUP) Reaches New 12-Month Low – Should You Sell?

Shares of Trupanion, Inc. (NASDAQ:TRUP) reached a new 52-week low during trading on Tuesday . The company traded as low as $30.54 and last traded at $30.82, with a volume of 96910 shares. The stock had previously closed at $31.79.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on TRUP. Wall Street Zen downgraded shares of Trupanion from a “buy” rating to a “hold” rating in a report on Saturday, December 6th. Cantor Fitzgerald dropped their price target on Trupanion from $50.00 to $42.00 and set a “neutral” rating for the company in a research note on Wednesday, January 14th. Piper Sandler reduced their price objective on Trupanion from $67.00 to $60.00 and set an “overweight” rating on the stock in a research report on Friday, December 19th. Zacks Research raised Trupanion from a “hold” rating to a “strong-buy” rating in a report on Tuesday, January 6th. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Trupanion in a research note on Monday, December 29th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Trupanion currently has a consensus rating of “Moderate Buy” and an average price target of $50.00.

Trupanion Price Performance

The company has a quick ratio of 1.71, a current ratio of 1.71 and a debt-to-equity ratio of 0.31. The firm’s fifty day moving average price is $35.49 and its 200-day moving average price is $41.09. The stock has a market cap of $1.36 billion, a P/E ratio of 87.70 and a beta of 1.58.

Trupanion (NASDAQ:TRUP) last released its quarterly earnings data on Thursday, November 6th. The financial services provider reported $0.13 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.89 by ($0.76). The firm had revenue of $366.92 million during the quarter, compared to analysts’ expectations of $361.58 million. Trupanion had a net margin of 1.10% and a return on equity of 4.48%. Trupanion’s revenue was up 12.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.03 EPS. Analysts forecast that Trupanion, Inc. will post 0.13 earnings per share for the current year.

Insider Activity

In other Trupanion news, CEO Margaret Tooth sold 9,803 shares of the business’s stock in a transaction on Tuesday, November 25th. The shares were sold at an average price of $35.31, for a total transaction of $346,143.93. Following the transaction, the chief executive officer directly owned 151,899 shares of the company’s stock, valued at approximately $5,363,553.69. The trade was a 6.06% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, COO John R. Gallagher sold 6,383 shares of the company’s stock in a transaction on Friday, November 28th. The stock was sold at an average price of $34.82, for a total transaction of $222,256.06. Following the completion of the transaction, the chief operating officer owned 32,721 shares of the company’s stock, valued at $1,139,345.22. This trade represents a 16.32% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 32,853 shares of company stock valued at $1,181,863. Company insiders own 5.42% of the company’s stock.

Hedge Funds Weigh In On Trupanion

A number of institutional investors have recently bought and sold shares of the stock. Federated Hermes Inc. bought a new stake in Trupanion during the 3rd quarter valued at approximately $33,000. Pilgrim Partners Asia Pte Ltd purchased a new position in shares of Trupanion in the 3rd quarter valued at approximately $39,000. Nisa Investment Advisors LLC lifted its stake in shares of Trupanion by 44.1% in the 2nd quarter. Nisa Investment Advisors LLC now owns 980 shares of the financial services provider’s stock valued at $54,000 after purchasing an additional 300 shares during the period. Kelleher Financial Advisors bought a new stake in shares of Trupanion during the third quarter valued at approximately $74,000. Finally, PNC Financial Services Group Inc. raised its holdings in Trupanion by 21.7% in the third quarter. PNC Financial Services Group Inc. now owns 2,678 shares of the financial services provider’s stock worth $116,000 after purchasing an additional 478 shares in the last quarter.

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.