Insider Selling: Trupanion Inc (TRUP) CFO Sells 500 Shares of Stock

Trupanion Inc (NASDAQ:TRUP) CFO Tricia Plouf sold 500 shares of the company’s stock in a transaction on Wednesday, May 22nd. The stock was sold at an average price of $30.64, for a total value of $15,320.00. Following the sale, the chief financial officer now owns 4,191 shares of the company’s stock, valued at approximately $128,412.24. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Tricia Plouf also recently made the following trade(s):

  • On Wednesday, April 17th, Tricia Plouf sold 500 shares of Trupanion stock. The stock was sold at an average price of $34.80, for a total value of $17,400.00.
  • On Wednesday, March 20th, Tricia Plouf sold 500 shares of Trupanion stock. The stock was sold at an average price of $30.51, for a total value of $15,255.00.

Shares of TRUP traded down $0.04 during midday trading on Friday, hitting $29.95. 189,904 shares of the company’s stock traded hands, compared to its average volume of 263,575. Trupanion Inc has a 1 year low of $22.38 and a 1 year high of $46.70. The company has a current ratio of 1.85, a quick ratio of 1.85 and a debt-to-equity ratio of 0.14. The firm has a market cap of $1.07 billion, a PE ratio of -998.33 and a beta of 1.15.

Trupanion (NASDAQ:TRUP) last issued its quarterly earnings data on Thursday, May 2nd. The financial services provider reported ($0.04) EPS for the quarter, missing the consensus estimate of ($0.01) by ($0.03). Trupanion had a negative net margin of 0.23% and a negative return on equity of 0.59%. The business had revenue of $86.98 million for the quarter, compared to analysts’ expectations of $85.87 million. During the same quarter in the prior year, the company posted ($0.05) EPS. The business’s revenue for the quarter was up 24.7% on a year-over-year basis. As a group, research analysts forecast that Trupanion Inc will post -0.03 EPS for the current year.

Institutional investors and hedge funds have recently modified their holdings of the company. Alpha Omega Wealth Management LLC increased its position in shares of Trupanion by 110.8% in the 1st quarter. Alpha Omega Wealth Management LLC now owns 843 shares of the financial services provider’s stock valued at $28,000 after acquiring an additional 443 shares during the period. Manchester Capital Management LLC increased its position in shares of Trupanion by 100.9% in the 1st quarter. Manchester Capital Management LLC now owns 1,710 shares of the financial services provider’s stock valued at $56,000 after acquiring an additional 859 shares during the period. Catalyst Capital Advisors LLC acquired a new position in shares of Trupanion in the 4th quarter valued at $59,000. Citigroup Inc. increased its position in shares of Trupanion by 12,818.2% in the 4th quarter. Citigroup Inc. now owns 2,842 shares of the financial services provider’s stock valued at $72,000 after acquiring an additional 2,820 shares during the period. Finally, Great West Life Assurance Co. Can increased its position in shares of Trupanion by 105.1% in the 4th quarter. Great West Life Assurance Co. Can now owns 3,691 shares of the financial services provider’s stock valued at $91,000 after acquiring an additional 1,891 shares during the period. Hedge funds and other institutional investors own 95.66% of the company’s stock.

A number of analysts have weighed in on TRUP shares. ValuEngine upgraded Trupanion from a “hold” rating to a “buy” rating in a report on Friday, February 15th. Guggenheim began coverage on Trupanion in a report on Thursday. They set a “buy” rating and a $35.00 price objective for the company. Zacks Investment Research lowered Trupanion from a “buy” rating to a “hold” rating in a report on Thursday, April 25th. BidaskClub upgraded Trupanion from a “hold” rating to a “buy” rating in a report on Saturday, February 9th. Finally, Northland Securities began coverage on Trupanion in a report on Tuesday, May 14th. They set a “buy” rating and a $40.00 price objective for the company. One research analyst has rated the stock with a hold rating and twelve have assigned a buy rating to the company. The stock has an average rating of “Buy” and an average target price of $43.90.

WARNING: This story was first posted by Stock Observer and is the property of of Stock Observer. If you are accessing this story on another publication, it was copied illegally and reposted in violation of international copyright laws. The legal version of this story can be viewed at https://www.thestockobserver.com/2019/05/24/insider-selling-trupanion-inc-trup-cfo-sells-500-shares-of-stock.html.

Trupanion Company Profile

Trupanion, Inc, together with its subsidiaries, provides medical insurance for cats and dogs on monthly subscription basis in the United States, Canada, and Puerto Rico. The company operates through Subscription Business and Other Business segments. It serves pet owners and veterinarians through third-party referrals and online member acquisition channels.

Further Reading: How to Calculate Compound Annual Growth Rate (CAGR)

Insider Buying and Selling by Quarter for Trupanion (NASDAQ:TRUP)

Receive News & Ratings for Trupanion Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Trupanion and related companies with MarketBeat.com's FREE daily email newsletter.