Eschler Asset Management LLP Purchases New Holdings in Trupanion, Inc. (NASDAQ:TRUP)

Eschler Asset Management LLP acquired a new position in Trupanion, Inc. (NASDAQ:TRUP) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 4,437 shares of the financial services provider’s stock, valued at approximately $214,000.

Other large investors have also modified their holdings of the company. SBI Securities Co. Ltd. bought a new stake in shares of Trupanion during the 4th quarter worth approximately $25,000. Jones Financial Companies Lllp increased its stake in Trupanion by 71.7% in the fourth quarter. Jones Financial Companies Lllp now owns 570 shares of the financial services provider’s stock worth $27,000 after purchasing an additional 238 shares during the period. Quarry LP bought a new stake in shares of Trupanion during the fourth quarter worth $39,000. Wilmington Savings Fund Society FSB purchased a new stake in shares of Trupanion during the third quarter valued at $54,000. Finally, Aster Capital Management DIFC Ltd grew its holdings in shares of Trupanion by 988.5% in the fourth quarter. Aster Capital Management DIFC Ltd now owns 1,132 shares of the financial services provider’s stock worth $55,000 after purchasing an additional 1,028 shares during the last quarter.

Trupanion Price Performance

Shares of TRUP opened at $44.06 on Friday. The stock has a market capitalization of $1.89 billion, a PE ratio of -191.57, a PEG ratio of 6.02 and a beta of 1.72. The company has a 50 day moving average price of $36.47 and a 200-day moving average price of $44.67. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.66 and a current ratio of 1.71. Trupanion, Inc. has a fifty-two week low of $22.96 and a fifty-two week high of $57.90.

Trupanion (NASDAQ:TRUP) last posted its earnings results on Thursday, May 1st. The financial services provider reported ($0.03) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.05) by $0.02. Trupanion had a negative return on equity of 3.08% and a negative net margin of 0.75%. The company had revenue of $341.98 million during the quarter, compared to analyst estimates of $337.81 million. During the same quarter in the prior year, the business earned ($0.16) earnings per share. Trupanion’s revenue was up 11.7% on a year-over-year basis. Equities analysts predict that Trupanion, Inc. will post 0.13 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on TRUP shares. Piper Sandler decreased their price objective on shares of Trupanion from $57.00 to $52.00 and set an “overweight” rating for the company in a report on Thursday, February 20th. Stifel Nicolaus decreased their price target on shares of Trupanion from $44.00 to $41.00 and set a “hold” rating for the company in a research note on Thursday, February 20th. Finally, Lake Street Capital dropped their price objective on Trupanion from $65.00 to $60.00 and set a “buy” rating on the stock in a research note on Friday, May 2nd. Two research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, Trupanion currently has an average rating of “Moderate Buy” and a consensus price target of $51.80.

Insider Activity at Trupanion

In related news, SVP Emily Dreyer sold 14,025 shares of the stock in a transaction that occurred on Friday, March 7th. The shares were sold at an average price of $32.41, for a total transaction of $454,550.25. Following the completion of the sale, the senior vice president now owns 27,645 shares of the company’s stock, valued at $895,974.45. This represents a 33.66 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Fawwad Qureshi sold 1,373 shares of Trupanion stock in a transaction on Wednesday, February 26th. The stock was sold at an average price of $34.22, for a total transaction of $46,984.06. Following the completion of the transaction, the chief financial officer now directly owns 2,416 shares in the company, valued at $82,675.52. This represents a 36.24 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 33,792 shares of company stock valued at $1,122,802 over the last quarter. 5.50% of the stock is owned by corporate insiders.

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.