Allianz Asset Management GmbH Has $11.04 Million Stock Holdings in Trupanion, Inc. $TRUP

Allianz Asset Management GmbH trimmed its holdings in Trupanion, Inc. (NASDAQ:TRUP) by 2.8% during the second quarter, Holdings Channel reports. The firm owned 199,479 shares of the financial services provider’s stock after selling 5,691 shares during the quarter. Allianz Asset Management GmbH’s holdings in Trupanion were worth $11,041,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. AlphaQuest LLC lifted its stake in shares of Trupanion by 940.6% in the 1st quarter. AlphaQuest LLC now owns 1,051 shares of the financial services provider’s stock valued at $39,000 after purchasing an additional 950 shares during the period. GAMMA Investing LLC increased its position in Trupanion by 30.1% in the 2nd quarter. GAMMA Investing LLC now owns 2,133 shares of the financial services provider’s stock valued at $118,000 after buying an additional 494 shares in the last quarter. PNC Financial Services Group Inc. increased its position in Trupanion by 11.8% in the 1st quarter. PNC Financial Services Group Inc. now owns 2,234 shares of the financial services provider’s stock valued at $83,000 after buying an additional 235 shares in the last quarter. Lake Hills Wealth Management LLC bought a new stake in Trupanion in the 2nd quarter valued at about $204,000. Finally, Y Intercept Hong Kong Ltd bought a new stake in Trupanion in the 1st quarter valued at about $243,000.

Analyst Ratings Changes

A number of analysts recently commented on the company. Cantor Fitzgerald raised Trupanion to a “hold” rating in a research report on Wednesday, August 13th. Stifel Nicolaus boosted their target price on Trupanion from $41.00 to $45.00 and gave the company a “hold” rating in a research report on Friday, August 8th. Piper Sandler boosted their target price on Trupanion from $62.00 to $67.00 and gave the company an “overweight” rating in a research report on Friday, August 8th. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of Trupanion in a research report on Wednesday, October 8th. Two research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $53.80.

Trupanion Stock Performance

Shares of TRUP opened at $44.02 on Wednesday. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.69 and a current ratio of 1.69. The stock has a 50 day moving average price of $44.56 and a two-hundred day moving average price of $45.73. The firm has a market capitalization of $1.89 billion, a P/E ratio of 169.31 and a beta of 1.83. Trupanion, Inc. has a 52 week low of $31.00 and a 52 week high of $57.90.

Trupanion (NASDAQ:TRUP) last issued its quarterly earnings data on Thursday, August 7th. The financial services provider reported $0.22 EPS for the quarter, topping analysts’ consensus estimates of ($0.03) by $0.25. The firm had revenue of $353.56 million during the quarter, compared to analyst estimates of $346.73 million. Trupanion had a return on equity of 3.31% and a net margin of 0.81%.The company’s revenue for the quarter was up 12.3% on a year-over-year basis. During the same period in the previous year, the company posted ($0.14) EPS. Trupanion has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Equities analysts forecast that Trupanion, Inc. will post 0.13 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, CFO Fawwad Qureshi sold 2,800 shares of the company’s stock in a transaction that occurred on Tuesday, August 26th. The stock was sold at an average price of $45.56, for a total value of $127,568.00. Following the completion of the transaction, the chief financial officer directly owned 6,451 shares of the company’s stock, valued at $293,907.56. This represents a 30.27% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Darryl Rawlings sold 30,369 shares of the company’s stock in a transaction that occurred on Thursday, September 4th. The shares were sold at an average price of $44.70, for a total value of $1,357,494.30. Following the completion of the transaction, the director directly owned 1,413,281 shares of the company’s stock, valued at approximately $63,173,660.70. This represents a 2.10% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 61,761 shares of company stock valued at $2,739,621. Corporate insiders own 5.42% of the company’s stock.

Trupanion Company Profile

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.