Trupanion, Inc. (NASDAQ:TRUP – Get Free Report) COO John Gallagher sold 3,603 shares of the firm’s stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $21.69, for a total value of $78,149.07. Following the completion of the sale, the chief operating officer directly owned 33,065 shares in the company, valued at approximately $717,179.85. This represents a 9.83% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.
Trupanion Price Performance
Shares of NASDAQ:TRUP opened at $22.13 on Wednesday. The company has a market cap of $965.31 million, a price-to-earnings ratio of 37.51 and a beta of 1.45. The business has a 50 day moving average price of $24.86 and a 200 day moving average price of $30.16. The company has a quick ratio of 1.73, a current ratio of 1.73 and a debt-to-equity ratio of 0.25. Trupanion, Inc. has a twelve month low of $21.16 and a twelve month high of $57.88.
Trupanion (NASDAQ:TRUP – Get Free Report) last issued its quarterly earnings results on Thursday, April 30th. The financial services provider reported $0.11 EPS for the quarter, topping the consensus estimate of $0.07 by $0.04. Trupanion had a return on equity of 6.87% and a net margin of 1.74%.The company had revenue of $384.05 million for the quarter, compared to the consensus estimate of $379.77 million. During the same period in the previous year, the business posted ($0.03) EPS. The company’s revenue for the quarter was up 12.3% on a year-over-year basis. Research analysts predict that Trupanion, Inc. will post 0.53 earnings per share for the current year.
Institutional Investors Weigh In On Trupanion
Analyst Upgrades and Downgrades
A number of analysts have weighed in on TRUP shares. Bank of America reduced 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. Cantor Fitzgerald cut their price objective on shares of Trupanion from $42.00 to $34.00 and set a “neutral” rating for the company in a research report on Thursday, April 9th. Zacks Research downgraded Trupanion from a “strong-buy” rating to a “hold” rating in a research report on Friday, February 13th. Stifel Nicolaus lowered their price target on Trupanion from $35.00 to $31.00 and set a “hold” rating on the stock in a research note on Tuesday, March 31st. Finally, Weiss Ratings cut Trupanion from a “hold (c-)” rating to a “sell (d+)” rating in a report on Wednesday, March 4th. Two analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Trupanion has a consensus rating of “Hold” and a consensus price target of $42.25.
View Our Latest Stock Report on Trupanion
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.
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