Strs Ohio Makes New Investment in Trupanion, Inc. (NASDAQ:TRUP)

Strs Ohio bought a new position in Trupanion, Inc. (NASDAQ:TRUPGet Rating) during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 600 shares of the financial services provider’s stock, valued at approximately $35,000.

A number of other institutional investors have also added to or reduced their stakes in TRUP. Advisor Group Holdings Inc. increased its stake in Trupanion by 33.8% in the 1st quarter. Advisor Group Holdings Inc. now owns 3,002 shares of the financial services provider’s stock worth $262,000 after acquiring an additional 758 shares during the last quarter. Raymond James & Associates increased its stake in Trupanion by 29.6% in the 1st quarter. Raymond James & Associates now owns 18,241 shares of the financial services provider’s stock worth $1,626,000 after acquiring an additional 4,161 shares during the last quarter. Citigroup Inc. increased its stake in Trupanion by 9.6% in the 1st quarter. Citigroup Inc. now owns 34,790 shares of the financial services provider’s stock worth $3,100,000 after acquiring an additional 3,038 shares during the last quarter. PNC Financial Services Group Inc. increased its stake in Trupanion by 12.1% in the 1st quarter. PNC Financial Services Group Inc. now owns 2,340 shares of the financial services provider’s stock worth $209,000 after acquiring an additional 253 shares during the last quarter. Finally, Bank of Montreal Can increased its stake in Trupanion by 61.3% in the 1st quarter. Bank of Montreal Can now owns 19,350 shares of the financial services provider’s stock worth $1,775,000 after acquiring an additional 7,354 shares during the last quarter. 97.55% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research firms have recently issued reports on TRUP. Lake Street Capital cut their price objective on Trupanion to $67.00 in a report on Friday, November 4th. StockNews.com began coverage on Trupanion in a report on Wednesday, October 12th. They issued a “sell” rating for the company. UBS Group cut their price objective on Trupanion from $80.00 to $66.00 and set a “buy” rating for the company in a report on Friday, November 4th. Finally, Piper Sandler upped their price objective on Trupanion from $46.00 to $53.00 and gave the stock a “neutral” rating in a report on Tuesday, December 20th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat.com, Trupanion currently has a consensus rating of “Hold” and a consensus price target of $77.25.

Trupanion Trading Up 5.6 %

Shares of TRUP stock opened at $54.47 on Monday. The stock has a market capitalization of $2.23 billion, a PE ratio of -52.38 and a beta of 1.77. Trupanion, Inc. has a 1-year low of $40.77 and a 1-year high of $99.10. The business has a 50-day moving average of $51.91 and a 200 day moving average of $58.57. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.50 and a quick ratio of 1.50.

Trupanion (NASDAQ:TRUPGet Rating) last issued its earnings results on Thursday, November 3rd. The financial services provider reported ($0.32) earnings per share for the quarter, missing the consensus estimate of ($0.29) by ($0.03). The company had revenue of $233.76 million for the quarter, compared to analysts’ expectations of $231.21 million. Trupanion had a negative net margin of 4.97% and a negative return on equity of 13.12%. As a group, sell-side analysts anticipate that Trupanion, Inc. will post -1.17 earnings per share for the current year.

Insider Buying and Selling at Trupanion

In other Trupanion news, CEO Darryl Rawlings sold 4,000 shares of the company’s stock in a transaction that occurred on Monday, January 9th. The stock was sold at an average price of $48.54, for a total transaction of $194,160.00. Following the completion of the transaction, the chief executive officer now owns 857,109 shares of the company’s stock, valued at approximately $41,604,070.86. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In other Trupanion news, Director Michael Doak sold 700 shares of the company’s stock in a transaction that occurred on Thursday, January 5th. The stock was sold at an average price of $46.00, for a total transaction of $32,200.00. Following the completion of the transaction, the director now owns 1,682 shares of the company’s stock, valued at approximately $77,372. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Darryl Rawlings sold 4,000 shares of the company’s stock in a transaction that occurred on Monday, January 9th. The shares were sold at an average price of $48.54, for a total value of $194,160.00. Following the transaction, the chief executive officer now directly owns 857,109 shares of the company’s stock, valued at approximately $41,604,070.86. The disclosure for this sale can be found here. Insiders sold 21,550 shares of company stock valued at $1,088,000 in the last 90 days. Insiders own 5.86% of the company’s stock.

Trupanion Profile

(Get Rating)

Trupanion, Inc, together with its subsidiaries, provides medical insurance for cats and dogs on a monthly subscription basis in the United States, Canada, Puerto Rico, and Australia. The company operates in two segments, Subscription Business and Other Business. It serves pet owners and veterinarians.

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Institutional Ownership by Quarter for Trupanion (NASDAQ:TRUP)

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