Trupanion (TRUP) to Release Earnings on Thursday

Trupanion (NASDAQ:TRUPGet Free Report) is scheduled to post its quarterly earnings results after the market closes on Thursday, February 15th. Analysts expect Trupanion to post earnings of ($0.18) per share for the quarter. Individual interested in participating in the company’s earnings conference call can do so using this link.

Trupanion Stock Up 5.5 %

Shares of TRUP stock opened at $32.34 on Tuesday. Trupanion has a 1 year low of $18.45 and a 1 year high of $63.07. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.61 and a current ratio of 1.61. The stock’s 50 day simple moving average is $29.41 and its two-hundred day simple moving average is $27.90.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on TRUP shares. StockNews.com upgraded Trupanion from a “sell” rating to a “hold” rating in a report on Tuesday, November 7th. Piper Sandler increased their price objective on Trupanion from $28.00 to $33.00 and gave the stock a “neutral” rating in a research note on Monday, December 18th. Four investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat.com, Trupanion has an average rating of “Hold” and an average target price of $45.86.

Read Our Latest Research Report on TRUP

Insider Activity

In other news, insider Melissa Joy Hewitt sold 1,213 shares of the stock in a transaction on Thursday, November 30th. The stock was sold at an average price of $26.27, for a total transaction of $31,865.51. Following the completion of the sale, the insider now owns 4,999 shares in the company, valued at approximately $131,323.73. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. In related news, EVP Steve Weinrauch sold 10,170 shares of the firm’s stock in a transaction on Thursday, November 30th. The stock was sold at an average price of $26.11, for a total value of $265,538.70. Following the completion of the transaction, the executive vice president now owns 32,651 shares in the company, valued at approximately $852,517.61. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Melissa Joy Hewitt sold 1,213 shares of the firm’s stock in a transaction on Thursday, November 30th. The stock was sold at an average price of $26.27, for a total value of $31,865.51. Following the completion of the transaction, the insider now owns 4,999 shares of the company’s stock, valued at approximately $131,323.73. The disclosure for this sale can be found here. Company insiders own 5.81% of the company’s stock.

Hedge Funds Weigh In On Trupanion

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

About Trupanion

(Get Free Report)

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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Earnings History for Trupanion (NASDAQ:TRUP)

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