Commonwealth Equity Services LLC Acquires 1,928 Shares of Trupanion, Inc. (NASDAQ:TRUP)

Commonwealth Equity Services LLC increased its stake in Trupanion, Inc. (NASDAQ:TRUP) by 13.4% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 16,345 shares of the financial services provider’s stock after purchasing an additional 1,928 shares during the quarter. Commonwealth Equity Services LLC’s holdings in Trupanion were worth $788,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of TRUP. SBI Securities Co. Ltd. bought a new position in shares of Trupanion in the fourth quarter worth about $25,000. Jones Financial Companies Lllp raised its stake in Trupanion by 71.7% during the 4th quarter. Jones Financial Companies Lllp now owns 570 shares of the financial services provider’s stock worth $27,000 after acquiring an additional 238 shares during the period. Wilmington Savings Fund Society FSB purchased a new position in Trupanion during the third quarter valued at approximately $54,000. KBC Group NV bought a new position in shares of Trupanion in the fourth quarter worth approximately $75,000. Finally, R Squared Ltd purchased a new stake in shares of Trupanion in the fourth quarter worth $79,000.

Insider Buying and Selling

In other Trupanion news, CFO Fawwad Qureshi sold 1,373 shares of Trupanion stock in a transaction dated Wednesday, February 26th. The shares were sold at an average price of $34.22, for a total transaction of $46,984.06. Following the transaction, the chief financial officer now directly owns 2,416 shares of the company’s stock, valued at $82,675.52. The trade was a 36.24 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Margaret Tooth sold 4,000 shares of the stock in a transaction on Thursday, March 20th. The stock was sold at an average price of $37.17, for a total value of $148,680.00. Following the transaction, the chief executive officer now owns 118,784 shares of the company’s stock, valued at approximately $4,415,201.28. This represents a 3.26 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 29,984 shares of company stock worth $999,042 in the last 90 days. Insiders own 5.50% of the company’s stock.

Analyst Ratings Changes

TRUP has been the subject of a number of recent analyst reports. Stifel Nicolaus dropped their price objective on Trupanion from $44.00 to $41.00 and set a “hold” rating for the company in a research note on Thursday, February 20th. Piper Sandler dropped their price target on Trupanion from $57.00 to $52.00 and set an “overweight” rating for the company in a research note on Thursday, February 20th. Two equities research analysts have rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $46.60.

Trupanion Price Performance

Shares of TRUP stock opened at $37.26 on Thursday. Trupanion, Inc. has a fifty-two week low of $19.69 and a fifty-two week high of $57.90. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.66 and a current ratio of 1.71. The firm has a market capitalization of $1.58 billion, a price-to-earnings ratio of -162.00, a PEG ratio of 6.02 and a beta of 1.70. The stock’s 50-day simple moving average is $40.20 and its 200-day simple moving average is $46.36.

Trupanion (NASDAQ:TRUP) last released its quarterly earnings data on Wednesday, February 19th. The financial services provider reported $0.04 earnings per share for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.02). The business had revenue of $337.31 million during the quarter, compared to analyst estimates of $335.41 million. Trupanion had a negative return on equity of 3.08% and a negative net margin of 0.75%. As a group, equities analysts forecast that Trupanion, Inc. will post 0.13 earnings per share for the current fiscal year.

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.