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

Commonwealth Equity Services LLC raised its holdings 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 institutional investor 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 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. SBI Securities Co. Ltd. bought a new position in shares of Trupanion during the fourth quarter valued at $25,000. Jones Financial Companies Lllp raised its position 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 purchasing an additional 238 shares during the last quarter. Wilmington Savings Fund Society FSB bought a new position in Trupanion during the 3rd quarter worth $54,000. KBC Group NV acquired a new position in Trupanion during the 4th quarter worth about $75,000. Finally, R Squared Ltd bought a new stake in shares of Trupanion in the 4th quarter valued at about $79,000.

Insider Transactions at Trupanion

In other Trupanion news, insider Brenna Mcgibney sold 5,000 shares of the company’s stock in a transaction dated Friday, March 7th. The shares were sold at an average price of $32.99, for a total value of $164,950.00. Following the sale, the insider now owns 3,738 shares in the company, valued at approximately $123,316.62. This represents a 57.22 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Margaret Tooth sold 2,294 shares of Trupanion stock in a transaction on Tuesday, March 4th. The shares were sold at an average price of $31.39, for a total value of $72,008.66. Following the transaction, the chief executive officer now owns 118,784 shares of the company’s stock, valued at $3,728,629.76. The trade was a 1.89 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 29,984 shares of company stock worth $999,042. Insiders own 5.50% of the company’s stock.

Trupanion Stock Performance

Shares of TRUP opened at $37.26 on Thursday. Trupanion, Inc. has a 12-month low of $19.69 and a 12-month high of $57.90. The company has a current ratio of 1.71, a quick ratio of 1.66 and a debt-to-equity ratio of 0.39. The company has a market cap of $1.58 billion, a PE ratio of -162.00, a price-to-earnings-growth ratio of 6.02 and a beta of 1.70. The stock has a 50-day moving average price of $40.20 and a 200-day moving average price of $46.36.

Trupanion (NASDAQ:TRUP) last posted its quarterly earnings data on Wednesday, February 19th. The financial services provider reported $0.04 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.02). The firm had revenue of $337.31 million during the quarter, compared to analysts’ expectations 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.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on TRUP shares. Stifel Nicolaus decreased their price objective on shares of Trupanion from $44.00 to $41.00 and set a “hold” rating for the company in a research report on Thursday, February 20th. Piper Sandler decreased their price target on Trupanion from $57.00 to $52.00 and set an “overweight” rating for the company in a report on Thursday, February 20th. Two equities research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $46.60.

About Trupanion

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.