Insider Selling: Trupanion Inc (TRUP) Insider Sells 4,000 Shares of Stock

Trupanion Inc (NASDAQ:TRUP) insider Darryl Rawlings sold 4,000 shares of Trupanion stock in a transaction dated Tuesday, March 12th. The stock was sold at an average price of $30.10, for a total transaction of $120,400.00. Following the sale, the insider now directly owns 1,546,380 shares of the company’s stock, valued at approximately $46,546,038. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Darryl Rawlings also recently made the following trade(s):

  • On Monday, February 25th, Darryl Rawlings sold 4,000 shares of Trupanion stock. The stock was sold at an average price of $29.70, for a total transaction of $118,800.00.
  • On Wednesday, February 6th, Darryl Rawlings sold 4,000 shares of Trupanion stock. The stock was sold at an average price of $28.45, for a total transaction of $113,800.00.
  • On Tuesday, January 22nd, Darryl Rawlings sold 4,000 shares of Trupanion stock. The stock was sold at an average price of $27.14, for a total transaction of $108,560.00.
  • On Wednesday, January 2nd, Darryl Rawlings sold 4,000 shares of Trupanion stock. The stock was sold at an average price of $25.97, for a total transaction of $103,880.00.
  • On Tuesday, December 18th, Darryl Rawlings sold 4,000 shares of Trupanion stock. The stock was sold at an average price of $23.94, for a total transaction of $95,760.00.

TRUP traded up $0.96 on Friday, reaching $30.73. The company had a trading volume of 339,500 shares, compared to its average volume of 295,172. The company has a market capitalization of $1.04 billion, a P/E ratio of -1,024.33 and a beta of 1.18. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.87 and a quick ratio of 1.87. Trupanion Inc has a 52-week low of $22.38 and a 52-week high of $46.70.

Trupanion (NASDAQ:TRUP) last announced its earnings results on Wednesday, February 13th. The financial services provider reported ($0.01) earnings per share for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.02). The company had revenue of $82.64 million during the quarter, compared to analysts’ expectations of $82.16 million. Trupanion had a negative net margin of 0.30% and a negative return on equity of 0.88%. The firm’s quarterly revenue was up 24.2% compared to the same quarter last year. On average, equities analysts anticipate that Trupanion Inc will post 0.11 earnings per share for the current year.

Several hedge funds have recently bought and sold shares of TRUP. First Trust Advisors LP raised its stake in shares of Trupanion by 21.1% during the third quarter. First Trust Advisors LP now owns 142,084 shares of the financial services provider’s stock worth $5,077,000 after acquiring an additional 24,803 shares in the last quarter. Victory Capital Management Inc. raised its stake in shares of Trupanion by 70.6% during the third quarter. Victory Capital Management Inc. now owns 18,735 shares of the financial services provider’s stock worth $669,000 after acquiring an additional 7,750 shares in the last quarter. Engineers Gate Manager LP bought a new position in shares of Trupanion in the third quarter worth approximately $591,000. Wells Fargo & Company MN grew its holdings in shares of Trupanion by 927.2% in the third quarter. Wells Fargo & Company MN now owns 478,209 shares of the financial services provider’s stock worth $17,087,000 after purchasing an additional 431,653 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its holdings in shares of Trupanion by 245.0% in the third quarter. JPMorgan Chase & Co. now owns 16,807 shares of the financial services provider’s stock worth $601,000 after purchasing an additional 11,936 shares during the last quarter.

A number of equities research analysts have recently issued reports on the stock. Zacks Investment Research downgraded shares of Trupanion from a “buy” rating to a “hold” rating in a report on Tuesday, February 19th. BidaskClub raised shares of Trupanion from a “hold” rating to a “buy” rating in a report on Saturday, February 9th. Finally, ValuEngine raised shares of Trupanion from a “hold” rating to a “buy” rating in a report on Wednesday, November 21st. Two analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of $44.38.

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About Trupanion

Trupanion, Inc, together with its subsidiaries, provides medical insurance for cats and dogs on monthly subscription basis in the United States, Canada, and Puerto Rico. The company operates through Subscription Business and Other Business segments. It serves pet owners and veterinarians through third-party referrals and online member acquisition channels.

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Insider Buying and Selling by Quarter for Trupanion (NASDAQ:TRUP)

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