The price of Trupanion Inc. (NASDAQ:TRUP) shares last traded on Wall Street rose 5.60% to $54.47.
As we calculate the median target price by taking the range between a high of $115.00 and a low of $40.00, we find $66.00. Given the previous closing price of $51.58, this indicates a potential upside of 27.96 percent. TRUP stock price is now 4.83% away from the 50-day moving average and -11.54% away from the 200-day moving average. The market capitalization of the company currently stands at $2.11B.
Brokers who have rated the stock have averaged $64.56 as their price target over the next twelve months.
With the price target of $77, Jefferies recently initiated with Buy rating for Trupanion Inc. (NASDAQ: TRUP). On August 04, 2022, Piper Sandler Downgraded its previous ‘Overweight’ rating to ‘Neutral’ on the stock reducing its target price from $80 to quote $69, while ‘BofA Securities’ rates the stock as ‘Buy’.
In other news, PLOUF TRICIA, Chief Operating Officer sold 350 shares of the company’s stock on Jan 11. The stock was sold for $18,399 at an average price of $52.57. Upon completion of the transaction, the Chief Operating Officer now directly owns 42,073 shares in the company, valued at $2.29 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jan 09, EVP, Legal and Regulatory Friedman Gavin sold 500 shares of the business’s stock. A total of $25,000 was realized by selling the stock at an average price of $50.00. This leaves the insider owning 10,091 shares of the company worth $0.55 million. Insiders disposed of 240,742 shares of company stock worth roughly $13.11 million over the past 1 year. A total of 1.40% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in TRUP stock. A new stake in Trupanion Inc. shares was purchased by FLOSSBACH VON STORCH AG during the first quarter worth $95,153,000. LANDSCAPE CAPITAL MANAGEMENT, L.L.C. invested $1,707,000 in shares of TRUP during the first quarter. In the first quarter, QUBE RESEARCH & TECHNOLOGIES LTD acquired a new stake in Trupanion Inc. valued at approximately $1,459,000. HRT FINANCIAL LP acquired a new stake in TRUP for approximately $999,000. AMALGAMATED FINANCIAL CORP. purchased a new stake in TRUP valued at around $955,000 in the second quarter.
A candlestick chart of Trupanion Inc. (NASDAQ: TRUP) showed a price of $52.53 on Friday morning. During the past 12 months, Trupanion Inc. has had a low of $40.77 and a high of $99.60. As of last week, the company has a debt-to-equity ratio of 0.18, a current ratio of 1.50, and a quick ratio of 1.50. The fifty day moving average price for TRUP is $52.14 and a two-hundred day moving average price translates $61.37 for the stock.
The latest earnings results from Trupanion Inc. (NASDAQ: TRUP) was released for Jun, 2022. According to the Insurance – Specialty Company, earnings per share came in at -$0.33, missing analysts’ expectations of -$0.22 by -0.11. This compares to -$0.17 EPS in the same period last year. The net profit margin was -5.00% and return on equity was -13.20% for TRUP. The company reported revenue of $233.76 million for the quarter, compared to $181.67 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 28.67 percent. For the current quarter, analysts expect TRUP to generate $230.13M in revenue.
Trupanion Inc.(TRUP) 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, Puerto Rico, and Australia. The company operates in two segments, Subscription Business and Other Business. It serves pet owners and veterinarians. The company was formerly known as Vetinsurance International, Inc. changed its name to Trupanion, Inc. in 2013. The company was founded in 2000 and is headquartered in Seattle, Washington.