The price of Trupanion Inc. (NASDAQ:TRUP) shares last traded on Wall Street rose 1.70% to $29.24.
Based on available information, 9 analysts follow Trupanion Inc. (NASDAQ:TRUP). The consensus rating among analysts is ‘Hold’. As we calculate the median target price by taking the range between a high of $50.00 and a low of $19.00, we find $30.00. Given the previous closing price of $28.75, this indicates a potential upside of 4.35 percent. TRUP stock price is now 18.81% away from the 50-day moving average and -31.01% away from the 200-day moving average. The market capitalization of the company currently stands at $1.15B.
Among analysts, 5 rate the stock a hold while 3 rate it a buy. Brokers who have rated the stock have averaged $32.63 as their price target over the next twelve months.
With the price target reduced from $72 to $32, BofA Securities Downgraded its rating from Buy to Neutral for Trupanion Inc. (NASDAQ: TRUP).
In other news, RAWLINGS DARRYL, Chief Executive Officer sold 4,000 shares of the company’s stock on May 08. The stock was sold for $101,188 at an average price of $25.30. Upon completion of the transaction, the Chief Executive Officer now directly owns 829,109 shares in the company, valued at $24.24 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 19, Chief Executive Officer RAWLINGS DARRYL sold 4,000 shares of the business’s stock. A total of $141,920 was realized by selling the stock at an average price of $35.48. This leaves the insider owning 833,109 shares of the company worth $24.36 million. Insiders disposed of 176,887 shares of company stock worth roughly $5.17 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 12 WEST CAPITAL MANAGEMENT LP during the first quarter worth $8,772,000. POINT72 ASSET MANAGEMENT, L.P. invested $2,540,000 in shares of TRUP during the first quarter. In the first quarter, DEKABANK DEUTSCHE GIROZENTRALE acquired a new stake in Trupanion Inc. valued at approximately $2,339,000. PDT PARTNERS, LLC acquired a new stake in TRUP for approximately $1,969,000. EXODUSPOINT CAPITAL MANAGEMENT, LP purchased a new stake in TRUP valued at around $925,000 in the second quarter. In total, there are 298 active investors with 102.80% ownership of the company’s stock.
A candlestick chart of Trupanion Inc. (NASDAQ: TRUP) showed a price of $28.72 on Thursday morning. During the past 12 months, Trupanion Inc. has had a low of $18.45 and a high of $82.49. As of last week, the company has a debt-to-equity ratio of 0.35, a current ratio of 1.60, and a quick ratio of 1.60. The fifty day moving average price for TRUP is $24.72 and a two-hundred day moving average price translates $42.27 for the stock.
The latest earnings results from Trupanion Inc. (NASDAQ: TRUP) was released for Mar, 2023. According to the Insurance – Specialty Company, earnings per share came in at -$0.6, missing analysts’ expectations of -$0.29 by -0.31. This compares to -$0.22 EPS in the same period last year. The net profit margin was -6.30% and return on equity was -19.90% for TRUP. The company reported revenue of $256.33 million for the quarter, compared to $206.0 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 24.43 percent. For the current quarter, analysts expect TRUP to generate $262.82M 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.
