Trupanion, Inc. (NASDAQ:TRUP) Shares Bought by Check Capital Management Inc. CA

Check Capital Management Inc. CA grew its holdings in Trupanion, Inc. (NASDAQ:TRUP) by 2.7% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 41,460 shares of the financial services provider’s stock after buying an additional 1,100 shares during the quarter. Trupanion accounts for 0.1% of Check Capital Management Inc. CA’s investment portfolio, making the stock its 20th largest position. Check Capital Management Inc. CA owned about 0.10% of Trupanion worth $1,740,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Texas Permanent School Fund Corp boosted its holdings in Trupanion by 1.8% in the 1st quarter. Texas Permanent School Fund Corp now owns 31,269 shares of the financial services provider’s stock worth $863,000 after buying an additional 561 shares during the last quarter. SG Americas Securities LLC increased its position in shares of Trupanion by 45.0% during the first quarter. SG Americas Securities LLC now owns 27,292 shares of the financial services provider’s stock worth $754,000 after purchasing an additional 8,473 shares in the last quarter. ProShare Advisors LLC raised its stake in Trupanion by 33.8% in the 1st quarter. ProShare Advisors LLC now owns 121,417 shares of the financial services provider’s stock valued at $3,352,000 after purchasing an additional 30,645 shares during the last quarter. State Board of Administration of Florida Retirement System lifted its holdings in Trupanion by 12.6% in the 1st quarter. State Board of Administration of Florida Retirement System now owns 12,726 shares of the financial services provider’s stock valued at $351,000 after purchasing an additional 1,420 shares in the last quarter. Finally, Vanguard Group Inc. boosted its stake in Trupanion by 0.9% during the 1st quarter. Vanguard Group Inc. now owns 3,673,791 shares of the financial services provider’s stock worth $101,433,000 after purchasing an additional 32,485 shares during the last quarter.

Trupanion Trading Down 0.5 %

TRUP opened at $52.24 on Friday. The stock has a market capitalization of $2.21 billion, a PE ratio of -163.25 and a beta of 1.69. Trupanion, Inc. has a one year low of $19.69 and a one year high of $57.90. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.66 and a current ratio of 1.66. The business’s 50 day moving average price is $47.88 and its 200 day moving average price is $37.92.

Trupanion (NASDAQ:TRUP) last announced its quarterly earnings results on Wednesday, October 30th. The financial services provider reported $0.03 EPS for the quarter, beating the consensus estimate of ($0.06) by $0.09. The business had revenue of $327.50 million for the quarter, compared to analyst estimates of $321.79 million. Trupanion had a negative return on equity of 4.36% and a negative net margin of 1.08%. The company’s quarterly revenue was up 14.6% on a year-over-year basis. During the same quarter in the prior year, the company posted ($0.10) EPS. As a group, equities research analysts expect that Trupanion, Inc. will post -0.23 EPS for the current year.

Insiders Place Their Bets

In other news, CEO Margaret Tooth sold 7,500 shares of Trupanion stock in a transaction on Wednesday, August 28th. The stock was sold at an average price of $46.48, for a total value of $348,600.00. Following the completion of the sale, the chief executive officer now directly owns 99,984 shares of the company’s stock, valued at approximately $4,647,256.32. The trade was a 6.98 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CFO Fawwad Qureshi sold 624 shares of the business’s stock in a transaction on Monday, August 26th. The shares were sold at an average price of $46.54, for a total value of $29,040.96. The disclosure for this sale can be found here. Insiders sold a total of 10,124 shares of company stock valued at $482,981 over the last 90 days. 5.50% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on TRUP shares. Stifel Nicolaus increased their target price on shares of Trupanion from $30.00 to $40.00 and gave the company a “hold” rating in a research report on Monday, September 23rd. Northland Securities raised their target price on shares of Trupanion from $45.00 to $50.00 and gave the stock a “market perform” rating in a research note on Thursday, October 31st. Piper Sandler boosted their target price on Trupanion from $45.00 to $57.00 and gave the stock a “neutral” rating in a report on Thursday, October 31st. Evercore ISI raised Trupanion to a “strong-buy” rating in a report on Friday, August 9th. Finally, Bank of America boosted their price objective on Trupanion from $47.00 to $56.00 and gave the stock a “buy” rating in a research note on Friday, September 20th. Three research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, Trupanion currently has an average rating of “Moderate Buy” and an average price target of $44.67.

Trupanion 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.