Wall Street Associates acquired a new position in shares of Trupanion Inc (NYSE:TRUP) during the fourth quarter, according to its most recent filing with the SEC. The fund acquired 19,600 shares of the company’s stock, valued at approximately $304,000. Wall Street Associates owned about 0.07% of Trupanion as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Immersion Capital LLP bought a new position in shares of Trupanion during the second quarter worth approximately $18,374,000. United Services Automobile Association bought a new position in shares of Trupanion during the third quarter worth approximately $1,452,000. State Street Corp increased its position in shares of Trupanion by 50.5% in the second quarter. State Street Corp now owns 199,861 shares of the company’s stock worth $2,650,000 after buying an additional 67,026 shares during the last quarter. Cheyne Capital Management UK LLP bought a new position in shares of Trupanion during the third quarter worth approximately $1,013,000. Finally, Jefferies Group LLC bought a new position in shares of Trupanion during the second quarter worth approximately $663,000.
Trupanion Inc (NYSE:TRUP) traded up 1.46% during mid-day trading on Wednesday, reaching $15.24. 8,913 shares of the company’s stock traded hands. The firm has a 50-day moving average price of $15.41 and a 200-day moving average price of $15.66. Trupanion Inc has a 1-year low of $7.84 and a 1-year high of $17.68. The stock’s market cap is $445.82 million.
Trupanion (NYSE:TRUP) last announced its quarterly earnings results on Tuesday, November 1st. The company reported ($0.06) earnings per share for the quarter, meeting analysts’ consensus estimates of ($0.06). The firm earned $48.40 million during the quarter, compared to analyst estimates of $48.17 million. The business’s revenue was up 27.7% on a year-over-year basis. During the same quarter in the prior year, the business earned ($0.17) earnings per share. Equities research analysts anticipate that Trupanion Inc will post ($0.23) EPS for the current fiscal year.
TRUP has been the topic of a number of research analyst reports. RBC Capital Markets reaffirmed a “buy” rating and set a $18.00 price objective on shares of Trupanion in a research report on Thursday, November 3rd. Zacks Investment Research downgraded shares of Trupanion from a “buy” rating to a “hold” rating in a research report on Friday, November 25th. One equities research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company. The company has an average rating of “Buy” and a consensus price target of $15.75.
In other Trupanion news, Director Howard E. Rubin sold 28,751 shares of the firm’s stock in a transaction that occurred on Wednesday, November 30th. The shares were sold at an average price of $17.00, for a total transaction of $488,767.00. Following the sale, the director now directly owns 10,352 shares in the company, valued at approximately $175,984. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Darryl Rawlings sold 3,500 shares of the firm’s stock in a transaction that occurred on Wednesday, November 2nd. The stock was sold at an average price of $14.95, for a total transaction of $52,325.00. Following the sale, the insider now owns 1,519,505 shares in the company, valued at $22,716,599.75. The disclosure for this sale can be found here. Insiders sold a total of 73,404 shares of company stock worth $1,220,718 over the last quarter.
Trupanion Company Profile
Trupanion, Inc provides a medical insurance plan for cats and dogs across the United States, Canada and Puerto Rico. The Company operates through two segments: subscription business and other business. The subscription business segment includes monthly subscriptions related to the Company’s medical plan, which are marketed directly to consumers.
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