Fox Run Management L.L.C. Acquires Shares of 7,702 Trupanion, Inc. (NASDAQ:TRUP)

Fox Run Management L.L.C. acquired a new stake in Trupanion, Inc. (NASDAQ:TRUP) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 7,702 shares of the financial services provider’s stock, valued at approximately $371,000.

A number of other hedge funds have also modified their holdings of TRUP. SBI Securities Co. Ltd. purchased a new stake in Trupanion in the 4th quarter valued at $25,000. Jones Financial Companies Lllp boosted its stake in shares of Trupanion by 71.7% during the fourth quarter. Jones Financial Companies Lllp now owns 570 shares of the financial services provider’s stock worth $27,000 after buying an additional 238 shares during the period. Quest Partners LLC purchased a new position in shares of Trupanion during the third quarter worth about $37,000. Wilmington Savings Fund Society FSB purchased a new position in shares of Trupanion during the third quarter worth about $54,000. Finally, KBC Group NV acquired a new position in Trupanion in the 4th quarter valued at about $75,000.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on TRUP shares. Stifel Nicolaus lowered their target price on Trupanion from $44.00 to $41.00 and set a “hold” rating on the stock in a research note on Thursday, February 20th. Piper Sandler lowered their price objective on shares of Trupanion from $57.00 to $52.00 and set an “overweight” rating on the stock in a research report on Thursday, February 20th. Two investment analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $46.60.

Trupanion Stock Up 0.3 %

TRUP opened at $37.90 on Thursday. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.71 and a quick ratio of 1.66. Trupanion, Inc. has a 12 month low of $19.69 and a 12 month high of $57.90. The stock has a market capitalization of $1.61 billion, a P/E ratio of -164.78, a P/E/G ratio of 6.02 and a beta of 1.70. The business has a 50 day simple moving average of $41.23 and a 200-day simple moving average of $46.61.

Trupanion (NASDAQ:TRUP) last issued its earnings results on Wednesday, February 19th. The financial services provider reported $0.04 EPS for the quarter, missing the consensus estimate of $0.06 by ($0.02). The company had revenue of $337.31 million for the quarter, compared to analysts’ expectations of $335.41 million. Trupanion had a negative return on equity of 3.08% and a negative net margin of 0.75%. On average, equities analysts anticipate that Trupanion, Inc. will post 0.13 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, CEO Margaret Tooth sold 4,000 shares of the firm’s stock in a transaction that occurred on Thursday, March 20th. The stock was sold at an average price of $37.17, for a total value of $148,680.00. Following the completion of the transaction, the chief executive officer now directly owns 118,784 shares of the company’s stock, valued at $4,415,201.28. This trade represents a 3.26 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Emily Dreyer sold 14,025 shares of the business’s stock in a transaction on Friday, March 7th. The stock was sold at an average price of $32.41, for a total value of $454,550.25. Following the sale, the senior vice president now owns 27,645 shares in the company, valued at approximately $895,974.45. The trade was a 33.66 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 29,984 shares of company stock valued at $999,042. Corporate insiders own 5.50% of the company’s stock.

Trupanion 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, Continental Europe, and Australia. The company operates in two segments, Subscription Business and Other Business. It serves pet owners and veterinarians.