Trupanion, Inc. (NASDAQ:TRUP) is Lagoda Investment Management L.P.’s 4th Largest Position

Lagoda Investment Management L.P. decreased its holdings in Trupanion, Inc. (NASDAQ:TRUP) by 1.1% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 263,920 shares of the financial services provider’s stock after selling 2,825 shares during the quarter. Trupanion comprises approximately 6.9% of Lagoda Investment Management L.P.’s portfolio, making the stock its 4th biggest holding. Lagoda Investment Management L.P. owned about 0.62% of Trupanion worth $12,721,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of TRUP. SBI Securities Co. Ltd. purchased a new position in Trupanion in the fourth quarter worth $25,000. Jones Financial Companies Lllp raised its position in Trupanion by 71.7% in the fourth quarter. Jones Financial Companies Lllp now owns 570 shares of the financial services provider’s stock worth $27,000 after acquiring an additional 238 shares in the last quarter. Quarry LP purchased a new position in Trupanion in the fourth quarter worth $39,000. Aster Capital Management DIFC Ltd raised its position in Trupanion by 988.5% in the fourth quarter. Aster Capital Management DIFC Ltd now owns 1,132 shares of the financial services provider’s stock worth $55,000 after acquiring an additional 1,028 shares in the last quarter. Finally, Coppell Advisory Solutions LLC grew its holdings in Trupanion by 58.3% in the fourth quarter. Coppell Advisory Solutions LLC now owns 1,249 shares of the financial services provider’s stock valued at $61,000 after purchasing an additional 460 shares during the last quarter.

Analysts Set New Price Targets

Several 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 report on Thursday, February 20th. Lake Street Capital lowered their target price on Trupanion from $65.00 to $60.00 and set a “buy” rating on the stock in a report on Friday, May 2nd. Finally, Piper Sandler lowered their target price on Trupanion from $57.00 to $52.00 and set an “overweight” rating on the stock in a report on Thursday, February 20th. Two analysts have rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, Trupanion presently has a consensus rating of “Moderate Buy” and an average price target of $51.80.

Trupanion Price Performance

TRUP stock opened at $44.31 on Monday. The company has a quick ratio of 1.66, a current ratio of 1.71 and a debt-to-equity ratio of 0.39. Trupanion, Inc. has a 52-week low of $25.90 and a 52-week high of $57.90. The stock’s 50 day moving average is $36.70 and its two-hundred day moving average is $44.49. The company has a market capitalization of $1.90 billion, a PE ratio of -192.65, a P/E/G ratio of 6.02 and a beta of 1.72.

Trupanion (NASDAQ:TRUP) last posted its quarterly earnings data on Thursday, May 1st. The financial services provider reported ($0.03) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.05) by $0.02. The company had revenue of $341.98 million for the quarter, compared to the consensus estimate of $337.81 million. Trupanion had a negative return on equity of 3.08% and a negative net margin of 0.75%. Trupanion’s revenue for the quarter was up 11.7% compared to the same quarter last year. During the same period in the previous year, the business earned ($0.16) EPS. Analysts predict that Trupanion, Inc. will post 0.13 earnings per share for the current fiscal year.

Insider Transactions at Trupanion

In other news, CEO Margaret Tooth sold 2,294 shares of Trupanion stock in a transaction that occurred on Tuesday, March 4th. The stock was sold at an average price of $31.39, for a total value of $72,008.66. Following the completion of the transaction, the chief executive officer now owns 118,784 shares in the company, valued at approximately $3,728,629.76. This trade represents a 1.89% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Fawwad Qureshi sold 1,373 shares of Trupanion stock in a transaction that occurred on Wednesday, February 26th. The stock was sold at an average price of $34.22, for a total value of $46,984.06. Following the completion of the transaction, the chief financial officer now owns 2,416 shares of the company’s stock, valued at approximately $82,675.52. The trade was a 36.24% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 33,792 shares of company stock worth $1,122,802. 5.50% of the stock is currently owned by corporate insiders.

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.