VNBTrust National Association lessened its holdings in Trupanion Inc (NASDAQ:TRUP) by 4.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 89,600 shares of the financial services provider’s stock after selling 4,625 shares during the period. Trupanion comprises approximately 1.5% of VNBTrust National Association’s holdings, making the stock its 16th biggest holding. VNBTrust National Association owned about 0.30% of Trupanion worth $2,623,000 as of its most recent SEC filing.
Several other hedge funds have also modified their holdings of TRUP. Tokio Marine Asset Management Co. Ltd. bought a new stake in shares of Trupanion in the 3rd quarter worth about $325,000. Goldman Sachs Group Inc. bought a new stake in shares of Trupanion in the 2nd quarter worth about $993,000. San Francisco Sentry Investment Group CA bought a new stake in shares of Trupanion in the 2nd quarter worth about $2,972,000. Swiss National Bank increased its position in shares of Trupanion by 21.7% in the 2nd quarter. Swiss National Bank now owns 31,910 shares of the financial services provider’s stock worth $714,000 after purchasing an additional 5,700 shares during the last quarter. Finally, TIAA CREF Investment Management LLC increased its position in shares of Trupanion by 43.8% in the 2nd quarter. TIAA CREF Investment Management LLC now owns 75,114 shares of the financial services provider’s stock worth $1,681,000 after purchasing an additional 22,888 shares during the last quarter. 63.86% of the stock is currently owned by institutional investors and hedge funds.
In other Trupanion news, COO Ian Moffat sold 7,000 shares of the business’s stock in a transaction dated Monday, November 27th. The shares were sold at an average price of $30.06, for a total transaction of $210,420.00. Following the sale, the chief operating officer now directly owns 7,000 shares in the company, valued at approximately $210,420. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Darryl Rawlings sold 3,500 shares of the business’s stock in a transaction dated Tuesday, January 16th. The stock was sold at an average price of $34.08, for a total transaction of $119,280.00. Following the sale, the insider now owns 1,386,476 shares in the company, valued at $47,251,102.08. The disclosure for this sale can be found here. Insiders have sold a total of 25,539 shares of company stock valued at $780,673 over the last three months. 31.24% of the stock is currently owned by company insiders.
TRUP has been the subject of several research analyst reports. BidaskClub raised shares of Trupanion from a “hold” rating to a “buy” rating in a research report on Monday, December 18th. Zacks Investment Research raised shares of Trupanion from a “hold” rating to a “buy” rating and set a $37.00 price target for the company in a report on Wednesday, November 8th. Canaccord Genuity reaffirmed a “buy” rating and issued a $35.00 price target (up from $29.00) on shares of Trupanion in a report on Tuesday, October 31st. Finally, CL King assumed coverage on shares of Trupanion in a report on Tuesday, November 21st. They issued a “neutral” rating for the company. One analyst has rated the stock with a sell rating, two have assigned a hold rating and six have given a buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of $28.83.
Trupanion Inc (NASDAQ:TRUP) traded down $0.29 during trading on Friday, reaching $33.81. 297,434 shares of the company’s stock were exchanged, compared to its average volume of 235,341. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.87 and a quick ratio of 1.87. The firm has a market cap of $1,048.99 and a price-to-earnings ratio of -375.62. Trupanion Inc has a 52-week low of $13.88 and a 52-week high of $36.88.
Trupanion (NASDAQ:TRUP) last posted its earnings results on Thursday, November 2nd. The financial services provider reported $0.01 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.03) by $0.04. The firm had revenue of $63.12 million during the quarter, compared to analyst estimates of $61.44 million. Trupanion had a negative net margin of 1.05% and a negative return on equity of 7.41%. Trupanion’s revenue was up 30.5% on a year-over-year basis. During the same period in the previous year, the business posted ($0.06) EPS. research analysts anticipate that Trupanion Inc will post -0.04 earnings per share for the current year.
COPYRIGHT VIOLATION NOTICE: This news story was published by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are reading this news story on another domain, it was illegally copied and reposted in violation of US and international copyright & trademark legislation. The legal version of this news story can be viewed at https://www.dispatchtribunal.com/2018/02/02/vnbtrust-national-association-reduces-position-in-trupanion-inc-trup.html.
Trupanion, Inc provides medical insurance plans for cats and dogs throughout the United States, Canada and Puerto Rico. The Company operates in two business segments: subscription business and other business. The subscription business segment includes monthly subscriptions for its medical plan, which are marketed to consumers.
Receive News & Ratings for Trupanion Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Trupanion and related companies with MarketBeat.com's FREE daily email newsletter.