Alberta Investment Management Corp Takes Position in Trupanion, Inc. (NASDAQ:TRUP)

Alberta Investment Management Corp purchased a new stake in Trupanion, Inc. (NASDAQ:TRUP) in the fourth quarter, Holdings Channel.com reports. The fund purchased 16,200 shares of the financial services provider’s stock, valued at approximately $781,000.

A number of other large investors have also made changes to their positions in the stock. FMR LLC increased its holdings in Trupanion by 55,963.7% during the 3rd quarter. FMR LLC now owns 1,172,293 shares of the financial services provider’s stock valued at $49,213,000 after acquiring an additional 1,170,202 shares in the last quarter. Baillie Gifford & Co. increased its holdings in Trupanion by 26.6% during the 4th quarter. Baillie Gifford & Co. now owns 701,366 shares of the financial services provider’s stock valued at $33,806,000 after acquiring an additional 147,341 shares in the last quarter. Wellington Management Group LLP increased its holdings in Trupanion by 4.4% during the 3rd quarter. Wellington Management Group LLP now owns 3,393,879 shares of the financial services provider’s stock valued at $142,475,000 after acquiring an additional 142,156 shares in the last quarter. DF Dent & Co. Inc. increased its holdings in Trupanion by 27.8% during the 3rd quarter. DF Dent & Co. Inc. now owns 367,871 shares of the financial services provider’s stock valued at $15,443,000 after acquiring an additional 80,014 shares in the last quarter. Finally, Barclays PLC increased its holdings in Trupanion by 259.2% during the 3rd quarter. Barclays PLC now owns 65,498 shares of the financial services provider’s stock valued at $2,750,000 after acquiring an additional 47,262 shares in the last quarter.

Insider Transactions at Trupanion

In other news, SVP Emily Dreyer sold 900 shares of Trupanion stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $54.55, for a total transaction of $49,095.00. Following the completion of the sale, the senior vice president now directly owns 23,808 shares in the company, valued at $1,298,726.40. The trade was a 3.64 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO Fawwad Qureshi sold 9,867 shares of the business’s stock in a transaction that occurred on Friday, November 29th. The shares were sold at an average price of $53.08, for a total transaction of $523,740.36. The disclosure for this sale can be found here. Insiders sold a total of 11,581 shares of company stock worth $615,159 over the last ninety days. 5.50% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several research firms have weighed in on TRUP. Stifel Nicolaus dropped their target price on shares of Trupanion from $44.00 to $41.00 and set a “hold” rating for the company in a report on Thursday. Piper Sandler dropped their target price on shares of Trupanion from $57.00 to $52.00 and set an “overweight” rating for the company in a report on Thursday. Finally, Northland Securities raised their target price on shares of Trupanion from $45.00 to $50.00 and gave the company a “market perform” rating in a report on Thursday, October 31st. 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.com, the company has a consensus rating of “Moderate Buy” and an average price target of $46.60.

Trupanion Stock Performance

Shares of NASDAQ TRUP opened at $32.95 on Friday. The company has a market cap of $1.40 billion, a PE ratio of -143.26, a price-to-earnings-growth ratio of 6.02 and a beta of 1.60. Trupanion, Inc. has a 12 month low of $19.69 and a 12 month high of $57.90. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.71 and a quick ratio of 1.66. The company has a 50-day simple moving average of $47.64 and a 200-day simple moving average of $47.87.

Trupanion (NASDAQ:TRUP) last issued its quarterly earnings results on Wednesday, February 19th. The financial services provider reported $0.04 EPS for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.02). The firm 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 year.

About Trupanion

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.