Harbor Investment Advisory LLC has $64,000 worth of stock position in Trupanion, Inc. (NASDAQ: TRUP)


Harbor Investment Advisory LLC increased its position in shares of Trupanion, Inc. (NASDAQ: TRUP – Get Rating ) by 33.5% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 714 shares of the financial services provider’s stock after acquiring an additional 179 shares during the quarter. Harbor Investment Advisory LLC’s holdings in Trupanion were worth $64,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the business. Capital International Investors boosted its holdings in shares of Trupanion by 7.4% during the 4th quarter. Capital International Investors now owns 1,487,447 shares of the financial services provider’s stock valued at $196,388,000 after purchasing an additional 102,630 shares in the last quarter. Baillie Gifford & Co. raised its stake in Trupanion by 2.1% during the 4th quarter. Baillie Gifford & Co. now owns 1,450,959 shares of the financial services provider’s stock valued at $191,570,000 after acquiring an additional 29,364 shares during the period. Bank of New York Mellon Corp raised its stake in Trupanion by 4.6% in the third quarter. Bank of New York Mellon Corp now owns 320,933 shares of the financial services provider’s stock valued at $24,927,000 after acquiring an additional 13,967 shares during the period. Charles Schwab Investment Management Inc. increased its position in Trupanion by 2.1% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 251,682 shares of the financial services provider’s stock valued at $33,230,000 after buying an additional 5,061 shares during the period. Finally, Goldman Sachs Group Inc. increased its position in Trupanion by 41.0% in the 4th quarter. Goldman Sachs Group Inc. now owns 231,780 shares of the financial services provider’s stock valued at $30,602,000 after purchasing an additional 67,442 shares during the period. 83.62% of the shares are owned by hedge funds and other institutional investors.

Several analysts recently weighed in on the company. Piper Sandler reduced their price objective on Trupanion from $95.00 to $80.00 and set an “overweight” rating on the stock in a research note on Friday, May 27th. StockNews.com started coverage on Trupanion in a report on Thursday, March 31st. They assign a sell rating to the company. Canaccord Genuity Group cut their target price on Trupanion from $140.00 to $100.00 in a research report on Friday, April 29th. Bank of America cut their target price on shares of Trupanion from $118.00 to $110.00 and set a “buy” rating on the stock in a research note on Wednesday, April 20th. Finally, TheStreet lowered Trupanion from a “c-” rating to a “d+” rating in a research report on Wednesday, April 6th.

In related news, CEO Daryl Rawlings sold 4,000 shares of the stock in a transaction that occurred on Wednesday, April 13th. The shares were sold at an average price of $84.86, for a total value of $339,440.00. Following the sale, the chief executive officer now directly owns 853,109 shares in the company, valued at approximately $72,394,829.74. The sale was disclosed in a filing with the Securities and Exchange Commission, which is available via this hyperlink. Also, President Margaret Toth sold 1,000 shares of the firm’s stock in a transaction that occurred on Friday, May 13th. The shares were sold at an average price of $66.71, for a total transaction of $66,710.00. Following the transaction, the president now directly owns 34,880 shares of the company’s stock, valued at $2,326,844.80. Disclosure of this sale can be found here. Insiders sold 21,850 shares of company stock valued at $1,504,156 in the last quarter. Insiders own 6.77% of the company’s stock.

Shares of TRUP stock opened at $61.01 on Monday. The firm has a market cap of $2.48 billion, a P/E ratio of -77.23 and a beta of 2.10. The stock’s 50-day moving average is $62.84, and its two-hundred-day moving average is $83.79. Trupanion, Inc. has a 12-month low of $50.81 and a 12-month high of $158.25. The company has a current ratio of 1.88, a quick ratio of 1.88, and a debt-to-equity ratio of 0.16.

Trupanion (NASDAQ:TRUP – Get Rating ) last posted its quarterly earnings data on Thursday, April 28th. The financial services provider reported ($0.22) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.17) by ($0.05). The business had revenue of $206.00 million for the quarter, compared to analyst estimates of $202.32 million. Trupanion had a negative return on equity of 8.66% and a negative net margin of 4.26%. The company’s revenue was up 33.2% over the same quarter last year. During the same period last year, the company posted ($0.31) earnings per share. Equities analysts predict that Trupanion, Inc. will report -0.81 EPS for the current year.

About Trupanion (Get Rating)

Trupanion, Inc, together with its subsidiaries, provides monthly subscription medical insurance for cats and dogs in the United States, Canada, Puerto Rico and Australia. The company operates in two segments, subscription business and other business. Serving pet owners and veterinarians.

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Institutional Ownership by Quarter for Trupanion (NASDAQ:TRUP)



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