Amalgamated Bank Has $323,000 Holdings in Trupanion, Inc. (NASDAQ:TRUP)

Amalgamated Bank decreased its stake in Trupanion, Inc. (NASDAQ:TRUP) by 6.0% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 10,983 shares of the financial services provider’s stock after selling 699 shares during the period. Amalgamated Bank’s holdings in Trupanion were worth $323,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Louisiana State Employees Retirement System boosted its holdings in Trupanion by 2.8% in the 2nd quarter. Louisiana State Employees Retirement System now owns 18,200 shares of the financial services provider’s stock valued at $535,000 after purchasing an additional 500 shares during the period. Texas Permanent School Fund Corp lifted its stake in shares of Trupanion by 1.8% in the first quarter. Texas Permanent School Fund Corp now owns 31,269 shares of the financial services provider’s stock valued at $863,000 after buying an additional 561 shares during the period. WINTON GROUP Ltd grew its position in Trupanion by 1.9% during the second quarter. WINTON GROUP Ltd now owns 37,673 shares of the financial services provider’s stock worth $1,108,000 after buying an additional 685 shares in the last quarter. CANADA LIFE ASSURANCE Co increased its stake in Trupanion by 2.0% during the first quarter. CANADA LIFE ASSURANCE Co now owns 43,060 shares of the financial services provider’s stock valued at $1,188,000 after acquiring an additional 830 shares during the period. Finally, State Board of Administration of Florida Retirement System raised its holdings in Trupanion by 12.6% in the 1st quarter. State Board of Administration of Florida Retirement System now owns 12,726 shares of the financial services provider’s stock valued at $351,000 after acquiring an additional 1,420 shares in the last quarter.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on TRUP. Piper Sandler lifted their price objective on Trupanion from $30.00 to $38.00 and gave the stock a “neutral” rating in a report on Friday, August 9th. Northland Securities lifted their price target on shares of Trupanion from $35.00 to $45.00 and gave the stock a “market perform” rating in a research note on Thursday, September 19th. Evercore ISI upgraded shares of Trupanion to a “strong-buy” rating in a research note on Friday, August 9th. William Blair began coverage on shares of Trupanion in a research report on Friday, July 19th. They set an “outperform” rating on the stock. Finally, Stifel Nicolaus upped their target price on shares of Trupanion from $30.00 to $40.00 and gave the company a “hold” rating in a research note on Monday, September 23rd. Four analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $40.67.

Insider Buying and Selling at Trupanion

In other news, CEO Margaret Tooth sold 7,500 shares of the stock in a transaction on Wednesday, August 28th. The stock was sold at an average price of $46.48, for a total transaction of $348,600.00. Following the sale, the chief executive officer now owns 99,984 shares in the company, valued at $4,647,256.32. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In related news, CFO Fawwad Qureshi sold 640 shares of the firm’s stock in a transaction that occurred on Friday, August 16th. The shares were sold at an average price of $43.12, for a total value of $27,596.80. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Margaret Tooth sold 7,500 shares of the company’s stock in a transaction on Wednesday, August 28th. The stock was sold at an average price of $46.48, for a total value of $348,600.00. Following the transaction, the chief executive officer now directly owns 99,984 shares in the company, valued at approximately $4,647,256.32. The disclosure for this sale can be found here. In the last quarter, insiders sold 8,764 shares of company stock worth $405,238. 5.50% of the stock is currently owned by insiders.

Trupanion Trading Down 1.7 %

Shares of Trupanion stock opened at $41.98 on Tuesday. Trupanion, Inc. has a 12-month low of $19.14 and a 12-month high of $49.14. The stock has a market capitalization of $1.77 billion, a P/E ratio of -65.59 and a beta of 1.74. The company has a 50-day simple moving average of $41.59 and a 200 day simple moving average of $32.32. The company has a quick ratio of 1.63, a current ratio of 1.63 and a debt-to-equity ratio of 0.42.

Trupanion (NASDAQ:TRUP) last posted its quarterly earnings data on Thursday, August 8th. The financial services provider reported ($0.14) earnings per share for the quarter, topping the consensus estimate of ($0.18) by $0.04. The company had revenue of $314.80 million during the quarter, compared to analyst estimates of $309.33 million. Trupanion had a negative net margin of 1.57% and a negative return on equity of 6.29%. The company’s revenue was up 16.3% on a year-over-year basis. During the same quarter last year, the business posted ($0.33) earnings per share. Research analysts expect that Trupanion, Inc. will post -0.34 earnings per share for the current fiscal year.

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.