Trupanion (NASDAQ:TRUP)‘s stock had its “outperform” rating reiterated by equities research analysts at Cowen in a research note issued on Wednesday, The Fly reports. They currently have a $38.00 price objective on the financial services provider’s stock, up from their prior price objective of $32.00. Cowen’s price target would suggest a potential upside of 21.52% from the company’s previous close.

Other analysts also recently issued reports about the company. Stifel Nicolaus lifted their price target on Trupanion from $33.00 to $34.00 and gave the stock a “buy” rating in a report on Wednesday. CL King assumed coverage on Trupanion in a report on Tuesday, November 21st. They set a “neutral” rating for the company. BidaskClub downgraded Trupanion from a “hold” rating to a “sell” rating in a report on Tuesday, December 5th. Northland Securities reaffirmed a “buy” rating and set a $38.00 price target on shares of Trupanion in a report on Thursday, February 8th. Finally, Zacks Investment Research raised 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. One investment analyst has rated the stock with a sell rating, two have given a hold rating and six have given a buy rating to the company. The company has a consensus rating of “Buy” and a consensus target price of $34.67.

Shares of Trupanion (TRUP) opened at $31.27 on Wednesday. The stock has a market capitalization of $935.74, a PE ratio of -347.41 and a beta of 0.34. The company has a current ratio of 1.87, a quick ratio of 1.87 and a debt-to-equity ratio of 0.15. Trupanion has a fifty-two week low of $13.88 and a fifty-two week high of $36.88.

In other news, insider Darryl Rawlings sold 3,500 shares of the business’s stock in a transaction dated Thursday, February 1st. The stock was sold at an average price of $34.36, for a total value of $120,260.00. Following the completion of the sale, the insider now directly owns 1,382,976 shares of the company’s stock, valued at approximately $47,519,055.36. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Asher Bearman sold 4,039 shares of the business’s stock in a transaction dated Tuesday, November 21st. The shares were sold at an average price of $28.40, for a total value of $114,707.60. The disclosure for this sale can be found here. Insiders sold a total of 25,039 shares of company stock valued at $775,403 over the last three months. Company insiders own 31.24% of the company’s stock.

Institutional investors have recently bought and sold shares of the company. Tokio Marine Asset Management Co. Ltd. purchased a new stake in shares of Trupanion in the 3rd quarter valued at about $325,000. Goldman Sachs Group Inc. purchased a new stake in Trupanion during the 2nd quarter valued at approximately $993,000. Swiss National Bank raised its stake in Trupanion by 21.7% during the 2nd quarter. Swiss National Bank now owns 31,910 shares of the financial services provider’s stock valued at $714,000 after acquiring an additional 5,700 shares during the last quarter. TIAA CREF Investment Management LLC raised its stake in Trupanion by 43.8% during the 2nd quarter. TIAA CREF Investment Management LLC now owns 75,114 shares of the financial services provider’s stock valued at $1,681,000 after acquiring an additional 22,888 shares during the last quarter. Finally, Royal Bank of Canada raised its stake in Trupanion by 11.1% during the 2nd quarter. Royal Bank of Canada now owns 82,654 shares of the financial services provider’s stock valued at $1,850,000 after acquiring an additional 8,239 shares during the last quarter. 63.79% of the stock is owned by institutional investors and hedge funds.

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About Trupanion

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.

The Fly

Analyst Recommendations for Trupanion (NASDAQ:TRUP)

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