On Jan. 04, Friedman Gavin divested U.S. $2,427,251 in shares of Trupanion Inc.. The Chief People Officer sold 20,980 shares at a price per share of $115.69. The transaction decreased this specific insider’s holdings to 11 shares worth around $1287.88 at present.
Guggenheim took its Trupanion Inc. [TRUP] rating to the equivalent of a Neutral from a Buy, in a research note dated August 10, 2020. Other analysts also revised their coverage, with Guggenheim’s analysts downgrading the shares from “a Buy” rating to “a Neutral” rating in a research note to investors issued in early August. Meanwhile, Northland Capital had lowered its rating on TRUP to “Market perform” from the earlier “an Outperform”, in a research note produced for clients August 05, 2020. In addition, there was a downgrade from Raymond James on February 14, 2020. The rater changed TRUP from “an Outperform” to “a Mkt perform”.
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Is Trupanion Inc. [NASDAQ:TRUP] a Good Buy Right Now?
It should be noted that TRUP technical indicators for short, intermediate as well as long term progress have placed an overall average of 100% as Buy. The average signal changed from 100% Buy in the last week and compares with 100% Buy in the past month. Data from Trupanion Inc.’s Trend Spotter indicated that the signals were Strengthening. The stock current average is 0.46 million shares in the past 20 days and the short term average signal indicates a 100% Buy. In the last 50 days, the average trading volume was 0.48 million shares while the medium term average advocated for 100% Buy. The average long-term signal stands at 100% Buy and the 100-day average volume stands at 0.55 million shares.
TRUP Price Performance
On Wall Street, Trupanion Inc. [NASDAQ:TRUP] finished Wednesday’s session up 0.53% at $117.08. The stock went up to $122.27 at the same session while its lowest single day price was $114.56. In the last five days, it saw a fall of about -0.81%, Trupanion Inc. shares dropped by almost -2.20% since the beginning of the year. However, the share price has dropped to as low as -6.13% below its one year high. On 01/06/21, the company shares recorded $122.27, the highest single-day price it has got to in the last 52-weeks and a 52-week low was seen on 01/04/21, the same year at $112.06. The company’s shares have inclined by 214.60% in the past year. The 50-day SMA achieved is $98.51 while the 200-day SMA is $62.16. Volume gained to 0.47 million from 0.32 million in the previous session.
TRUP Stock Support And Resistance Levels
On the 24-hour scale, the immediate backing is perceived around 113.67 level, and in case of violation of this particular level, it will cause more drop to 110.26 level. On the upper level, 125.68 is still the key resistance. The stock may increase to the subsequent resistance at 121.38. The Relative Strength Index (RSI) pinned on the 14-day chart is 62.08, implying a neutral technical stance while the MACD stands at -1.90, meaning price will decrease in the next trading period. Percent R indicator moved to 48.02%, implying low price movement. Stochastic %K at 55.05% suggest holding the stock.
What is the short interest in Trupanion Inc.?
Short interest in the Trupanion Inc. stock has surged, increasing by 0.82 million shares to total 3.17 million shares on Dec 14, 2020. The interest had seen shares on Nov 12, 2020 stand at 3.99 million, data from Yahoo Finance shows. The decrease of -25.87% suggests the stock saw some decreased bullish sentiment. The stock’s days to cover (short ratio) moved to while the shorted shares account for just 8.76% of the overall float for the stock.
Trupanion Inc.’s Biggest Shareholders: Who Owns Trupanion Inc. [TRUP]?
Filings by BlackRock Fund Advisors showed that the firm now holds a total of 3,005,623 shares or roughly 8.45% of the outstanding TRUP shares. This means their shares have increased by 1,101,033 from the 3,005,623 the investor reportedly held in its prior 13-F filing. With the conclusion of the purchase, Capital Research & Management Co updated stake is worth $283,408,500. Details in the latest 13F filings reveal that Wellington Management Co. LLP disposed off their -16.73% stake valued at $271,764,196 while Nine Ten Capital Management LLC cut theirs at $207,015,223. During the last quarter, Wellington Management Co. LLP liquidated -538,539 of its shares in Trupanion Inc. while Nine Ten Capital Management LLC sold -1,015,569 shares. The The Vanguard Group, Inc.’s holdings currently number 1,919,116 shares at $224690101.28. According to the firm’s last 13F report, Baillie Gifford & Co. shares in the company at filing stood at 1,432,546 shares, roughly $145,231,513.
TRUP Earnings Forecast For The Current Quarter
Trupanion Inc. [TRUP] is expected to report weak earnings results for the quarter ending on Dec 2020. Consensus estimates give the company expected revenues of $139.26M and an earnings per share of -$0.04 for Dec 2020. Looking further ahead, the company is expected to report revenue of $145.55M at an EPS of -$0.03 for Mar 2021. The estimates represent upside of 25.90% and 54.50% in the company’s revenue and earnings per share, respectively, on a year-on-year basis.
TRUP Earnings Estimates For The Current Year
For the financial year, Trupanion Inc. [NASDAQ:TRUP] is expected to bring in revenue of $498.6M. The returns are nearly $114.66 million higher than the company’s actual revenue recorded in the fiscal year 2019. In terms of EPS for the 2020, estimate put it at -0.11, lower than that of FY19 by -$0.06. Estimates put this year’s earnings growth at -120.00%, 54.50% for the next, and at an annual 15.00% over the next 5-year period. As for sales, forecasts are for an increase of 29.90% in the current fiscal year and a further 25.90% over the following year.
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What are analyst thoughts on Trupanion Inc.?
Looking forward to the Trupanion Inc. share price prediction, we can see that analysts, surveyed by FactSet, offer the mean price target for Trupanion Inc. stock at $85.00 within the next 12 months, which represents almost -37.74 per cent growth from its previous closing price of $117.08. The highest analysts’ target for Trupanion Inc. stock projections is $140.00 and the lowest one is $63.00. Still, 7 analysts sharing their consensus rating for TRUP stock in 2021 agree that it is an Overweight.