Trupanion Inc. (TRUP): Darryl Rawlings , President and CEO of Trupanion Inc. sold 3,500 shares on May 3, 2016. The Insider selling transaction was reported by the company on May 4, 2016 to the Securities and Exchange Commission. The shares were sold at $12.64 per share for a total value of $44,223.55 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Apr 22, 2016, Darryl Rawlings (President and CEO) sold 3,500 shares at $12.15 per share price.On Feb 24, 2016, Robin A Ferracone (director) purchased 8,000 shares at $9.35 per share price.Also, On Feb 24, 2016, Craig Susen (Chief Technology Officer) sold 32,752 shares at $8.98 per share price.
Trupanion Inc: On Wednesday, May 4, 2016 heightened volatility was witnessed in Trupanion Inc which led to swings in the share price. The shares opened for trading at $12.62 and hit $12.89 on the upside , eventually ending the session at $12.74, with a gain of 1.35% or 0.17 points. The heightened volatility saw the trading volume jump to 92,820 shares. The 52-week high of the share price is $13.07 and the company has a market cap of $362 M . The 52-week low of the share price is at $6.27.
Company has been under the radar of several Street Analysts.Trupanion Inc is Reiterated by Stifel to Buy and the brokerage firm has raised the Price Target to $ 17 from a previous price target of $16 .The Rating was issued on May 4, 2016.
Trupanion Inc. is a direct-to-consumer monthly subscription service company engaged in providing a medical insurance plan for cats and dogs across the United States Canada and Puerto Rico. The Company operates through two business segments: subscription business and other business. The subscription business segment includes monthly subscriptions related to medical insurance plan for cats and dogs. The other business segment includes other operations such as writing of policies for an unaffiliated general agent and policies written under a federal Government program.