Trupanion (TRUP)

Company Profile

trupanion is the fastest growing player in the pet medical insurance space. we are known for superior coverage and top-notch customer service. we pride ourselves on swift claims resolutions and providing the best medical insurance care available. if you are a pet lover seeking your next adventure, then you have found a company that’s right for you! we're growing our footprint throughout north america and need ambitious, data-driven individuals with innovation in their dna to join our team and help nurture a market with immense opportunity. as a territory partner you can enjoy the freedom and flexibility of being your own boss while spearheading the growth of medical insurance for pets in your region. as a team member at our headquarters you will find yourself surrounded by supportive colleagues (and furry companions) and managers who want to help you find your sweet spot, aligning your passion for animals and professional skills. both employment opportunities will allow you to position

Company profile

Ticker

TRUP

Exchange

NASDAQ

Website

trupanion.com/

CEO

Darryl Rawlings

Incorporated

Delaware

Location

Washington

Fiscal year end

Dec 31

Industry (SIC)

Hospital & Medical Service Plans

UnitedHealth • Elevance Health • Cigna • NeueHealth • Alignment Healthcare ...

Former names

TRUPANION INC., VETINSURANCE INTERNATIONAL INC

SEC CIK

0001371285

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

American Pet Insurance Company • Trupanion Managers USA, Inc. • Canada Pet Health Insurance Services, Inc. • Wyndham Insurance Company • 6100 Building, LLC • Trupanion Canadian Shareholders Ltd. • Trupanion Alberta Holding Company, ULC • Trupanion Administration Canada, Inc. • Aquarium Software Limited • Aquarium Software Ireland Limited ...

TRUP stock data

1M 3M 6M 1Y

Analyst ratings and price targets

Last 3 months

Average target

$46.50

Low target

$40.00

High target

$56.00

Northland Capital Markets

Latest filings (excl ownership)

View all

8-K

Departure of Directors or Certain Officers

9 Aug 24

Trupanion Reports Second Quarter 2024 Results

8 Aug 24

8-K

Departure of Directors or Certain Officers

1 Aug 24

S-8

Registration of securities for employees

7 Jun 24

8-K

Submission of Matters to a Vote of Security Holders

3 May 24

Trupanion Reports First Quarter 2024 Results

2 May 24

ARS

2023 FY

Annual report to shareholders

26 Apr 24

DEFA14A

Additional proxy soliciting materials

26 Apr 24

Transcripts

View all

TRUP

Earnings call transcript

2024 Q2

8 Aug 24

TRUP

Earnings call transcript

2024 Q1

2 May 24

TRUP

Earnings call transcript

2023 Q4

15 Feb 24

TRUP

Earnings call transcript

2023 Q3

2 Nov 23

TRUP

Earnings call transcript

2023 Q2

3 Aug 23

TRUP

Earnings call transcript

2023 Q2

3 Aug 23

TRUP

Earnings call transcript

2023 Q1

4 May 23

TRUP

Earnings call transcript

2022 Q4

15 Feb 23

TRUP

Earnings call transcript

2022 Q3

4 Nov 22

TRUP

Earnings call transcript

2022 Q2

4 Aug 22

Latest ownership filings

View all

Margaret Tooth

30 Aug 24

144

Notice of proposed sale of securities

Financial summary

Financial statements Chart TRUP financial data

Quarter (USD)	Jun 24	Mar 24	Dec 23	Sep 23
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 23	Dec 22	Dec 21	Dec 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	147.59 mm	147.59 mm	147.59 mm	147.59 mm	147.59 mm	147.59 mm
Cash burn (monthly)	7.32 mm	(no burn)	1.97 mm	1.58 mm	(no burn)	(no burn)
Cash used (since last report)	24.56 mm	n/a	6.60 mm	5.28 mm	n/a	n/a
Cash remaining	123.03 mm	n/a	140.99 mm	142.31 mm	n/a	n/a
Runway (months of cash)	16.8	n/a	71.6	90.3	n/a	n/a

Beta Read what these cash burn values mean

Financial data from Trupanion earnings reports.

Institutional ownership, Q2 2024

TRUP institutional ownership history Ownership history

13F holders	Current	Prev Q	Change
Total holders	197	72	+173.6%
Opened positions	134	11	+1118.2%
Closed positions	9	105	-91.4%
Increased positions	23	16	+43.8%
Reduced positions	19	22	-13.6%

13F shares	Current	Prev Q	Change
Total value	1.19 tn	230.28 bn	+416.0%
Total shares	48.65 mm	16.34 mm	+197.8%
Total puts	853.80 k	195.00 k	+337.8%
Total calls	887.60 k	374.00 k	+137.3%
Total put/call ratio	1.0	0.5	+84.5%

Largest owners	Shares	Value	Change
BLK BlackRock	5.45 mm	$160.30 bn	NEW
Capital World Investors	4.02 mm	$118.20 bn	NEW
Vanguard	3.64 mm	$107.08 bn	NEW
AFL Aflac	3.64 mm	$106.91 bn	0.0%
Wellington Management	3.25 mm	$95.60 bn	NEW
Flossbach Von Storch	2.87 mm	$84.27 bn	-0.5%
Nielsen Ole	2.84 mm	$77.06 mm	0.0%
Tarmac DLTFM	2.11 mm	$62.61 mm	0.0%
MS Morgan Stanley	1.48 mm	$43.44 bn	NEW
RenaissanceRe Ventures	1.48 mm	$112.60 mm	0.0%

Largest transactions	Shares	Bought/sold	Change
BLK BlackRock	5.45 mm	+5.45 mm	NEW
Capital World Investors	4.02 mm	+4.02 mm	NEW
Vanguard	3.64 mm	+3.64 mm	NEW
Wellington Management	3.25 mm	+3.25 mm	NEW
MS Morgan Stanley	1.48 mm	+1.48 mm	NEW
STT State Street	1.39 mm	+1.39 mm	NEW
Polar Capital	1.36 mm	+1.36 mm	NEW
Greenlea Lane Capital Management	1.10 mm	+1.10 mm	NEW
Marshall Wace	1.09 mm	+1.09 mm	NEW
Geode Capital Management	791.49 k	+791.49 k	NEW

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

TRUP insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
28 Aug 24	Tooth Margaret	Common Stock	Sell	Dispose S	No	No	46.48	7,500	348.60 k	99,984
28 Aug 24	Tooth Margaret	Common Stock	Option exercise	Acquire M	No	No	6.54	7,500	49.05 k	107,484
28 Aug 24	Tooth Margaret	Stock Option Common Stock	Option exercise	Dispose M	No	No	6.54	7,500	49.05 k	0
26 Aug 24	Fawwad Qureshi	Common Stock	Sell	Dispose S	No	Yes	46.54	624	29.04 k	0
25 Aug 24	Emily Dreyer	Common Stock	Payment of exercise	Dispose F	No	No	46.63	194	9.05 k	27,808
25 Aug 24	Emily Dreyer	Common Stock	Option exercise	Acquire M	No	No	0	800	0.00	28,002
25 Aug 24	Emily Dreyer	Common Stock	Payment of exercise	Dispose F	No	No	46.63	360	16.79 k	27,202
25 Aug 24	Emily Dreyer	Common Stock	Option exercise	Acquire M	No	No	0	1,482	0.00	27,562
25 Aug 24	Emily Dreyer	Common Stock	Payment of exercise	Dispose F	No	No	46.63	334	15.57 k	26,080
25 Aug 24	Emily Dreyer	Common Stock	Option exercise	Acquire M	No	No	0	1,373	0.00	26,414