Immersion Capital Llp adds Trupanion Inc (TRUP) to its portfolio

Trupanion Inc (TRUP) : Immersion Capital Llp added new position in Trupanion Inc during the most recent quarter end. The investment management firm now holds 1,386,739 shares of Trupanion Inc which is valued at $20,329,594 , the company said in a statement filed on Aug 15, 2016 with the SEC.Trupanion Inc makes up approximately 7.21% of Immersion Capital Llp’s portfolio.

Other Hedge Funds, Including , Wasatch Advisors Inc reduced its stake in TRUP by selling 724,583 shares or 37.57% in the most recent quarter. The Hedge Fund company now holds 1,204,015 shares of TRUP which is valued at $17,650,860. Trupanion Inc makes up approx 0.26% of Wasatch Advisors Inc’s portfolio.Citadel Advisors reduced its stake in TRUP by selling 91,768 shares or 41.94% in the most recent quarter. The Hedge Fund company now holds 127,023 shares of TRUP which is valued at $1,862,157.Group One Trading boosted its stake in TRUP in the latest quarter, The investment management firm added 200 additional shares and now holds a total of 950 shares of Trupanion Inc which is valued at $13,927. Credit Suisse Ag added TRUP to its portfolio by purchasing 66,736 company shares during the most recent quarter which is valued at $978,350. Royce Associates Lp added TRUP to its portfolio by purchasing 30,000 company shares during the most recent quarter which is valued at $448,500.

Trupanion Inc closed down -0.02 points or -0.13% at $15.01 with 48,136 shares getting traded on Thursday. Post opening the session at $15.03, the shares hit an intraday low of $14.99 and an intraday high of $15.1899 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.

On the company’s financial health, Trupanion Inc reported $-0.03 EPS for the quarter, beating the analyst consensus estimate by $ 0.04 according to the earnings call on Aug 2, 2016. Analyst had a consensus of $-0.07. The company had revenue of $45.83 million for the quarter, compared to analysts expectations of $45.03 million. The company’s revenue was up 28.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.17 EPS.

Many Wall Street Analysts have commented on Trupanion Inc. Lake Street Initiated Trupanion Inc on Jul 19, 2016 to “Buy”, Price Target of the shares are set at $18.

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.

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