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Insider buy at Trupaion (TRUP) is Significant Breaks Selling Trend of Last Quarter

05/07/2021 18:31

10:20 PM EDT, 05/07/2021 (MT Newswires) -- There was a significant insider buying activity in Trupaion shares today as revealed in a filing with the SEC. One insider -- Robin A Ferracone, Director -- purchased 83,181 shares in the company having a net market value of approximately $2,111,126. There have been 5 insiders with buy/sell transactions in the past 90 days prior to this filing. All of these trades have been sales resulting in the disposition of 41,050 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net purchases of 42,131 shares and have averaged 20,705 shares per transaction over this time period.

The number of buy-sell trades for Trupaion is close to that of the 2 member peer company average. The Health Insurance peer group saw 12 buy/sell trades during this period for an average of 6.0 transactions per company. However, the number of shares per buy/sell trade transacted by Trupaion insiders is higher. Within the peer group there were 0 shares purchased and 41,050 shares sold with company insiders disposing of 3,421 shares on average.

For the purpose of evaluating significant insider buying and selling all trades reported to the SEC that involve awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers have been eliminated in data obtained to create and write this story.

This report does not constitute a recommendation to purchase or sell any security and the analysts are not registered investment advisors. Further analysis is recommended before undertaking any position in any security. Any risks are solely the responsibility of the buyer/seller. The authors, publishers and distributors of the MT Newswires Live Briefs service and any associates thereof accept no liability for the content or actions taken by anyone or institution utilizing this report.