“Hey Jimmy, give me a cheese with nothing! Nothing????” Polly-O String Cheese commercial “We received an Excess proposal from $KNSL on our business. Pricing was fair. What concerns me is they omit a lot of...
READ MORE >Since the day the company went public, the mandate for Trupanion management has been one grand exercise in narrative creation and getting investors to focus on self-created (and oft changed)...
READ MORE >A year ago today, we published our first report on KNSL: “An Insurer of Last Resort Riding an E&S Pricing Wave; Time to Get Short wit ha Price Objective of $230”. We encourage you to read our initial report in which we...
READ MORE >“Trupanion’s product is designed to be used. It is designed with a lifetime per condition deductible and with the pricing at the age of enrollment to ensure that coverage can truly be...
READ MORE >“Yes. I mean our pricing is set for the back half of the year. So, we're not going to be adjusting any rates that our members are going to be seeing right now because we set them around a...
READ MORE >“We are continuing to work with regulators to get rate. We have around 40% of our book, if not a little bit more, are priced ahead of the curve. So, what I mean by that is pet parents have got...
READ MORE >“We are continuing to work with regulators to get rate. We have around 40% of our book, if not a little bit more, are priced ahead of the curve. So, what I mean by that is pet parents have got...
READ MORE >“We are continuing to work with regulators to get rate. We have around 40% of our book, if not a little bit more, are priced ahead of the curve. So, what I mean by that is pet parents have got pricing in place that...
READ MORE >If we take one giant step back and remove ourselves from the “weeds” of Trupanion, the one conclusion we can make about the company’s earnings results is that it was simply...
READ MORE >In what can only be described as a pyrrhic victory, we were modestly encouraged by the stock price action in TRUP over the past few weeks. That warrants an explanation. For almost a...
READ MORE >Imagine our horror over the past 2-3 weeks as the market experiences a crash of sorts in response to the Liberation Day tariffs and investors pile into KNSL of all stocks in a “flight to...
READ MORE >If you’re still not convinced that price action determines the narrative around any given stock, consider the following changes in how investors think about TRUP: • Ten weeks ago: Trupanion is a market leader poised to profitably...
READ MORE >“Also of note, the appreciation of Kinsale's stock price over the course of 2024 exceeded that of the S&P 500 Index for the eighth time in the last 9 years since our IPO back in...
READ MORE >As far as our work on TRUP is concerned, we were delighted to turn the page on 2024. If you told us that TRUP would witness a massive deceleration in enrollment growth, persistently high churn, and...
READ MORE >SELL/SHORT
$3.50
SELL/SHORT
$106
SHORT
$18
LONG
$126
SHORT
$40
SHORT
$38
LONG
$25
SHORT
$52
SELL
$50
SHORT
$50
LONG
$110
SELL/SHORT
$230
SELL/SHORT
$55
LONG
$70
SELL/SHORT
$4
SELL/SHORT
$45
SELL/SHORT
$5
SELL/SHORT
$42
LONG
$75
SELL/SHORT
$50
SELL/SHORT
$50
LONG
$5.50
SHORT
$28
LONG
$65
LONG
$37
PAIR TRADE
$10
PAIR TRADE
$30
LONG
$35
SHORT
$35
SELL/SHORT
$10
SHORT
$101
SHORT
$15
SHORT
$0
SHORT
$9
SHORT
$0
PAIR - LONG BGG/SHORT TTC
25%
SHORT
$22
SHORT
$15
SHORT
$20
SHORT
$31
SHORT
$35
SHORT
$30
PAIR - LONG KNL/SHORT MLHR
25%
LONG
$8
LONG
$20
SHORT
$22
PAIR - LONG CSGP/SHORT LOOP
40%
LONG
$35
SHORT
$275
SHORT
$0