Key Points
- Sajal Srivastava bought about 303,131 shares of TPVG between Dec. 26 and Jan. 12, spending roughly $2.0 million (including a 16,000‑share purchase on Jan. 9 at $6.56).
- Those purchases raised Srivastava's stake to roughly 1.974 million shares, and combined insider buys (including the CEO) pushed insider holdings to about 1.998 million shares, signaling management confidence.
- Fundamentals are mixed: TPVG missed the prior quarter's EPS ($0.26 vs. $0.29 expected) and revenue, the stock trades near $6.62 with a $267M market cap, and analysts' average rating is "Reduce" with an average price target of $6.25.
TriplePoint Venture Growth BDC Corp. (NYSE:TPVG - Get Free Report) insider Sajal Srivastava purchased 16,000 shares of the firm's stock in a transaction on Friday, January 9th. The stock was bought at an average price of $6.56 per share, with a total value of $104,960.00. Following the acquisition, the insider owned 1,974,690 shares in the company, valued at $12,953,966.40. This trade represents a 0.82% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.
Sajal Srivastava also recently made the following trade(s):
- On Monday, January 12th, Sajal Srivastava bought 23,799 shares of TriplePoint Venture Growth BDC stock. The stock was purchased at an average price of $6.66 per share, with a total value of $158,501.34.
- On Thursday, January 8th, Sajal Srivastava purchased 16,833 shares of TriplePoint Venture Growth BDC stock. The shares were purchased at an average cost of $6.61 per share, for a total transaction of $111,266.13.
- On Wednesday, January 7th, Sajal Srivastava acquired 30,877 shares of TriplePoint Venture Growth BDC stock. The stock was purchased at an average price of $6.43 per share, for a total transaction of $198,539.11.
- On Tuesday, January 6th, Sajal Srivastava acquired 34,000 shares of TriplePoint Venture Growth BDC stock. The stock was purchased at an average cost of $6.61 per share, with a total value of $224,740.00.
- On Monday, January 5th, Sajal Srivastava bought 40,000 shares of TriplePoint Venture Growth BDC stock. The shares were acquired at an average price of $6.70 per share, with a total value of $268,000.00.
- On Friday, January 2nd, Sajal Srivastava bought 27,153 shares of TriplePoint Venture Growth BDC stock. The shares were acquired at an average cost of $6.60 per share, for a total transaction of $179,209.80.
- On Wednesday, December 31st, Sajal Srivastava purchased 30,459 shares of TriplePoint Venture Growth BDC stock. The stock was acquired at an average price of $6.55 per share, for a total transaction of $199,506.45.
- On Tuesday, December 30th, Sajal Srivastava purchased 25,000 shares of TriplePoint Venture Growth BDC stock. The stock was acquired at an average cost of $6.45 per share, with a total value of $161,250.00.
- On Monday, December 29th, Sajal Srivastava acquired 27,410 shares of TriplePoint Venture Growth BDC stock. The shares were acquired at an average price of $6.34 per share, for a total transaction of $173,779.40.
- On Friday, December 26th, Sajal Srivastava bought 31,600 shares of TriplePoint Venture Growth BDC stock. The stock was acquired at an average cost of $6.30 per share, for a total transaction of $199,080.00.
TriplePoint Venture Growth BDC Trading Up 0.8%
TPVG stock opened at $6.62 on Wednesday. The firm has a 50 day simple moving average of $6.32 and a 200-day simple moving average of $6.35. The company has a market capitalization of $267.25 million, a P/E ratio of 7.78 and a beta of 1.35. TriplePoint Venture Growth BDC Corp. has a twelve month low of $5.24 and a twelve month high of $8.20.
TriplePoint Venture Growth BDC (NYSE:TPVG - Get Free Report) last posted its quarterly earnings results on Wednesday, November 5th. The investment management company reported $0.26 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.29 by ($0.03). The company had revenue of $22.66 million during the quarter, compared to analyst estimates of $24.22 million. TriplePoint Venture Growth BDC had a net margin of 36.02% and a return on equity of 12.88%. On average, research analysts predict that TriplePoint Venture Growth BDC Corp. will post 1.4 EPS for the current year.
Institutional Investors Weigh In On TriplePoint Venture Growth BDC
Large investors have recently added to or reduced their stakes in the stock. Two Sigma Investments LP boosted its holdings in shares of TriplePoint Venture Growth BDC by 58.6% during the third quarter. Two Sigma Investments LP now owns 612,727 shares of the investment management company's stock valued at $3,535,000 after acquiring an additional 226,479 shares during the period. Marshall Wace LLP increased its holdings in shares of TriplePoint Venture Growth BDC by 44.9% in the 2nd quarter. Marshall Wace LLP now owns 529,201 shares of the investment management company's stock worth $3,710,000 after acquiring an additional 163,916 shares during the period. Legal & General Group Plc lifted its position in TriplePoint Venture Growth BDC by 4.5% in the 2nd quarter. Legal & General Group Plc now owns 276,451 shares of the investment management company's stock valued at $1,935,000 after purchasing an additional 11,965 shares during the last quarter. Norden Group LLC boosted its stake in TriplePoint Venture Growth BDC by 150.1% during the 4th quarter. Norden Group LLC now owns 174,090 shares of the investment management company's stock valued at $1,139,000 after purchasing an additional 104,492 shares during the period. Finally, Samalin Investment Counsel LLC boosted its stake in TriplePoint Venture Growth BDC by 13.1% during the 2nd quarter. Samalin Investment Counsel LLC now owns 92,636 shares of the investment management company's stock valued at $649,000 after purchasing an additional 10,730 shares during the period. 12.77% of the stock is owned by institutional investors and hedge funds.
Key Headlines Impacting TriplePoint Venture Growth BDC
Here are the key news stories impacting TriplePoint Venture Growth BDC this week:
- Positive Sentiment: Insiders (including CEO James Labe) bought a combined 39,799 shares across Jan. 9 and Jan. 12 at average prices of $6.56 and $6.66, totaling about $263,461. These purchases increased the insider holdings to roughly 1.998 million shares, signaling management confidence in the business. SEC filing (CEO): SEC Form 4 (CEO) and SEC filing (other insider): SEC Form 4 (Other Insider)
- Neutral Sentiment: Media outlets picked up the filings and published pieces highlighting the insider buys; coverage can boost investor awareness but adds no new company fundamentals. Sample articles: AmericanBankingNews: Insider Buys and AmericanBankingNews: CEO Buys
- Negative Sentiment: Recent fundamentals remain mixed — TPVG reported an EPS miss and revenue shortfall in its Nov. quarter (EPS $0.26 vs. $0.29 expected), which could temper upside if macro or credit conditions worsen. Analysts still forecast ~\$1.40 EPS for the year, but earnings misses are a reminder of execution/portfolio risk.
Analyst Upgrades and Downgrades
Several brokerages have issued reports on TPVG. UBS Group cut their price objective on TriplePoint Venture Growth BDC from $6.50 to $5.50 and set a "neutral" rating on the stock in a research note on Tuesday, October 14th. Wall Street Zen raised TriplePoint Venture Growth BDC from a "sell" rating to a "hold" rating in a research report on Saturday, December 6th. Weiss Ratings upgraded TriplePoint Venture Growth BDC from a "sell (d+)" rating to a "hold (c-)" rating in a research note on Monday. Piper Sandler lowered their target price on shares of TriplePoint Venture Growth BDC from $7.00 to $6.00 and set a "neutral" rating for the company in a research note on Thursday, October 9th. Finally, Zacks Research raised shares of TriplePoint Venture Growth BDC from a "strong sell" rating to a "hold" rating in a report on Monday, December 8th. Six investment analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company has an average rating of "Reduce" and an average price target of $6.25.
Get Our Latest Stock Report on TriplePoint Venture Growth BDC
About TriplePoint Venture Growth BDC
(
Get Free Report)
TriplePoint Venture Growth BDC Inc is a closed-end management investment company externally managed by TriplePoint Capital LLC. The firm specializes in providing customized debt and equity financing to growth-stage, venture capital– and private equity–backed companies. Its financing solutions include senior secured loans, unitranche facilities, subordinated debt and selective equity co-investments tailored to support expansion, working capital needs and strategic initiatives.
Launched in September 2018 and listed on the New York Stock Exchange under the symbol TPVG, TriplePoint Venture Growth BDC leverages the deep industry expertise and established underwriting capabilities of TriplePoint Capital, a venture lender since 2003.
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