TriplePoint Venture Growth BDC Corp. (NYSE:TPVG) Receives Consensus Rating of “Reduce” from Analysts

Shares of TriplePoint Venture Growth BDC Corp. (NYSE:TPVGGet Free Report) have earned an average rating of “Reduce” from the seven ratings firms that are currently covering the firm, MarketBeat.com reports. Two research analysts have rated the stock with a sell recommendation and five have given a hold recommendation to the company. The average 1 year price target among analysts that have covered the stock in the last year is $6.25.

TPVG has been the topic of several recent analyst reports. Wall Street Zen raised TriplePoint Venture Growth BDC from a “sell” rating to a “hold” rating in a research report on Saturday, December 6th. Piper Sandler dropped their price target on TriplePoint Venture Growth BDC from $7.00 to $6.00 and set a “neutral” rating on the stock in a research note on Thursday, October 9th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of TriplePoint Venture Growth BDC in a research report on Monday. Zacks Research raised shares of TriplePoint Venture Growth BDC from a “strong sell” rating to a “hold” rating in a research report on Monday, December 8th. Finally, UBS Group decreased their price target on shares of TriplePoint Venture Growth BDC from $6.50 to $5.50 and set a “neutral” rating for the company in a report on Tuesday, October 14th.

View Our Latest Analysis on TPVG

TriplePoint Venture Growth BDC Stock Performance

TPVG stock opened at $6.44 on Wednesday. The firm has a 50-day simple moving average of $6.13 and a two-hundred day simple moving average of $6.36. TriplePoint Venture Growth BDC has a one year low of $5.24 and a one year high of $8.20. The firm has a market cap of $260.01 million, a price-to-earnings ratio of 7.57 and a beta of 1.35.

TriplePoint Venture Growth BDC (NYSE:TPVGGet Free Report) last posted its earnings results on Wednesday, November 5th. The investment management company reported $0.26 EPS for the quarter, missing analysts’ consensus estimates of $0.29 by ($0.03). TriplePoint Venture Growth BDC had a net margin of 36.02% and a return on equity of 12.88%. The firm had revenue of $22.66 million for the quarter, compared to analysts’ expectations of $24.22 million. As a group, equities analysts predict that TriplePoint Venture Growth BDC will post 1.4 earnings per share for the current fiscal year.

TriplePoint Venture Growth BDC Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 30th. Investors of record on Tuesday, December 16th were paid a $0.23 dividend. The ex-dividend date was Tuesday, December 16th. This represents a $0.92 dividend on an annualized basis and a yield of 14.3%. TriplePoint Venture Growth BDC’s dividend payout ratio (DPR) is 108.24%.

Insider Transactions at TriplePoint Venture Growth BDC

In other news, insider Sajal Srivastava bought 31,600 shares of the firm’s stock in a transaction that occurred on Friday, December 26th. The stock was purchased at an average price of $6.30 per share, with a total value of $199,080.00. Following the completion of the acquisition, the insider directly owned 1,712,144 shares of the company’s stock, valued at $10,786,507.20. This trade represents a 1.88% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO James Labe bought 31,600 shares of the company’s stock in a transaction that occurred on Friday, December 26th. The stock was purchased at an average price of $6.30 per share, for a total transaction of $199,080.00. Following the transaction, the chief executive officer owned 1,712,144 shares of the company’s stock, valued at $10,786,507.20. The trade was a 1.88% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last ninety days, insiders have acquired 1,773,872 shares of company stock valued at $11,187,956. 1.46% of the stock is currently owned by insiders.

Institutional Trading of TriplePoint Venture Growth BDC

Several institutional investors and hedge funds have recently bought and sold shares of the business. Nomura Asset Management Co. Ltd. purchased a new position in shares of TriplePoint Venture Growth BDC during the second quarter worth $26,000. Quarry LP boosted its holdings in TriplePoint Venture Growth BDC by 53.6% in the first quarter. Quarry LP now owns 4,669 shares of the investment management company’s stock valued at $33,000 after purchasing an additional 1,629 shares during the last quarter. Northwestern Mutual Wealth Management Co. acquired a new stake in TriplePoint Venture Growth BDC during the 2nd quarter worth about $35,000. Advisory Services Network LLC purchased a new position in shares of TriplePoint Venture Growth BDC during the 3rd quarter valued at about $33,000. Finally, HighTower Advisors LLC acquired a new position in shares of TriplePoint Venture Growth BDC in the 1st quarter valued at about $72,000. 12.77% of the stock is currently owned by institutional investors and hedge funds.

Key TriplePoint Venture Growth BDC News

Here are the key news stories impacting TriplePoint Venture Growth BDC this week:

  • Positive Sentiment: Multiple insider buys by CEO James Labe — four tranches (Dec. 22, 23, 24, 26) totaling ~117,166 shares at roughly $6.29–$6.30, increasing his holdings to ~1.71M shares. Management buying this size of stake typically supports the stock. SEC Filing — James Labe Form 4
  • Positive Sentiment: Senior insider Sajal Srivastava made the same pattern of buys (Dec. 22, 23, 24, 26) totaling ~117,166 shares at ~ $6.29–$6.30, raising his stake to ~1.71M shares — concurrent insider buying by multiple executives is a strong confidence signal. SEC Filing — Sajal Srivastava Form 4
  • Neutral Sentiment: Company declared a quarterly dividend of $0.23 (annualized $0.92) — a high yield attracts income investors but also invites scrutiny of sustainability. Dividend & Insider Summary
  • Neutral Sentiment: Some modest institutional activity noted (new and increased stakes by several small firms); institutional ownership remains relatively low (~12.8%), so large fund flows are unlikely near-term. Institutional Ownership Details
  • Negative Sentiment: Recent quarterly results missed estimates — $0.26 EPS vs. $0.29 expected and revenue of $22.7M vs. $24.2M expected. Earnings misses can pressure sentiment and give analysts reason to cut targets. Earnings Report
  • Negative Sentiment: Dividend payout ratio is above 100% (reported ~108%), raising questions about dividend sustainability and possible future cuts if earnings/realized gains don’t cover distributions. Dividend Coverage Info
  • Negative Sentiment: Analyst coverage is mixed-to-weak: several recent downgrades/price-target cuts and an average consensus near ~$6.25; rating mix is mostly Hold/Reduce with some Sell opinions, which limits upside from analyst-driven flows. Analyst Notes

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.

Further Reading

Analyst Recommendations for TriplePoint Venture Growth BDC (NYSE:TPVG)

Receive News & Ratings for TriplePoint Venture Growth BDC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TriplePoint Venture Growth BDC and related companies with MarketBeat.com's FREE daily email newsletter.