James Labe Acquires 25,000 Shares of TriplePoint Venture Growth BDC (NYSE:TPVG) Stock

TriplePoint Venture Growth BDC Corp. (NYSE:TPVGGet Free Report) CEO James Labe bought 25,000 shares of the company’s stock in a transaction dated Tuesday, December 30th. The stock was purchased at an average price of $6.45 per share, with a total value of $161,250.00. Following the completion of the transaction, the chief executive officer directly owned 1,764,554 shares in the company, valued at approximately $11,381,373.30. This represents a 1.44% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

James Labe also recently made the following trade(s):

  • On Monday, December 29th, James Labe acquired 27,410 shares of TriplePoint Venture Growth BDC stock. The stock was purchased at an average cost of $6.34 per share, for a total transaction of $173,779.40.
  • On Friday, December 26th, James Labe acquired 31,600 shares of TriplePoint Venture Growth BDC stock. The shares were purchased at an average price of $6.30 per share, with a total value of $199,080.00.
  • On Wednesday, December 24th, James Labe bought 26,756 shares of TriplePoint Venture Growth BDC stock. The shares were acquired at an average price of $6.30 per share, with a total value of $168,562.80.
  • On Tuesday, December 23rd, James Labe bought 31,910 shares of TriplePoint Venture Growth BDC stock. The stock was acquired at an average cost of $6.29 per share, for a total transaction of $200,713.90.
  • On Monday, December 22nd, James Labe purchased 26,900 shares of TriplePoint Venture Growth BDC stock. The stock was acquired at an average price of $6.29 per share, for a total transaction of $169,201.00.
  • On Friday, December 19th, James Labe acquired 29,000 shares of TriplePoint Venture Growth BDC stock. The shares were acquired at an average price of $6.25 per share, with a total value of $181,250.00.
  • On Thursday, December 18th, James Labe acquired 25,000 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 $157,500.00.
  • On Wednesday, December 17th, James Labe bought 27,900 shares of TriplePoint Venture Growth BDC stock. The stock was acquired at an average price of $6.19 per share, for a total transaction of $172,701.00.
  • On Tuesday, December 16th, James Labe bought 39,044 shares of TriplePoint Venture Growth BDC stock. The shares were acquired at an average cost of $6.18 per share, with a total value of $241,291.92.
  • On Monday, December 15th, James Labe bought 30,000 shares of TriplePoint Venture Growth BDC stock. The stock was bought at an average cost of $6.46 per share, with a total value of $193,800.00.

TriplePoint Venture Growth BDC Trading Up 2.2%

TPVG opened at $6.56 on Friday. The company has a market cap of $265.02 million, a P/E ratio of 7.72 and a beta of 1.35. The company’s 50 day moving average is $6.16 and its 200-day moving average is $6.37. TriplePoint Venture Growth BDC Corp. has a 1-year low of $5.24 and a 1-year high of $8.20.

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

TriplePoint Venture Growth BDC Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 30th. Stockholders of record on Tuesday, December 16th were paid a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a dividend yield of 14.0%. The ex-dividend date was Tuesday, December 16th. TriplePoint Venture Growth BDC’s dividend payout ratio is presently 108.24%.

TriplePoint Venture Growth BDC News Summary

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

  • Positive Sentiment: CEO James Labe increased his stake with multiple late‑December purchases (e.g., 25,000 shares at $6.45 on Dec. 30 and 27,410 at $6.34 on Dec. 29), signaling management conviction. SEC Filing — James Labe Form 4
  • Positive Sentiment: Insider Sajal Srivastava made repeated purchases across December (many tranches totaling well into six figures), reinforcing the buy signal from management and suggesting insiders view current levels as attractive. SEC Filing — Sajal Srivastava Form 4
  • Positive Sentiment: Shares are showing increased trading activity and modest upside today, indicating heightened attention from traders following the insider activity and dividend payment. MarketBeat — TPVG Summary
  • Neutral Sentiment: The company paid its quarterly $0.23 dividend (annualized $0.92), yielding ~14%; this supports income buyers but the payout ratio (~108%) raises sustainability questions for some investors. MarketBeat — Dividend Details
  • Neutral Sentiment: Institutional ownership remains modest (~12.8%), so large institutional flows are unlikely to drive sustained moves without broader news. MarketBeat — Institutional Ownership
  • Negative Sentiment: Analysts have trimmed price targets and maintain cautious ratings (Piper Sandler, UBS cuts; Weiss Ratings maintains a sell), which caps upside from a sell‑side perspective. Weiss Ratings
  • Negative Sentiment: Most recent quarterly results missed consensus on EPS and revenue (Nov. 5), a reminder of earnings pressure that could limit multiple expansion if results don’t improve. MarketBeat — TPVG Earnings

Analyst Upgrades and Downgrades

TPVG has been the subject of a number of recent research reports. UBS Group lowered their target price on 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. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of TriplePoint Venture Growth BDC in a research note on Monday. Piper Sandler dropped their price objective on shares of TriplePoint Venture Growth BDC from $7.00 to $6.00 and set a “neutral” rating for the company in a report on Thursday, October 9th. 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. Finally, Wall Street Zen upgraded shares of TriplePoint Venture Growth BDC from a “sell” rating to a “hold” rating in a research report on Saturday, December 6th. Five investment analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, TriplePoint Venture Growth BDC presently has a consensus rating of “Reduce” and an average target price of $6.25.

Read Our Latest Report on TriplePoint Venture Growth BDC

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the company. Advisory Services Network LLC acquired a new position in shares of TriplePoint Venture Growth BDC in the 3rd quarter worth approximately $33,000. CANADA LIFE ASSURANCE Co increased its position in shares of TriplePoint Venture Growth BDC by 35.5% during the third quarter. CANADA LIFE ASSURANCE Co now owns 51,515 shares of the investment management company’s stock worth $296,000 after buying an additional 13,490 shares during the period. Verition Fund Management LLC raised its stake in TriplePoint Venture Growth BDC by 14.1% during the third quarter. Verition Fund Management LLC now owns 22,677 shares of the investment management company’s stock worth $131,000 after buying an additional 2,800 shares during the last quarter. Millennium Management LLC acquired a new position in TriplePoint Venture Growth BDC in the third quarter valued at $134,000. Finally, Brevan Howard Capital Management LP bought a new stake in TriplePoint Venture Growth BDC during the third quarter valued at $165,000. Institutional investors own 12.77% of the company’s stock.

TriplePoint Venture Growth BDC Company Profile

(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.

See Also

Insider Buying and Selling by Quarter for TriplePoint Venture Growth BDC (NYSE:TPVG)

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