Trinity Capital (NASDAQ:TRIN) Stock Gets Price Target Increase from Wells Fargo & Company

Trinity Capital (NASDAQ:TRIN – Get Free Report) had its price objective hoisted by research analysts at Wells Fargo & Company from $15.00 to $16.00 in a report released on Thursday, Benzinga reports. The firm currently has an “underweight” rating on the stock. Wells Fargo & Company‘s target price points to a potential downside of 10.67% from the stock’s current price.

Separately, Keefe, Bruyette & Woods raised their target price on Trinity Capital from $16.00 to $16.50 and gave the company a “market perform” rating in a research note on Thursday, August 6th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $16.80.

Read Our Latest Analysis on Trinity Capital

Trinity Capital Stock Down 0.2%

NASDAQ TRIN opened at $17.91 on Thursday. Trinity Capital has a fifty-two week low of $14.13 and a fifty-two week high of $18.90. The stock has a market cap of $1.70 billion, a price-to-earnings ratio of 9.49 and a beta of 0.66. The business has a fifty day moving average of $17.44 and a 200-day moving average of $16.71.

Trinity Capital (NASDAQ:TRIN – Get Free Report) last released its quarterly earnings data on Wednesday, August 5th. The company reported $0.51 earnings per share for the quarter, missing the consensus estimate of $0.52 by ($0.01). The business had revenue of $87.17 million for the quarter, compared to analyst estimates of $91.44 million. Trinity Capital had a return on equity of 14.94% and a net margin of 43.45%. As a group, analysts anticipate that Trinity Capital will post 2.10 EPS for the current year.

Insider Buying and Selling at Trinity Capital

In related news, CEO Kyle Brown purchased 2,296 shares of the stock in a transaction on Friday, August 7th. The shares were bought at an average price of $18.04 per share, for a total transaction of $41,419.84. Following the completion of the acquisition, the chief executive officer directly owned 612,262 shares in the company, valued at approximately $11,045,206.48. This trade represents a 0.38% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 4.25% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Cornerstone Wealth Management LLC boosted its position in Trinity Capital by 5.4% in the 3rd quarter. Cornerstone Wealth Management LLC now owns 45,676 shares of the company’s stock valued at $802,000 after buying an additional 2,346 shares during the last quarter. Kingstone Capital Partners Texas LLC acquired a new stake in shares of Trinity Capital during the 3rd quarter worth approximately $284,000. International Assets Investment Management LLC lifted its holdings in Trinity Capital by 61.5% in the third quarter. International Assets Investment Management LLC now owns 14,236 shares of the company’s stock valued at $250,000 after buying an additional 5,422 shares during the period. Chicago Partners Investment Group LLC boosted its stake in Trinity Capital by 15.6% in the third quarter. Chicago Partners Investment Group LLC now owns 97,614 shares of the company’s stock valued at $1,595,000 after acquiring an additional 13,155 shares during the last quarter. Finally, SMH Capital Advisors Inc. bought a new position in Trinity Capital in the third quarter valued at approximately $3,015,000. Institutional investors own 24.62% of the company’s stock.

Trinity Capital News Summary

Here are the key news stories impacting Trinity Capital this week:

  • Positive Sentiment: Third-quarter total investment income rose 30.2% year over year to $98.4 million, and quarterly net investment income reached a record $49.9 million, up 34.9%. Return on average equity was 15.5%, and net asset value per share increased to $13.61. These figures point to stronger income generation and growth. Trinity Capital Reports Third Quarter 2026 Financial Results
  • Positive Sentiment: Trinity outlined $500 million of capacity for its Desert Star joint venture as its managed-funds platform approaches $1 billion. The added platform capacity may support future investment activity and diversification of funding. Trinity Capital outlines $500M Desert Star JV capacity
  • Positive Sentiment: Shares were reported higher following the Q3 results, suggesting investors responded favorably to the income growth and operating metrics. Trinity Capital Shares Rise Following Q3 Financial Results
  • Neutral Sentiment: Q3 earnings were $0.52 per share, matching the Zacks consensus estimate. The result met expectations rather than delivering an earnings surprise. Trinity Capital meets Q3 earnings estimates

About Trinity Capital

(Get Free Report)

Trinity Capital Inc (NASDAQ:TRIN) is a business development company that provides debt financing to venture capital- and private equity-backed companies. The company focuses primarily on growth-stage businesses that may require capital to support expansion, product development, acquisitions, working capital and other corporate needs.

Through its investment platform, Trinity Capital offers a range of financing solutions, including secured loans, equipment financing, growth capital and other customized debt structures.

Read More

Analyst Recommendations for Trinity Capital (NASDAQ:TRIN)

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