TriplePoint Venture Growth BDC Corp. (NYSE:TPVG) CFO Andrew Olson purchased 7,386 shares of the stock in a transaction dated Wednesday, October 25th. The shares were purchased at an average price of $13.65 per share, for a total transaction of $100,818.90. Following the completion of the transaction, the chief financial officer now owns 7,386 shares in the company, valued at approximately $100,818.90. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Shares of TriplePoint Venture Growth BDC Corp. (NYSE TPVG) traded up 0.58% during trading on Friday, hitting $13.90. The company had a trading volume of 125,299 shares. TriplePoint Venture Growth BDC Corp. has a 12-month low of $10.25 and a 12-month high of $14.41. The firm has a 50 day moving average of $13.41 and a 200 day moving average of $13.47.

TriplePoint Venture Growth BDC Corp. (NYSE:TPVG) last issued its earnings results on Tuesday, August 8th. The investment management company reported $0.55 EPS for the quarter, beating the consensus estimate of $0.32 by $0.23. The company had revenue of $15.68 million during the quarter, compared to analysts’ expectations of $11.49 million. TriplePoint Venture Growth BDC Corp. had a net margin of 56.60% and a return on equity of 13.05%. Equities analysts forecast that TriplePoint Venture Growth BDC Corp. will post $1.63 earnings per share for the current fiscal year.

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Several brokerages have recently issued reports on TPVG. Compass Point cut TriplePoint Venture Growth BDC Corp. from a “buy” rating to a “neutral” rating and lowered their price target for the company from $14.41 to $14.00 in a research report on Tuesday, August 29th. ValuEngine upgraded TriplePoint Venture Growth BDC Corp. from a “buy” rating to a “strong-buy” rating in a report on Thursday, August 10th.

Several institutional investors have recently modified their holdings of TPVG. Bank of Montreal Can bought a new stake in shares of TriplePoint Venture Growth BDC Corp. during the 2nd quarter valued at $2,542,000. Delphi Management Inc. MA raised its position in shares of TriplePoint Venture Growth BDC Corp. by 48.9% during the 2nd quarter. Delphi Management Inc. MA now owns 170,918 shares of the investment management company’s stock valued at $2,275,000 after acquiring an additional 56,121 shares during the last quarter. Marshall Wace North America L.P. bought a new stake in shares of TriplePoint Venture Growth BDC Corp. during the 2nd quarter valued at $565,000. Essex Investment Management Co. LLC raised its position in shares of TriplePoint Venture Growth BDC Corp. by 116.2% during the 2nd quarter. Essex Investment Management Co. LLC now owns 76,328 shares of the investment management company’s stock valued at $1,016,000 after acquiring an additional 41,028 shares during the last quarter. Finally, Shelton Capital Management raised its position in shares of TriplePoint Venture Growth BDC Corp. by 185.6% during the 2nd quarter. Shelton Capital Management now owns 47,703 shares of the investment management company’s stock valued at $635,000 after acquiring an additional 31,000 shares during the last quarter. Institutional investors own 38.16% of the company’s stock.

TriplePoint Venture Growth BDC Corp. Company Profile

TriplePoint Venture Growth BDC Corp. is a closed-end, non-diversified management investment company. The Company’s investment objective is to maximize its total return to stockholders primarily in the form of current income and, to a lesser extent, capital appreciation by primarily lending with warrants to venture growth stage companies focused in technology, life sciences and other high growth industries, which are backed by TriplePoint Capital LLC’s (TPC) select group of venture capital investors.

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