TriplePoint Venture Growth BDC (NYSE:TPVG) Insider Sajal Srivastava Acquires 27,410 Shares

TriplePoint Venture Growth BDC Corp. (NYSE:TPVGGet Free Report) insider Sajal Srivastava acquired 27,410 shares of TriplePoint Venture Growth BDC stock in a transaction on Monday, December 29th. The shares were bought at an average cost of $6.34 per share, with a total value of $173,779.40. Following the completion of the transaction, the insider owned 1,739,554 shares of the company’s stock, valued at approximately $11,028,772.36. This trade represents a 1.60% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Sajal Srivastava also recently made the following trade(s):

  • On Tuesday, December 30th, Sajal Srivastava purchased 25,000 shares of TriplePoint Venture Growth BDC stock. The stock was bought at an average price of $6.45 per share, for a total transaction of $161,250.00.
  • On Friday, December 26th, Sajal Srivastava purchased 31,600 shares of TriplePoint Venture Growth BDC stock. The stock was bought at an average cost of $6.30 per share, for a total transaction of $199,080.00.
  • On Wednesday, December 24th, Sajal Srivastava acquired 26,756 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 $168,562.80.
  • On Tuesday, December 23rd, Sajal Srivastava bought 31,910 shares of TriplePoint Venture Growth BDC stock. The shares were purchased at an average price of $6.29 per share, for a total transaction of $200,713.90.
  • On Monday, December 22nd, Sajal Srivastava purchased 26,900 shares of TriplePoint Venture Growth BDC stock. The stock was purchased at an average price of $6.29 per share, with a total value of $169,201.00.
  • On Friday, December 19th, Sajal Srivastava acquired 29,000 shares of TriplePoint Venture Growth BDC stock. The stock was purchased at an average cost of $6.25 per share, for a total transaction of $181,250.00.
  • On Thursday, December 18th, Sajal Srivastava bought 25,000 shares of TriplePoint Venture Growth BDC stock. The shares were purchased at an average cost of $6.30 per share, with a total value of $157,500.00.
  • On Wednesday, December 17th, Sajal Srivastava purchased 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, Sajal Srivastava purchased 39,044 shares of TriplePoint Venture Growth BDC stock. The shares were acquired at an average cost of $6.18 per share, for a total transaction of $241,291.92.
  • On Monday, December 15th, Sajal Srivastava acquired 30,000 shares of TriplePoint Venture Growth BDC stock. The stock was acquired at an average cost of $6.46 per share, with a total value of $193,800.00.

TriplePoint Venture Growth BDC Trading Up 2.4%

Shares of NYSE:TPVG traded up $0.15 on Wednesday, reaching $6.57. 217,527 shares of the company’s stock were exchanged, compared to its average volume of 333,639. TriplePoint Venture Growth BDC Corp. has a twelve month low of $5.24 and a twelve month high of $8.20. The company has a fifty day moving average of $6.13 and a 200-day moving average of $6.36. The company has a market capitalization of $265.59 million, a price-to-earnings ratio of 7.74 and a beta of 1.35.

TriplePoint Venture Growth BDC (NYSE:TPVGGet Free Report) last released its earnings results on Wednesday, November 5th. The investment management company reported $0.26 earnings per share 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 company had revenue of $22.66 million for the quarter, compared to the consensus estimate of $24.22 million. As a group, equities research analysts forecast that TriplePoint Venture Growth BDC Corp. will post 1.4 EPS for the current fiscal 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 issued a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a dividend yield of 14.0%. The ex-dividend date of this dividend was Tuesday, December 16th. TriplePoint Venture Growth BDC’s dividend payout ratio is 108.24%.

Institutional Investors Weigh In On TriplePoint Venture Growth BDC

Hedge funds have recently added to or reduced their stakes in the business. Nomura Asset Management Co. Ltd. bought a new stake in TriplePoint Venture Growth BDC during the 2nd quarter worth approximately $26,000. Quarry LP grew its stake in shares of 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 worth $33,000 after purchasing an additional 1,629 shares during the last quarter. Advisory Services Network LLC acquired a new stake in TriplePoint Venture Growth BDC in the third quarter valued at $33,000. Northwestern Mutual Wealth Management Co. bought a new position in TriplePoint Venture Growth BDC during the 2nd quarter worth $35,000. Finally, HighTower Advisors LLC acquired a new position in TriplePoint Venture Growth BDC during the 1st quarter worth about $72,000. 12.77% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the company. Piper Sandler cut their target price on 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. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of TriplePoint Venture Growth BDC in a research note on Monday. 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. Wall Street Zen upgraded shares of TriplePoint Venture Growth BDC from a “sell” rating to a “hold” rating in a research note on Saturday, December 6th. Finally, UBS Group lowered their price objective on shares of TriplePoint Venture Growth BDC from $6.50 to $5.50 and set a “neutral” rating for the company in a research report on Tuesday, October 14th. Five analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Reduce” and an average target price of $6.25.

Get Our Latest Analysis on TriplePoint Venture Growth BDC

More TriplePoint Venture Growth BDC News

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

  • Positive Sentiment: Large, repeated insider buys — CEO James Labe purchased four tranches (Dec 22, 23, 24, 26) totaling 117,166 shares (~$6.29–$6.30 avg), raising his direct stake to ~1.71M shares; signals management conviction and likely lifted the stock. SEC Filing — James Labe Form 4
  • Positive Sentiment: Senior insider Sajal Srivastava bought the same four tranches (Dec 22–26) totaling 117,166 shares at roughly the same prices, also lifting his holdings to ~1.71M shares — multiple insiders buying together tends to attract investor buying. SEC Filing — Sajal Srivastava Form 4
  • Positive Sentiment: Dividend confirmed — company declared a $0.23 quarterly dividend (annualized $0.92, ~14% yield) paid Dec. 30; the high cash yield can attract income-focused buyers, though sustainability is a consideration. MarketBeat — TPVG dividend & data
  • Neutral Sentiment: Institutional ownership and trading are modest — several small institutional adjustments noted in filings; about 12.8% of shares are held by hedge funds, so large institutional flows appear limited. MarketBeat — Insider & institutional snapshot
  • Negative Sentiment: Recent earnings miss — TPVG reported $0.26 EPS vs. $0.29 expected and revenue of $22.66M vs. $24.22M, which weighed on analyst sentiment and raises questions about near-term earnings momentum. MarketBeat — Quarterly results
  • Negative Sentiment: Analyst stance remains cautious — multiple firms have trimmed targets and several give “hold”/“sell” ratings (consensus target ≈ $6.25), limiting broker-driven upside despite insider buying. MarketBeat — Analyst consensus
  • Negative Sentiment: Dividend payout ratio is elevated (reported >100%), which may raise sustainability concerns if earnings don’t recover — could pressure the stock longer term if dividends are cut. MarketBeat — Dividend metrics

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.

Further Reading

Insider Buying and Selling by Quarter 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.