Trinity Capital (NASDAQ:TRIN) Price Target Raised to $18.00

Trinity Capital (NASDAQ:TRIN) had its price target boosted by research analysts at Keefe, Bruyette & Woods from $16.50 to $18.00 in a report issued on Thursday, Benzinga reports. The firm currently has a “market perform” rating on the stock. Keefe, Bruyette & Woods‘s price target suggests a potential upside of 3.05% from the company’s previous close.

Separately, Wells Fargo & Company upped their target price on shares of Trinity Capital from $15.00 to $16.00 and gave the stock an “underweight” rating in a research note on Thursday. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $17.10.

Trinity Capital Trading Down 2.6%

TRIN traded down $0.47 on Thursday, hitting $17.47. 804,755 shares of the company were exchanged, compared to its average volume of 1,125,112. The firm has a 50-day moving average price of $17.44 and a two-hundred day moving average price of $16.71. Trinity Capital has a twelve month low of $14.13 and a twelve month high of $18.90. The company has a market cap of $1.65 billion, a price-to-earnings ratio of 9.24 and a beta of 0.66.

Trinity Capital (NASDAQ:TRIN) last posted its quarterly earnings results on Wednesday, August 5th. The company reported $0.51 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.52 by ($0.01). The company had revenue of $87.17 million during the quarter, compared to analyst estimates of $91.44 million. Trinity Capital had a net margin of 43.45% and a return on equity of 14.94%. Equities analysts expect that Trinity Capital will post 2.10 EPS for the current year.

Insider Buying and Selling at Trinity Capital

In other Trinity Capital news, CEO Kyle Brown bought 2,296 shares of the firm’s stock in a transaction that occurred on Friday, August 7th. The stock was purchased at an average price of $18.04 per share, for a total transaction of $41,419.84. Following the completion of the purchase, the chief executive officer directly owned 612,262 shares in the company, valued at $11,045,206.48. This trade represents a 0.38% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 4.25% of the company’s stock.

Hedge Funds Weigh In On Trinity Capital

Several hedge funds have recently added to or reduced their stakes in the stock. Bank of America Corp DE raised its holdings in Trinity Capital by 57.7% during the first quarter. Bank of America Corp DE now owns 190,166 shares of the company’s stock worth $2,797,000 after purchasing an additional 69,586 shares in the last quarter. BlackRock Inc. acquired a new position in shares of Trinity Capital in the 2nd quarter valued at $5,134,000. Van ECK Associates Corp boosted its holdings in shares of Trinity Capital by 39.3% in the 2nd quarter. Van ECK Associates Corp now owns 2,153,437 shares of the company’s stock valued at $38,525,000 after buying an additional 607,988 shares in the last quarter. Melia Wealth LLC purchased a new position in shares of Trinity Capital in the 2nd quarter valued at $24,221,000. Finally, Sound Income Strategies LLC grew its position in shares of Trinity Capital by 9.4% in the 2nd quarter. Sound Income Strategies LLC now owns 1,269,744 shares of the company’s stock valued at $22,716,000 after buying an additional 109,291 shares during the last quarter. 24.62% of the stock is currently owned by hedge funds and other institutional investors.

Trinity Capital News Summary

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

• Positive Sentiment: Third-quarter earnings were $0.52 per share, in line with consensus. Net investment income reached a record $49.9 million, up 34.9% year over year, while total investment income rose 30.2% to $98.4 million. Return on average equity was 15.5%, and net asset value per share increased to $13.61—results that may have supported investor sentiment. Trinity Capital Reports Third Quarter 2026 Financial Results Trinity Capital Shares Rise Following Q3 Financial Results
• Positive Sentiment: Trinity outlined up to $500 million in capacity for its Desert Star joint venture as its managed-funds platform nears $1 billion. The additional platform capacity could support future investment and growth, though it does not guarantee immediate earnings. Trinity Capital outlines $500M Desert Star JV capacity
• Negative Sentiment: Wells Fargo raised its price target from $15 to $16 but maintained an “underweight” rating. The target implies 8.2% downside from the cited $17.43 share price, potentially tempering the positive reaction to results. Wells Fargo rating information

Trinity Capital Company Profile

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.