James Labe Purchases 26,756 Shares of TriplePoint Venture Growth BDC (NYSE:TPVG) Stock

TriplePoint Venture Growth BDC Corp. (NYSE:TPVG) CEO James Labe bought 26,756 shares of the stock in a transaction that occurred on Wednesday, December 24th. The stock was bought at an average cost of $6.30 per share, for a total transaction of $168,562.80. Following the completion of the purchase, the chief executive officer directly owned 1,680,544 shares of the company’s stock, valued at $10,587,427.20. This represents a 1.62% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

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

• On Friday, December 26th, James Labe purchased 31,600 shares of TriplePoint Venture Growth BDC stock. The stock was bought at an average cost of $6.30 per share, with a total value of $199,080.00.
• On Tuesday, December 23rd, James Labe acquired 31,910 shares of TriplePoint Venture Growth BDC stock. The shares were bought at an average price of $6.29 per share, for a total transaction of $200,713.90.
• On Monday, December 22nd, James Labe acquired 26,900 shares of TriplePoint Venture Growth BDC stock. The shares were bought at an average cost of $6.29 per share, with a total value of $169,201.00.
• On Friday, December 19th, James Labe bought 29,000 shares of TriplePoint Venture Growth BDC stock. The stock was bought at an average price of $6.25 per share, with a total value of $181,250.00.
• On Thursday, December 18th, James Labe purchased 25,000 shares of TriplePoint Venture Growth BDC stock. The shares were purchased at an average price of $6.30 per share, for a total transaction of $157,500.00.
• On Wednesday, December 17th, James Labe purchased 27,900 shares of TriplePoint Venture Growth BDC stock. The shares were purchased at an average cost of $6.19 per share, with a total value of $172,701.00.
• On Tuesday, December 16th, James Labe acquired 39,044 shares of TriplePoint Venture Growth BDC stock. The shares were purchased at an average price of $6.18 per share, for a total transaction of $241,291.92.
• On Monday, December 15th, James Labe acquired 30,000 shares of TriplePoint Venture Growth BDC stock. The shares were purchased at an average cost of $6.46 per share, for a total transaction of $193,800.00.
• On Friday, December 12th, James Labe acquired 19,919 shares of TriplePoint Venture Growth BDC stock. The shares were purchased at an average cost of $6.64 per share, for a total transaction of $132,262.16.
• On Thursday, December 11th, James Labe purchased 24,590 shares of TriplePoint Venture Growth BDC stock. The shares were acquired at an average price of $6.69 per share, for a total transaction of $164,507.10.

TriplePoint Venture Growth BDC Price Performance

Shares of NYSE TPVG opened at $6.44 on Wednesday. The stock has a market capitalization of $260.01 million, a P/E ratio of 7.57 and a beta of 1.35. TriplePoint Venture Growth BDC Corp. has a one year low of $5.24 and a one year high of $8.20. The firm’s 50 day simple moving average is $6.13 and its two-hundred day simple moving average is $6.36.

TriplePoint Venture Growth BDC (NYSE:TPVG) last announced 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). TriplePoint Venture Growth BDC had a net margin of 36.02% and a return on equity of 12.88%. The business had revenue of $22.66 million during the quarter, compared to analysts’ expectations of $24.22 million. As a group, equities analysts expect that TriplePoint Venture Growth BDC Corp. will post 1.4 earnings per share for the current fiscal year.

TriplePoint Venture Growth BDC Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 30th. Stockholders of record on Tuesday, December 16th were paid a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a dividend yield of 14.3%. The ex-dividend date of this dividend was Tuesday, December 16th. TriplePoint Venture Growth BDC’s dividend payout ratio (DPR) is 108.24%.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on TPVG. Weiss Ratings restated a “sell (d+)” rating on shares of TriplePoint Venture Growth BDC in a research report on Monday. Piper Sandler decreased their target price on shares of TriplePoint Venture Growth BDC from $7.00 to $6.00 and set a “neutral” rating on the stock in a research note on Thursday, October 9th. Wall Street Zen upgraded shares of TriplePoint Venture Growth BDC from a “sell” rating to a “hold” rating in a report on Saturday, December 6th. UBS Group dropped their price target 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. Finally, Zacks Research upgraded shares of TriplePoint Venture Growth BDC from a “strong sell” rating to a “hold” rating in a research report on Monday, December 8th. Five research analysts have rated the stock with a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Reduce” and an average target price of $6.25.

Key Headlines Impacting TriplePoint Venture Growth BDC

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

• Positive Sentiment: Multiple insider buys by CEO James Labe — four tranches (Dec. 22, 23, 24, 26) totaling ~117,166 shares at roughly $6.29–$6.30, increasing his holdings to ~1.71M shares. Management buying this size of stake typically supports the stock. SEC Filing — James Labe Form 4
• Positive Sentiment: Senior insider Sajal Srivastava made the same pattern of buys (Dec. 22, 23, 24, 26) totaling ~117,166 shares at ~ $6.29–$6.30, raising his stake to ~1.71M shares — concurrent insider buying by multiple executives is a strong confidence signal. SEC Filing — Sajal Srivastava Form 4
• Neutral Sentiment: Company declared a quarterly dividend of $0.23 (annualized $0.92) — a high yield attracts income investors but also invites scrutiny of sustainability. Dividend & Insider Summary
• Neutral Sentiment: Some modest institutional activity noted (new and increased stakes by several small firms); institutional ownership remains relatively low (~12.8%), so large fund flows are unlikely near-term. Institutional Ownership Details
• Negative Sentiment: Recent quarterly results missed estimates — $0.26 EPS vs. $0.29 expected and revenue of $22.7M vs. $24.2M expected. Earnings misses can pressure sentiment and give analysts reason to cut targets. Earnings Report
• Negative Sentiment: Dividend payout ratio is above 100% (reported ~108%), raising questions about dividend sustainability and possible future cuts if earnings/realized gains don’t cover distributions. Dividend Coverage Info
• Negative Sentiment: Analyst coverage is mixed-to-weak: several recent downgrades/price-target cuts and an average consensus near ~$6.25; rating mix is mostly Hold/Reduce with some Sell opinions, which limits upside from analyst-driven flows. Analyst Notes

Institutional Investors Weigh In On TriplePoint Venture Growth BDC

Several institutional investors and hedge funds have recently modified their holdings of TPVG. Nomura Asset Management Co. Ltd. purchased a new position in shares of TriplePoint Venture Growth BDC during the second quarter valued at about $26,000. Quarry LP boosted its position in TriplePoint Venture Growth BDC by 53.6% during the 1st quarter. Quarry LP now owns 4,669 shares of the investment management company’s stock valued at $33,000 after acquiring an additional 1,629 shares in the last quarter. Advisory Services Network LLC purchased a new position in shares of TriplePoint Venture Growth BDC during the 3rd quarter worth approximately $33,000. Northwestern Mutual Wealth Management Co. purchased a new position in shares of TriplePoint Venture Growth BDC during the 2nd quarter worth approximately $35,000. Finally, HighTower Advisors LLC bought a new position in shares of TriplePoint Venture Growth BDC in the 1st quarter worth approximately $72,000. 12.77% of the stock is owned by hedge funds and other institutional investors.

TriplePoint Venture Growth BDC Company Profile

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.