TriplePoint Venture Growth BDC Corp. (NYSE:TPVG – Get Free Report) insider Sajal Srivastava acquired 34,000 shares of the stock in a transaction dated Tuesday, January 6th. The shares were bought at an average price of $6.61 per share, with a total value of $224,740.00. Following the completion of the purchase, the insider directly owned 1,910,980 shares of the company’s stock, valued at approximately $12,631,577.80. This trade represents a 1.81% increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at this link.
Sajal Srivastava also recently made the following trade(s):
- On Monday, January 5th, Sajal Srivastava bought 40,000 shares of TriplePoint Venture Growth BDC stock. The stock was purchased at an average price of $6.70 per share, with a total value of $268,000.00.
- On Friday, January 2nd, Sajal Srivastava purchased 27,153 shares of TriplePoint Venture Growth BDC stock. The shares were purchased at an average cost of $6.60 per share, with a total value of $179,209.80.
- On Wednesday, December 31st, Sajal Srivastava acquired 30,459 shares of TriplePoint Venture Growth BDC stock. The stock was purchased at an average cost of $6.55 per share, for a total transaction of $199,506.45.
- On Tuesday, December 30th, Sajal Srivastava acquired 25,000 shares of TriplePoint Venture Growth BDC stock. The stock was purchased at an average price of $6.45 per share, with a total value of $161,250.00.
- On Monday, December 29th, Sajal Srivastava bought 27,410 shares of TriplePoint Venture Growth BDC stock. The stock was purchased at an average price of $6.34 per share, for a total transaction of $173,779.40.
- On Friday, December 26th, Sajal Srivastava purchased 31,600 shares of TriplePoint Venture Growth BDC stock. The stock was acquired at an average price of $6.30 per share, for a total transaction of $199,080.00.
- On Wednesday, December 24th, Sajal Srivastava purchased 26,756 shares of TriplePoint Venture Growth BDC stock. The shares were acquired at an average cost of $6.30 per share, with a total value of $168,562.80.
- On Tuesday, December 23rd, Sajal Srivastava acquired 31,910 shares of TriplePoint Venture Growth BDC stock. The stock was acquired at an average cost of $6.29 per share, for a total transaction of $200,713.90.
- On Monday, December 22nd, Sajal Srivastava acquired 26,900 shares of TriplePoint Venture Growth BDC stock. The stock was acquired at an average price of $6.29 per share, for a total transaction of $169,201.00.
- On Friday, December 19th, Sajal Srivastava bought 29,000 shares of TriplePoint Venture Growth BDC stock. The shares were acquired at an average cost of $6.25 per share, with a total value of $181,250.00.
TriplePoint Venture Growth BDC Price Performance
NYSE TPVG opened at $6.55 on Friday. TriplePoint Venture Growth BDC Corp. has a 1 year low of $5.24 and a 1 year high of $8.20. The company has a market capitalization of $264.42 million, a PE ratio of 7.70 and a beta of 1.35. The company has a fifty day moving average of $6.26 and a 200 day moving average of $6.36.
TriplePoint Venture Growth BDC Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Tuesday, December 30th. Investors of record on Tuesday, December 16th were given a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a yield of 14.1%. The ex-dividend date was Tuesday, December 16th. TriplePoint Venture Growth BDC’s dividend payout ratio (DPR) is currently 108.24%.
Hedge Funds Weigh In On TriplePoint Venture Growth BDC
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Two Sigma Investments LP grew its position in shares of TriplePoint Venture Growth BDC by 58.6% in the third quarter. Two Sigma Investments LP now owns 612,727 shares of the investment management company’s stock valued at $3,535,000 after purchasing an additional 226,479 shares during the period. Marshall Wace LLP lifted its stake in TriplePoint Venture Growth BDC by 44.9% in the 2nd quarter. Marshall Wace LLP now owns 529,201 shares of the investment management company’s stock valued at $3,710,000 after buying an additional 163,916 shares in the last quarter. Legal & General Group Plc lifted its stake in TriplePoint Venture Growth BDC by 4.5% in the 2nd quarter. Legal & General Group Plc now owns 276,451 shares of the investment management company’s stock valued at $1,935,000 after buying an additional 11,965 shares in the last quarter. Samalin Investment Counsel LLC boosted its holdings in TriplePoint Venture Growth BDC by 13.1% in the 2nd quarter. Samalin Investment Counsel LLC now owns 92,636 shares of the investment management company’s stock worth $649,000 after buying an additional 10,730 shares during the last quarter. Finally, Jane Street Group LLC increased its stake in TriplePoint Venture Growth BDC by 7.3% during the 2nd quarter. Jane Street Group LLC now owns 72,663 shares of the investment management company’s stock worth $509,000 after buying an additional 4,970 shares in the last quarter. 12.77% of the stock is owned by hedge funds and other institutional investors.
Trending Headlines about TriplePoint Venture Growth BDC
Here are the key news stories impacting TriplePoint Venture Growth BDC this week:
- Positive Sentiment: Senior insiders (CEO James Labe and Sajal Srivastava) bought large blocks of stock on Jan 5–6 at about $6.61–$6.70, increasing their stakes by roughly 1.8–2.2% each — a direct signal of management confidence around current price levels. SEC Filing – James Labe SEC Filing – Sajal Srivastava
- Neutral Sentiment: Multiple outlets (InsiderTrades, AmericanBankingNews, MarketBeat) have amplified the SEC disclosures, raising visibility for the insider buys but adding no new material facts beyond the filings. InsiderTrades – Insider Buying
- Negative Sentiment: A deep-dive (Seeking Alpha) warns TPVG’s ~14% headline yield may be unsustainable: low ROAA, PIK interest representing ~21% of investment income (creating taxable “phantom” income), concentrated pre-EBITDA lending with binary downside, and heightened default/dividend-cut risk — factors that could cap upside and pressure the stock. Seeking Alpha – Yield May Be Heading For Another Cut
Analysts Set New Price Targets
A number of equities research analysts have recently commented on the stock. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of TriplePoint Venture Growth BDC in a research note on Monday, December 29th. UBS Group dropped their price target on shares of TriplePoint Venture Growth BDC from $6.50 to $5.50 and set a “neutral” rating on the stock in a research report on Tuesday, October 14th. 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 raised shares of TriplePoint Venture Growth BDC from a “sell” rating to a “hold” rating in a research note on Saturday, December 6th. Finally, Piper Sandler dropped their target price on TriplePoint Venture Growth BDC from $7.00 to $6.00 and set a “neutral” rating on the stock in a research report on Thursday, October 9th. Five equities research analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Reduce” and an average target price of $6.25.
Check Out Our Latest Analysis on TriplePoint Venture Growth BDC
About TriplePoint Venture Growth BDC
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.
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