TriplePoint Venture Growth BDC Corp. (NYSE:TPVG) Receives Average Recommendation of “Reduce” from Analysts

Shares of TriplePoint Venture Growth BDC Corp. (NYSE:TPVG) have received an average recommendation of “Reduce” from the seven brokerages that are currently covering the firm, MarketBeat.com reports. Two investment analysts have rated the stock with a sell recommendation and five have assigned a hold recommendation to the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is $6.25.

Several equities research analysts have recently issued reports on the stock. Weiss Ratings reissued a “sell (d+)” rating on shares of TriplePoint Venture Growth BDC in a research note on Monday. Zacks Research raised TriplePoint Venture Growth BDC from a “strong sell” rating to a “hold” rating in a report on Monday, December 8th. UBS Group lowered their price target on 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. Piper Sandler cut their price objective on TriplePoint Venture Growth BDC from $7.00 to $6.00 and set a “neutral” rating for the company in a research report on Thursday, October 9th. Finally, Wall Street Zen raised TriplePoint Venture Growth BDC from a “sell” rating to a “hold” rating in a research note on Saturday, December 6th.

TriplePoint Venture Growth BDC News Summary

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

Insider Buying and Selling at TriplePoint Venture Growth BDC

In related news, CEO James Labe bought 50,000 shares of the company’s stock in a transaction dated Wednesday, November 12th. The shares were acquired at an average price of $5.95 per share, for a total transaction of $297,500.00. Following the completion of the transaction, the chief executive officer directly owned 717,352 shares in the company, valued at $4,268,244.40. This trade represents a 7.49% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Sajal Srivastava bought 50,000 shares of the business’s stock in a transaction dated Wednesday, November 19th. The shares were bought at an average cost of $6.19 per share, with a total value of $309,500.00. Following the purchase, the insider directly owned 886,139 shares of the company’s stock, valued at approximately $5,485,200.41. This represents a 5.98% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Over the last ninety days, insiders have acquired 1,773,872 shares of company stock worth $11,187,956. Insiders own 1.46% of the company’s stock.

Institutional Investors Weigh In On TriplePoint Venture Growth BDC

Several large investors have recently bought and sold shares of the company. Quarry LP boosted 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 acquiring an additional 1,629 shares during the last quarter. PharVision Advisers LLC lifted its holdings in TriplePoint Venture Growth BDC by 15.7% in the 1st quarter. PharVision Advisers LLC now owns 13,193 shares of the investment management company’s stock valued at $92,000 after purchasing an additional 1,789 shares in the last quarter. Kovack Advisors Inc. boosted its stake in TriplePoint Venture Growth BDC by 4.4% during the 3rd quarter. Kovack Advisors Inc. now owns 52,519 shares of the investment management company’s stock worth $303,000 after purchasing an additional 2,200 shares during the last quarter. U.S. Capital Wealth Advisors LLC boosted its position in TriplePoint Venture Growth BDC by 6.4% during the third quarter. U.S. Capital Wealth Advisors LLC now owns 42,980 shares of the investment management company’s stock worth $248,000 after acquiring an additional 2,600 shares during the last quarter. Finally, Verition Fund Management LLC grew its stake in TriplePoint Venture Growth BDC by 14.1% during the 3rd quarter. Verition Fund Management LLC now owns 22,677 shares of the investment management company’s stock valued at $131,000 after acquiring an additional 2,800 shares in the last quarter. 12.77% of the stock is currently owned by hedge funds and other institutional investors.

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 price-to-earnings ratio of 7.57 and a beta of 1.35. The firm’s 50 day simple moving average is $6.13 and its 200-day simple moving average is $6.36. TriplePoint Venture Growth BDC has a 12 month low of $5.24 and a 12 month high of $8.20.

TriplePoint Venture Growth BDC (NYSE:TPVG) last announced its quarterly earnings results 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). The firm had revenue of $22.66 million for the quarter, compared to analysts’ expectations of $24.22 million. TriplePoint Venture Growth BDC had a return on equity of 12.88% and a net margin of 36.02%. Analysts anticipate that TriplePoint Venture Growth BDC 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. Shareholders of record on Tuesday, December 16th were given a dividend of $0.23 per share. The ex-dividend date was Tuesday, December 16th. This represents a $0.92 dividend on an annualized basis and a yield of 14.3%. TriplePoint Venture Growth BDC’s dividend payout ratio is currently 108.24%.

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.