James Labe Buys 27,410 Shares of TriplePoint Venture Growth BDC (NYSE:TPVG) Stock

TriplePoint Venture Growth BDC Corp. (NYSE:TPVGGet Free Report) CEO James Labe purchased 27,410 shares of the business’s stock in a transaction on Monday, December 29th. The shares were bought at an average price of $6.34 per share, for a total transaction of $173,779.40. Following the purchase, the chief executive officer directly owned 1,739,554 shares in the company, valued at $11,028,772.36. This represents a 1.60% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

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

  • On Tuesday, December 30th, James Labe acquired 25,000 shares of TriplePoint Venture Growth BDC stock. The shares were bought at an average cost of $6.45 per share, for a total transaction of $161,250.00.
  • On Friday, December 26th, James Labe bought 31,600 shares of TriplePoint Venture Growth BDC stock. The stock was purchased at an average cost of $6.30 per share, for a total transaction of $199,080.00.
  • On Wednesday, December 24th, James Labe purchased 26,756 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 $168,562.80.
  • On Tuesday, December 23rd, James Labe acquired 31,910 shares of TriplePoint Venture Growth BDC stock. The stock was purchased at an average cost of $6.29 per share, for a total transaction of $200,713.90.
  • On Monday, December 22nd, James Labe bought 26,900 shares of TriplePoint Venture Growth BDC stock. The shares were purchased at an average cost of $6.29 per share, with a total value of $169,201.00.
  • On Friday, December 19th, James Labe acquired 29,000 shares of TriplePoint Venture Growth BDC stock. The stock was acquired at an average cost of $6.25 per share, for a total transaction of $181,250.00.
  • On Thursday, December 18th, James Labe acquired 25,000 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 $157,500.00.
  • On Wednesday, December 17th, James Labe bought 27,900 shares of TriplePoint Venture Growth BDC stock. The shares were acquired at an average cost of $6.19 per share, with a total value of $172,701.00.
  • On Tuesday, December 16th, James Labe purchased 39,044 shares of TriplePoint Venture Growth BDC stock. The stock was acquired at an average cost of $6.18 per share, for a total transaction of $241,291.92.
  • On Monday, December 15th, James Labe purchased 30,000 shares of TriplePoint Venture Growth BDC stock. The shares were bought at an average cost of $6.46 per share, for a total transaction of $193,800.00.

TriplePoint Venture Growth BDC Trading Up 2.4%

Shares of NYSE TPVG traded up $0.15 during trading on Wednesday, reaching $6.57. 217,527 shares of the company traded hands, compared to its average volume of 333,639. The stock has a market cap of $265.59 million, a P/E ratio of 7.74 and a beta of 1.35. The firm’s fifty day simple moving average is $6.13 and its 200 day simple moving average is $6.36. TriplePoint Venture Growth BDC Corp. has a 12-month low of $5.24 and a 12-month high of $8.20.

TriplePoint Venture Growth BDC (NYSE:TPVGGet Free Report) last announced its quarterly earnings results on Wednesday, November 5th. The investment management company reported $0.26 earnings per share for the quarter, missing the consensus estimate 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 analysts’ expectations of $24.22 million. As a group, research analysts expect that TriplePoint Venture Growth BDC Corp. will post 1.4 EPS for the current year.

TriplePoint Venture Growth BDC Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 30th. Shareholders of record on Tuesday, December 16th were issued a $0.23 dividend. This represents a $0.92 annualized dividend and a yield of 14.0%. The ex-dividend date of this dividend was Tuesday, December 16th. TriplePoint Venture Growth BDC’s dividend payout ratio (DPR) is presently 108.24%.

Institutional Investors Weigh In On TriplePoint Venture Growth BDC

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Nomura Asset Management Co. Ltd. purchased a new position in shares of 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 valued at $33,000 after buying an additional 1,629 shares in the last quarter. Advisory Services Network LLC purchased a new stake in shares of TriplePoint Venture Growth BDC in the 3rd quarter valued at $33,000. Northwestern Mutual Wealth Management Co. purchased a new stake in shares of TriplePoint Venture Growth BDC in the 2nd quarter valued at $35,000. Finally, HighTower Advisors LLC purchased a new position in TriplePoint Venture Growth BDC during the 1st quarter valued at about $72,000. Institutional investors and hedge funds own 12.77% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on TPVG shares. Piper Sandler decreased 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. Wall Street Zen raised shares of TriplePoint Venture Growth BDC from a “sell” rating to a “hold” rating in a report on Saturday, December 6th. 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. UBS Group cut their target price on shares of TriplePoint Venture Growth BDC from $6.50 to $5.50 and set a “neutral” rating for the company in a research note on Tuesday, October 14th. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of TriplePoint Venture Growth BDC in a research note on Monday. Five investment analysts have rated the stock with a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Reduce” and an average target price of $6.25.

View Our Latest Analysis on TPVG

TriplePoint Venture Growth BDC News Summary

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

About TriplePoint Venture Growth BDC

(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)

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