Sajal Srivastava Purchases 26,900 Shares of TriplePoint Venture Growth BDC (NYSE:TPVG) Stock

TriplePoint Venture Growth BDC Corp. (NYSE:TPVGGet Free Report) insider Sajal Srivastava purchased 26,900 shares of the stock in a transaction dated Monday, December 22nd. The shares were acquired at an average price of $6.29 per share, with a total value of $169,201.00. Following the transaction, the insider owned 1,621,878 shares in the company, valued at $10,201,612.62. This trade represents a 1.69% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Sajal Srivastava also recently made the following trade(s):

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

TriplePoint Venture Growth BDC Price Performance

TriplePoint Venture Growth BDC stock opened at $6.44 on Wednesday. The firm has a market capitalization of $260.01 million, a price-to-earnings ratio of 7.57 and a beta of 1.35. The company’s 50 day simple moving average is $6.13 and its 200 day simple moving average is $6.36. TriplePoint Venture Growth BDC Corp. has a fifty-two week low of $5.24 and a fifty-two week high of $8.20.

TriplePoint Venture Growth BDC (NYSE:TPVGGet Free Report) last posted its 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). The firm had revenue of $22.66 million during the quarter, compared to analyst estimates of $24.22 million. TriplePoint Venture Growth BDC had a return on equity of 12.88% and a net margin of 36.02%. As a group, analysts predict that TriplePoint Venture Growth BDC Corp. will post 1.4 EPS for the current fiscal year.

TriplePoint Venture Growth BDC Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 30th. Investors of record on Tuesday, December 16th were paid a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a 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 presently 108.24%.

Key Stores 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

Hedge Funds Weigh In On TriplePoint Venture Growth BDC

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

Analyst Upgrades and Downgrades

Several brokerages have issued reports on TPVG. Piper Sandler lowered their price target on TriplePoint Venture Growth BDC from $7.00 to $6.00 and set a “neutral” rating for the company in a report on Thursday, October 9th. Weiss Ratings reissued a “sell (d+)” rating on shares of TriplePoint Venture Growth BDC in a research note on Monday. UBS Group dropped their target price on shares of TriplePoint Venture Growth BDC from $6.50 to $5.50 and set a “neutral” rating on the stock in a report on Tuesday, October 14th. 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. Finally, Zacks Research raised shares of TriplePoint Venture Growth BDC from a “strong sell” rating to a “hold” rating in a research report on Monday, December 8th. Five investment analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, TriplePoint Venture Growth BDC has a consensus rating of “Reduce” and an average price target of $6.25.

Check Out Our Latest Analysis on TriplePoint Venture Growth BDC

TriplePoint Venture Growth BDC Company Profile

(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.

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