Trinity Capital (NASDAQ:TRIN – Get Free Report) had its price objective increased by analysts at Keefe, Bruyette & Woods from $16.50 to $18.00 in a note issued to investors on Thursday, Benzinga reports. The brokerage presently has a “market perform” rating on the stock. Keefe, Bruyette & Woods‘s price objective would indicate a potential upside of 3.05% from the stock’s previous close.
Separately, Wells Fargo & Company raised their price target on shares of Trinity Capital from $15.00 to $16.00 and gave the stock an “underweight” rating in a research note on Thursday. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Trinity Capital currently has an average rating of “Moderate Buy” and an average target price of $17.10.
Check Out Our Latest Report on Trinity Capital
Trinity Capital Stock Performance
Shares of TRIN traded down $0.47 during trading hours on Thursday, hitting $17.47. 804,755 shares of the stock were exchanged, compared to its average volume of 1,125,112. Trinity Capital has a 12-month low of $14.13 and a 12-month high of $18.90. The company has a market cap of $1.65 billion, a price-to-earnings ratio of 9.24 and a beta of 0.66. The stock’s 50-day moving average price is $17.44 and its two-hundred day moving average price is $16.71.
Trinity Capital (NASDAQ:TRIN – Get Free Report) last posted its quarterly earnings data on Wednesday, August 5th. The company reported $0.51 EPS for the quarter, missing the consensus estimate of $0.52 by ($0.01). The firm had revenue of $87.17 million during the quarter, compared to analyst estimates of $91.44 million. Trinity Capital had a net margin of 43.45% and a return on equity of 14.94%. On average, research analysts expect that Trinity Capital will post 2.10 earnings per share for the current year.
Insider Activity at Trinity Capital
In related news, CEO Kyle Brown purchased 2,296 shares of Trinity Capital stock in a transaction dated Friday, August 7th. The shares were acquired at an average price of $18.04 per share, for a total transaction of $41,419.84. Following the acquisition, the chief executive officer directly owned 612,262 shares in the company, valued at approximately $11,045,206.48. The trade was a 0.38% 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. 4.25% of the stock is currently owned by corporate insiders.
Institutional Investors Weigh In On Trinity Capital
Hedge funds have recently modified their holdings of the company. Van ECK Associates Corp lifted its stake in Trinity Capital by 39.3% during the second quarter. Van ECK Associates Corp now owns 2,153,437 shares of the company’s stock worth $38,525,000 after purchasing an additional 607,988 shares in the last quarter. Melia Wealth LLC purchased a new stake in shares of Trinity Capital in the 2nd quarter valued at $24,221,000. Sound Income Strategies LLC lifted its stake in Trinity Capital by 9.4% during the 2nd quarter. Sound Income Strategies LLC now owns 1,269,744 shares of the company’s stock worth $22,716,000 after acquiring an additional 109,291 shares in the last quarter. Hennion & Walsh Asset Management Inc. boosted its holdings in Trinity Capital by 2.2% during the 2nd quarter. Hennion & Walsh Asset Management Inc. now owns 346,192 shares of the company’s stock valued at $6,193,000 after acquiring an additional 7,314 shares during the period. Finally, BlackRock Inc. purchased a new position in Trinity Capital during the 2nd quarter valued at about $5,134,000. Hedge funds and other institutional investors own 24.62% of the company’s stock.
Key Stories Impacting Trinity Capital
Here are the key news stories impacting Trinity Capital this week:
- Positive Sentiment: Third-quarter earnings were $0.52 per share, in line with consensus. Net investment income reached a record $49.9 million, up 34.9% year over year, while total investment income rose 30.2% to $98.4 million. Return on average equity was 15.5%, and net asset value per share increased to $13.61—results that may have supported investor sentiment. Trinity Capital Reports Third Quarter 2026 Financial Results Trinity Capital Shares Rise Following Q3 Financial Results
- Positive Sentiment: Trinity outlined up to $500 million in capacity for its Desert Star joint venture as its managed-funds platform nears $1 billion. The additional platform capacity could support future investment and growth, though it does not guarantee immediate earnings. Trinity Capital outlines $500M Desert Star JV capacity
- Negative Sentiment: Wells Fargo raised its price target from $15 to $16 but maintained an “underweight” rating. The target implies 8.2% downside from the cited $17.43 share price, potentially tempering the positive reaction to results. Wells Fargo rating information
Trinity Capital Company Profile
Trinity Capital Inc (NASDAQ:TRIN) is a business development company that provides debt financing to venture capital- and private equity-backed companies. The company focuses primarily on growth-stage businesses that may require capital to support expansion, product development, acquisitions, working capital and other corporate needs.
Through its investment platform, Trinity Capital offers a range of financing solutions, including secured loans, equipment financing, growth capital and other customized debt structures.
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