TriplePoint Venture Growth BDC (NYSE:TPVG) Stock Price Target Lowered at Keefe, Bruyette & Woods

TriplePoint Venture Growth BDC (NYSE:TPVG – Free Report) had its target price cut by Keefe, Bruyette & Woods from $5.50 to $5.00 in a research note published on Thursday morning,Benzinga reports. They currently have a market perform rating on the investment management company’s stock.

Several other research analysts also recently weighed in on TPVG. Weiss Ratings downgraded shares of TriplePoint Venture Growth BDC from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday, October 8th. Piper Sandler reduced their price objective on shares of TriplePoint Venture Growth BDC from $5.50 to $5.00 and set a “neutral” rating for the company in a report on Monday, July 13th. Three research analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, TriplePoint Venture Growth BDC presently has a consensus rating of “Reduce” and an average price target of $5.00.

Read Our Latest Research Report on TriplePoint Venture Growth BDC

TriplePoint Venture Growth BDC Stock Down 4.6%

Shares of NYSE:TPVG opened at $4.46 on Thursday. TriplePoint Venture Growth BDC has a twelve month low of $4.11 and a twelve month high of $6.95. The stock’s 50 day moving average is $4.80 and its 200-day moving average is $5.17. The firm has a market capitalization of $181.36 million, a price-to-earnings ratio of 5.49 and a beta of 1.35.

TriplePoint Venture Growth BDC (NYSE:TPVG – Get Free Report) last posted its quarterly earnings results on Wednesday, November 4th. The investment management company reported $0.16 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.22 by ($0.06). The business had revenue of $20.17 million during the quarter, compared to analyst estimates of $22.18 million. TriplePoint Venture Growth BDC had a net margin of 26.50% and a return on equity of 9.64%. Equities research analysts anticipate that TriplePoint Venture Growth BDC will post 0.89 earnings per share for the current fiscal year.

Insider Activity at TriplePoint Venture Growth BDC

In related news, CEO James Labe bought 313,865 shares of the business’s stock in a transaction that occurred on Friday, September 18th. The shares were bought at an average price of $4.71 per share, with a total value of $1,478,304.15. Following the completion of the transaction, the chief executive officer directly owned 2,312,354 shares in the company, valued at approximately $10,891,187.34. This represents a 15.71% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Sajal Srivastava sold 313,865 shares of the company’s stock in a transaction on Friday, September 18th. The stock was sold at an average price of $4.71, for a total value of $1,478,304.15. The disclosure for this sale is available in the SEC filing. Corporate insiders own 1.55% of the company’s stock.

Hedge Funds Weigh In On TriplePoint Venture Growth BDC

Large investors have recently bought and sold shares of the stock. Ritholtz Wealth Management bought a new position in shares of TriplePoint Venture Growth BDC during the third quarter valued at about $640,000. D Orazio & Associates Inc. purchased a new position in TriplePoint Venture Growth BDC during the third quarter worth about $134,000. StoneX Group Inc. purchased a new position in TriplePoint Venture Growth BDC during the third quarter worth about $59,000. Kestra Advisory Services LLC purchased a new position in TriplePoint Venture Growth BDC during the third quarter worth about $64,000. Finally, Arlington Capital Management INC bought a new stake in TriplePoint Venture Growth BDC in the 3rd quarter worth about $245,000. 12.77% of the stock is currently owned by institutional investors.

TriplePoint Venture Growth BDC News Summary

Here are the key news stories impacting TriplePoint Venture Growth BDC this week:

  • Positive Sentiment: Management expects quarterly fundings of $25 million to $50 million going forward and extended its incentive-fee waiver through 2027. The funding outlook may support future portfolio growth, while the waiver could help preserve returns for shareholders. Article: TPVG funding outlook and incentive fee waiver
  • Neutral Sentiment: Keefe, Bruyette & Woods lowered its price target from $5.50 to $5.00 and maintained a “market perform” rating. The new target still implies 12.2% upside from the cited $4.46 price, but the reduction signals a more cautious valuation outlook. Article: Keefe, Bruyette & Woods ratings
  • Negative Sentiment: TPVG reported third-quarter 2026 earnings of $0.16 per share, below the $0.22 analyst consensus and down from $0.26 a year earlier. Revenue of $20.17 million also missed estimates of $22.18 million. The earnings and revenue misses are the clearest near-term downside catalysts. Article: TPVG Q3 earnings and revenue miss

About TriplePoint Venture Growth BDC

(Get Free Report)

TriplePoint Venture Growth BDC Corp. is a business development company that provides financing to venture growth-stage companies. The company primarily invests in businesses backed by venture capital or private equity sponsors, with an emphasis on companies that have developed products or services and are seeking capital to support expansion, acquisitions, working capital and other corporate purposes.

Its investment portfolio is focused largely on companies in technology, life sciences and other high-growth industries.

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