TriplePoint Venture Growth BDC (NYSE:TPVG) Price Target Lowered to $5.50 at Keefe, Bruyette & Woods

TriplePoint Venture Growth BDC (NYSE:TPVG) had its price target decreased by equities researchers at Keefe, Bruyette & Woods from $6.00 to $5.50 in a research report issued on Thursday,Benzinga reports. The brokerage currently has a “market perform” rating on the investment management company’s stock. Keefe, Bruyette & Woods’ price target indicates a potential upside of 12.02% from the stock’s current price.

Several other equities research analysts have also recently weighed in on TPVG. Zacks Research upgraded shares of TriplePoint Venture Growth BDC from a “strong sell” rating to a “hold” rating in a research report on Friday, May 15th. Weiss Ratings reiterated a “sell (d+)” rating on shares of TriplePoint Venture Growth BDC in a report on Tuesday, June 9th. Finally, Piper Sandler dropped their target price on shares of TriplePoint Venture Growth BDC from $5.50 to $5.00 and set a “neutral” rating on the stock in a research report on Monday, July 13th. Four equities research analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Reduce” and an average target price of $5.25.

TriplePoint Venture Growth BDC Stock Up 6.3%

NYSE TPVG opened at $4.91 on Thursday. The company has a market capitalization of $199.35 million, a price-to-earnings ratio of 4.62 and a beta of 1.28. TriplePoint Venture Growth BDC has a twelve month low of $4.39 and a twelve month high of $6.95. The stock has a fifty day simple moving average of $4.93 and a 200 day simple moving average of $5.30.

TriplePoint Venture Growth BDC (NYSE:TPVG) last issued its quarterly earnings results on Wednesday, August 5th. The investment management company reported $0.21 earnings per share for the quarter, missing the consensus estimate of $0.24 by ($0.03). The company had revenue of $24.48 million during the quarter, compared to analyst estimates of $22.88 million. TriplePoint Venture Growth BDC had a net margin of 46.77% and a return on equity of 11.54%. Research analysts expect that TriplePoint Venture Growth BDC will post 0.95 earnings per share for the current fiscal year.

Institutional Trading of TriplePoint Venture Growth BDC

A number of hedge funds and other institutional investors have recently modified their holdings of TPVG. CANADA LIFE ASSURANCE Co increased its position in shares of TriplePoint Venture Growth BDC by 4.4% during the fourth quarter. CANADA LIFE ASSURANCE Co now owns 53,793 shares of the investment management company’s stock worth $351,000 after acquiring an additional 2,278 shares during the period. Bay Colony Advisory Group Inc d b a Bay Colony Advisors boosted its holdings in TriplePoint Venture Growth BDC by 19.9% in the second quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 14,659 shares of the investment management company’s stock valued at $72,000 after purchasing an additional 2,435 shares during the period. 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 worth $131,000 after purchasing an additional 2,800 shares in the last quarter. O Shaughnessy Asset Management LLC grew its stake in TriplePoint Venture Growth BDC by 13.8% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 24,152 shares of the investment management company’s stock worth $158,000 after purchasing an additional 2,921 shares in the last quarter. Finally, Rockefeller Capital Management L.P. increased its holdings in TriplePoint Venture Growth BDC by 75.0% during the 4th quarter. Rockefeller Capital Management L.P. now owns 7,000 shares of the investment management company’s stock worth $46,000 after purchasing an additional 3,000 shares during the period. 12.77% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting TriplePoint Venture Growth BDC

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

• Positive Sentiment: TriplePoint reported $22.1 million of total investment and other income, $10.7 million of net income, and net investment income of $8.3 million, or $0.21 per share. It funded $47.8 million of debt investments across 10 portfolio companies, broadly consistent with management’s $25 million–$50 million quarterly funding target. TPVG Reports $10.7 Million Net Increase for Q2 2026
• Positive Sentiment: The board declared a $0.23-per-share regular third-quarter distribution plus $0.12 per share in supplemental distributions. The company also authorized a $12.5 million, 12-month stock repurchase program, which could support shareholder returns. TPVG Funding Target and Supplemental Dividend
• Positive Sentiment: Net asset value was $8.67 per share at June 30, substantially above the stock’s recent trading level, while liquidity totaled $119.8 million. TriplePoint also recorded a $12.8 million realized gain from the secondary sale of Revolut equity shares.
• Neutral Sentiment: Gross and net leverage ended the quarter at 1.26x and 1.22x, respectively, indicating meaningful borrowing but manageable liquidity based on the reported quarter-end figures.
• Negative Sentiment: Quarterly EPS of $0.21 missed the $0.24 consensus estimate and declined from $0.28 a year earlier. Revenue of $24.48 million exceeded the $22.88 million estimate, but the earnings miss may weigh on sentiment. TriplePoint Venture Growth Misses Q2 Earnings Estimates

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.