James Labe Purchases 40,000 Shares of TriplePoint Venture Growth BDC (NYSE:TPVG) Stock

TriplePoint Venture Growth BDC Corp. (NYSE:TPVG) CEO James Labe purchased 40,000 shares of the stock in a transaction dated Monday, January 5th. The stock was acquired at an average price of $6.70 per share, for a total transaction of $268,000.00. Following the completion of the transaction, the chief executive officer directly owned 1,876,980 shares of the company’s stock, valued at approximately $12,575,766. The trade was a 2.18% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

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

• On Tuesday, January 6th, James Labe bought 34,000 shares of TriplePoint Venture Growth BDC stock. The stock was bought at an average cost of $6.61 per share, for a total transaction of $224,740.00.
• On Friday, January 2nd, James Labe purchased 27,153 shares of TriplePoint Venture Growth BDC stock. The shares were bought at an average cost of $6.60 per share, with a total value of $179,209.80.
• On Wednesday, December 31st, James Labe purchased 30,459 shares of TriplePoint Venture Growth BDC stock. The stock was bought at an average cost of $6.55 per share, with a total value of $199,506.45.
• On Tuesday, December 30th, James Labe acquired 25,000 shares of TriplePoint Venture Growth BDC stock. The stock was bought at an average price of $6.45 per share, for a total transaction of $161,250.00.
• On Monday, December 29th, James Labe acquired 27,410 shares of TriplePoint Venture Growth BDC stock. The shares were bought at an average cost of $6.34 per share, for a total transaction of $173,779.40.
• 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, with a total value of $199,080.00.
• On Wednesday, December 24th, James Labe bought 26,756 shares of TriplePoint Venture Growth BDC stock. The stock was purchased at an average price of $6.30 per share, for a total transaction of $168,562.80.
• On Tuesday, December 23rd, James Labe purchased 31,910 shares of TriplePoint Venture Growth BDC stock. The shares were purchased at an average cost of $6.29 per share, for a total transaction of $200,713.90.
• On Monday, December 22nd, James Labe purchased 26,900 shares of TriplePoint Venture Growth BDC stock. The shares were purchased at an average price 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 shares were purchased at an average cost of $6.25 per share, for a total transaction of $181,250.00.

TriplePoint Venture Growth BDC Stock Performance

Shares of NYSE TPVG opened at $6.55 on Friday. The firm has a market cap of $264.42 million, a P/E ratio of 7.70 and a beta of 1.35. TriplePoint Venture Growth BDC Corp. has a 1 year low of $5.24 and a 1 year high of $8.20. The firm’s 50 day moving average price is $6.26 and its 200 day moving average price is $6.36.

TriplePoint Venture Growth BDC (NYSE:TPVG) last issued its quarterly earnings results on Wednesday, November 5th. The investment management company reported $0.26 earnings per share for the quarter, missing analysts’ consensus estimates of $0.29 by ($0.03). TriplePoint Venture Growth BDC had a return on equity of 12.88% and a net margin of 36.02%.The business had revenue of $22.66 million for the quarter, compared to analysts’ expectations of $24.22 million. As a group, equities analysts predict that TriplePoint Venture Growth BDC Corp. will post 1.4 EPS for the current year.

TriplePoint Venture Growth BDC Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 30th. Stockholders of record on Tuesday, December 16th were issued a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a dividend yield of 14.1%. The ex-dividend date was Tuesday, December 16th. TriplePoint Venture Growth BDC’s dividend payout ratio is presently 108.24%.

More TriplePoint Venture Growth BDC News

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

• Positive Sentiment: Senior insiders (CEO James Labe and Sajal Srivastava) bought large blocks of stock on Jan 5–6 at about $6.61–$6.70, increasing their stakes by roughly 1.8–2.2% each — a direct signal of management confidence around current price levels. SEC Filing – James Labe SEC Filing – Sajal Srivastava
• Neutral Sentiment: Multiple outlets (InsiderTrades, AmericanBankingNews, MarketBeat) have amplified the SEC disclosures, raising visibility for the insider buys but adding no new material facts beyond the filings. InsiderTrades – Insider Buying
• Negative Sentiment: A deep-dive (Seeking Alpha) warns TPVG’s ~14% headline yield may be unsustainable: low ROAA, PIK interest representing ~21% of investment income (creating taxable “phantom” income), concentrated pre-EBITDA lending with binary downside, and heightened default/dividend-cut risk — factors that could cap upside and pressure the stock. Seeking Alpha – Yield May Be Heading For Another Cut

Analyst Ratings Changes

A number of equities analysts have weighed in on TPVG shares. 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. Piper Sandler cut 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. Weiss Ratings reissued a “sell (d+)” rating on shares of TriplePoint Venture Growth BDC in a research report on Monday, December 29th. UBS Group cut their price objective on 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. Finally, Zacks Research raised TriplePoint Venture Growth BDC from a “strong sell” rating to a “hold” rating in a research note on Monday, December 8th. Five 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, the stock presently has a consensus rating of “Reduce” and a consensus price target of $6.25.

Institutional Investors Weigh In On TriplePoint Venture Growth BDC

Several institutional investors and hedge funds have recently modified their holdings of TPVG. Two Sigma Investments LP raised its holdings in shares of TriplePoint Venture Growth BDC by 58.6% during the 3rd quarter. Two Sigma Investments LP now owns 612,727 shares of the investment management company’s stock valued at $3,535,000 after buying an additional 226,479 shares during the period. Marshall Wace LLP grew its position in TriplePoint Venture Growth BDC by 44.9% in the second quarter. Marshall Wace LLP now owns 529,201 shares of the investment management company’s stock valued at $3,710,000 after acquiring an additional 163,916 shares in the last quarter. Legal & General Group Plc grew its position in TriplePoint Venture Growth BDC by 4.5% in the second quarter. Legal & General Group Plc now owns 276,451 shares of the investment management company’s stock valued at $1,935,000 after acquiring an additional 11,965 shares in the last quarter. Samalin Investment Counsel LLC raised its stake in shares of TriplePoint Venture Growth BDC by 13.1% during the second quarter. Samalin Investment Counsel LLC now owns 92,636 shares of the investment management company’s stock valued at $649,000 after purchasing an additional 10,730 shares during the period. Finally, Jane Street Group LLC boosted its stake in shares of TriplePoint Venture Growth BDC by 7.3% in the second quarter. Jane Street Group LLC now owns 72,663 shares of the investment management company’s stock valued at $509,000 after purchasing an additional 4,970 shares during the period. Hedge funds and other institutional investors own 12.77% of the company’s stock.

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.