TriplePoint Venture Growth BDC (NYSE:TPVG) CEO James Labe Buys 34,000 Shares of Stock

TriplePoint Venture Growth BDC Corp. (NYSE:TPVG) CEO James Labe bought 34,000 shares of the firm’s stock in a transaction dated Tuesday, January 6th. The shares were acquired at an average price of $6.61 per share, for a total transaction of $224,740.00. Following the acquisition, the chief executive officer directly owned 1,910,980 shares of the company’s stock, valued at approximately $12,631,577.80. The trade was a 1.81% increase in their position. The purchase was disclosed in a filing with the SEC, which is available through the SEC website.

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

• On Monday, January 5th, James Labe purchased 40,000 shares of TriplePoint Venture Growth BDC stock. The stock was acquired at an average cost of $6.70 per share, with a total value of $268,000.00.
• On Friday, January 2nd, James Labe purchased 27,153 shares of TriplePoint Venture Growth BDC stock. The shares were bought at an average price of $6.60 per share, for a total transaction of $179,209.80.
• On Wednesday, December 31st, James Labe acquired 30,459 shares of TriplePoint Venture Growth BDC stock. The shares were bought at an average cost of $6.55 per share, for a total transaction of $199,506.45.
• On Tuesday, December 30th, James Labe bought 25,000 shares of TriplePoint Venture Growth BDC stock. The stock was bought at an average cost of $6.45 per share, with a total value of $161,250.00.
• On Monday, December 29th, James Labe bought 27,410 shares of TriplePoint Venture Growth BDC stock. The shares were bought at an average price of $6.34 per share, for a total transaction of $173,779.40.
• On Friday, December 26th, James Labe purchased 31,600 shares of TriplePoint Venture Growth BDC stock. The stock was bought at an average cost of $6.30 per share, with a total value of $199,080.00.
• On Wednesday, December 24th, James Labe acquired 26,756 shares of TriplePoint Venture Growth BDC stock. The stock was bought at an average price of $6.30 per share, with a total value of $168,562.80.
• On Tuesday, December 23rd, James Labe acquired 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 acquired 26,900 shares of TriplePoint Venture Growth BDC stock. The stock was purchased at an average price of $6.29 per share, for a total transaction of $169,201.00.
• On Friday, December 19th, James Labe bought 29,000 shares of TriplePoint Venture Growth BDC stock. The shares were purchased at an average price of $6.25 per share, with a total value of $181,250.00.

TriplePoint Venture Growth BDC Stock Down 3.0%

Shares of TPVG opened at $6.41 on Thursday. The stock’s fifty day simple moving average is $6.24 and its 200-day simple moving average is $6.36. The firm has a market capitalization of $258.76 million, a PE ratio of 7.54 and a beta of 1.35. TriplePoint Venture Growth BDC Corp. has a 12-month low of $5.24 and a 12-month high of $8.20.

TriplePoint Venture Growth BDC (NYSE:TPVG) last announced its quarterly earnings data on Wednesday, November 5th. The investment management company reported $0.26 EPS for the quarter, missing analysts’ consensus estimates 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%. Analysts anticipate that TriplePoint Venture Growth BDC Corp. will post 1.4 EPS for the current year.

TriplePoint Venture Growth BDC Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 30th. Stockholders of record on Tuesday, December 16th were given a dividend of $0.23 per share. The ex-dividend date was Tuesday, December 16th. This represents a $0.92 annualized dividend and a dividend yield of 14.4%. TriplePoint Venture Growth BDC’s payout ratio is currently 108.24%.

Key Stories Impacting TriplePoint Venture Growth BDC

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

• Positive Sentiment: Senior insiders (CEO James Labe and Sajal Srivastava) purchased large blocks of shares on Jan 5–6 (totaling ~148,000 shares across filings), increasing their stakes by ~2% each; purchases were at ~$6.61–$6.70, signaling management confidence in the stock around current levels. SEC Filing – James Labe SEC Filing – Sajal Srivastava
• Neutral Sentiment: Multiple reported media posts and aggregator articles repeated the insider purchase news (AmericanBankingNews coverage), increasing visibility but not adding new material facts beyond the SEC filings. James Labe Buys 30,459 Shares
• Negative Sentiment: An in-depth analysis (Seeking Alpha) argues TPVG’s high headline yield (≈14%) may be unsustainable: the piece highlights low ROAA, significant PIK interest (21% of investment income), concentrated pre-EBITDA lending with “binary” downside risk, and potential for another dividend cut — all factors that could pressure the share price over time. Seeking Alpha – Yield May Be Heading For Another Cut

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in TPVG. Nomura Asset Management Co. Ltd. bought a new stake in shares of TriplePoint Venture Growth BDC in the second quarter worth about $26,000. Northwestern Mutual Wealth Management Co. acquired a new position in shares of TriplePoint Venture Growth BDC in the 2nd quarter valued at approximately $35,000. Advisory Services Network LLC bought a new stake in TriplePoint Venture Growth BDC during the 3rd quarter worth approximately $33,000. Bluefin Capital Management LLC bought a new stake in TriplePoint Venture Growth BDC during the 2nd quarter worth approximately $105,000. Finally, Connor Clark & Lunn Investment Management Ltd. acquired a new stake in TriplePoint Venture Growth BDC during the 2nd quarter worth approximately $131,000. 12.77% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of analysts have commented on the stock. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of TriplePoint Venture Growth BDC in a report on Monday, December 29th. Wall Street Zen upgraded TriplePoint Venture Growth BDC from a “sell” rating to a “hold” rating in a research report on Saturday, December 6th. Zacks Research upgraded TriplePoint Venture Growth BDC from a “strong sell” rating to a “hold” rating in a report on Monday, December 8th. 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 note on Thursday, October 9th. Finally, UBS Group reduced their target price 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. Five research analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Reduce” and an average target price of $6.25.

TriplePoint Venture Growth BDC Company Profile

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.