Trinity Capital (NASDAQ:TRIN – Get Free Report) had its price target hoisted by investment analysts at Wells Fargo & Company from $15.00 to $16.00 in a research note issued on Thursday, Benzinga reports. The brokerage presently has an “underweight” rating on the stock. Wells Fargo & Company‘s target price indicates a potential downside of 10.67% from the company’s current price.
Separately, Keefe, Bruyette & Woods raised their target price on shares of Trinity Capital from $16.00 to $16.50 and gave the stock a “market perform” rating in a report on Thursday, August 6th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $16.80.
Check Out Our Latest Analysis on Trinity Capital
Trinity Capital Price Performance
NASDAQ TRIN opened at $17.91 on Thursday. The firm has a market cap of $1.70 billion, a P/E ratio of 9.49 and a beta of 0.66. The stock’s 50-day moving average is $17.44 and its 200-day moving average is $16.71. Trinity Capital has a one year low of $14.13 and a one year high of $18.90.
Trinity Capital (NASDAQ:TRIN – Get Free Report) last issued its quarterly earnings data on Wednesday, August 5th. The company reported $0.51 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.52 by ($0.01). Trinity Capital had a net margin of 43.45% and a return on equity of 14.94%. The business had revenue of $87.17 million during the quarter, compared to analyst estimates of $91.44 million. Equities analysts anticipate that Trinity Capital will post 2.10 EPS for the current year.
Insider Activity at Trinity Capital
In other news, CEO Kyle Brown purchased 2,296 shares of the business’s stock in a transaction dated Friday, August 7th. The shares were bought at an average cost of $18.04 per share, for a total transaction of $41,419.84. Following the completion of the acquisition, the chief executive officer directly owned 612,262 shares in the company, valued at approximately $11,045,206.48. This trade represents a 0.38% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 4.25% of the stock is currently owned by company insiders.
Institutional Inflows and Outflows
A number of hedge funds have recently modified their holdings of TRIN. Cornerstone Wealth Management LLC raised its position in Trinity Capital by 5.4% in the 3rd quarter. Cornerstone Wealth Management LLC now owns 45,676 shares of the company’s stock valued at $802,000 after buying an additional 2,346 shares during the last quarter. Kingstone Capital Partners Texas LLC acquired a new position in Trinity Capital during the 3rd quarter worth approximately $284,000. International Assets Investment Management LLC boosted its position in Trinity Capital by 61.5% during the 3rd quarter. International Assets Investment Management LLC now owns 14,236 shares of the company’s stock worth $250,000 after acquiring an additional 5,422 shares during the last quarter. Chicago Partners Investment Group LLC grew its stake in shares of Trinity Capital by 15.6% during the 3rd quarter. Chicago Partners Investment Group LLC now owns 97,614 shares of the company’s stock worth $1,595,000 after acquiring an additional 13,155 shares in the last quarter. Finally, SMH Capital Advisors Inc. bought a new position in shares of Trinity Capital during the 3rd quarter worth approximately $3,015,000. 24.62% of the stock is currently owned by institutional investors.
More Trinity Capital News
Here are the key news stories impacting Trinity Capital this week:
- Positive Sentiment: Third-quarter total investment income rose 30.2% year over year to $98.4 million, and quarterly net investment income reached a record $49.9 million, up 34.9%. Return on average equity was 15.5%, and net asset value per share increased to $13.61. These figures point to stronger income generation and growth. Trinity Capital Reports Third Quarter 2026 Financial Results
- Positive Sentiment: Trinity outlined $500 million of capacity for its Desert Star joint venture as its managed-funds platform approaches $1 billion. The added platform capacity may support future investment activity and diversification of funding. Trinity Capital outlines $500M Desert Star JV capacity
- Positive Sentiment: Shares were reported higher following the Q3 results, suggesting investors responded favorably to the income growth and operating metrics. Trinity Capital Shares Rise Following Q3 Financial Results
- Neutral Sentiment: Q3 earnings were $0.52 per share, matching the Zacks consensus estimate. The result met expectations rather than delivering an earnings surprise. Trinity Capital meets Q3 earnings estimates
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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