Hercules CapitalHTGC
About: Hercules Capital Inc is a specialty finance company that provides senior secured loans to high-growth, venture capital-backed companies in various technology, life sciences, and sustainable and renewable technology industries. It invests majorly in structured debt with warrants and, to a lesser extent, in senior debt and equity investments. The company lends to and invests in portfolio companies in various technology-related industries, including technology, drug discovery and development, biotechnology, life sciences, healthcare, and sustainable and renewable technology.
Employees: 100
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
167% more first-time investments, than exits
New positions opened: 64 | Existing positions closed: 24
100% more repeat investments, than reductions
Existing positions increased: 136 | Existing positions reduced: 68
22% more capital invested
Capital invested by funds: $625M [Q3] → $764M (+$140M) [Q4]
12% more funds holding
Funds holding: 295 [Q3] → 330 (+35) [Q4]
2.79% more ownership
Funds ownership: 19.81% [Q3] → 22.6% (+2.79%) [Q4]
3% less call options, than puts
Call options by funds: $16.9M | Put options by funds: $17.3M
20% less funds holding in top 10
Funds holding in top 10: 5 [Q3] → 4 (-1) [Q4]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
Compass Point Casey Alexander 94% 1-year accuracy 15 / 16 met price target | 9%upside $20 | Neutral Maintained | 19 Feb 2025 |
JMP Securities Brian McKenna 13% 1-year accuracy 2 / 15 met price target | 36%upside $25 | Market Outperform Reiterated | 14 Feb 2025 |
JMP Securities Mitch Germain 60% 1-year accuracy 26 / 43 met price target | 19%upside $22 | Market Outperform Reiterated | 6 Jan 2025 |
Financial journalist opinion
Based on 18 articles about HTGC published over the past 30 days









