TPVG icon

TriplePoint Venture Growth BDC

6.18 USD
+0.15
2.49%
At close Apr 24, 4:00 PM EDT
After hours
6.24
+0.06
0.97%
1 day
2.49%
5 days
4.04%
1 month
-13.45%
3 months
-21.47%
6 months
-8.31%
Year to date
-18.90%
1 year
-35.15%
5 years
-15.57%
10 years
-57.20%
 

About: TriplePoint Venture Growth BDC Corp is a closed-end, non-diversified management investment company. Its investment objective is to maximize its total return to stockholders in the form of current income and, to a lesser extent, capital appreciation. The fund focuses on companies operating in the fields of biofuels, business applications software, wireless communications equipment, e-commerce, clothing and accessories, conferencing equipment and services, personal goods, financial institutions and services, entertainment, mixed retailing, and healthcare services. Geographically, all the operations of the firm function through the region of the United states.

0
Funds holding %
of 7,419 funds
0
Analysts bullish %
of 5 analysts

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

18% more first-time investments, than exits

New positions opened: 20 | Existing positions closed: 17

1% more funds holding

Funds holding: 82 [Q3] → 83 (+1) [Q4]

4% more repeat investments, than reductions

Existing positions increased: 26 | Existing positions reduced: 25

1.61% less ownership

Funds ownership: 14.43% [Q3] → 12.83% (-1.61%) [Q4]

5% less capital invested

Capital invested by funds: $40M [Q3] → $37.9M (-$2.05M) [Q4]

82% less call options, than puts

Call options by funds: $297K | Put options by funds: $1.64M

100% less funds holding in top 10

Funds holding in top 10: 1 [Q3] → 0 (-1) [Q4]

Research analyst outlook

5 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$6
3%
downside
Avg. target
$6.75
9%
upside
High target
$7.25
17%
upside

5 analyst ratings

positive
0%
neutral
80%
negative
20%
UBS
Vilas Abraham
0 / 0 met price target
3%downside
$6
Neutral
Maintained
17 Apr 2025
Keefe, Bruyette & Woods
Paul Johnson
59% 1-year accuracy
10 / 17 met price target
13%upside
$7
Market Perform
Maintained
8 Apr 2025
Piper Sandler
Crispin Love
26% 1-year accuracy
9 / 34 met price target
13%upside
$7
Neutral
Maintained
8 Apr 2025
Compass Point
Casey Alexander
40% 1-year accuracy
6 / 15 met price target
17%upside
$7.25
Neutral
Maintained
18 Mar 2025
Wells Fargo
Finian O'Shea
50% 1-year accuracy
22 / 44 met price target
5%upside
$6.50
Underweight
Downgraded
17 Mar 2025

Financial journalist opinion

Neutral
Business Wire
1 day ago
TriplePoint Venture Growth BDC Corp. to Announce 2025 First Quarter Financial Results on Wednesday, May 7, 2025
MENLO PARK, Calif.--(BUSINESS WIRE)--TriplePoint Venture Growth BDC Corp. (NYSE: TPVG) (the “Company”), a leading financing provider to venture growth stage companies backed by a select group of venture capital firms in technology and other high growth industries, today announced it will release its financial results for its first quarter ended March 31, 2025 after market-close on Wednesday, May 7, 2025. James P. Labe, chief executive officer and chairman of the board, Sajal K. Srivastava, pres.
TriplePoint Venture Growth BDC Corp. to Announce 2025 First Quarter Financial Results on Wednesday, May 7, 2025
Neutral
Business Wire
2 weeks ago
TriplePoint Venture Growth BDC Corp. Investment Grade Rating and Stable Outlook Confirmed by Morningstar DBRS
MENLO PARK, Calif.--(BUSINESS WIRE)--TriplePoint Venture Growth BDC Corp. (NYSE: TPVG) (“TPVG” or the “Company”), a leading financing provider to venture growth stage companies backed by a select group of venture capital firms in technology and other high growth industries, today announced that DBRS, Inc. (“Morningstar DBRS”) has confirmed the Company's investment grade Long-Term Issuer Rating and Long-Term Senior Debt Rating of BBB (low). Morningstar DBRS issued a statement announcing the conf.
TriplePoint Venture Growth BDC Corp. Investment Grade Rating and Stable Outlook Confirmed by Morningstar DBRS
Positive
Seeking Alpha
1 month ago
Buy 4 Ideal 'Safer' February Dividends, Out Of 40 Choices From Readers
Since May 2017, reader-selected dividend-paying stocks have been featured, with valuable reader feedback improving accuracy and direction. My Dogs of The Week portfolios are available for Dividend Dogcatcher subscribers, with detailed summaries and reference guides listed by date. I prioritize stocks whose dividends from $1K invested exceed their single share price, categorizing them as "cash rich" or "cash poor".
Buy 4 Ideal 'Safer' February Dividends, Out Of 40 Choices From Readers
Positive
Seeking Alpha
1 month ago
I'm Collecting A 17% Yield By Holding TriplePoint Venture
We love solid income generators, but we don't panic and run when one stumbles; we look to see improvements over the long run. TriplePoint Venture Growth BDC Corp. management has strung two good quarters together; let's dig into this most recent one. Income is a must for retirement; collect as much as you can.
I'm Collecting A 17% Yield By Holding TriplePoint Venture
Positive
Seeking Alpha
1 month ago
Dividend Power Dogs: 3 Top Dividend Picks For March
Three top Dividend Power stocks, Golden Ocean, Diversified Energy, and Saratoga Investment Corp, offer "safer" dividends with free cash-flow yields exceeding dividend yields. The Dividend Power strategy focuses on high earnings yield and top dividend yield stocks, creating a resilient portfolio for both downturns and bull markets. Analysts predict significant net gains (39.97% to 168.6%) for the top ten Dividend Power stocks by March 2026, with an average net gain of 77.96%.
Dividend Power Dogs: 3 Top Dividend Picks For March
Negative
Seeking Alpha
1 month ago
The Moment Of Truth For BDC Dividend Investors Is Close
As a structural BDC bull I have to admit that the period of BDCs consistently surprising us on the upside has come to an end. Many lower quality BDCs have already cut their dividends to sync their cash flows with less favorable private credit lending environment. I would say that the moment of truth for high quality BDCs is also very close, where we will see how really durable their base dividends are.
The Moment Of Truth For BDC Dividend Investors Is Close
Neutral
Seeking Alpha
1 month ago
TriplePoint Venture Growth: The Tide Hasn't Turned Yet
TriplePoint Venture Growth's high dividend yield of 16.3% is tempting, but its portfolio's resilience is questionable amid rising non-accruals and declining NAV. Despite reduced debt levels, TPVG's Q4 earnings disappointed with a net investment income of $0.32 per share, missing estimates. The portfolio's concentration in consumer products and services poses risks, especially with ongoing economic uncertainties and higher inflation.
TriplePoint Venture Growth: The Tide Hasn't Turned Yet
Positive
Seeking Alpha
1 month ago
TriplePoint Venture Growth: Is This 16% Yield A Red Flag?
TriplePoint Venture Growth reported weaker-than-expected Q4 earnings due to high non-accruals, leading to a 5.4% decline in net asset value in Q4'24. TPVG's 16% yield is still covered by net investment income, and I am maintaining a buy rating for now. TPVG trades at a 16% discount to NAV due to poor balance sheet quality, significantly underperforming rivals Hercules Capital and Horizon Technology Finance.
TriplePoint Venture Growth: Is This 16% Yield A Red Flag?
Negative
Seeking Alpha
1 month ago
TriplePoint Venture Growth: When One Dividend Cut Is Not Enough
I've maintained a bearish stance on TriplePoint Venture Growth (TPVG) since May 2024; the stock has declined ~20% since then. TPVG's dividend is unsustainable despite a recent cut; another dividend reduction is likely this year due to ongoing financial headwinds. In this article I discuss in more details why I remain skeptical on TPVG.
TriplePoint Venture Growth: When One Dividend Cut Is Not Enough
Neutral
Seeking Alpha
1 month ago
9% Yields From Baby Bonds
Yield to maturity is crucial in baby bond analysis. Yield to call can also be relevant when call risk is more relevant. We're starting with a hypothetical for demonstrating a key point, then we'll look at two baby bonds as they are trading today. Market inefficiencies can arise from liquidity issues, creating trading opportunities between similar preferred shares or baby bonds.
9% Yields From Baby Bonds
Charts implemented using Lightweight Charts™