TriplePoint Venture Growth BDCTPVG
TPVG
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 7,398 funds
0
Analysts bullish %
of 3 analysts
Fund manager confidence
Based on 2024 Q4 regulatory filings 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: 14.44% [Q3] → 12.83% (-1.61%) [Q4]
5% less capital invested
Capital invested by funds: $40M [Q3] → $37.9M (-$2.06M) [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
3 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$6.50
4%
downside
Avg. target
$7.25
7%
upside
High target
$8
19%
upside
3 analyst ratings
0 positive
0%
2 neutral
67%
1 negative
33%
Compass Point Casey Alexander 94% 1-year accuracy 15 / 16 met price target | 7%upside $7.25 | Neutral Maintained | 18 Mar 2025 |
Wells Fargo Finian O'Shea 50% 1-year accuracy 22 / 44 met price target | 4%downside $6.50 | Underweight Downgraded | 17 Mar 2025 |
Piper Sandler Crispin Love 45% 1-year accuracy 13 / 29 met price target | 19%upside $8 | Neutral Maintained | 6 Mar 2025 |
Financial journalist opinion
Based on 11 articles about TPVG published over the past 30 days
Positive
Seeking Alpha
2 weeks 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".
Positive
Seeking Alpha
2 weeks 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.
Positive
Seeking Alpha
3 weeks 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%.
Negative
Seeking Alpha
3 weeks 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.
Neutral
Seeking Alpha
3 weeks 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.
Positive
Seeking Alpha
3 weeks 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.
Negative
Seeking Alpha
3 weeks 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.
Neutral
Seeking Alpha
4 weeks 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.
Neutral
Seeking Alpha
4 weeks ago
TriplePoint Venture Growth BDC Corp (TPVG) Q4 2024 Earnings Call Transcript
TriplePoint Venture Growth BDC Corp (NYSE:TPVG ) Q4 2024 Earnings Conference Call March 5, 2025 5:00 PM ET Company Participants Jim Labe – Chief Executive Officer and Chairman Sajal Srivastava – President and Chief Investment Officer Mike Wilhelms – Chief Financial Officer Conference Call Participants Crispin Love – Piper Sandler Brian McKenna – Citizens Casey Alexander – Compass Point Christopher Nolan – Ladenburg Thalmann Paul Johnson – KBW Operator Good afternoon, ladies and gentlemen. Welcome to the TriplePoint Venture Growth BDC Corp. Fourth Quarter 2024 Earnings Conference Call.
Negative
Zacks Investment Research
4 weeks ago
TriplePoint Venture Growth (TPVG) Misses Q4 Earnings Estimates
TriplePoint Venture Growth (TPVG) came out with quarterly earnings of $0.32 per share, missing the Zacks Consensus Estimate of $0.33 per share. This compares to earnings of $0.47 per share a year ago.
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