Trinity Capital (TRIN)

• Market cap: $900M
• 1 day: 1.34%
• 5 days: 3.39%
• 1 month: -10.83%
• 3 months: -1.98%
• 6 months: 4.37%
• Year to date: -1.98%
• 1 year: 1.13%
• 5 years: -4.53%
• 10 years: -4.53%
• Sector: Financials
• Industry: Asset Management

About: Trinity Capital Inc is a closed-end, non-diversified management investment company. The company is engaged in providing debt, including loans and equipment financings, to growth-stage companies, including venture-backed companies and companies with institutional equity investors. Its equipment financings involve loans for general or specific use, including acquiring equipment, secured by the equipment or other assets of the portfolio company.

Employees: 88

Fund manager confidence

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

81% more first-time investments, than exits

New positions opened: 29 | Existing positions closed: 16

59% more repeat investments, than reductions

Existing positions increased: 46 | Existing positions reduced: 29

20% more capital invested

Capital invested by funds: $169M [Q3] → $203M (+$33.8M) [Q4]

12% more funds holding

Funds holding: 102 [Q3] → 114 (+12) [Q4]

0.44% more ownership

Funds ownership: 23.31% [Q3] → 23.75% (+0.44%) [Q4]

0% more funds holding in top 10

Funds holding in top 10: 2 [Q3] → 2 (+0) [Q4]

10% less call options, than puts

Call options by funds: $2.29M | Put options by funds: $2.55M

Research analyst outlook

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

• Low target: $14 2% downside
• Avg. target: $15.50 8% upside
• High target: $16.50 15% upside

3 analyst ratings

• positive: 1 33%
• neutral: 1 33%
• negative: 1 33%

UBS Doug Harter 0 / 0 met price target	15% upside $16.50	Buy Maintained	17 Apr 2025
Wells Fargo Finian O'Shea 50% 1-year accuracy 22 / 44 met price target	2% downside $14	Underweight Maintained	28 Feb 2025
Keefe, Bruyette & Woods Paul Johnson 59% 1-year accuracy 10 / 17 met price target	12% upside $16	Market Perform Maintained	27 Feb 2025