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 7,296 funds
0
Analysts bullish %
of 5 analysts
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
1% more call options, than puts
Call options by funds: $1.42M | Put options by funds: $1.4M
8% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 24
1.99% less ownership
Funds ownership: 12.83% [Q4 2024] → 10.84% (-1.99%) [Q1 2025]
14% less funds holding
Funds holding: 83 [Q4 2024] → 71 (-12) [Q1 2025]
20% less capital invested
Capital invested by funds: $37.9M [Q4 2024] → $30.4M (-$7.55M) [Q1 2025]
58% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 19
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$5.50
24%
downside
Avg. target
$6.55
9%
downside
High target
$7.25
1%
upside
5 analyst ratings
0 positive
0%
4 neutral
80%
1 negative
20%
Wells Fargo Finian O'Shea | 24%downside $5.50 | Underweight Maintained | 28 Apr 2025 |
UBS Vilas Abraham | 17%downside $6 | Neutral Maintained | 17 Apr 2025 |
Keefe, Bruyette & Woods Paul Johnson | 3%downside $7 | Market Perform Maintained | 8 Apr 2025 |
Piper Sandler Crispin Love | 3%downside $7 | Neutral Maintained | 8 Apr 2025 |
Compass Point Casey Alexander | 1%upside $7.25 | Neutral Maintained | 18 Mar 2025 |
Financial journalist opinion
Based on 4 articles about TPVG published over the past 30 days
Negative
Seeking Alpha
1 day ago
Double Trouble: 2 BDCs Facing Another Yield Cut, Time To Sell?
BDCs are exposed to some material headwinds. We can see how already several BDCs have cut their dividends. Theoretically, it might make sense to buy those that have made dividend cuts, which could indicate that the new yields are rather sustainable.
Neutral
Seeking Alpha
1 day ago
A Brief Lesson On Huge Yielders
Charts? Dog photos? Me? An Opportunity to learn? So many reasons to like this article. Beware of extremely high return on equity figures. It looks great today, but you need to evaluate the source of the income.
Neutral
Seeking Alpha
1 week ago
2 BDCs With 20%+ Discounts, 1 To Buy And 1 To Avoid
BDCs have entered a challenging period. This is why the market has assigned notable discounts across the board. Some BDCs have become very deeply discounted.
Negative
Seeking Alpha
2 weeks ago
TriplePoint Venture Growth: 18% Dividend Yield Is A Red Flag (Downgrade)
TriplePoint Venture Growth's dividend coverage has weakened further after a 2024 cut, with payout ratios again exceeding 100%, raising the risk of another reduction. Persistent high non-accruals and continuous investment losses have eroded net asset value by 38% since Q4 2021, reflecting poor credit quality. TPVG trades at a steep 22% discount to NAV, signaling heightened investor concern over dividend sustainability and portfolio performance.
Neutral
Seeking Alpha
1 month ago
BDC Weekly Review: Bimodal Q1 Numbers Weigh On The Sector
We take a look at the action in business development companies through the first week of May and highlight some of the key themes we are watching. BDCs fell around 1.5% this week due to a couple of weak Q1 reports, with the sector still below pre-Liberation Day levels. Despite recent dips, historically resilient BDCs are showing strong ROE figures, suggesting selective opportunities for patient investors.
Negative
Zacks Investment Research
1 month ago
TriplePoint Venture Growth (TPVG) Q1 Earnings and Revenues Miss Estimates
TriplePoint Venture Growth (TPVG) came out with quarterly earnings of $0.27 per share, missing the Zacks Consensus Estimate of $0.30 per share. This compares to earnings of $0.41 per share a year ago.
Neutral
Seeking Alpha
1 month ago
TriplePoint Venture Growth BDC Corp. (TPVG) Q1 2025 Earnings Call Transcript
TriplePoint Venture Growth BDC Corp. (NYSE:TPVG ) Q1 2025 Earnings Conference Call May 7, 2025 5:00 PM ET Company Participants Jim Labe - Chairman and CEO Sajal Srivastava - President and CIO Mike Wilhelms - Chief Financial Officer Conference Call Participants Crispin Love - Piper Sandler Doug Harter - UBS Casey Alexander - Compass Point Brian McKenna - Citizens Christopher Nolan - Ladenburg Thalmann Operator Good afternoon, ladies and gentlemen. Welcome to the TriplePoint Venture Growth BDC Corp. First Quarter 2025 Earnings Conference Call.
Neutral
Business Wire
1 month ago
TriplePoint Venture Growth BDC Corp. Announces First Quarter 2025 Financial Results
MENLO PARK, Calif.--(BUSINESS WIRE)--TriplePoint Venture Growth BDC Corp. (NYSE: TPVG) (the “Company,” “TPVG,” “we,” “us,” or “our”), 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 its financial results for the first quarter ended March 31, 2025 and the declaration by its Board of Directors of its second quarter 2025 distribution of $0.30 per share. First Quarter 202.
Negative
Seeking Alpha
1 month ago
Risk On Risk Is A Deadly Move: 2 VC BDCs To Avoid
BDCs are inherently a risky asset class. It does not make sense to go further up in the risk curve here. One of such, in my view, illogical moves is investing in VC-focused BDCs.
Neutral
Business Wire
1 month 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.
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