TriplePoint Venture Growth BDC Corp is a business development company specializing investments in growth stage. It also provides debt financing to venture growth space companies which includes growth capital loans, equipment financings, revolving loans, and direct equity investments. The fund seeks to invest in e-commerce, entertainment, technology and life sciences sector. Within technology the areas of focus include: Security, wireless communication equipments, network system and software, business applications software, conferencing equipments/services .big data, cloud computing, data storage, electronics, energy efficiency, hardware, information services, internet and media, networking, semiconductors, software, software as a service, and other technology related subsectors and within life sciences the areas of focus include: biotechnology, bio fuels/bio mass, diagnostic testing and bioinformatics, drug delivery, drug discovery, healthcare information systems, healthcare services, medical, surgical and therapeutic devices, pharmaceuticals and other life science related subsectors. Within growth capital loans it invests between $5 million and $50 million, for equipment financings it invests between $5 million and $25 million, for revolving loans it invests between $1 million and $25 million, and for direct equity investments it may invest between $0.1 million and $5 million (generally not exceeding 5% of the company's total equity). The debt financing products are typically structured as lines of credit and it invests through warrants and secured loans. It does not take board seat in the company.
IPO Year: 2014
Exchange: NYSE
Website: tpvg.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/7/2024 | $8.00 → $7.50 | Underperform → Mkt Perform | Keefe Bruyette |
| 8/9/2024 | $8.50 → $8.00 | Buy → Neutral | Ladenburg Thalmann |
| 5/29/2024 | $9.50 → $8.50 | Equal Weight → Underweight | Wells Fargo |
| 3/22/2024 | $8.75 | Sell → Neutral | Compass Point |
| 3/7/2024 | Mkt Outperform → Mkt Perform | JMP Securities | |
| 3/7/2024 | $8.75 | Neutral → Sell | Compass Point |
| 8/23/2023 | Sell → Neutral | Compass Point | |
| 8/3/2023 | $9.75 | Neutral → Sell | Compass Point |
| 5/4/2023 | $12.00 → $10.00 | Overweight → Equal Weight | Wells Fargo |
| 12/20/2022 | $13.00 → $10.00 | Mkt Perform → Underperform | Keefe Bruyette |
SAUSALITO, Calif., Nov. 29, 2023 /PRNewswire/ -- Revelation Partners, a healthcare investment firm with over $1.5 billion of capital under management, announced today the addition of Andrew Olson as Partner, Chief Financial Officer and Chief Operating Officer. Mr. Olson has an extensive background in the venture capital and funds management industry. His addition to the team will enhance the firm's technical expertise, support the differentiated investment model, and strengthen the firm's ongoing foundation. As the firm's new Chief Financial Officer and Chief Operating Officer
Net Investment Income of $0.35 Per Share and Increase in Net Asset Value Per Share of $0.27 for the Third Quarter Declares Fourth Quarter 2024 Distribution of $0.30 per Share TriplePoint Venture Growth BDC Corp. (NYSE:TPVG) (the "Company," "TPVG," "we," "us," or "our"), the 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 third quarter ended September 30, 2024 and the declaration by its Board of Directors of its fourth quarter 2024 distribution of $0.30 per share. Third Quarter 2024 Highlights Signed $93.4 million of term sheets wit
TriplePoint Venture Growth BDC Corp. (NYSE:TPVG) (the "Company"), the 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 third quarter ended September 30, 2024 after market-close on Wednesday, November 6, 2024. James P. Labe, chief executive officer and chairman of the board, Sajal K. Srivastava, president and chief investment officer, and Matthew A. Galiani, interim chief financial officer, will host a conference call that same day at 5:00 p.m., Eastern Time to discuss the Company's financial results. To listen to the cal
Increase in Signed Term Sheets, Closed Commitments and Fundings Received $97.0 million from Liquidity Events Renews Revolving Credit Facility Declares Third Quarter 2024 Distribution of $0.30 per Share TriplePoint Venture Growth BDC Corp. (NYSE:TPVG) (the "Company," "TPVG," "we," "us," or "our"), the 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 second quarter ended June 30, 2024 and the declaration by its Board of Directors of its third quarter 2024 distribution of $0.30 per share. Second Quarter 2024 Highlights Signed $188.4
TriplePoint Venture Growth BDC Corp. (NYSE:TPVG) (the "Company," "TPVG," "we," "us," or "our"), the 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 has entered into an amendment to its revolving credit facility ("Credit Facility") to, among other things, extend the revolving period from August 31, 2024 to November 30, 2025 and the scheduled maturity date from November 30, 2025 to May 30, 2027. The Company elected to reduce total commitments under the Credit Facility to $300 million to align with the Company's anticipated utilization, while maintaining an accordio
TriplePoint Venture Growth BDC Corp. (NYSE:TPVG) (the "Company"), the 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 second quarter ended June 30, 2024 after market-close on Wednesday, August 7, 2024. James P. Labe, chief executive officer and chairman of the board, Sajal K. Srivastava, president and chief investment officer, and Christopher M. Mathieu, chief financial officer, will host a conference call that same day at 5:00 p.m., Eastern Time to discuss the Company's financial results. To listen to the call, invest
Company to Announce 2024 Second Quarter Results on August 7, 2024 TriplePoint Venture Growth BDC Corp. (NYSE:TPVG) (the "Company," "TPVG," "we," "us," or "our"), the 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 Christopher M. Mathieu plans to retire as the Chief Financial Officer ("CFO") of TPVG effective as of the close of business on August 9, 2024 and will continue to serve as an advisor through December 31, 2024 to provide a smooth transition. Mr. Mathieu has served as CFO of TPVG since July 2019. The Company has initiated a search for a successor to M
Achieved Net Investment Income of $0.41 Per Share and 15.4% Portfolio Yield on Debt Investments for the First Quarter DECLARES SECOND QUARTER 2024 DISTRIBUTION OF $0.40 PER SHARE TriplePoint Venture Growth BDC Corp. (NYSE:TPVG) (the "Company," "TPVG," "we," "us," or "our"), the 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, 2024 and the declaration by its Board of Directors of its second quarter 2024 distribution of $0.40 per share. First Quarter 2024 Highlights Signed $130.5 million of term sheet
TriplePoint Venture Growth BDC Corp. (NYSE:TPVG) (the "Company"), the 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, 2024 after market-close on Wednesday, May 1, 2024. James P. Labe, chief executive officer and chairman of the board, Sajal K. Srivastava, president and chief investment officer, and Christopher M. Mathieu, chief financial officer, will host a conference call that same day at 5:00 p.m., Eastern Time to discuss the Company's financial results. To listen to the call, investors
Achieved Net Investment Income of $2.07 Per Share for Fiscal Year 2023 15.6% Portfolio Yield on Debt Investments for the Fourth Quarter and 15.4% for Fiscal Year 2023 DECLARES FIRST QUARTER 2024 DISTRIBUTION OF $0.40 PER SHARE TriplePoint Venture Growth BDC Corp. (NYSE:TPVG) (the "Company," "TPVG," "we," "us," or "our"), the 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 fourth quarter and fiscal year ended December 31, 2023 and the declaration by its Board of Directors of its first quarter 2024 distribution of $0.40 per share.
TriplePoint Venture Growth BDC Corp. (NYSE:TPVG) (the "Company"), the 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 fourth quarter and fiscal year ended December 31, 2023 after market-close on Wednesday, March 6, 2024. James P. Labe, chief executive officer and chairman of the board, Sajal K. Srivastava, president and chief investment officer, and Christopher M. Mathieu, chief financial officer, will host a conference call that same day at 5:00 p.m., Eastern Time to discuss the Company's financial results. To listen
10-Q - TriplePoint Venture Growth BDC Corp. (0001580345) (Filer)
8-K - TriplePoint Venture Growth BDC Corp. (0001580345) (Filer)
40-33 - TriplePoint Venture Growth BDC Corp. (0001580345) (Filer)
40-33 - TriplePoint Venture Growth BDC Corp. (0001580345) (Filer)
8-K - TriplePoint Venture Growth BDC Corp. (0001580345) (Filer)
8-K - TriplePoint Venture Growth BDC Corp. (0001580345) (Filer)
8-K - TriplePoint Venture Growth BDC Corp. (0001580345) (Filer)
8-K - TriplePoint Venture Growth BDC Corp. (0001580345) (Filer)
8-K - TriplePoint Venture Growth BDC Corp. (0001580345) (Filer)
8-K - TriplePoint Venture Growth BDC Corp. (0001580345) (Filer)
4 - TriplePoint Venture Growth BDC Corp. (0001580345) (Issuer)
4 - TriplePoint Venture Growth BDC Corp. (0001580345) (Issuer)
4 - TriplePoint Venture Growth BDC Corp. (0001580345) (Issuer)
4 - TriplePoint Venture Growth BDC Corp. (0001580345) (Issuer)
4 - TriplePoint Venture Growth BDC Corp. (0001580345) (Issuer)
TriplePoint Venture Growth BDC Corp. (NYSE:TPVG) (the "Company"), the 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 third quarter ended September 30, 2024 after market-close on Wednesday, November 6, 2024. James P. Labe, chief executive officer and chairman of the board, Sajal K. Srivastava, president and chief investment officer, and Matthew A. Galiani, interim chief financial officer, will host a conference call that same day at 5:00 p.m., Eastern Time to discuss the Company's financial results. To listen to the cal
TriplePoint Venture Growth BDC Corp. (NYSE:TPVG) (the "Company"), the 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 second quarter ended June 30, 2024 after market-close on Wednesday, August 7, 2024. James P. Labe, chief executive officer and chairman of the board, Sajal K. Srivastava, president and chief investment officer, and Christopher M. Mathieu, chief financial officer, will host a conference call that same day at 5:00 p.m., Eastern Time to discuss the Company's financial results. To listen to the call, invest
Company to Announce 2024 Second Quarter Results on August 7, 2024 TriplePoint Venture Growth BDC Corp. (NYSE:TPVG) (the "Company," "TPVG," "we," "us," or "our"), the 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 Christopher M. Mathieu plans to retire as the Chief Financial Officer ("CFO") of TPVG effective as of the close of business on August 9, 2024 and will continue to serve as an advisor through December 31, 2024 to provide a smooth transition. Mr. Mathieu has served as CFO of TPVG since July 2019. The Company has initiated a search for a successor to M
TriplePoint Venture Growth BDC Corp. (NYSE:TPVG) (the "Company"), the 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, 2024 after market-close on Wednesday, May 1, 2024. James P. Labe, chief executive officer and chairman of the board, Sajal K. Srivastava, president and chief investment officer, and Christopher M. Mathieu, chief financial officer, will host a conference call that same day at 5:00 p.m., Eastern Time to discuss the Company's financial results. To listen to the call, investors
TriplePoint Venture Growth BDC Corp. (NYSE:TPVG) (the "Company"), the 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 fourth quarter and fiscal year ended December 31, 2023 after market-close on Wednesday, March 6, 2024. James P. Labe, chief executive officer and chairman of the board, Sajal K. Srivastava, president and chief investment officer, and Christopher M. Mathieu, chief financial officer, will host a conference call that same day at 5:00 p.m., Eastern Time to discuss the Company's financial results. To listen
TriplePoint Venture Growth BDC Corp. (NYSE:TPVG) (the "Company"), the 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 third quarter ended September 30, 2023 after market-close on Wednesday, November 1, 2023. James P. Labe, chief executive officer and chairman of the board, Sajal K. Srivastava, president and chief investment officer, and Christopher M. Mathieu, chief financial officer, will host a conference call that same day at 5:00 p.m., Eastern Time to discuss the Company's financial results. To listen to the call,
TriplePoint Venture Growth BDC Corp. (NYSE:TPVG) (the "Company"), the 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 second quarter ended June 30, 2023 after market-close on Wednesday, August 2, 2023. James P. Labe, chief executive officer and chairman of the board, Sajal K. Srivastava, president and chief investment officer, and Christopher M. Mathieu, chief financial officer, will host a conference call that same day at 5:00 p.m., Eastern Time to discuss the Company's financial results. To listen to the call, invest
TriplePoint Venture Growth BDC Corp. (NYSE:TPVG) (the "Company"), the 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, 2023 after market-close on Wednesday, May 3, 2023. James P. Labe, chief executive officer and chairman of the board, Sajal K. Srivastava, president and chief investment officer, and Christopher M. Mathieu, chief financial officer, will host a conference call that same day at 5:00 p.m., Eastern Time to discuss the Company's financial results. To listen to the call, investors
TriplePoint Venture Growth BDC Corp. (NYSE:TPVG) (the "Company"), the 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 fourth quarter and fiscal year ended December 31, 2022 after market-close on Wednesday, March 1, 2023. James P. Labe, chief executive officer and chairman of the board, Sajal K. Srivastava, president and chief investment officer, and Christopher M. Mathieu, chief financial officer, will host a conference call that same day at 5:00 p.m., Eastern Time to discuss the Company's financial results. To listen t
Special Distribution Reflects Significant Undistributed Net Investment Income TOTAL DISTRIBUTIONS DECLARED IN 2022 INCREASES TO $1.55 TriplePoint Venture Growth BDC Corp. (NYSE:TPVG) (the "Company," "TPVG," "we," "us," or "our"), the leading financing provider to venture growth stage companies backed by a select group of venture capital firms in technology and other high growth industries, announced that its Board of Directors declared a special distribution of $0.10 per share, payable on December 30, 2022, to shareholders of record at the close of business on December 22, 2022. Shareholders have the option to receive the distribution payment in cash or receive shares of common stock purs
Keefe Bruyette upgraded TriplePoint Venture Growth from Underperform to Mkt Perform and set a new price target of $7.50 from $8.00 previously
Ladenburg Thalmann downgraded TriplePoint Venture Growth from Buy to Neutral and set a new price target of $8.00 from $8.50 previously
Wells Fargo downgraded TriplePoint Venture Growth from Equal Weight to Underweight and set a new price target of $8.50 from $9.50 previously
Compass Point upgraded TriplePoint Venture Growth from Sell to Neutral and set a new price target of $8.75
JMP Securities downgraded TriplePoint Venture Growth from Mkt Outperform to Mkt Perform
Compass Point downgraded TriplePoint Venture Growth from Neutral to Sell and set a new price target of $8.75
Compass Point upgraded TriplePoint Venture Growth from Sell to Neutral
Compass Point downgraded TriplePoint Venture Growth from Neutral to Sell and set a new price target of $9.75
Wells Fargo downgraded TriplePoint Venture Growth from Overweight to Equal Weight and set a new price target of $10.00 from $12.00 previously
Keefe Bruyette downgraded TriplePoint Venture Growth from Mkt Perform to Underperform and set a new price target of $10.00 from $13.00 previously
4 - TriplePoint Venture Growth BDC Corp. (0001580345) (Issuer)
3 - TriplePoint Venture Growth BDC Corp. (0001580345) (Issuer)
4 - TriplePoint Venture Growth BDC Corp. (0001580345) (Issuer)
4 - TriplePoint Venture Growth BDC Corp. (0001580345) (Issuer)
4 - TriplePoint Venture Growth BDC Corp. (0001580345) (Issuer)
4 - TriplePoint Venture Growth BDC Corp. (0001580345) (Issuer)
4 - TriplePoint Venture Growth BDC Corp. (0001580345) (Issuer)
4 - TriplePoint Venture Growth BDC Corp. (0001580345) (Issuer)
4 - TriplePoint Venture Growth BDC Corp. (0001580345) (Issuer)
4 - TriplePoint Venture Growth BDC Corp. (0001580345) (Issuer)
Keefe, Bruyette & Woods analyst Paul Johnson maintains TriplePoint Venture Gwth (NYSE:TPVG) with a Underperform and maintains $9 price target.
Wells Fargo analyst Finian O'Shea downgrades TriplePoint Venture Gwth (NYSE:TPVG) from Equal-Weight to Underweight and lowers the price target from $9.5 to $8.5.
TriplePoint Venture Gwth (NYSE:TPVG) reported quarterly earnings of $0.41 per share which missed the analyst consensus estimate of $0.43 by 4.65 percent. This is a 22.64 percent decrease over earnings of $0.53 per share from the same period last year. The company reported quarterly sales of $29.273 million which missed the analyst consensus estimate of $31.254 million by 6.34 percent. This is a 12.95 percent decrease over sales of $33.629 million the same period last year.
Compass Point analyst Casey Alexander upgrades TriplePoint Venture Gwth (NYSE:TPVG) from Sell to Neutral and announces $8.75 price target.
The most oversold stocks in the financial sector presents an opportunity to buy into undervalued companies. The RSI is a momentum indicator, which compares a stock's strength on days when prices go up to its strength on days when prices go down. When compared to a stock's price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the RSI is below 30, according to Benzinga Pro. Here’s the latest list of major oversold players in this sector, having an RSI near or below 30. Great Ajax Corp. (NYSE:AJX) On Feb. 26, Gret Ajax reported worse-than-expected fourth-quarter adjusted EPS results.. The company’s
Shares of HighPeak Energy, Inc. (NASDAQ:HPK) fell sharply during Thursday’s session after the company reported worse-than-expected fourth-quarter revenue results. HighPeak Energy posted GAAP earnings of 66 cents per share, versus market estimates of 65 cents per share. The company’s quarterly sales came in at $301.153 million versus expectations of $339.525 million. HighPeak Energy shares declined 15.3% to $13.49 on Thursday. Here are some other stocks moving in today's mid-day session. Gainers Lytus Technologies Holdings PTV. Ltd. (NASDAQ:LYT) shares jumped 404% to $11.65 after the company announced the launch of Lytus Cloud. CERo Therapeutics Holdings, Inc. (NASDAQ:CERO) gained
Compass Point analyst Casey Alexander downgrades TriplePoint Venture Gwth (NYSE:TPVG) from Neutral to Sell and announces $8.75 price target.
Keefe, Bruyette & Woods analyst Paul Johnson maintains TriplePoint Venture Gwth (NYSE:TPVG) with a Underperform and lowers the price target from $9.5 to $9.
Shares of Rush Street Interactive, Inc. (NYSE:RSI) rose sharply in today’s pre-market trading as the company reported better-than-expected fourth-quarter financial results and issued strong revenue guidance for 2024. Rush Street Interactive posted adjusted earnings of 1 cent per share, versus market expectations for a loss of 3 cents per share. The company’s quarterly sales came in at $193.85 million, topping estimates of $178.56 million. Rush Street Interactive shares surged 25.2% to $6.75 in pre-market trading Here are some other stocks moving in pre-market trading. Gainers Lytus Technologies Holdings PTV. Ltd. (NASDAQ:LYT) gained 275.6% to $8.68 in pre-market trading after the co