JFrog stock rises as Cantor Fitzgerald maintains Overweight rating after strong Q2
Ronald E. Estes, a director at Trinity Capital Inc . (NASDAQ:TRIN), a profitable business development company with a market capitalization of $946 million and an attractive dividend yield of ~14%, has made notable purchases of the company’s common stock, according to a recent filing. InvestingPro analysis shows the stock trading at a P/E ratio of 6.5x, with several key indicators suggesting potential value opportunities. On November 1, 2024, Estes acquired 300 shares at a price of $13.50 each. This was followed by another purchase on June 5, 2025, where he bought 1,000 shares at $14.346 per share. The total value of these transactions amounts to $18,396. The stock has shown resilience with a 13% return over the past year, while analysts maintain a bullish consensus with price targets ranging from $13 to $17.
Following these acquisitions, Estes’s direct ownership in Trinity Capital stands at 26,635.696 shares. Additionally, he holds an indirect interest of 8,837 shares through The Estes Revocable Trust. Notably, the filing included a correction from a previous report, clarifying the accurate number of shares acquired and owned. The restricted shares under the Trinity Capital Inc. 2019 Non-Employee Director Restricted Stock Plan are set to vest by June 12, 2025, or the day before the next annual stockholders’ meeting. For deeper insights into Trinity Capital’s valuation and growth prospects, including additional ProTips and comprehensive financial analysis, visit InvestingPro.
In other recent news, Trinity Capital reported its Q1 2025 earnings, which did not meet analyst expectations for earnings per share (EPS) and revenue. The company posted an EPS of $0.43, below the anticipated $0.52, and revenue of $65.4 million, falling short of the forecasted $67.46 million. Despite these misses, Trinity Capital saw a 30% increase in total investment income year-over-year, reaching $65 million. The company also received an investment-grade rating from Moody’s, which may enhance its access to cheaper capital. Additionally, Trinity Capital’s Net Asset Value (NAV) per share decreased from $13.35 to $13.05, potentially indicating pressure on asset valuations. The firm remains focused on expanding its managed account business and exploring opportunities in U.S. manufacturing. Analysts noted the company’s strong credit quality and limited exposure to tariffs, which could help maintain dividend stability.
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