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TriplePoint Venture Growth (TPVG) president buys shares worth $661k

Published 14/08/2025, 00:34
TriplePoint Venture Growth (TPVG) president buys shares worth $661k
TPVG
1.10%

Sajal Srivastava, President and CIO of TriplePoint Venture Growth BDC Corp (NASDAQ:TPVG), recently purchased shares of the company’s common stock for a total value of $661704. The purchases were made in two transactions, with prices ranging from $6.2825 to $6.302 per share, coming at a time when the stock has experienced an 8.26% decline over the past week. According to InvestingPro data, the company maintains a notable 14.53% dividend yield and trades at a P/E ratio of 6.16.

On August 11, 2025, Srivastava acquired 76700 shares. This was followed by another purchase on August 12, 2025, of 28387 shares. These shares are indirectly owned by TriplePoint Capital LLC. The company, with a market capitalization of $255.25 million, has maintained dividend payments for 12 consecutive years.

Following these transactions, Srivastava directly owns 295889.56 shares of TriplePoint Venture Growth BDC Corp., which includes shares of common stock received pursuant to TPVG’s dividend reinvestment plan. For deeper insights into TPVG’s valuation and financial health metrics, check out the comprehensive research report available on InvestingPro.

In other recent news, TriplePoint Venture Growth BDC Corp. reported disappointing second-quarter results for 2025, missing both earnings and revenue expectations. The company announced an earnings per share (EPS) of $0.28, which was below the anticipated $0.2962, marking a -5.47% surprise. Revenue also fell short, totaling $23.28 million compared to the projected $24.19 million. These results highlight a challenging period for the company. Despite these earnings misses, the stock price remained stable, indicating a cautious response from investors. The earnings call did not provide any new insights into future financial strategies. No analyst upgrades or downgrades were reported following the earnings announcement.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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