Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
TriplePoint Venture Growth BDC Corp (NYSE: TPVG) closed the day trading at $7.33 down -5.42% from the previous closing price of $7.75. In other words, the price has decreased by -$5.42 from its previous closing price. On the day, 0.88 million shares were traded.
Ratios:
For a better understanding of TPVG, let’s look at its different ratios.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Keefe Bruyette on November 07, 2024, Upgraded its rating to Mkt Perform and sets its target price to $7.50 from $8 previously.
On August 09, 2024, Ladenburg Thalmann Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $8.50 to $8.
Wells Fargo Downgraded its Equal Weight to Underweight on May 29, 2024, whereas the target price for the stock was revised from $9.50 to $8.50.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Aug 13 ’24 when Srivastava Sajal bought 24,083 shares for $7.09 per share. The transaction valued at 170,676 led to the insider holds 274,941 shares of the business.
Srivastava Sajal bought 11,298 shares of TPVG for $79,311 on Aug 12 ’24. The President now owns 250,858 shares after completing the transaction at $7.02 per share. On Mar 14 ’24, another insider, Park Katherine J, who serves as the Director of the company, bought 2,500 shares for $9.35 each. As a result, the insider paid 23,375 and bolstered with 5,000 shares of the company.
Valuation Measures:
As of this moment, TriplePoint’s Price-to-Earnings (P/E) ratio for their current fiscal year is 36.65, and their Forward P/E ratio for the next fiscal year is 5.72. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.55 while its Price-to-Book (P/B) ratio in mrq is 0.81.
Stock Price History:
Over the past 52 weeks, TPVG has reached a high of $11.01, while it has fallen to a 52-week low of $6.44. The 50-Day Moving Average of the stock is -5.33%, while the 200-Day Moving Average is calculated to be -6.49%.
Shares Statistics:
A total of 40.05M shares are outstanding, with a floating share count of 39.45M. Insiders hold about 1.50% of the company’s shares, while institutions hold 14.09% stake in the company.
