A Director at TriplePoint Venture Growth (NYSE: TPVG) is Buying Shares


Today, a Director at TriplePoint Venture Growth (NYSE: TPVG), Steven Bird, bought shares of TPVG for $238.2K.

This recent transaction increases Steven Bird’s holding in the company by 66.67% to a total of $607K. Following Steven Bird’s last TPVG Buy transaction on September 03, 2015, the stock climbed by 3.5%.

See today’s analyst top recommended stocks >>

Based on TriplePoint Venture Growth’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $13.29 million and quarterly net profit of $3.85 million. In comparison, last year the company earned revenue of $12.62 million and had a net profit of $3.78 million. TPVG’s market cap is $215.2M and the company has a P/E ratio of 10.51. The company has a one-year high of $14.19 and a one-year low of $11.12.

Company insider trades’ information is brought to you by the DailyInsider, a proprietary algorithm that analyzes insider trading activity to detect the most attractive trading opportunities. To subscribe to the DailyInsider visit this page.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

TriplePoint Venture Growth BDC Corp. is a business development company that seeks investment opportunities in companies located primarily in the US, UK, and Israel. The fund focuses on companies operating in the fields of biofuels, business applications software, wireless communications equipment, e-commerce, clothing & accessories, conferencing equipment & services, personal goods, financial institutions & services, entertainment, mixed retailing, and healthcare services. It provides financing in the form of growth capital loans with an investment size ranging from $5 million to $50 million, equipment financings with an investment ranging from $5 million to $25 million, revolving loans with an investment ranging from $1 million to $25 million, direct equity investment transactions with an investment size ranging from $0.1 to $5 million, and warrants.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts