Trinity Capital (NASDAQ:TRIN) Given New $16.00 Price Target at Keefe, Bruyette & Woods

Key Points

• Analyst update: Keefe, Bruyette & Woods raised its price target on Trinity Capital from $15 to $16 and kept a "market perform" rating, while the consensus across analysts is a "Moderate Buy" with an average target of $16.64.
• Q1 results mixed: Trinity beat EPS expectations at $0.53 and reported record net investment income (+37.8% YoY) and an SBIC buildout to add >$260M lending capacity, but revenue of $51.37M materially missed the ~$85.9M consensus.
• Insider buying: The CEO and chairman bought shares recently (insiders purchased 37,682 shares over the last 90 days), leaving corporate insiders with a 5.31% ownership stake.

Trinity Capital (NASDAQ:TRIN - Get Free Report) had its price target hoisted by Keefe, Bruyette & Woods from $15.00 to $16.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The brokerage presently has a "market perform" rating on the stock. Keefe, Bruyette & Woods' target price points to a potential downside of 5.58% from the stock's current price.

Several other analysts also recently issued reports on the stock. Wall Street Zen raised shares of Trinity Capital from a "sell" rating to a "hold" rating in a report on Sunday, March 29th. Clear Str raised shares of Trinity Capital to a "strong-buy" rating in a research note on Wednesday, February 4th. Wells Fargo & Company upped their target price on Trinity Capital from $13.50 to $15.00 and gave the company an "underweight" rating in a research note on Thursday. Finally, Citigroup reiterated an "outperform" rating on shares of Trinity Capital in a report on Tuesday, January 27th. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $16.64.

Trinity Capital Stock Down 1.9%

NASDAQ TRIN traded down $0.34 during mid-day trading on Thursday, hitting $16.95. The stock had a trading volume of 826,413 shares, compared to its average volume of 1,304,085. The company has a market cap of $1.51 billion, a price-to-earnings ratio of 8.65 and a beta of 0.63. Trinity Capital has a 52-week low of $13.76 and a 52-week high of $17.38. The company has a 50 day simple moving average of $15.20 and a 200 day simple moving average of $15.28.

Trinity Capital (NASDAQ:TRIN - Get Free Report) last released its quarterly earnings results on Wednesday, May 6th. The company reported $0.53 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.52 by $0.01. Trinity Capital had a return on equity of 14.97% and a net margin of 46.18%.The business had revenue of $51.37 million during the quarter, compared to the consensus estimate of $85.87 million. As a group, equities analysts anticipate that Trinity Capital will post 2.05 earnings per share for the current fiscal year.

Insider Activity at Trinity Capital

In other Trinity Capital news, CEO Kyle Steven Brown acquired 3,532 shares of the firm's stock in a transaction dated Monday, March 16th. The shares were acquired at an average price of $14.16 per share, for a total transaction of $50,013.12. Following the completion of the acquisition, the chief executive officer directly owned 620,709 shares of the company's stock, valued at $8,789,239.44. This trade represents a 0.57% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Chairman Steve Louis Brown acquired 27,109 shares of the stock in a transaction dated Thursday, March 12th. The stock was acquired at an average cost of $14.75 per share, with a total value of $399,857.75. Following the transaction, the chairman owned 940,745 shares of the company's stock, valued at approximately $13,875,988.75. This trade represents a 2.97% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders acquired a total of 37,682 shares of company stock valued at $553,902 over the last ninety days. 5.31% of the stock is owned by corporate insiders.

Institutional Trading of Trinity Capital

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Exeter Financial LLC grew its holdings in Trinity Capital by 6.6% in the 1st quarter. Exeter Financial LLC now owns 11,589 shares of the company's stock valued at $170,000 after buying an additional 717 shares during the period. Osaic Holdings Inc. grew its holdings in Trinity Capital by 1.1% in the 4th quarter. Osaic Holdings Inc. now owns 66,888 shares of the company's stock valued at $980,000 after buying an additional 754 shares during the period. First Commonwealth Financial Corp PA grew its holdings in Trinity Capital by 3.4% in the 4th quarter. First Commonwealth Financial Corp PA now owns 24,540 shares of the company's stock valued at $360,000 after buying an additional 799 shares during the period. Cornerstone Wealth Management LLC grew its holdings in Trinity Capital by 2.7% in the 3rd quarter. Cornerstone Wealth Management LLC now owns 33,342 shares of the company's stock valued at $516,000 after buying an additional 889 shares during the period. Finally, Values First Advisors Inc. grew its holdings in Trinity Capital by 6.0% in the 1st quarter. Values First Advisors Inc. now owns 18,441 shares of the company's stock valued at $271,000 after buying an additional 1,047 shares during the period. Hedge funds and other institutional investors own 24.62% of the company's stock.

More Trinity Capital News

Here are the key news stories impacting Trinity Capital this week:

• Positive Sentiment: Trinity reported record quarterly net investment income and strong investment-income growth (Total investment income +37.8% YoY), highlighting underlying portfolio performance and earnings power. PR Newswire Q1 2026 Results
• Positive Sentiment: Q1 EPS of $0.53 beat consensus by $0.01 and ROE/ROAE metrics were healthy, which supports near-term distributable earnings and dividend coverage expectations. Zacks Q1 Coverage
• Positive Sentiment: Management outlined an SBIC fund buildout expected to add >$260M of incremental lending capacity — a potential growth lever for future investment income. MSN SBIC Article
• Positive Sentiment: Trinity participated in a warehouse/credit facility expansion for a portfolio company (Parafin), showing ongoing originations and syndication activity that can support fee and interest income. TMCNet: Parafin Facility
• Neutral Sentiment: Management released its earnings presentation and call transcript (useful for digging into portfolio details, valuation, and SBIC timing). Earnings Transcript (Fool)
• Negative Sentiment: Reported revenue ($51.37M) came in well below the prior consensus (~$85.9M), a noticeable miss that raises questions about fee/interest timing and near-term top-line momentum. MarketBeat Q1 Summary
• Negative Sentiment: Wells Fargo raised its price target to $15.00 but kept an "underweight" rating — signaling continued analyst caution and implying ~12% downside versus recent levels, which can pressure sentiment. Benzinga: Wells Fargo Note

Trinity Capital Company Profile

Trinity Capital Corporation NASDAQ: TRIN is a publicly traded business development company that provides flexible financing solutions to venture-backed and growth-stage companies. As a venture lender, Trinity Capital offers customized capital structures, including secured debt and equity co-investment, designed to support companies that have progressed beyond early-stage funding but still require non-dilutive growth capital.

The company focuses its investments on technology-driven sectors such as software, fintech, healthcare, life sciences and cleantech.

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