TPVG
TriplePoint Venture Growth BDC Corp. Financial Services - BDC Investor Relations →
TriplePoint Venture Growth BDC Corp. (TPVG) closed at $4.91 as of 2026-03-20, trading 24.7% below its 200-week moving average of $6.52. This places TPVG in the extreme value zone. The stock moved further from the line this week, up from -25.5% last week. With a 14-week RSI of 28, TPVG is in oversold territory.
A big jump in activity this week — 2.5x the usual volume, and the price went up. Significantly more people than usual decided to buy. This kind of surge, especially on a stock already below its 200-week average, can be an early sign that sentiment is shifting.
Over the past 580 weeks of data, TPVG has crossed below its 200-week moving average 12 times. On average, these episodes lasted 19 weeks. Historically, investors who bought TPVG at the start of these episodes saw an average one-year return of +20.0%.
With a market cap of $199 million, TPVG is a small-cap stock. The company generates a free cash flow yield of 16.3%, which is notably high. Return on equity stands at 14.1%. The stock trades at 0.6x book value.
Share count has increased 14.6% over three years, indicating dilution. This stock also meets the Yartseva multibagger criteria as a small-cap with strong free cash flow yield and reasonable book value.
Over the past 11.2 years, a hypothetical investment of $100 in TPVG would have grown to $138, compared to $372 for the S&P 500. TPVG has returned 2.9% annualized vs 12.5% for the index, underperforming the broader market over this period.
Free cash flow has been volatile over the past several years, making the quality of earnings harder to assess.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
Growth of $100: TPVG vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After TPVG Crosses Below the Line?
Across 12 historical episodes, buying TPVG when it crossed below its 200-week moving average produced an average return of +28.1% after 12 months (median +12.0%), compared to +23.8% for the S&P 500 over the same periods. 58% of those episodes were profitable after one year. After 24 months, the average return was +38.0% vs +43.5% for the index.
Each line shows $100 invested at the moment TPVG crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
TPVG has crossed below its 200-week MA 12 times with an average 1-year return of +20.0% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Mar 2015 | Jun 2015 | 10 | 4.3% | -15.7% | +42.3% |
| Jun 2015 | Jul 2016 | 55 | 25.3% | -8.6% | +46.7% |
| Aug 2016 | Aug 2016 | 2 | 2.3% | +29.5% | +55.0% |
| Aug 2016 | Nov 2016 | 10 | 3.4% | +32.3% | +51.5% |
| Mar 2020 | Jun 2020 | 12 | 55.2% | +99.0% | +35.1% |
| Jun 2020 | Jul 2020 | 5 | 4.4% | +68.2% | +9.6% |
| Sep 2022 | Oct 2022 | 4 | 5.2% | +10.3% | -22.1% |
| Dec 2022 | Jan 2023 | 4 | 7.2% | +9.2% | -23.6% |
| Mar 2023 | Mar 2023 | 2 | 5.5% | +5.6% | -23.8% |
| May 2023 | Jun 2023 | 5 | 11.1% | +8.5% | -19.8% |
| Sep 2023 | Nov 2023 | 10 | 12.0% | -17.8% | -29.2% |
| Mar 2024 | Ongoing | 107+ | 31.3% | Ongoing | -27.9% |
| Average | 19 | — | +20.0% | — |
Frequently Asked Questions
Is TPVG below its 200-week moving average?
Yes. As of 2026-03-20, TriplePoint Venture Growth BDC Corp. (TPVG) is trading 24.7% below its 200-week moving average of $6.52. The current price is $4.91.
What is TPVG's 200-week moving average price?
TriplePoint Venture Growth BDC Corp.'s 200-week moving average is $6.52 as of 2026-03-20. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when TPVG drops below its 200-week moving average?
TPVG has crossed below its 200-week moving average 12 times in our data. On average, buying at that moment produced a one-year return of +20.0%. These dips have historically been decent entry points. These episodes lasted 19 weeks on average.
Is TPVG a good value right now?
Here's what our data says about TPVG as of 2026-03-20: The stock is below its 200-week moving average, which is the starting point for our analysis. The 14-week RSI is 28 (oversold). Free cash flow yield is 16.3%. Return on equity is 14.1%. Price-to-book is 0.6x. This is not a buy or sell recommendation — always do your own research.
How does TPVG compare to the S&P 500?
Over the past 11.2 years, $100 invested in TPVG would have grown to $138, compared to $372 for the S&P 500. That's 2.9% annualized vs 12.5% for the index. TPVG has underperformed the broader market over this period.
Does TPVG pay a dividend?
Yes. TriplePoint Venture Growth BDC Corp. currently pays a dividend yield of 2057.00%.
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of week of 2026-03-20