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Initiation
B. Riley starts Trinity Capital at Buy, sees total return of 20% » 08:25
02/23/21
02/23
08:25
02/23/21
08:25
TRIN

Trinity Capital

$15.49 /

+0.79 (+5.37%)

B. Riley Securities…

B. Riley Securities analyst Sarkis Sherbetchyan initiated coverage of Trinity Capital with a Buy rating and $16.50 price target. The analyst sees potential for total return of 20%, including the $1.08 per share annualized dividend. Demand for venture debt solutions should grow alongside the level of venture investment activity, Sherbetchyan tells investors in a research note. The analyst believes Trinity has an opportunity to finance viable entities while generating attractive risk-adjusted returns.

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TRIN Trinity Capital
$15.49 /

+0.79 (+5.37%)

02/23/21 UBS
Trinity Capital initiated with a Buy at UBS
02/23/21 Janney Montgomery Scott
Trinity Capital initiated with a Buy at Janney Montgomery Scott
02/23/21 Ladenburg
Trinity Capital initiated with a Neutral at Ladenburg
02/23/21 Wells Fargo
Trinity Capital initiated with an Overweight at Wells Fargo
  • 29
    Jan
TRIN Trinity Capital
$15.49 /

+0.79 (+5.37%)

Initiation
Trinity Capital initiated with a Buy at UBS » 08:20
02/23/21
02/23
08:20
02/23/21
08:20
TRIN

Trinity Capital

$15.49 /

+0.79 (+5.37%)

UBS analyst Brock…

UBS analyst Brock Vandervliet initiated coverage of Trinity Capital with a Buy rating and $17 price target. The stock's valuation sets up the company for "material upside", the analyst tells investors in a research note. Trinity Capital has been operating for 12 years and has been able to drive unlevered returns in the high teens while delivering loss rates that "rival that of high quality commercial banks" over the same time period, Vandervliet adds.

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TRIN Trinity Capital
$15.49 /

+0.79 (+5.37%)

02/23/21 Janney Montgomery Scott
Trinity Capital initiated with a Buy at Janney Montgomery Scott
02/23/21 Ladenburg
Trinity Capital initiated with a Neutral at Ladenburg
02/23/21 Wells Fargo
Trinity Capital initiated with an Overweight at Wells Fargo
02/23/21 B. Riley
Trinity Capital initiated with a Buy at B. Riley Securities
  • 29
    Jan
TRIN Trinity Capital
$15.49 /

+0.79 (+5.37%)

Initiation
Trinity Capital initiated with a Buy at Janney Montgomery Scott » 07:54
02/23/21
02/23
07:54
02/23/21
07:54
TRIN

Trinity Capital

$15.49 /

+0.79 (+5.37%)

Janney Montgomery Scott…

Janney Montgomery Scott analyst Mitchel Penn initiated coverage of Trinity Capital with a Buy rating and $15 price target. The analyst believes Trinity can generate a 12.0% return on equity with a cost of capital of 10.5%, resulting in a fair value estimate of $15 per share.

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TRIN Trinity Capital
$15.49 /

+0.79 (+5.37%)

02/23/21 Ladenburg
Trinity Capital initiated with a Neutral at Ladenburg
02/23/21 Wells Fargo
Trinity Capital initiated with an Overweight at Wells Fargo
02/23/21 B. Riley
Trinity Capital initiated with a Buy at B. Riley Securities
02/23/21 Keefe Bruyette
Trinity Capital initiated with an Outperform at Keefe Bruyette
  • 29
    Jan
TRIN Trinity Capital
$15.49 /

+0.79 (+5.37%)

Initiation
Trinity Capital initiated with a Neutral at Ladenburg » 07:15
02/23/21
02/23
07:15
02/23/21
07:15
TRIN

Trinity Capital

$15.49 /

+0.79 (+5.37%)

Ladenburg analyst…

Ladenburg analyst Christopher Nolan initiated coverage of Trinity Capital with a Neutral rating and no price target. The company is one of four publicly traded business development companies, or BDCs, focused exclusively on venture debt lending, which Nolan calls "a specialized and growing lending niche with attractive yields and barriers to entry to non-specialist competitors." While he thinks Trinity is strategically well positioned to grow given strong fund inflows and equity valuation appreciation in the venture capital sector, Nolan notes that the stock's price/NAV ratio is near the median of its three venture debt BDC peers while the company's dividend yield is currently lower than theirs.

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TRIN Trinity Capital
$15.49 /

+0.79 (+5.37%)

02/23/21 Wells Fargo
Trinity Capital initiated with an Overweight at Wells Fargo
02/23/21 B. Riley
Trinity Capital initiated with a Buy at B. Riley Securities
02/23/21 Keefe Bruyette
Trinity Capital initiated with an Outperform at Keefe Bruyette
  • 29
    Jan
TRIN Trinity Capital
$15.49 /

+0.79 (+5.37%)

Initiation
Trinity Capital initiated with an Overweight at Wells Fargo » 06:56
02/23/21
02/23
06:56
02/23/21
06:56
TRIN

Trinity Capital

$15.49 /

+0.79 (+5.37%)

, CCIV

Churchill Capital Corp IV

$57.40 /

+4.485 (+8.48%)

Wells Fargo analyst…

Wells Fargo analyst Finian O'Shea initiated coverage of Trinity Capital (TRIN) with an Overweight rating and $16 price target. Trinity has delivered contained credit loss rates over time and he expects that the shares will continue to trade at a premium to net asset value and "enjoy the benefit of accretive equity growth" should that continue, O'Shea tells investors. In addition, Trinity holds warrants in the parent of Lucid Motors, which has announced its intention to merge with the Churchill Capital Corp IV (CCIV) SPAC and "may have considerable option-like value" for Trinity, O'Shea said.

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CCIV Churchill Capital Corp IV
$57.40 /

+4.485 (+8.48%)

TRIN Trinity Capital
$15.49 /

+0.79 (+5.37%)

02/23/21 B. Riley
Trinity Capital initiated with a Buy at B. Riley Securities
02/23/21 Keefe Bruyette
Trinity Capital initiated with an Outperform at Keefe Bruyette
CCIV Churchill Capital Corp IV
$57.40 /

+4.485 (+8.48%)

  • 29
    Jan
CCIV Churchill Capital Corp IV
$57.40 /

+4.485 (+8.48%)

TRIN Trinity Capital
$15.49 /

+0.79 (+5.37%)

CCIV Churchill Capital Corp IV
$57.40 /

+4.485 (+8.48%)

CCIV Churchill Capital Corp IV
$57.40 /

+4.485 (+8.48%)

Initiation
Trinity Capital initiated with a Buy at B. Riley Securities » 04:45
02/23/21
02/23
04:45
02/23/21
04:45
TRIN

Trinity Capital

$15.49 /

+0.79 (+5.37%)

B. Riley Securities…

B. Riley Securities initiated coverage of Trinity Capital with a Buy rating and $16.50 price target.

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TRIN Trinity Capital
$15.49 /

+0.79 (+5.37%)

02/23/21 Keefe Bruyette
Trinity Capital initiated with an Outperform at Keefe Bruyette
  • 29
    Jan
TRIN Trinity Capital
$15.49 /

+0.79 (+5.37%)

Initiation
Trinity Capital initiated with an Outperform at Keefe Bruyette » 04:45
02/23/21
02/23
04:45
02/23/21
04:45
TRIN

Trinity Capital

$15.49 /

+0.79 (+5.37%)

Keefe Bruyette analyst…

Keefe Bruyette analyst Ryan Lynch initiated coverage of Trinity Capital with an Outperform rating and $17.50 price target. The analyst says the venture lender has a "strong" track record.

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  • 29
    Jan
TRIN Trinity Capital
$15.49 /

+0.79 (+5.37%)

On The Fly
Opening Day: Qualtrics jumps 40% in trading debut » 09:36
01/31/21
01/31
09:36
01/31/21
09:36
HMPT

Home Point Capital

$11.25 /

+1.7 (+17.80%)

, NLSP

NLS Pharmaceutics

$2.86 /

-0.83 (-22.49%)

, TRIN

Trinity Capital

$14.50 /

-0.62 (-4.10%)

, XM

Qualtrics

$43.93 /

-1.69 (-3.70%)

, SAP

SAP

$126.21 /

-4.29 (-3.29%)

, OCDX

Ortho Clinical Diagnostics

$16.51 /

+0.59 (+3.71%)

, VINP

Vinci Partners

$17.20 /

+0.2 (+1.18%)

, AGFY

Agrify

$11.30 /

-1.4 (-11.02%)

, SHLS

Shoals Technologies

$34.32 /

+1.33 (+4.03%)

, ZIM

ZIM Integrated

$12.02 /

+0.51 (+4.43%)

, TIRX

Tian Ruixiang

$12.30 /

-3.6 (-22.64%)

, EZGO

EZGO Technologies

$7.95 /

-0.26 (-3.17%)

, SEGR

Southeastern Grocers

$0.00 /

+ (+0.00%)

, CLRM

Clarim Acquisition

$0.00 /

+ (+0.00%)

, ITHX

Ithax Acquisition

$0.00 /

+ (+0.00%)

, IGNY

Ignyte Acquisition

$0.00 /

+ (+0.00%)

, HCAQ

HealthCor Catalio Acquisition

$10.14 /

+ (+0.00%)

, CAHC

CA Healthcare Acquisition

$0.00 /

+ (+0.00%)

, FSSI

Fortistar Sustainable Solutions

$0.00 /

+ (+0.00%)

, DNZ

D and Z Media Acquisition

$0.00 /

+ (+0.00%)

, BIOT

Biotech Acquisition

$0.00 /

+ (+0.00%)

, DHHC

DiamondHead Holdings

$0.00 /

+ (+0.00%)

, SSAA

Science Strategic Acquisition Corp. Alpha

$0.00 /

+ (+0.00%)

, RBLX

Roblox

$0.00 /

+ (+0.00%)

, BMBL

Bumble

$0.00 /

+ (+0.00%)

, COIN

Coinbase

$0.00 /

+ (+0.00%)

, HOMS

Caliber Home Loans

$0.00 /

+ (+0.00%)

, PHAR

Pharming

$14.20 /

-0.11 (-0.77%)

, LDI

LoanDepot

$0.00 /

+ (+0.00%)

Qualtrics, a spinoff of…

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XM Qualtrics
$43.93 /

-1.69 (-3.70%)

SAP SAP
$126.21 /

-4.29 (-3.29%)

RBLX Roblox
$0.00 /

+ (+0.00%)

COIN Coinbase
$0.00 /

+ (+0.00%)

HMPT Home Point Capital
$11.25 /

+1.7 (+17.80%)

NLSP NLS Pharmaceutics
$2.86 /

-0.83 (-22.49%)

TRIN Trinity Capital
$14.50 /

-0.62 (-4.10%)

XM Qualtrics
$43.93 /

-1.69 (-3.70%)

SAP SAP
$126.21 /

-4.29 (-3.29%)

01/11/21 UBS
SAP price target raised to EUR 112 from EUR 97 at UBS
01/07/21 Barclays
SAP price target raised to $163 from $158 at Barclays
12/02/20 Stephens
Stephens upgrades ACI Worldwide to Overweight after Starboard urges sale
11/06/20
Fly Intel: Top five analyst downgrades
OCDX Ortho Clinical Diagnostics
$16.51 /

+0.59 (+3.71%)

VINP Vinci Partners
$17.20 /

+0.2 (+1.18%)

AGFY Agrify
$11.30 /

-1.4 (-11.02%)

SHLS Shoals Technologies
$34.32 /

+1.33 (+4.03%)

ZIM ZIM Integrated
$12.02 /

+0.51 (+4.43%)

TIRX Tian Ruixiang
$12.30 /

-3.6 (-22.64%)

EZGO EZGO Technologies
$7.95 /

-0.26 (-3.17%)

SEGR Southeastern Grocers
$0.00 /

+ (+0.00%)

CLRM Clarim Acquisition
$0.00 /

+ (+0.00%)

ITHX Ithax Acquisition
$0.00 /

+ (+0.00%)

IGNY Ignyte Acquisition
$0.00 /

+ (+0.00%)

HCAQ HealthCor Catalio Acquisition
$10.14 /

+ (+0.00%)

CAHC CA Healthcare Acquisition
$0.00 /

+ (+0.00%)

FSSI Fortistar Sustainable Solutions
$0.00 /

+ (+0.00%)

DNZ D and Z Media Acquisition
$0.00 /

+ (+0.00%)

BIOT Biotech Acquisition
$0.00 /

+ (+0.00%)

DHHC DiamondHead Holdings
$0.00 /

+ (+0.00%)

SSAA Science Strategic Acquisition Corp. Alpha
$0.00 /

+ (+0.00%)

RBLX Roblox
$0.00 /

+ (+0.00%)

BMBL Bumble
$0.00 /

+ (+0.00%)

COIN Coinbase
$0.00 /

+ (+0.00%)

HOMS Caliber Home Loans
$0.00 /

+ (+0.00%)

PHAR Pharming
$14.20 /

-0.11 (-0.77%)

LDI LoanDepot
$0.00 /

+ (+0.00%)

SAP SAP
$126.21 /

-4.29 (-3.29%)

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    Feb
  • 27
    Jan
  • 26
    Jan
  • 29
    Jan
  • 29
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  • 29
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  • 28
    Jan
  • 28
    Jan
  • 27
    Jan
  • 28
    Jan
  • 28
    Jan
  • 29
    Oct
  • 28
    Jan
SAP SAP
$126.21 /

-4.29 (-3.29%)

RBLX Roblox
$0.00 /

+ (+0.00%)

COIN Coinbase
$0.00 /

+ (+0.00%)

XM Qualtrics
$43.93 /

-1.69 (-3.70%)

SAP SAP
$126.21 /

-4.29 (-3.29%)

RBLX Roblox
$0.00 /

+ (+0.00%)

HOMS Caliber Home Loans
$0.00 /

+ (+0.00%)

HMPT Home Point Capital
$11.25 /

+1.7 (+17.80%)

COIN Coinbase
$0.00 /

+ (+0.00%)

SAP SAP
$126.21 /

-4.29 (-3.29%)

Syndicate
Trinity Capital opens for trade at $14, IPO priced at $14 » 10:21
01/29/21
01/29
10:21
01/29/21
10:21
TRIN

Trinity Capital

$0.00 /

+ (+0.00%)

Trinity Capital, an…

Trinity Capital, an internally managed business development company, priced its initial public offering of 7,375,274 shares of its common stock at $14.00 per share. Trinity's shares trade on the Nasdaq under the symbol "TRIN." Keefe, Bruyette & Woods, Wells Fargo and UBS Investment Bank are acting as joint book-running managers for the offering. Janney Montgomery Scott, B. Riley Securities, Ladenburg Thalmann and Compass Point are acting as co-managers for the offering.

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  • 29
    Jan
Syndicate
Trinity Capital 7.375M share IPO priced at $14.00 » 23:03
01/28/21
01/28
23:03
01/28/21
23:03
TRIN

Trinity Capital

$0.00 /

+ (+0.00%)

The deal size was cut to…

The deal size was cut to 7.375M from 7.55M shares and priced inside the $13.50-$15.50 target range. Keefe Bruyette, Wells Fargo and UBS are acting as joint book running managers for the offering.

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  • 29
    Jan

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