1 day Ago By Defense World Staff
Commonwealth Equity Services LLC boosted its position in shares of Trinity Capital Inc. ( NASDAQ:TRIN – Free Report ) by 5.0% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC).
The fund owned 71,436 shares of the company’s stock after acquiring an additional 3,415 shares during the period. Commonwealth Equity Services LLC owned 0.14% of Trinity Capital worth $1,010,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Private Advisor Group LLC raised its stake in shares of Trinity Capital by 2.8% in the 4th quarter.
Private Advisor Group LLC now owns 34,735 shares of the company’s stock valued at $505,000 after buying an additional 933 shares in the last quarter. Dynamic Technology Lab Private Ltd acquired a new stake in Trinity Capital during the 4th quarter valued at $351,000. Aigen Investment Management LP bought a new position in Trinity Capital in the 4th quarter valued at $302,000.
Cape Investment Advisory Inc. bought a new position in Trinity Capital in the 4th quarter valued at $107,000. Finally, Prevail Innovative Wealth Advisors LLC boosted its stake in Trinity Capital by 11.
2% in the fourth quarter. Prevail Innovative Wealth Advisors LLC now owns 102,292 shares of the company’s stock worth $1,486,000 after purchasing an additional 10,289 shares in the last quarter. Institutional investors and hedge funds own 24.
62% of the company’s stock. Insider Buying and Selling In other news, CEO Kyle Steven Brown bought 3,500 shares of the business’s stock in a transaction on Tuesday, August 13th. The shares were bought at an average cost of $14.
15 per share, for a total transaction of $49,525.00. Following the completion of the acquisition, the chief executive officer now owns 975,298 shares in the company, valued at approximately $13,800,466.
70. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink . Insiders have bought 5,597 shares of company stock valued at $78,913 in the last 90 days.
6.38% of the stock is owned by insiders. Trinity Capital Stock Performance Trinity Capital ( NASDAQ:TRIN – Get Free Report ) last issued its earnings results on Wednesday, August 7th.
The company reported $0.51 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.53 by ($0.
02). Trinity Capital had a net margin of 40.06% and a return on equity of 16.
14%. The business had revenue of $54.64 million during the quarter, compared to the consensus estimate of $53.
17 million. During the same period last year, the business posted $0.58 EPS.
Analysts forecast that Trinity Capital Inc. will post 2.08 EPS for the current year.
Trinity Capital Company Profile ( Free Report ) Trinity Capital Inc is a business development company. It is a venture capital firm specializing in venture debt to growth stage companies looking for loans and/or equipment financing. Trinity Capital Inc was founded in 2019 is based in Phoenix, Arizona with additional offices in the United States.
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