<div id="readability-page-1"><p>Investment analysts at Citizens Jmp initiated coverage on shares of <span>Trinity Capital (NASDAQ:TRIN - Get Free Report)</span> in a research report issued on Monday,Benzinga reports. The brokerage set a &#34;market outperform&#34; rating and a $17.50 price target on the stock. Citizens Jmp's price objective would suggest a potential upside of 17.29% from the company's current price.</p><ul><li>Trinity Capital CEO on Leading Private Credit’s High-Yield Growth</li></ul><p>Other analysts also recently issued reports about the company. Citigroup started coverage on Trinity Capital in a research note on Monday. They issued an &#34;outperform&#34; rating for the company. JMP Securities  set a $17.50 target price on Trinity Capital in a report on Monday. UBS Group reduced their target price on shares of Trinity Capital from $18.00 to $17.00 and set a &#34;buy&#34; rating for the company in a research report on Tuesday, October 14th. Finally, Wells Fargo &amp; Company  reaffirmed an &#34;underweight&#34; rating and set a $13.50 price target (up from $13.00) on shares of Trinity Capital in a research report on Tuesday, August 12th. Four investment analysts have rated the stock with a Buy rating, one  has assigned  a Hold rating and one  has given a Sell rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of &#34;Moderate Buy&#34; and a consensus price target of $16.25.</p><div><p><span></span><span>Get <strong>Trinity Capital</strong> alerts:</span></p></div><p><b>Check Out Our Latest Stock Analysis on TRIN</b></p><h2>Trinity Capital Stock Up 0.8%</h2><p>Shares of TRIN opened at $14.92 on Monday. Trinity Capital has a twelve month low of $12.50 and a twelve month high of $16.82. The stock has a market capitalization of $1.13 billion, a P/E ratio of 6.81 and a beta of 0.53. The company has a 50 day moving average of $14.85 and a 200-day moving average of $15.05. </p><p>Trinity Capital (NASDAQ:TRIN - Get Free Report) last announced its quarterly earnings data on Wednesday, November 5th. The company reported $0.52 earnings per share for the quarter, meeting the consensus estimate of $0.52. Trinity Capital had a return on equity of 15.51% and a net margin of 50.49%.The company had revenue of $75.55 million during the quarter, compared to analysts' expectations of $74.31 million.  On average, sell-side analysts anticipate that  Trinity Capital will post 2.06 earnings per share for the current fiscal year. </p><h2>Insider Buying and Selling</h2><p>In related news, Chairman Steve Louis Brown purchased 4,500 shares of Trinity Capital stock in a transaction dated Friday, November 7th. The stock was purchased at an average cost of $14.42 per share, for a total transaction of $64,890.00. Following the completion of the acquisition, the chairman directly owned 818,466 shares of the company's stock, valued at $11,802,279.72. The trade was a 0.55% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Ronald E. Estes acquired 2,000 shares of Trinity Capital stock in a transaction on Friday, November 7th. The shares were purchased at an average price of $14.44 per share, with a total value of $28,880.00. Following the completion of the purchase, the director owned 38,779 shares in the company, valued at $559,968.76. This represents a 5.44% increase in their position. The SEC filing for this purchase provides additional information. Insiders acquired a total of 22,657 shares of company stock worth $333,779 in the last three months. 6.38% of the stock is owned by corporate insiders. </p><h2>Hedge Funds Weigh In On Trinity Capital</h2><p>Several hedge funds and other institutional investors have recently modified their holdings of the company. First Horizon Advisors Inc. bought a new position in shares of  Trinity Capital in the second quarter worth approximately $32,000.  PNC Financial Services Group Inc. purchased a new position in shares of  Trinity Capital during the first quarter valued at about $45,000.  MCF Advisors LLC bought a new stake in shares of  Trinity Capital in the third quarter worth about $52,000.  Allworth Financial LP bought a new stake in shares of  Trinity Capital in the second quarter worth about $53,000.  Finally, JPMorgan Chase &amp; Co. purchased a new stake in shares of  Trinity Capital in the second quarter worth about $54,000. 24.62% of the stock is owned by institutional investors. </p><h2>About Trinity Capital</h2> (Get Free Report)<p>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. </p><h2>See Also</h2><ul><li>Five stocks we like better than Trinity Capital</li><li>What is an Earnings Surprise?  </li><li>Broadcom’s Biggest Test Yet: Will Q4 Earnings Spark Another Rally?</li><li>Canada Bond Market Holiday: How to Invest and Trade </li><li>Rubrik’s Massive Rebound: Why the Next Leg Higher Could Be Fast</li><li>What Are Earnings Reports?</li><li>Five Below and Dollar Tree Earnings Signal a Shopper Shift</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9VFJJTg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="600" height="385" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9VFJJTg"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Trinity Capital Right Now?</h2><p>Before you consider Trinity Capital, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Trinity Capital wasn't on the list.</p><p>While Trinity Capital currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

TRIN

<p>Citizens Jmp initiated coverage on Trinity Capital (NASDAQ:TRIN) with a "market outperform" rating and a $17.50 target price, suggesting a 17.29% potential upside. Other analysts have also issued ratings, with a consensus of "Moderate Buy" and a price target of $16.25. Insiders have been buying shares, and institutional investors hold 24.62% of the stock. Trinity Capital is a venture capital firm specializing in venture debt, founded in 2019 and based in Phoenix, Arizona.</p>

Trinity Capital (NASDAQ:TRIN) Coverage Initiated at Citizens Jmp