Orchids Paper Products Company (NYSEMKT:TIS) CEO Jeffrey S. Schoen acquired 5,000 shares of the stock in a transaction dated Friday, May 19th. The stock was bought at an average price of $13.20 per share, for a total transaction of $66,000.00. Following the purchase, the chief executive officer now owns 39,889 shares of the company’s stock, valued at approximately $526,534.80. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Orchids Paper Products Company (NYSEMKT:TIS) last issued its quarterly earnings data on Monday, May 1st. The basic materials company reported ($0.08) EPS for the quarter, missing analysts’ consensus estimates of $0.11 by $0.19. The business had revenue of $35.40 million during the quarter, compared to analysts’ expectations of $40.08 million. During the same quarter last year, the company posted $0.56 earnings per share. Orchids Paper Products Company’s quarterly revenue was down 25.8% on a year-over-year basis.

Insider Buying and Selling by Quarter for Orchids Paper Products Company (NYSEMKT:TIS)

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Hedge funds and other institutional investors have recently modified their holdings of the stock. WFG Advisors LP raised its position in shares of Orchids Paper Products Company by 850.2% in the fourth quarter. WFG Advisors LP now owns 4,751 shares of the basic materials company’s stock worth $199,000 after buying an additional 4,251 shares in the last quarter. Bank of America Corp DE raised its position in shares of Orchids Paper Products Company by 61.2% in the first quarter. Bank of America Corp DE now owns 5,480 shares of the basic materials company’s stock worth $132,000 after buying an additional 2,080 shares in the last quarter. American International Group Inc. raised its position in shares of Orchids Paper Products Company by 7.0% in the first quarter. American International Group Inc. now owns 5,560 shares of the basic materials company’s stock worth $133,000 after buying an additional 364 shares in the last quarter. KCG Holdings Inc. purchased a new position in shares of Orchids Paper Products Company during the first quarter worth approximately $203,000. Finally, Neuberger Berman Group LLC purchased a new position in shares of Orchids Paper Products Company during the first quarter worth approximately $210,000.

Several equities research analysts have recently issued reports on the stock. TheStreet downgraded shares of Orchids Paper Products Company from a “b-” rating to a “c” rating in a research note on Monday, May 1st. Zacks Investment Research downgraded shares of Orchids Paper Products Company from a “hold” rating to a “strong sell” rating in a research note on Friday, February 24th. Finally, Jefferies Group LLC raised their price objective on shares of Orchids Paper Products Company from $25.00 to $26.00 and gave the stock a “hold” rating in a research note on Wednesday, March 8th.

Orchids Paper Products Company Company Profile

Orchids Paper Products Company is a supplier of consumer tissue products. The Company produces bulk tissue paper, known as parent rolls, and converts parent rolls into finished products, including paper towels, bathroom tissue and paper napkins. The Company offers customers a range of private label products across the value, premium and ultra-premium market segments.

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