Martha L. Byorum Sells 2,000 Shares of Tecnoglass Inc. (TGLS) Stock
Tecnoglass Inc. (NASDAQ:TGLS) Director Martha L. Byorum sold 2,000 shares of the company’s stock in a transaction dated Tuesday, December 5th. The shares were sold at an average price of $7.36, for a total transaction of $14,720.00. Following the completion of the sale, the director now directly owns 100,751 shares of the company’s stock, valued at $741,527.36. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Shares of Tecnoglass Inc. (TGLS) traded up $0.20 during trading hours on Wednesday, hitting $7.40. 24,500 shares of the stock were exchanged, compared to its average volume of 42,301. Tecnoglass Inc. has a 1-year low of $5.50 and a 1-year high of $12.34. The company has a quick ratio of 1.74, a current ratio of 2.38 and a debt-to-equity ratio of 1.79. The stock has a market capitalization of $246.58, a PE ratio of 16.36, a price-to-earnings-growth ratio of 0.84 and a beta of 0.51.
Institutional investors have recently modified their holdings of the company. Wells Fargo & Company MN increased its stake in shares of Tecnoglass by 36.7% during the second quarter. Wells Fargo & Company MN now owns 22,001 shares of the company’s stock worth $205,000 after acquiring an additional 5,902 shares during the period. Northern Trust Corp increased its stake in shares of Tecnoglass by 15.6% during the second quarter. Northern Trust Corp now owns 34,006 shares of the company’s stock worth $317,000 after acquiring an additional 4,588 shares during the period. Malaga Cove Capital LLC increased its stake in shares of Tecnoglass by 23.8% during the third quarter. Malaga Cove Capital LLC now owns 92,905 shares of the company’s stock worth $654,000 after acquiring an additional 17,881 shares during the period. Vanguard Group Inc. increased its stake in shares of Tecnoglass by 24.6% during the second quarter. Vanguard Group Inc. now owns 77,402 shares of the company’s stock worth $722,000 after acquiring an additional 15,261 shares during the period. Finally, Boston Partners acquired a new position in shares of Tecnoglass during the second quarter worth about $975,000. Institutional investors and hedge funds own 2.56% of the company’s stock.
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Tecnoglass Inc, through its subsidiaries, manufactures and sells architectural glass and windows for residential and commercial construction industries in North, Central, and South America. The company offers soft coat, laminated/thermo-laminated, thermo-acoustic, tempered, silk-screened, curved, and digital print glass.
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