Tredegar Corporation (NYSE:TG – Get Free Report) major shareholder John Gottwald sold 54,268 shares of Tredegar stock in a transaction that occurred on Thursday, January 22nd. The shares were sold at an average price of $8.70, for a total transaction of $472,131.60. Following the sale, the insider owned 665,816 shares of the company’s stock, valued at approximately $5,792,599.20. The trade was a 7.54% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Major shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.
Tredegar Stock Down 0.2%
Shares of TG stock opened at $8.71 on Wednesday. The business has a 50-day moving average price of $7.76 and a two-hundred day moving average price of $7.84. Tredegar Corporation has a 12-month low of $6.25 and a 12-month high of $9.43. The firm has a market cap of $304.07 million, a P/E ratio of -5.51 and a beta of 0.67.
Tredegar (NYSE:TG – Get Free Report) last announced its quarterly earnings data on Friday, November 7th. The basic materials company reported $0.26 earnings per share (EPS) for the quarter. The company had revenue of $194.94 million during the quarter. Tredegar had a negative net margin of 7.75% and a positive return on equity of 8.64%.
Tredegar News Summary
- Positive Sentiment: High institutional ownership (reported ~79%) means a large, stable shareholder base that can absorb insider selling and limit volatility. TG Insider Trades (MarketBeat)
- Neutral Sentiment: The sellers are long-term, high‑percentage owners reducing positions; such sales are often for diversification, tax or estate planning rather than a signal about near-term operations. The filings do not state a company-specific reason.
- Negative Sentiment: Two rounds of disclosed sales: Jan. 22 blocks (~54,269 shares each by John and William at ~$8.70) and Jan. 23 blocks (~24,823/24,824 shares each at ~$8.52). Together the transactions total roughly $0.6–0.7M per seller and reduced each insider’s stake (reported decreases of ~3.7% and ~7.5% on the cited filings). Insider selling by major holders can be viewed as a negative signal and may put short-term downward pressure on the stock. InsiderTrades alert AmericanBankingNews: William Gottwald Sale
Analyst Ratings Changes
Several analysts recently issued reports on the company. Weiss Ratings reissued a “sell (d-)” rating on shares of Tredegar in a research note on Wednesday, January 21st. Wall Street Zen upgraded Tredegar from a “hold” rating to a “strong-buy” rating in a research report on Saturday, November 15th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock currently has an average rating of “Sell”.
Read Our Latest Analysis on Tredegar
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently made changes to their positions in the company. Russell Investments Group Ltd. raised its position in shares of Tredegar by 531.0% in the 3rd quarter. Russell Investments Group Ltd. now owns 3,376 shares of the basic materials company’s stock worth $27,000 after acquiring an additional 2,841 shares in the last quarter. BNP Paribas Financial Markets raised its holdings in Tredegar by 53.2% in the third quarter. BNP Paribas Financial Markets now owns 5,273 shares of the basic materials company’s stock worth $42,000 after purchasing an additional 1,830 shares in the last quarter. Tower Research Capital LLC TRC lifted its position in Tredegar by 225.3% during the second quarter. Tower Research Capital LLC TRC now owns 6,889 shares of the basic materials company’s stock valued at $61,000 after buying an additional 4,771 shares during the period. Citadel Advisors LLC boosted its holdings in shares of Tredegar by 163.7% during the 3rd quarter. Citadel Advisors LLC now owns 11,850 shares of the basic materials company’s stock valued at $95,000 after buying an additional 30,450 shares in the last quarter. Finally, Prelude Capital Management LLC purchased a new stake in shares of Tredegar in the 3rd quarter worth about $105,000. Hedge funds and other institutional investors own 79.24% of the company’s stock.
Tredegar Company Profile
Tredegar Corporation is a diversified manufacturer specializing in high-performance plastic films and aluminum extrusions. Headquartered in Richmond, Virginia, the company operates through two primary segments—Films and Manufactured Products—serving a broad range of industries that include flexible packaging, medical devices, electronics, building and construction. Tredegar’s operations focus on delivering tailored solutions that meet demanding specifications for barrier properties, film strength and extrusion tolerances.
The Films segment produces a variety of polyolefin films, including cast and blown polyethylene, BOPP (biaxially oriented polypropylene), barrier films and specialty medical-grade films.
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