William Gottwald Sells 54,269 Shares of Tredegar (NYSE:TG) Stock

Tredegar Corporation (NYSE:TG) major shareholder William Gottwald sold 54,269 shares of Tredegar stock in a transaction that occurred on Thursday, January 22nd. The stock was sold at an average price of $8.70, for a total value of $472,140.30. Following the completion of the transaction, the insider directly owned 665,815 shares in the company, valued at approximately $5,792,590.50. This represents a 7.54% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Major shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.

Tredegar Stock Performance

NYSE:TG opened at $8.71 on Wednesday. Tredegar Corporation has a fifty-two week low of $6.25 and a fifty-two week high of $9.43. The company has a 50 day simple moving average of $7.76 and a two-hundred day simple moving average of $7.84. The company has a market capitalization of $304.07 million, a PE ratio of -5.51 and a beta of 0.67.

Tredegar (NYSE:TG) last posted its quarterly earnings data on Friday, November 7th. The basic materials company reported $0.26 EPS for the quarter. Tredegar had a negative net margin of 7.75% and a positive return on equity of 8.64%. The company had revenue of $194.94 million for the quarter.

More Tredegar News

Here are the key news stories impacting Tredegar this week:

• 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

Wall Street Analysts Forecast Growth

TG has been the topic of several research analyst reports. Wall Street Zen upgraded Tredegar from a “hold” rating to a “strong-buy” rating in a research report on Saturday, November 15th. Weiss Ratings restated a “sell (d-)” rating on shares of Tredegar in a report on Wednesday, January 21st. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company currently has an average rating of “Sell”.

Institutional Investors Weigh In On Tredegar

A number of hedge funds have recently added to or reduced their stakes in TG. Russell Investments Group Ltd. raised its position in shares of Tredegar by 531.0% during the third quarter. Russell Investments Group Ltd. now owns 3,376 shares of the basic materials company’s stock worth $27,000 after purchasing an additional 2,841 shares during the period. BNP Paribas Financial Markets raised its holdings in Tredegar by 53.2% during the third quarter. BNP Paribas Financial Markets now owns 5,273 shares of the basic materials company’s stock worth $42,000 after buying an additional 1,830 shares during the last quarter. Tower Research Capital LLC TRC lifted its stake in shares of Tredegar by 225.3% in 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 in the last quarter. Citadel Advisors LLC lifted its stake in shares of Tredegar by 163.7% in the third 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 acquired a new position in shares of Tredegar during the third quarter valued at about $105,000. Institutional investors and hedge funds own 79.24% of the company’s stock.

About Tredegar

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.